UTI Innovation Fund Direct Growth
Get the latest NAV of UTI 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.
₹11.17
▲0.2%1D
NAV as on 13 May 2025
7.25%/per year
Since Inception
▲▼
254 people have invested ₹ 5.6L in UTI Innovation Fund Direct Growth in the last three months
UTI Innovation Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (13-May-25)
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 (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 95.3%
Debt & Cash 4.7%
UTI Innovation Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 95.3%
Debt & Cash 4.7%
Top 3 Sectors in March were Industrial, Tech & Communication
Industrial
23%
Communication
23%
Tech
22%
Industrial
23%
Tech
23%
Communication
21%
UTI Innovation Fund Holdings Details
as on (30-Apr-25)
Equity
UTI Innovation Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.99% |
Benchmark | Nifty 500 TRI |
| AUM | ₹760 Cr |
| Inception Date | 13 October, 2023 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 4.58% |
| 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 UTI Innovation Fund
UTI Innovation Fund Direct Growth is an equity fund. This fund was started on 13 October, 2023. The fund is managed by Ankit Agarwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Innovation Fund Direct Growth has ₹760 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
UTI Innovation Fund Direct Growth has given a CAGR return of 7.25% since inception. Over the last 1 year the fund has given a CAGR return of 6.16%.
Holdings
UTI Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Communication, Industrial, Tech, Consumer Cyclical, Financial Services, Basic Materials, Health. Its top holdings are Eternal Ltd, Info Edge (India) Ltd, PB Fintech Ltd, FSN E-Commerce Ventures 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 Direct Growth
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 Direct Growth has no lock in period.
Fund Manager
Ankit Agarwal
Fund Manager of UTI Innovation Fund Direct Growth, since 13 October 2023
- AUM of the fund stands at 737.6 Cr as of Mar'25
- AUM increased by 28 Cr between Mar'25 and Feb'25
More funds from UTI
5Y CAGR
▲ 28.17
5Y CAGR
▲ 30.54
5Y CAGR
▲ 23.59
Frequently Asked Questions for UTI Innovation Fund Direct Growth
What is the current NAV of UTI Innovation Fund Direct Growth?
What are the average returns of UTI Innovation Fund Direct Growth?
UTI Innovation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.38% | 8.38% |
6 Month Returns | -4.91% | -4.91% |
1 Year Returns | 6.16% | 6.16% |
3 Years Returns | 0% | 0% |
How do I invest in UTI Innovation Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of UTI Innovation Fund Direct Growth?
What is net assets under management (AUM) of UTI Innovation Fund Direct Growth?
What are the top 5 holdings of UTI Innovation Fund Direct Growth?
What are the top 3 sectors that this UTI Innovation Fund Direct Growth has invested in?
What is the alpha of UTI Innovation Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Innovation Fund Direct Growth | - | - | - |
What is the beta of UTI Innovation Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Innovation Fund Direct Growth | - | - | - |
What is the sharpe ratio of UTI Innovation Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Innovation Fund Direct Growth | -0.19 | - | - |
What is the standard deviation of UTI Innovation Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Innovation Fund Direct Growth | 23.89 | - | - |