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: 1/5 — ranked #162 of 179 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹11.96 (as of 2026-08-21) |
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| AUM | ₹790 Cr |
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| Expense ratio | 2.01% |
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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 78.9% of Nifty India Digital's upside and 100.3% of its downside.
Market cap allocation
| Large cap | 11.4% |
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| Mid cap | 34.3% |
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| Small cap | 54.3% |
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Concentration
| Top 5 holdings | 35.8% |
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| Top 10 holdings | 56.4% |
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| Total holdings | 31 |
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Top holdings
- Eternal Limited — 9.6%
- Info Edge(India) Ltd. — 9.1%
- AFFLE 3I LIMITED — 5.8%
- One 97 Communications Limited — 5.7%
- FSN E-Commerce Ventures Limited — 5.7%
- RateGain Travel Technologies Limited — 4.7%
- ACUTAAS CHEMICALS LIMITED — 4.5%
- Delhivery Limited — 4.2%
- PB Fintech Limited — 3.8%
- GRAVITA INDIA LIMITED — 3.3%
Top sectors
- Retail — 31.6%
- Software & Services — 24.9%
- Technology — 9.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 4.2% | Q2 | #78 of 167 |
| 2025 | -7.8% | Q4 (Bottom) | #126 of 132 |
| 2024 | 18.4% | Q3 | #56 of 86 |