Tata India Innovation Fund
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.
Growthvine rating: 3/5 — ranked #89 of 186 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹9.49 (as of 2026-10-22) |
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| AUM | ₹1,245 Cr |
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| Expense ratio | 1.85% |
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| Riskometer | Very High |
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| Fund manager | Hasmukh Vishariya |
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| Exit load | 0.5% for redemption within 30 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −18.73% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 77.2% of Nifty India Digital's upside and 61.7% of its downside.
Market cap allocation
| Large cap | 46.5% |
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| Mid cap | 14.6% |
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| Small cap | 38.9% |
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Concentration
| Top 5 holdings | 19.9% |
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| Top 10 holdings | 33.9% |
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| Total holdings | 60 |
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Top holdings
- TREPS — 5.5%
- ICICI Bank Ltd. — 5.1%
- HDFC Bank Ltd. — 4.1%
- Adani Ports and Special Economic Zone Ltd — 3.7%
- Reliance Industries Ltd — 3.5%
- AXIS Bank Ltd. — 3.4%
- Bharti Airtel Ltd. — 3.2%
- Eternal Limited — 3.0%
- Dr. Lal Pathlabs Limited — 2.7%
- Tech Mahindra Limited — 2.7%
Top sectors
- Banking & Financial — 19.0%
- Automobile — 13.0%
- Healthcare — 10.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −4.1% | Q2 | #69 of 167 |
| 2025 | −1.9% | Q4 (Bottom) | #105 of 132 |