UTI Innovation Fund
Get the latest NAV of UTI Innovation Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹9.19
1D
NAV as on 23 Mar 2026
/per year
Since Inception
▲▼
169 people have invested ₹ 5.3L in UTI Innovation Fund in the last three months
UTI Innovation Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (23-Mar-26)
The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
UTI Innovation Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
UTI Innovation Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
UTI Innovation Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top 3 Sectors in February were Communication, Tech & Industrial
Industrial
24%
Tech
22%
Communication
22%
Communication
23%
Tech
23%
Industrial
23%
UTI Innovation Fund Holdings Details
as on (28-Feb-26)
UTI Innovation Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.93% |
Benchmark | Nifty 500 TRI |
| AUM | ₹689 Cr |
| Inception Date | 13 October, 2023 |
| Min Lumpsum/SIP | ₹5,000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 11.17% |
| Risk |   Very High Risk |
About UTI Innovation Fund
UTI Innovation Fund is an equity fund. This fund was started on 13 October, 2023. The fund is managed by Nitin Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Innovation Fund has ₹689 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
UTI Innovation Fund has given a CAGR return of -3.39% since inception. Over the last 1 year the fund has given a CAGR return of -13.79%.
Holdings
UTI Innovation Fund has allocated its funds majorly in Cash Equivalent, Industrial, Tech, Communication, Consumer Cyclical, Basic Materials, Financial Services. Its top holdings are Eternal Ltd, Info Edge (India) Ltd, MTAR Technologies Ltd, One97 Communications Ltd, Affle 3i Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of UTI Innovation Fund
The scheme intends to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Innovation Fund has no lock in period.
Fund Manager
Nitin Jain
Fund Manager of UTI Innovation Fund, since 1 October 2024
- AUM of the fund stands at 688.7 Cr as of Feb'26
- AUM decreased by 64.7 Cr between Feb'26 and Jan'26
Frequently Asked Questions for UTI Innovation Fund
How do I invest in UTI Innovation Fund?
- Download the INDmoney app.
- Search for ‘UTI Innovation Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.