Types of Innovators
Leading
Industry-leading companies with high R&D investments, the potential to create entirely new markets, and high market share.
Rising
Companies that leverage innovation for a competitive edge, focusing on improving existing services/product offerings.
Emerging
Companies that fill market gaps with disruptive products or services, have a low market share but show strong growth projections.
Key takeaway: At its core, companies innovate to increase revenue, market share, and profitability.
Innovation in Action: An Electronic Giant's Success
This multinational giant expanded its market cap to $3 trillion in 24 years, driven by R&D that spurred scientific innovations and patents, leading to significant growth.
Innovation in Action: A Brokerage Firm’s Rise
This brokerage firm innovated in digital payments, and artificial intelligence, leading to a substantial rise in its market share.
Why Innovation Now: Proven Success in Banking and EV
Banking Transformation
Digital Payment Volume
Digital payments have skyrocketed, with a 45% CAGR and a 2.5x volume increase from FY21-FY23.
Annual Sales Trend of EVs
EV Revolution
EV sales in India have soared, with a remarkable 87.5% CAGR from FY14-FY22, led by 2-wheelers and followed by 3-wheelers.
Key takeaway: Innovation's track record is clear - it drives significant company growth.
Why Innovation Now: Rising Wave in Digital Media and Retail
Digital Media
Anticipated Growth in Media and Entertainment
Poised for a 14.7% CAGR over 6 years, expected to overtake traditional television packages.
Retail Reshaped
Anticipated Growth in Indian Ecommerce
E-commerce expected to grow 7x in 10 years, with the Indian market projected to be the 2nd largest globally and reach $350 billion.
Key takeaway: These are not mere trends, there's a wave of innovation shaping our economic landscape, presenting an enticing investment opportunity.
IBEF, Invest India
Past performance may or may not be sustained in the future.
Bandhan Innovation Fund: Overview
Strategic Focus
Diversified Yet
Targeted
Long-Term
Outlook
Proactive
Approach
Bandhan Innovation Fund: Construct
Leading Innovators
Allocation: 35 - 45%
Sector-leading companies with high investment in R&D.
Rising Innovators
Allocation: 35 - 45%
Companies that leverage innovation to create a competitive advantage.
Emerging Innovators
Allocation: 10 - 30%
Companies identifying gaps and creating products/services.
Consider investing in this fund if…
You’re a patient investor with a long-term horizon looking to invest in the innovation theme, especially via SIP.
You’re seeking capital appreciation in your satellite portfolio.
You’ve tolerance for high risk that comes with a thematic fund.
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Make an informed decision. Learn more about investing in Bandhan Innovation Fund
Fund Facts
Type of Scheme
A thematic fund investing in companies following innovation theme.
NFO Period
10th April - 24th April, 2024
Benchmark
Nifty 500 TRI
Fund Managers
Equity portion: Mr. Manish Gunwani
Debt portion: Mr. Brijesh Shah
Overseas portion: Ms. Ritika Behera
Minimum Investment
During New Fund Offer
₹ 1,000
And in multiples of Rs. 1/- thereafter
Exit Load
If redeemed/switched out within 30 days from the date of allotment: 0.50% of the applicable NAV
If redeemed/switched out after 30 days from date of allotment - Nil
Plans/Options
Regular/Direct Plan: Growth Option and Income Distribution cum capital withdrawal Option^
Investment Objective
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme. Disclaimer: There is no assurance or guarantee that the scheme's objectives will be realized.
Fund Manager
Manish Gunwani
Head - Equities
Manish Gunwani serves as the Head of Equities at Bandhan AMC. With his deep expertise in equity fund management and a distinguished career spanning over 28 years, Manish is celebrated for his strategic approach to wealth creation and consistent track record in the sector. His extensive experience encompasses a broad spectrum of equity research and fund management.
Before his current role, Manish was the Chief Investment Officer - Equities at Nippon India Mutual Fund, managing an equity AUM of over Rs 1.2 lakh crores. He also significantly contributed at ICICI Prudential AMC as the Deputy CIO (Equities), where he was instrumental in growing two flagship funds to a total AUM exceeding Rs. 35,000 crores.
An alumnus of IIT Madras, Manish also holds a postgraduate diploma in management from IIM Bangalore. Beyond his professional sphere, Manish takes a keen interest in reading about historic events and follows football.
Product info
Bandhan Innovation Fund
(An open-ended equity scheme following an innovation theme)
This product is suitable for investors who are seeking*:
- To create wealth over long term.
- Investment predominantly in equity and equity-related instruments of companies following innovation theme.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
