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HDFC Innovation Fund
Get the latest NAV of HDFC 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.
₹10.05
1D
NAV as on 23 Feb 2026
0.34%/per year
Since Inception
▲▼
3526 people have invested ₹ 1Cr in HDFC Innovation Fund in the last three months
HDFC Innovation Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (23-Feb-26)
The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
HDFC Innovation Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
HDFC Innovation Fund Asset Allocation
See fund asset allocation details as on (14-Feb-26)
Fund Distribution
as on (14-Feb-26)
HDFC Innovation Fund Sector Allocation
See fund sector allocation details as on (14-Feb-26)
Sector Allocation
Top 3 Sectors in January were Health, Consumer Cyclical & Industrial
Health
21%
Consumer Cyclical
21%
Industrial
19%
Health
22%
Consumer Cyclical
21%
Industrial
17%
HDFC Innovation Fund Holdings Details
as on (31-Jan-26)
HDFC Innovation Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.76% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹2598 Cr |
| Inception Date | 17 July, 2025 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Very High Risk |
About HDFC Innovation Fund
HDFC Innovation Fund is an equity fund. This fund was started on 17 July, 2025. The fund is managed by Amit Sinha, Dhruv Muchhal. The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC Innovation Fund has ₹2598 Cr worth of assets under management (AUM) as on Feb 2026 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
HDFC Innovation Fund has given a CAGR return of 0.34% since inception.
Holdings
HDFC Innovation Fund has allocated its funds majorly in Cash Equivalent, Health, Consumer Cyclical, Industrial, Tech, Financial Services, Utilities, Basic Materials, Communication, Energy, Consumer Defensive, Real Estate. Its top holdings are Eternal Ltd, Bajaj Finance Ltd, PB Fintech Ltd, Bharat Electronics Ltd, Divi's Laboratories 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 HDFC Innovation Fund
To generate long-term capital appreciation / income by investing in companies that are adopting innovative themes and strategies. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Innovation Fund has no lock in period.
Fund Manager
Amit Sinha
Fund Manager of HDFC Innovation Fund, since 17 July 2025
Dhruv Muchhal
Fund Manager of HDFC Innovation Fund, since 17 July 2025
- AUM of the fund stands at 2.6K Cr as of Jan'26
- AUM decreased by 171.5 Cr between Jan'26 and Dec'25
Frequently Asked Questions for HDFC Innovation Fund
How do I invest in HDFC Innovation Fund?
- Download the INDmoney app.
- Search for ‘HDFC 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.