Tata India Innovation Fund Direct-Growth

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹9.6464+0.7% 1 day change	-4.86%	#NA View Ranked Funds	₹1,656 Crs

Historical NAV & returns

NAV: ₹9.6464 as on Jun 05, 2025

This fund Category average

Tata India Innovation Fund overview

Expense ratio	0.53% as on May 31, 2025
Exit load	1.0% Exit load of 1% if redeemed within 90 days.!
AUM (Fund size)	₹1,656 Crs
Lock-in	No Lockin
Age	6 m since Nov 11, 2024
Benchmark	NIFTY 500 TRI
Min. investment	This scheme is currently not buyable
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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Tata India Innovation Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 01, 2025

Period	This fund	Category average
1 Month	6.9%	7.24%
3 Months	10.05%	12.96%
6 Months	-5.12%	-3.03%

Asset allocationas on Apr 30, 2025

Large Cap 44.475649999999995%

Mid Cap 12.914425000000001%

Small Cap 37.359925%

Other Cap 0.0%

Top holdings

Eternal Ltd.3.92%

Axis Bank Ltd.3.91%

Tech Mahindra Ltd.3.83%

Amber Enterprises India Ltd.3.74%

Top sectors

Services 20.41%

Financial 16.369999999999997%

Technology 16.19%

Healthcare 14.07%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Cash/Net Current Assets 2.95999999%

Repo 2.29%

Other Holdings

Others 2.96%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Tata India Innovation Fund	N.A.	₹1,656 Crs	6 m	0.53%
ICICI Prudential Manufacturing Fund	N.A.	₹6,231 Crs	6 yrs 8 m	0.73%
Sundaram Services Fund	N.A.	₹3,998 Crs	6 yrs 9 m	0.75%
ICICI Prudential Commodities Fund	N.A.	₹2,620 Crs	5 yrs 8 m	0.99%
ICICI Prudential Exports and Services Fund	N.A.	₹1,362 Crs	12 yrs 5 m	1.69%
UTI Transportation and Logistics Fund	N.A.	₹3,292 Crs	12 yrs 5 m	0.84%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Tata India Innovation Fund	6.9%	-5.12%	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	8.53%	-0.7%	4.09%	28.93%	31.52%	13.9%
Sundaram Services Fund	4.39%	2.13%	20.32%	22.25%	27.91%	13.99%
ICICI Prudential Commodities Fund	6.24%	-0.88%	1.86%	21.82%	37.15%	15.91%
ICICI Prudential Exports and Services Fund	4.18%	2.52%	15.42%	23.15%	27.01%	15.15%
UTI Transportation and Logistics Fund	4.55%	-0.96%	-1.32%	25.2%	29.06%	13.26%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Tata India Innovation Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	16.93	1.08	1.17	1.71
Sundaram Services Fund	13.51	0.87	1.05	1.79
ICICI Prudential Commodities Fund	16.79	1.03	0.83	1.27
ICICI Prudential Exports and Services Fund	11.63	0.76	1.28	2.59
UTI Transportation and Logistics Fund	16.46	0.98	1.02	1.45

View all Thematic funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Tata India Innovation Fund in detail with

About this fund

About Tata India Innovation Fund

Tata India Innovation Fund Direct-Growth is a Thematic mutual fund scheme from Tata Mutual Fund. This fund has been in existence for 6 m, having been launched on 11/11/2024. Tata India Innovation Fund Direct-Growth has ₹1,656 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Tata India Innovation Fund Direct-Growth as of 05/06/2025 is ₹9.65. The fund has an expense ratio of 0.53%, which is less than what most other Thematic funds charge.

The fund has the majority of its money invested in Services, Financial, Technology, Healthcare, Automobile sectors. It has taken less exposure in Services, Financial sectors compared to other funds in the category.
The fund's top 5 holdings are in Eternal Ltd., Axis Bank Ltd., Tech Mahindra Ltd., Amber Enterprises India Ltd., ICICI Bank Ltd..

...

Fund AUM	₹1,656 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Meeta Shetty

Ms. Shetty is Bachelor in Economics and CFA Charterholder Prior to joining TATA Mutual Fund, she has worked with Kotak Securities, HDFC Securities, AMSEC(Asian Market Securities), Dalal & Broacha Stock Broking and karvey Stock Broking.

Investment objective

The scheme seeks 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.

Tata Mutual Fund details

No. of schemes	57 view all schemes
Total AUM	₹1,88,061 Crs as on Mar 31, 2025
Address	9th Floor, Mafatlal Centre, Nariman Point, Mumbai, 400021
Email	service@tataamc.com
Phone	1800-209-0101

More funds from Tata Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Tata Small Cap Fund	N.A.	₹9,418 Crs	11.25%	35.81%
Tata Infrastructure Fund	N.A.	₹2,056 Crs	-5.23%	32.01%
Tata Digital India Fund	N.A.	₹10,996 Crs	13.7%	29.28%
Tata Midcap Growth Fund	N.A.	₹4,505 Crs	3.82%	28.72%
Tata Resources & Energy Fund	N.A.	₹1,080 Crs	6.79%	26.85%
Tata Focused Equity Fund	N.A.	₹1,709 Crs	7.09%	24.15%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Tata India Innovation Fund?

The current Net Asset Value (NAV) of the Tata India Innovation Fund - Direct Growth plan is approximately ₹9.6464 as of Jun 05, 2025.

How much does this mutual fund charge as expense ratio?

The Tata India Innovation Fund - Direct Growth has an expense ratio of 0.53%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The Tata India Innovation Fund currently has assets under management (AUM) or fund size valued at approximately ₹1,656 Crs crore as of Mar 31, 2025.

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

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

Company	Percentage of Portfolio
Eternal Ltd.	3.92%
Axis Bank Ltd.	3.91%
Tech Mahindra Ltd.	3.83%
Amber Enterprises India Ltd.	3.74%
ICICI Bank Ltd.	3.6%
Bharti Airtel Ltd.	3.54%
PB Fintech Ltd.	3.48%
Tata Consultancy Services Ltd.	3.23%
Reliance Industries Ltd.	3.11%
HDFC Bank Ltd.	3.06%

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

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

Sector	Percentage of Portfolio
Services	20.41%
Financial	16.369999999999997%
Technology	16.19%
Healthcare	14.07%
Automobile	6.19%
Communication	5.46%
Consumer Discretionary	3.74%
Energy	3.11%
Construction	2.05%
Materials	1.86%

What is risk level of Tata India Innovation Fund?

This is a Thematic fund comes with Very High risk.

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

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

How do I invest in Tata India Innovation Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Tata India Innovation Fund is complete.

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

Redeeming your investments in Tata India Innovation Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

in Thematic

#NA

Return Outperformance: This fund has generated highest return amongst Thematic funds in the last 1 Month.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 90 days.