Tata India Innovation Fund

Q: How much does this mutual fund charge as expense ratio?

The Tata India Innovation Fund has an expense ratio of 2.05% , 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.

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹9.9743+0.06% 1 day change	-1.56% p.a.	App exclusive #NA View Ranked Funds	₹1,732 Cr

Historical NAV & returns

NAV: ₹9.9743 as on Dec 04, 2025

This fund Category average

Tata India Innovation Fund overview

AUM (Fund size)	₹1,732 Cr
Exit load	0.5% Exit load of 0.50%, if redeemed within 30 days.!
Lock-in Period	Nil
Age	1 yrs 1 m since Nov 11, 2024
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.05% as on Nov 30, 2025
Plan type	Regular
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%

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 Dec 01, 2025

Period	This fund	Category average
1 Month	-0.49%	0.17%
3 Months	1.11%	0.27%
6 Months	6.05%	3.32%
1 Year	-1.34%	-1.1%

View returns in detail

Asset allocationas on Oct 31, 2025

Large Cap 38.94%

Mid Cap 17.65%

Small Cap 34.72%

Other Cap 0%

Top holdings

Axis Bank Ltd.3.89%

PB Fintech Ltd.3.66%

Tech Mahindra Ltd.3.47%

Bharti Airtel Ltd.3.44%

Top sectors

Services 24.849999999999998%

Financial 15.08%

Healthcare 14.479999999999999%

Technology 11.280000000000001%

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

Repo 5.43%

Cash/Net Current Assets 2.26%

Real Estate Investment Trusts 1.0%

Other Holdings

Others 5.43%

Knowledge Realty Trust 1.0%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Tata India Innovation Fund	-0.49%	6.05%	-1.34%	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	-1.07%	5.97%	4.19%	23.98%	25.99%	13.64%
ICICI Prudential Exports and Services Fund	0.8%	4.98%	7.22%	18.69%	21.64%	13.74%
Sundaram Services Fund	-0.43%	6.02%	8.71%	17.29%	21.7%	13.7%
ICICI Prudential Commodities Fund	-3.44%	7.31%	6.2%	15.34%	25.9%	15.75%
UTI Transportation and Logistics Fund	1.5%	17.8%	15.98%	24.81%	23.43%	13.06%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Tata India Innovation Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	15.9	1.05	1.05	1.49
ICICI Prudential Exports and Services Fund	11.11	0.81	1.08	2.19
Sundaram Services Fund	12.45	0.88	0.86	1.42
ICICI Prudential Commodities Fund	14.68	0.96	0.69	1.11
UTI Transportation and Logistics Fund	15.88	0.89	1.05	1.34

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Tata India Innovation Fund	N.A.	1,732 Cr	1 yrs 1 m	2.05%
ICICI Prudential Manufacturing Fund	N.A.	6,715 Cr	7 yrs 2 m	1.82%
ICICI Prudential Exports and Services Fund	N.A.	1,421 Cr	20 yrs 1 m	2.26%
Sundaram Services Fund	N.A.	4,674 Cr	7 yrs 3 m	1.86%
ICICI Prudential Commodities Fund	N.A.	3,189 Cr	6 yrs 2 m	1.98%
UTI Transportation and Logistics Fund	N.A.	4,008 Cr	20 yrs 4 m	1.9%

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 is a Thematic mutual fund scheme from Tata Mutual Fund. This fund has been in existence for 1 yrs 1 m, having been launched on 11/11/2024. Tata India Innovation Fund has ₹1,732 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Tata India Innovation Fund as of 04/12/2025 is ₹9.97. The fund has an expense ratio of 2.05%, which is higher than what most other Thematic funds charge.

The fund has the majority of its money invested in Services, Financial, Healthcare, Technology, 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 Axis Bank Ltd., PB Fintech Ltd., Tech Mahindra Ltd., Bharti Airtel Ltd., ICICI Bank Ltd..

...

Fund AUM	1,732 Cr as on Oct 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	61 view all schemes
Total AUM	2,17,939 Cr as on Sep 30, 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	1Y	5Y
Tata Small Cap Fund	N.A.	11,792 Cr	-13.39%	24.43%
Tata Infrastructure Fund	N.A.	2,136 Cr	-10.87%	24.08%
Tata Mid Cap Fund	N.A.	5,283 Cr	3.04%	21.62%
Tata Value Fund	N.A.	8,882 Cr	1.23%	19.45%
Tata Resources & Energy Fund	N.A.	1,232 Cr	1.58%	18.85%
Tata Digital India Fund	N.A.	11,794 Cr	-10.56%	18.25%

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 plan is approximately ₹9.9743 as of Dec 04, 2025.

How much does this mutual fund charge as expense ratio?

The Tata India Innovation Fund has an expense ratio of 2.05%, 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.

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 1,732 Cr as on Oct 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
Axis Bank Ltd.	3.89%
PB Fintech Ltd.	3.66%
Tech Mahindra Ltd.	3.47%
Bharti Airtel Ltd.	3.44%
ICICI Bank Ltd.	3.25%
Reliance Industries Ltd.	3.15%
Delhivery Ltd.	2.69%
Infosys Ltd.	2.57%
HDFC Bank Ltd.	2.43%
Adani Ports and Special Economic Zone Ltd.	2.38%

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	24.849999999999998%
Financial	15.08%
Healthcare	14.479999999999999%
Technology	11.280000000000001%
Automobile	7.930000000000001%
Communication	5.6%
Energy	3.15%
Chemicals	2.52%
Construction	2.36%
Consumer Staples	1.34%

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 can I redeem my investments in Tata India Innovation Fund?

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.