UTI Innovation Fund Direct Growth

UTI Innovation Fund Direct Growth

Equity

UTI Mutual Fund

Equity - Other

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.

₹12.01

▼-0.2%1D

NAV as on 14 Aug 2025

10.51%/per year

Since Inception

Absolute Gain%

▲▼

267 people have invested ₹ 17.8L 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 (14-Aug-25)

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
1.21%
6.32%
12.09%
-4.04%
--
--
Nifty 500
-3.38%
-0.83%
9.92%
-1.63%
14.07%
19.74%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
2.43%
11.84%
43.18%
13.99%
32.61%
32.29%
Worst in Equity - Other
-7.6%
-2.68%
-2.33%
-16.05%
7.61%
13.15%

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
UTI Innovation Fund
-
838Cr
0.85%
-4.04%
-
--
--
--
--
--
ICICI Prudential India Opportunities Fund Direct Growth
1/40
29,718Cr
0.61%
5.76%
24.2%
9.01
0.82
1.49
2.94
1.86
ICICI Prudential Business Cycle Fund Direct Growth
2/40
13,479Cr
0.72%
8.86%
23.08%
7.29
0.86
1.31
2.54
1.57
Nippon India Quant Fund Direct Growth
3/40
101Cr
0.41%
2.6%
20.29%
6.44
0.99
1.08
1.91
2.20
See all

UTI 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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UTI Innovation Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Equity 95.2%

Debt & Cash 4.8%

Small cap
52.3%
Mid cap
26.2%
Large cap
16.7%
Mid Cap allocation has gone down from 26.8% to 26.2%
Mid Cap allocation has gone down from 26.8% to 26.2%
Large Cap allocation has gone down from 17.2% to 16.7%
Large Cap allocation has gone down from 17.2% to 16.7%
Small Cap allocation has gone up from 52.3% to 52.3%
Small Cap allocation has gone up from 52.3% to 52.3%
Cash allocation has gone up from 3.7% to 4.8%
Cash allocation has gone up from 3.7% to 4.8%

UTI Innovation Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Equity 95.2%

Debt & Cash 4.8%

Industrial
23.6%
Tech
22.1%
Communication
22.1%
Consumer Cyclical
17%
Financial Services
7.9%
Health
4%
Basic Materials
3.5%

Top 3 Sectors in July were Communication, Industrial & Tech

Jul'25

Communication

23%

Industrial

22%

Tech

22%

Jun'25

Communication

24%

Industrial

23%

Tech

21%

UTI Innovation Fund Holdings Details

as on (31-Jul-25)

Equity

Holdings
Weight%
1M Change
Eternal Ltd
9.55%
-13.9%
PB Fintech Ltd
7.48%
0%
Info Edge (India) Ltd
7.1%
0%
Affle 3i Ltd
6.35%
0%
FSN E-Commerce Ventures Ltd
6.25%
0%
See all
Top Stocks bought last month
Newgen Software Technologies Ltd's allocation increased from 1.21% to 1.89%
Newgen Software Technologies Ltd's allocation increased from 1.21% to 1.89%
Acutaas Chemicals Ltd's allocation increased from 1.38% to 2.03%
Acutaas Chemicals Ltd's allocation increased from 1.38% to 2.03%
One97 Communications Ltd's allocation increased from 2.96% to 3.48%
One97 Communications Ltd's allocation increased from 2.96% to 3.48%
Top Stocks sold last month
PB Fintech Ltd's allocation decreased from 7.55 % to 7.48 %
PB Fintech Ltd's allocation decreased from 7.55 % to 7.48 %
Info Edge (India) Ltd's allocation decreased from 8.32 % to 7.1 %
Info Edge (India) Ltd's allocation decreased from 8.32 % to 7.1 %
Affle 3i Ltd's allocation decreased from 6.49 % to 6.35 %
Affle 3i Ltd's allocation decreased from 6.49 % to 6.35 %

UTI Innovation Fund Direct Growth Overview

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

Expense ratio0.85%
Benchmark
Nifty 500 TRI
AUM₹838 Cr
Inception Date13 October, 2023
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
11.17%
Risk
Risk meter
pointer
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 Nitin Jain. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. UTI Innovation Fund Direct Growth has ₹838 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

UTI Innovation Fund Direct Growth has given a CAGR return of 10.51% since inception. Over the last 1 year the fund has given a CAGR return of -4.04%.

Holdings

UTI Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Communication, Industrial, Tech, Consumer Cyclical, Financial Services, Basic Materials. Its top holdings are Eternal Ltd, PB Fintech Ltd, Info Edge (India) Ltd, Affle 3i Ltd, FSN E-Commerce Ventures 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 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

Nitin Jain

Fund Manager of UTI Innovation Fund Direct Growth, since 1 October 2024

Learn more about UTI Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 837.7 Cr
₹ 835.9 Cr
₹ 812.4 Cr
  • AUM of the fund stands at 837.7 Cr as of Jul'25
  • AUM increased by 1.8 Cr between Jul'25 and Jun'25

Frequently Asked Questions for UTI Innovation Fund Direct Growth

How do I invest in UTI Innovation Fund?

INDmoney makes it simple to invest in the UTI Innovation Fund. To do so, follow the steps below:
  • 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.

What is the current NAV of UTI Innovation Fund?

The NAV of the fund today is ₹12.01. 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?

UTI Innovation Fund fund has generated a return of -4.04% in 1 year

Who is the fund manager of UTI Innovation Fund?

The fund managers are Nitin Jain.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-12 Months. 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 0.85%. 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 ₹838 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of UTI Innovation Fund?

The top 3 holdings of the fund are Eternal Ltd(9.55%), PB Fintech Ltd(7.48%), Info Edge (India) Ltd(7.1%)