HDFC Innovation Fund Direct Growth
Get the latest NAV of HDFC Innovation Fund Direct Growth. 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.
₹9.94
1D
NAV as on 04 Aug 2025
/per year
Since Inception
▲▼
1784 people have invested ₹ 4.6Cr in HDFC Innovation Fund Direct Growth in the last three months
HDFC Innovation Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (04-Aug-25)
The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.
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 Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | -- |
Benchmark | Nifty 500 TR INR |
| AUM | -- |
| Inception Date | 17 July, 2025 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About HDFC Innovation Fund
HDFC Innovation Fund Direct Growth is an equity fund. This fund was started on 17 July, 2025. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC Innovation Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
- The fund has an expense ratio 0.
Returns
HDFC Innovation Fund Direct Growth has given a CAGR return of -1.49% since inception.
Holdings
HDFC Innovation Fund Direct Growth has allocated its funds majorly in . Its top holdings are
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 Direct Growth
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 Direct Growth has no lock in period.
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Frequently Asked Questions for HDFC Innovation Fund Direct Growth
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.