Tata India Innovation Fund

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

The Tata India Innovation Fund is a 1 yrs 2 m old fund and has delivered average annual returns of -6.47% since inception. Tata India Innovation Fund Returns 1-Year Since Inception -0.31% -6.47%

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

The Tata India Innovation Fund has an expense ratio of 2.09% , 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 Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹9.3759-0.76% 1 day change	-6.47% p.a.	App exclusive #NA View Ranked Funds	₹1,615 Cr

Historical NAV & returns

NAV: ₹9.3759 as on Feb 02, 2026

This fund Category average

Tata India Innovation Fund overview

AUM (Fund size)	₹1,615 Cr
Exit load	0.5% Exit load of 0.50%, if redeemed within 30 days.!
Lock-in Period	Nil
Age	1 yrs 2 m since Nov 11, 2024
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.09% as on Feb 02, 2026
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 Feb 03, 2026

Period	This fund	Category average
1 Month	-5.79%	-5.86%
3 Months	-6.7%	-6.38%
6 Months	-3.58%	-2.94%
1 Year	-0.31%	3.25%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 45.91%

Mid Cap 15.35%

Small Cap 36.67%

Other Cap 0%

Top holdings

Axis Bank Ltd.4.29%

Tech Mahindra Ltd.4.16%

PB Fintech Ltd.4.01%

ICICI Bank Ltd.3.97%

Top sectors

Services 24.619999999999997%

Healthcare 16.35%

Financial 14.980000000000002%

Technology 12.08%

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 1.4%

Cash/Net Current Assets 0.67%

Other Holdings

Others 1.4%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Tata India Innovation Fund	-5.79%	-3.58%	-0.31%	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	-4.37%	0.03%	11.15%	23.82%	21.94%	13.24%
ICICI Prudential Exports and Services Fund	-4.78%	0.68%	8.48%	18.54%	17.34%	13.8%
Sundaram Services Fund	-6.02%	-0.13%	7.97%	17.84%	17.61%	13.15%
UTI Transportation and Logistics Fund	-6.74%	6.07%	14.01%	23.2%	18.55%	13.75%
ICICI Prudential Commodities Fund	-1.61%	6.7%	22.01%	18.78%	24.75%	16.29%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Tata India Innovation Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	15.86	1.05	1.06	1.52
ICICI Prudential Exports and Services Fund	11.19	0.83	1.07	2.09
Sundaram Services Fund	12.26	0.88	0.94	1.53
UTI Transportation and Logistics Fund	15.97	0.9	1.0	1.3
ICICI Prudential Commodities Fund	14.61	0.95	0.86	1.33

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Tata India Innovation Fund	N.A.	1,615 Cr	1 yrs 2 m	2.09%
ICICI Prudential Manufacturing Fund	N.A.	6,549 Cr	7 yrs 4 m	1.84%
ICICI Prudential Exports and Services Fund	N.A.	1,434 Cr	20 yrs 3 m	2.27%
Sundaram Services Fund	N.A.	4,809 Cr	7 yrs 5 m	1.87%
UTI Transportation and Logistics Fund	N.A.	4,084 Cr	20 yrs 6 m	1.92%
ICICI Prudential Commodities Fund	N.A.	3,409 Cr	6 yrs 4 m	1.96%

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 2 m, having been launched on 11/11/2024. Tata India Innovation Fund has ₹1,615 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Tata India Innovation Fund as of 02/02/2026 is ₹9.38. The fund has an expense ratio of 2.09%, which is higher than what most other Thematic funds charge.

Tata India Innovation Fund returns of last 1-year are 0.19%. Since launch, it has delivered -5.31% average annual returns.
The fund has the majority of its money invested in Services, Healthcare, Financial, Technology, Automobile sectors. It has taken less exposure in Services, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Axis Bank Ltd., Tech Mahindra Ltd., PB Fintech Ltd., ICICI Bank Ltd., Bharti Airtel Ltd..

...

Fund AUM	1,615 Cr as on Dec 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	2,25,719 Cr as on Dec 31, 2025
Address	9th Floor, Mafatlal Centre, Nariman Point, Mumbai, 400021
Email	service@tataamc.com
Phone	1800-209-0101

More funds from Tata Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Tata Small Cap Fund	N.A.	11,324 Cr	-7.57%	20.43%
Tata Infrastructure Fund	N.A.	2,016 Cr	0.93%	18.85%
Tata Mid Cap Fund	N.A.	5,497 Cr	8.39%	18.34%
Tata Resources & Energy Fund	N.A.	1,222 Cr	12.91%	17.06%
Tata Value Fund	N.A.	9,061 Cr	7.65%	16.3%
Tata India Consumer Fund	N.A.	2,671 Cr	-2.61%	14.73%

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 ₹9.3759 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Tata India Innovation Fund is a 1 yrs 2 m old fund and has delivered average annual returns of -6.47% since inception.

Tata India Innovation Fund Returns

1-Year	Since Inception
-0.31%	-6.47%

How much does this mutual fund charge as expense ratio?

The Tata India Innovation Fund has an expense ratio of 2.09%, 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 1,615 Cr as on Dec 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.	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%

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	24.619999999999997%
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%

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.

ET Money rank

App exclusive

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 0.50%, if redeemed within 30 days.