UTI Innovation Fund
The scheme seeks to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments.
Growthvine rating: 2/5 — ranked #107 of 186 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹10.32 (as of 2026-10-23) |
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| AUM | ₹768 Cr |
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| Expense ratio | 2.02% |
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| Riskometer | Very High |
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| Fund manager | Nitin Jain |
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| Exit load | 1% for redemption within 12 months |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −32.94% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 81.6% of Nifty India Digital's upside and 98.8% of its downside.
Market cap allocation
| Large cap | 14.3% |
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| Mid cap | 34.0% |
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| Small cap | 51.8% |
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Concentration
| Top 5 holdings | 35.3% |
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| Top 10 holdings | 53.8% |
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| Total holdings | 32 |
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Top holdings
- Eternal Limited — 9.4%
- Info Edge(India) Ltd. — 9.1%
- FSN E-Commerce Ventures Limited — 6.2%
- AFFLE 3I LIMITED — 5.7%
- ACUTAAS CHEMICALS LIMITED — 4.9%
- One 97 Communications Limited — 4.8%
- RateGain Travel Technologies Limited — 4.4%
- NET CURRENT ASSETS — 3.8%
- Nazara Technologies Limited — 3.2%
- GRAVITA INDIA LIMITED — 3.1%
Top sectors
- Retail — 30.0%
- Software & Services — 22.8%
- Technology — 7.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −10.1% | Q3 | #121 of 167 |
| 2025 | −7.8% | Q4 (Bottom) | #126 of 132 |
| 2024 | 18.4% | Q3 | #56 of 86 |