Tata India Innovation Fund

Tata India Innovation Fund

Equity

Tata Mutual Fund

Equity - Other

Get the latest NAV of Tata India 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.

₹8.84

▲0.7%1D

NAV as on 17 Mar 2026

-9.61%/per year

Since Inception

Absolute Gain%

▲▼

1019 people have invested ₹ 19.1L in Tata India Innovation Fund in the last three months

Tata India Innovation Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (17-Mar-26)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-9.11%
-12.12%
-13.92%
3.47%
--
--
Nifty 500
-9.13%
-8.96%
-8.76%
5.44%
14.05%
11.67%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
-0.27%
8.57%
15.16%
40.39%
32.84%
27.06%
Worst in Equity - Other
-14.21%
-21.92%
-23.59%
-11.68%
7.85%
5.89%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Tata India Innovation Fund
-
1,439Cr
0.66%
3.47%
-
--
--
--
--
--
ICICI Prudential India Opportunities Fund
1/47
35,666Cr
0.66%
11.49%
22.63%
7.78
0.82
1.52
3.00
1.60
ICICI Prudential Business Cycle Fund
2/47
16,202Cr
0.74%
12.01%
21.8%
7.04
0.84
1.44
2.86
1.52
Nippon India Quant Fund
3/47
113Cr
0.53%
10.51%
19.61%
3.82
1.02
1.13
2.00
1.38
See all

Tata India Innovation Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Tata India Innovation Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Large cap
46.6%
Small cap
34%
Mid cap
14.8%
Small Cap allocation has gone down from 37% to 34%
Small Cap allocation has gone down from 37% to 34%
Mid Cap allocation has gone up from 13.9% to 14.8%
Mid Cap allocation has gone up from 13.9% to 14.8%
Large Cap allocation has gone down from 47.5% to 46.6%
Large Cap allocation has gone down from 47.5% to 46.6%
Cash allocation has gone up from 1.6% to 4.6%
Cash allocation has gone up from 1.6% to 4.6%

Tata India Innovation Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Financial Services
18.2%
Tech
17.9%
Consumer Cyclical
17.8%
Health
12.9%
Industrial
10.5%
Communication
9.3%
Consumer Defensive
6%
Basic Materials
3.7%
Energy
2.9%
Real Estate
0.9%

Top 3 Sectors in February were Financial Services, Consumer Cyclical & Tech

Feb'26

Financial Services

25%

Consumer Cyclical

21%

Health

17%

Jan'26

Financial Services

23%

Consumer Cyclical

19%

Tech

16%

Tata India Innovation Fund Holdings Details

as on (28-Feb-26)

Top Stocks bought last month
Bank of Baroda's allocation increased from 0.8% to 1.79%
Bank of Baroda's allocation increased from 0.8% to 1.79%
Vishal Mega Mart Ltd's allocation increased from 1.48% to 2.26%
Vishal Mega Mart Ltd's allocation increased from 1.48% to 2.26%
Dr. Lal PathLabs Ltd's allocation increased from 2.61% to 3.19%
Dr. Lal PathLabs Ltd's allocation increased from 2.61% to 3.19%
Top Stocks sold last month
PB Fintech Ltd's allocation decreased from 3.92 % to 3.65 %
PB Fintech Ltd's allocation decreased from 3.92 % to 3.65 %
Bharti Airtel Ltd's allocation decreased from 3.08 % to 3.06 %
Bharti Airtel Ltd's allocation decreased from 3.08 % to 3.06 %
HDFC Bank Ltd's allocation decreased from 2.64 % to 2.63 %
HDFC Bank Ltd's allocation decreased from 2.64 % to 2.63 %

Tata India Innovation Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.66%
Benchmark
Nifty 500 TRI
AUM₹1439 Cr
Inception Date28 November, 2024
Min Lumpsum/SIP₹5,000/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
3.29%
Risk
Risk meter
pointer
Very High Risk

About Tata India Innovation Fund

Tata India Innovation Fund is an equity fund. This fund was started on 28 November, 2024. The fund is managed by Meeta Shetty, Hasmukh Vishariya. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Tata India Innovation Fund has ₹1439 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Tata India Innovation Fund has given a CAGR return of -9.61% since inception. Over the last 1 year the fund has given a CAGR return of 3.47%.

Holdings

Tata India Innovation Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Industrial, Communication, Basic Materials, Energy, Consumer Defensive. Its top holdings are Axis Bank Ltd, ICICI Bank Ltd, PB Fintech Ltd, Reliance Industries Ltd, Adani Ports & Special Economic Zone 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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Tata India Innovation Fund

The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Tata India Innovation Fund has no lock in period.

Fund Manager

Meeta Shetty

Fund Manager of Tata India Innovation Fund, since 28 November 2024

Hasmukh Vishariya

Fund Manager of Tata India Innovation Fund, since 1 March 2025

Learn more about Tata Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 1.4K Cr
₹ 1.5K Cr
₹ 1.6K Cr
  • AUM of the fund stands at 1.4K Cr as of Feb'26
  • AUM decreased by 58.9 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Tata India Innovation Fund

How do I invest in Tata India Innovation Fund?

INDmoney makes it simple to invest in the Tata India Innovation Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Tata India 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.

What is the current NAV of Tata India Innovation Fund?

The NAV of the fund today is ₹8.84. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Tata India Innovation Fund fund has generated a return of 3.47% in 1 year

Who is the fund manager of Tata India Innovation Fund?

The fund managers are Meeta Shetty, Hasmukh Vishariya.

What is the exit load of the fund?

The exit load is 0.5% if redeemed in 0-30 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.66%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1439 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Tata India Innovation Fund?

The top 3 holdings of the fund are Axis Bank Ltd(5.25%), ICICI Bank Ltd(4.58%), PB Fintech Ltd(3.65%)