UTI Innovation Fund

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

The UTI Innovation Fund is a 2 yrs 4 m old fund and has delivered average annual returns of 2.17% since inception. UTI Innovation Fund Returns 1-Year Since Inception -6.71% 2.17%

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

The UTI Innovation Fund has an expense ratio of 2.34% , 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)
₹10.5222-0.17% 1 day change	2.17% p.a.	App exclusive #NA View Ranked Funds	₹829 Cr

Historical NAV & returns

NAV: ₹10.5222 as on Feb 02, 2026

This fund Category average

UTI Innovation Fund overview

AUM (Fund size)	₹829 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 12 months.!
Lock-in Period	Nil
Age	2 yrs 4 m since Sep 25, 2023
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.34% 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%

UTI 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	-8.76%	-5.86%
3 Months	-12.34%	-6.38%
6 Months	-8.9%	-2.94%
1 Year	-6.71%	3.25%
2 Years	-0.34%	5.56%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 8.31%

Mid Cap 30.99%

Small Cap 56.87%

Other Cap 0%

Top holdings

Info Edge (India) Ltd.8.61%

Eternal Ltd.8.31%

PB Fintech Ltd.6.09%

Affle (India) Ltd.6.0%

Top sectors

Services 48.71%

Technology 28.61%

Capital Goods 8.110000000000001%

Metals & Mining 3.63%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.03%

Allocation by Instruments

Net Current Assets 3.80594449%

CBLO 0.02532127%

Other Holdings

Others 3.81%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
UTI Innovation Fund	-8.76%	-8.9%	-6.71%	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
UTI 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
UTI Innovation Fund	N.A.	829 Cr	2 yrs 4 m	2.34%
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 UTI Innovation Fund in detail with

About this fund

About UTI Innovation Fund

UTI Innovation Fund is a Thematic mutual fund scheme from Uti Mutual Fund. This fund has been in existence for 2 yrs 4 m, having been launched on 25/09/2023. UTI Innovation Fund has ₹829 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 UTI Innovation Fund as of 02/02/2026 is ₹10.52. The fund has an expense ratio of 2.34%, which is higher than what most other Thematic funds charge.

UTI Innovation Fund returns of last 1-year are -6.54%. Since launch, it has delivered 2.23% average annual returns.
The fund has the majority of its money invested in Services, Technology, Capital Goods, Metals & Mining, Chemicals sectors. It has taken less exposure in Services, Technology sectors compared to other funds in the category.
The fund's top 5 holdings are in Info Edge (India) Ltd., Eternal Ltd., PB Fintech Ltd., Affle (India) Ltd., One97 Communications Ltd..

...

Fund AUM	829 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Ankit Agarwal

Mr. Agarwal has done B. Tech. Computer Science and Engg., Economics Management, PGDM Finance. Prior to joining UTI Mutual Fund he has worked with Centrum Capital Ltd as Senior Vice President - Fund Manager, Wealth and Investment Management at Barclays as Asst Vice President, Lehman Brothers, London as Senior analyst, BNP Paribas and D. E. Shaw & Co..

Nitin Jain

Mr. Jain holds a Bachelor of Engineering Degree and is also MMS. Has been associated with SBIMF since 2004. Earlier,he was with IDBI Capital Market Services Ltd.

Investment objective

The scheme seeks to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments.

UTI Mutual Fund details

No. of schemes	63 view all schemes
Total AUM	3,95,059 Cr as on Dec 31, 2025
Address	UTI Tower, Plot C-1, GN Block, Banrda Kurla Complex, Bandra (East) Mumbai, 400051
Phone	0263 2296993

More funds from UTI Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
UTI Large & Mid Cap Fund	N.A.	5,635 Cr	9.59%	19.04%
UTI Transportation and Logistics Fund	N.A.	4,084 Cr	14.01%	18.55%
UTI Small Cap Fund	N.A.	4,737 Cr	-1.99%	18.24%
UTI Infrastructure Fund	N.A.	2,171 Cr	7.58%	17.35%
UTI Dividend Yield Fund	N.A.	3,946 Cr	6.96%	17.17%
UTI Nifty 500 Value 50 Index Fund	N.A.	560 Cr	24.5%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of UTI Innovation Fund?

The current Net Asset Value (NAV) of the UTI Innovation Fund plan is approximately ₹10.5222 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The UTI Innovation Fund is a 2 yrs 4 m old fund and has delivered average annual returns of 2.17% since inception.

UTI Innovation Fund Returns

1-Year	Since Inception
-6.71%	2.17%

How much does this mutual fund charge as expense ratio?

The UTI Innovation Fund has an expense ratio of 2.34%, 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 UTI Innovation Fund currently has assets under management (AUM) or fund size valued at approximately 829 Cr as on Dec 31, 2025.

What are the top stock holdings of UTI Innovation Fund?

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

Company	Percentage of Portfolio
Info Edge (India) Ltd.	8.61%
Eternal Ltd.	8.31%
PB Fintech Ltd.	6.09%
Affle (India) Ltd.	6.0%
One97 Communications Ltd.	4.61%
FSN E-Commerce Ventures Ltd.	4.56%
KPIT Technologies Ltd.	4.12%
Indiamart Intermesh Ltd.	3.71%
Yatra Online Ltd.	3.68%
Gravita India Ltd.	3.63%

What are the top sectors UTI Innovation Fund has invested in?

The UTI Innovation Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Services	48.71%
Technology	28.61%
Capital Goods	8.110000000000001%
Metals & Mining	3.63%
Chemicals	2.68%
Healthcare	2.49%
Materials	1.41%
Consumer Staples	0.52%

What is risk level of UTI 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 UTI Innovation Fund?

Redeeming your investments in the UTI 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.