Q: What are the returns of this mutual fund scheme?

The Tata India Innovation Fund Direct-Growth is a 1 yrs 2 m old fund and has delivered average annual returns of -5.04% since inception. Tata India Innovation Fund Direct-Growth Returns 1-Year Since Inception 1.21% -5.04%

Question 1

What is the current NAV of Tata India Innovation Fund Direct-Growth?

Accepted Answer

The current Net Asset Value (NAV) of the Tata India Innovation Fund - Direct Growth plan is approximately ₹9.547 as of Feb 02, 2026.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Tata India Innovation Fund Direct-Growth is a 1 yrs 2 m old fund and has delivered average annual returns of -5.04% since inception.

Tata India Innovation Fund Direct-Growth Returns

1-Year	Since Inception
1.21%	-5.04%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Tata India Innovation Fund - Direct Growth has an expense ratio of 0.65%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The Tata India Innovation Fund currently has assets under management (AUM) or fund size valued at approximately 1,615 Cr as on Dec 31, 2025.

Question 5

What are the top stock holdings of Tata India Innovation Fund?

Accepted Answer

The Tata India Innovation Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Axis Bank Ltd.	4.29%
Tech Mahindra Ltd.	4.16%
PB Fintech Ltd.	4.01%
ICICI Bank Ltd.	3.97%
Bharti Airtel Ltd.	3.78%
Reliance Industries Ltd.	3.57%
Adani Ports and Special Economic Zone Ltd.	3.04%
Infosys Ltd.	2.76%
HDFC Bank Ltd.	2.61%
Eternal Ltd.	2.58%

Question 6

What are the top sectors Tata India Innovation Fund has invested in?

Accepted Answer

The Tata India Innovation Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
Axis Bank Ltd.	4.29%
Tech Mahindra Ltd.	4.16%
PB Fintech Ltd.	4.01%
ICICI Bank Ltd.	3.97%
Bharti Airtel Ltd.	3.78%
Reliance Industries Ltd.	3.57%
Adani Ports and Special Economic Zone Ltd.	3.04%
Infosys Ltd.	2.76%
HDFC Bank Ltd.	2.61%
Eternal Ltd.	2.58%

Question 7

What is risk level of Tata India Innovation Fund?

Accepted Answer

This is a Thematic fund comes with Very High risk.

Question 8

Is there any lock-in period in this mutual fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

How do I invest in Tata India Innovation Fund Direct-Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Tata India Innovation Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Tata India Innovation Fund is complete.

Question 10

How can I redeem my investments in Tata India Innovation Fund?

Accepted Answer

Redeeming your investments in the Tata India Innovation Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.65% as on Feb 02, 2026
Exit load	0.5% Exit load of 0.50%, if redeemed within 30 days.!
AUM (Fund size)	₹1,615 Cr
Lock-in Period	Nil
Age	1 yrs 2 m since Nov 11, 2024
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Period	This fund	Category average
1 Month	-5.69%	-5.86%
3 Months	-6.35%	-6.31%
6 Months	-2.86%	-2.47%
1 Year	1.21%	4.55%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Tata India Innovation Fund	-5.69%	-2.86%	1.21%	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	-4.29%	0.56%	12.31%	25.11%	23.08%	14.14%
ICICI Prudential Exports and Services Fund	-4.74%	0.97%	9.13%	19.25%	17.99%	14.59%
Sundaram Services Fund	-5.94%	0.44%	9.19%	19.21%	19.1%	14.12%
UTI Transportation and Logistics Fund	-6.66%	6.64%	15.26%	24.57%	19.93%	15.06%
ICICI Prudential Commodities Fund	-1.54%	7.25%	23.21%	20.06%	26.31%	17.25%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Tata India Innovation Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	15.88	1.05	1.12	1.61
ICICI Prudential Exports and Services Fund	11.2	0.83	1.13	2.19
Sundaram Services Fund	12.28	0.88	1.03	1.69
UTI Transportation and Logistics Fund	15.99	0.9	1.07	1.39
ICICI Prudential Commodities Fund	14.62	0.95	0.94	1.44

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Tata India Innovation Fund	N.A.	1,615 Cr	1 yrs 2 m	0.65%
ICICI Prudential Manufacturing Fund	N.A.	6,549 Cr	7 yrs 4 m	0.79%
ICICI Prudential Exports and Services Fund	N.A.	1,434 Cr	13 yrs 1 m	1.67%
Sundaram Services Fund	N.A.	4,809 Cr	7 yrs 5 m	0.68%
UTI Transportation and Logistics Fund	N.A.	4,084 Cr	13 yrs 1 m	0.83%
ICICI Prudential Commodities Fund	N.A.	3,409 Cr	6 yrs 4 m	1.0%

Tata India Innovation Fund Direct-Growth

Historical NAV & returns

Tata India Innovation Fund overview

Tata India Innovation Fund Returns calculator

Trailing returns as on Feb 03, 2026

Asset allocationas on Dec 31, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

About this fund

About Tata India Innovation Fund

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Investment objective

Tata Mutual Fund details

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Frequently asked questions

Tata India Innovation Fund Direct-Growth Returns

ET Money rank

Fund AUM	1,615 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

No. of schemes	61 view all schemes
Total AUM	2,25,719 Cr as on Dec 31, 2025
Address	9th Floor, Mafatlal Centre, Nariman Point, Mumbai, 400021
Email	service@tataamc.com
Phone	1800-209-0101

Fund name	ETM Rank	AUM	1Y	5Y
Tata Small Cap Fund	N.A.	11,324 Cr	-6.33%	22.37%
Tata Infrastructure Fund	N.A.	2,016 Cr	1.93%	19.92%
Tata Mid Cap Fund	N.A.	5,497 Cr	9.74%	19.78%
Tata Resources & Energy Fund	N.A.	1,222 Cr	14.73%	18.96%
Tata Value Fund	N.A.	9,061 Cr	8.71%	17.47%
Tata India Consumer Fund	N.A.	2,671 Cr	-1.39%	16.22%

Sector	Percentage of Portfolio
Services	24.619999999999997%
Healthcare	16.35%
Financial	14.980000000000002%
Technology	12.08%
Automobile	11.14%
Communication	6.029999999999999%
Energy	4.39%
Construction	2.57%
Chemicals	1.78%
Consumer Staples	1.48%