Bandhan Innovation Fund

Bandhan Mutual FundThematicPortfolio as of 30 September 2026

Bandhan Innovation Fund holds 92 instruments (98.54% equity), led by ETERNAL LIMITED (5.67%), One 97 Communications Limited (4.8%) and Bajaj Finserv Limited (3.46%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings
92
Equity Allocation
98.54%
AMC
Bandhan Mutual Fund
Category
Thematic

This page shows the complete disclosed portfolio of Bandhan Innovation Fund, managed by Bandhan Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 92 instruments with an equity allocation of 98.54%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Bandhan Innovation Fund's top 10 holdings account for 30.64% of its portfolio, more diversified than the Thematic category average of 49.2%. Consumer Discretionary is its largest sector exposure at 27.43% of net assets, spread across 13 sectors in total. Since its 31 August 2026 disclosure, the fund added 6 new positions and exited 2 positions, with GE Vernova T&D India Limited seeing the largest move (-0.77pp to 0.74%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Consumer Discretionary
27.43%
Financial Services
19.7%
Healthcare
12.9%
Industrials
11.02%
Information Technology
7.7%
Consumer Staples
5.34%
Services
3.5%
Telecommunication
2.56%
Energy
1.98%
Diversified
1.92%
Real Estate
1.79%
Materials
1.7%
Other
1.46%
Utilities
1%

Top 10 Equity Holdings

What Changed: August 2026 → September 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

6 new entries2 exits10 increased10 reduced

Biggest Weight Increases

StockWeightChange
BlueStone Jewellery and Lifestyle Limited0.95% → 1.57%▲ +0.62
Nephrocare Health Services Limited0.29% → 0.78%▲ +0.49
Sterlite Technologies Limited2% → 2.44%▲ +0.44
LALITHAA JEWELLERY MART LTD0.87% → 1.18%▲ +0.31
Mtar Technologies Limited1.66% → 1.9%▲ +0.24
Info Edge (India) Limited1.37% → 1.58%▲ +0.21
Tega Industries Limited0.64% → 0.81%▲ +0.17
Electronics Mart India Limited0.51% → 0.65%▲ +0.14
Physicswallah Limited0.9% → 1.03%▲ +0.13
Cohance Lifesciences Limited0.55% → 0.68%▲ +0.13

Biggest Weight Reductions

StockWeightChange
GE Vernova T&D India Limited1.51% → 0.74%▼ -0.77
ETERNAL LIMITED6.43% → 5.67%▼ -0.76
Thangamayil Jewellery Limited0.79% → 0.07%▼ -0.72
HEG Limited0.83% → 0.26%▼ -0.57
Honasa Consumer Limited2.28% → 1.91%▼ -0.37
MANIPAL HEALTH ENTERPRISES L0.6% → 0.25%▼ -0.35
Mahindra & Mahindra Limited2.33% → 2.02%▼ -0.31
AstraZeneca Pharma India Limited2.72% → 2.41%▼ -0.31
Max Financial Services Limited0.78% → 0.5%▼ -0.28
ICICI Bank Limited3.16% → 2.9%▼ -0.26

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 3 monthly disclosures (Jul – Sept 2026).

Jul: 5.39%, Aug: 6.43%, Sept: 5.67%
5.67%
Jul: 4.32%, Aug: 5.02%, Sept: 4.8%
4.8%
Jul: 4.07%, Aug: 3.72%, Sept: 3.46%
3.46%
Jul: 3.49%, Aug: 3.16%, Sept: 2.9%
2.9%
Jul: 2.41%, Aug: 2.8%, Sept: 2.8%
2.8%

Full Portfolio (92 holdings)

#HoldingSector% to NAV
1ETERNAL LIMITEDConsumer Discretionary5.67%
2One 97 Communications LimitedFinancial Services4.8%
3Bajaj Finserv LimitedFinancial Services3.46%
4ICICI Bank LimitedFinancial Services2.9%
5Meesho LimitedConsumer Discretionary2.8%
6Sterlite Technologies LimitedTelecommunication2.44%
7AstraZeneca Pharma India LimitedHealthcare2.41%
8Coforge LimitedInformation Technology2.16%
9Mahindra & Mahindra LimitedConsumer Discretionary2.02%
10Triparty Repo TRP_011026treps—2.02%
11Reliance Industries LimitedEnergy1.98%
12Honasa Consumer LimitedConsumer Staples1.91%
13Mtar Technologies LimitedIndustrials1.9%
14Poonawalla Fincorp LimitedFinancial Services1.9%
15Bharat Electronics LimitedIndustrials1.73%
16E2E Networks LimitedInformation Technology1.73%
17Jubilant Ingrevia LimitedMaterials1.7%
18Divi's Laboratories LimitedHealthcare1.69%
19Info Edge (India) LimitedConsumer Discretionary1.58%
20BlueStone Jewellery and Lifestyle LimitedConsumer Discretionary1.57%
21Billionbrains Garage Ventures LimitedFinancial Services1.45%
22Dr. Agarwal's Health Care LimitedHealthcare1.42%
23Varun Beverages LimitedConsumer Staples1.38%
24Amber Enterprises India LimitedConsumer Discretionary1.31%
25Hitachi Energy India LimitedIndustrials1.21%
26LALITHAA JEWELLERY MART LTDConsumer Discretionary1.18%
27Shadowfax Technologies LimitedServices1.16%
28Cholamandalam Investment and Finance Company LimitedFinancial Services1.15%
29TVS Motor Company LimitedConsumer Discretionary1.13%
30Saregama India LimitedConsumer Discretionary1.1%
31Tilaknagar Industries LimitedConsumer Staples1.09%
32TD POWER SYSTEMS LTDIndustrials1.06%
33Physicswallah LimitedConsumer Discretionary1.03%
34Prestige Estates Projects LimitedReal Estate1.01%
35RENTOMOJO LTDIndustrials1.01%
36NTPC LimitedUtilities1%
37Adani Ports and Special Economic Zone LimitedServices0.99%
38ZF Commercial Vehicle Control Systems India LimitedConsumer Discretionary0.99%
39Vintage Coffee And Beverages LimitedConsumer Staples0.96%
40HDFC Bank LimitedFinancial Services0.96%
41Trent LimitedConsumer Discretionary0.95%
42The Indian Hotels Company LimitedConsumer Discretionary0.93%
43Torrent Pharmaceuticals LimitedHealthcare0.93%
44Glenmark Pharmaceuticals LimitedHealthcare0.93%
45Amagi Media Labs LimitedInformation Technology0.92%
46Craftsman Automation LimitedConsumer Discretionary0.91%
47Fortis Healthcare LimitedHealthcare0.9%
48Jubilant Pharmova LimitedHealthcare0.88%
49Vedanta Aluminium Metal LimitedDiversified0.88%
50Affle 3i LimitedInformation Technology0.85%
51Tech Mahindra LimitedInformation Technology0.82%
52Tega Industries LimitedIndustrials0.81%
53Sona BLW Precision Forgings LimitedConsumer Discretionary0.79%
54Godrej Properties LimitedReal Estate0.78%
55Biocon LimitedHealthcare0.78%
56Nephrocare Health Services LimitedHealthcare0.78%
57Canara HSBC Life Insurance Company LimitedFinancial Services0.77%
58Multi Commodity Exchange of India LimitedFinancial Services0.77%
59GE Vernova T&D India LimitedIndustrials0.74%
60Sai Life Sciences LimitedHealthcare0.74%
61Eicher Motors LimitedConsumer Discretionary0.69%
62Cohance Lifesciences LimitedHealthcare0.68%
63Rashi Peripherals LimitedInformation Technology0.68%
64Kfin Technologies LimitedFinancial Services0.65%
65Electronics Mart India LimitedConsumer Discretionary0.65%
66Ethos LimitedConsumer Discretionary0.59%
67Afcom Holdings LimitedServices0.59%
68KUSUMGAR LTDConsumer Discretionary0.58%
69Cyient LimitedInformation Technology0.54%
70BLACKBUCK LIMITEDServices0.53%
713M India LimitedDiversified0.52%
72Vedanta Power LimitedDiversified0.52%
73Suraksha Diagnostic LimitedHealthcare0.51%
74Usha Martin LimitedIndustrials0.51%
75Ather Energy LimitedConsumer Discretionary0.51%
76HEG Graphite Limited^Industrials0.51%
77Max Financial Services LimitedFinancial Services0.5%
78Power Mech Projects LimitedIndustrials0.46%
79Ideaforge Technology LimitedIndustrials0.44%
80PB Fintech LimitedFinancial Services0.39%
81KRN Heat Exchanger and Refrigeration LimitedIndustrials0.38%
82Jubilant Foodworks LimitedConsumer Discretionary0.29%
83HEG LimitedIndustrials0.26%
84MANIPAL HEALTH ENTERPRISES LHealthcare0.25%
85SHIPROCKET LTDServices0.23%
86Optiemus Infracom LimitedTelecommunication0.12%
87Stove Kraft LimitedConsumer Discretionary0.09%
88Thangamayil Jewellery LimitedConsumer Discretionary0.07%
89Cash Margin - Derivativesother—0.06%
90Cash Margin - CCILother—0.01%
91Cash / Bank Balanceother—0.01%
92Net Receivables/Payablesother—-0.64%

Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, ETERNAL LIMITED is 5.67% of Bandhan Innovation Fund's net assets — its number 1 holding.
Yes. As of its 30 September 2026 disclosure, One 97 Communications Limited is 4.8% of Bandhan Innovation Fund's net assets — its number 2 holding.
Yes. As of its 30 September 2026 disclosure, Bajaj Finserv Limited is 3.46% of Bandhan Innovation Fund's net assets — its number 3 holding.
Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 2.9% of Bandhan Innovation Fund's net assets — its number 4 holding.
Yes. As of its 30 September 2026 disclosure, Meesho Limited is 2.8% of Bandhan Innovation Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Bandhan Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.