UTI Innovation Fund
- NAV as on 25 Sep 2026
- ₹11.18-0.58%1 day
- Return since launch
- 3.8%
- 52-week range
- ₹8.88 — ₹12.01
- AUM
- ₹837 Cr
UTI Innovation Fund is a Thematic-Innovation equity fund from UTI Mutual Fund with ₹837 Cr under management, launched in 2023. The expense ratio is 2.36% and the SEBI riskometer reading is Very High.
Performance
UTI Innovation Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -2.5% against +8.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.1% | −3.9 pts | 9.9% | 14.5% |
| 2Y | 0.6% | −10.3 pts | 10.9% | 10.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -6.7% | −4.2 pts | -2.5% | -2.9% |
| 3M | 3.7% | −1.9 pts | 5.6% | 4.2% |
| 6M | 22.2% | −0.3 pts | 22.5% | 20.5% |
| 1Y | -2.5% | −12.5 pts | 9.9% | 8.6% |
| 2Y | -7.1% | −9.5 pts | 2.4% | 2.6% |
Since launch (25 Sep 2023): 3.8%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -7.8% | −10.2 pts | 2.4% |
| 2024 | 18.2% | −10.6 pts | 28.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.41%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.01%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.36%
- Exit load
- Exit load of 1%, if redeemed within 12 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
UTI Innovation Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.1%
- Debt0.0%
- Other2.9%
Market cap split
- Large13.5%
- Mid35.4%
- Small51.1%
- P/E
- 55.84
- P/B
- 5.47
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Eternal Ltd. | Services | 9.48% | ₹79.42 Cr | +8.38% | +9.35% | +9.56% |
| Info Edge (India) Ltd. | Services | 8.96% | ₹75.00 Cr | +7.99% | +8.40% | +8.34% |
| One97 Communications Ltd. | Services | 6.18% | ₹51.75 Cr | +5.49% | +5.71% | +3.85% |
| FSN E-Commerce Ventures Ltd. | Services | 5.65% | ₹47.31 Cr | +3.74% | +4.91% | +5.64% |
| Affle 3I Ltd. | Technology | 5.47% | ₹45.79 Cr | +5.53% | +5.53% | +6.17% |
| RateGain Travel Technologies Ltd. | Technology | 4.49% | ₹37.57 Cr | +4.76% | +3.24% | +2.84% |
| Acutaas Chemicals Ltd. | Healthcare | 4.35% | ₹36.42 Cr | +4.84% | +3.51% | +2.31% |
| PB Fintech Ltd. | Services | 4.21% | ₹35.29 Cr | +4.23% | +4.80% | +7.30% |
| Gravita India Ltd. | Metals & Mining | 3.48% | ₹29.18 Cr | +3.45% | +3.80% | +3.13% |
| Nazara Technologies Ltd. | Technology | 3.29% | ₹27.53 Cr | +2.71% | +3.38% | +3.83% |
| Others | Others | 2.92% | ₹24.46 Cr | +10.16% | +3.74% | +8.96% |
| Suzlon Energy Ltd. | Capital Goods | 2.89% | ₹24.21 Cr | +3.36% | +2.59% | +2.81% |
| Newgen Software Technologies Ltd. | Technology | 2.82% | ₹23.60 Cr | +2.42% | +2.42% | +2.26% |
| Clean Science And Technology Ltd. | Chemicals | 2.78% | ₹23.26 Cr | +2.98% | +2.71% | +3.55% |
| Praj Industries Ltd. | Capital Goods | 2.64% | ₹22.10 Cr | +2.99% | +2.66% | +2.69% |
| Yatra Online Ltd. | Services | 2.39% | ₹20.02 Cr | +2.49% | +3.03% | +3.17% |
| company:20795 | Technology | 2.33% | ₹19.49 Cr | — | — | — |
| KPIT Technologies Ltd. | Technology | 2.25% | ₹18.81 Cr | +3.28% | +3.27% | +4.14% |
| Delhivery Ltd. | Services | 2.16% | ₹18.11 Cr | +4.14% | +4.37% | +3.88% |
| Meesho Ltd. | Services | 1.95% | ₹16.37 Cr | +0.45% | +0.43% | — |
| company:6237 | Healthcare | 1.88% | ₹15.78 Cr | — | — | — |
| CE Info Systems Ltd. | Technology | 1.82% | ₹15.25 Cr | +1.63% | +2.26% | +3.12% |
| Billionbrains Garage Ventures Ltd. | Financial | 1.74% | ₹14.58 Cr | — | — | — |
| Swiggy Ltd. | Services | 1.66% | ₹13.92 Cr | +1.68% | +2.16% | — |
| Oracle Financial Services Software Ltd. | Technology | 1.65% | ₹13.82 Cr | — | — | — |
| Awfis Space Solutions Ltd. | Services | 1.63% | ₹13.69 Cr | +2.29% | +2.07% | +3.23% |
| Latent View Analytics Ltd. | Technology | 1.59% | ₹13.35 Cr | +2.11% | +2.42% | +2.45% |
| Urban Company Ltd. | Consumer Staples | 1.43% | ₹11.96 Cr | +0.90% | +0.50% | — |
| MTAR Technologies Ltd. | Capital Goods | 1.37% | ₹11.45 Cr | +6.06% | +6.10% | +1.74% |
| L&T Technology Services Ltd. | Technology | 1.24% | ₹10.36 Cr | +1.30% | +1.46% | +1.59% |
| TBO Tek Ltd. | Services | 1.22% | ₹10.20 Cr | — | — | — |
| Happiest Minds Technologies Ltd. | Technology | 1.11% | ₹9.30 Cr | +1.12% | +1.19% | +1.54% |
| Fractal Analytics Ltd. | Technology | 0.96% | ₹8.03 Cr | +1.25% | +1.06% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Indiamart Intermesh Ltd. | 2.86% | 0.00% | -2.86% |
| company:20795 | 0.00% | 2.33% | +2.33% |
| Delhivery Ltd. | 4.23% | 2.16% | -2.07% |
| company:6237 | 0.00% | 1.88% | +1.88% |
| Urban Company Ltd. | 0.93% | 1.43% | +0.50% |
| One97 Communications Ltd. | 5.72% | 6.18% | +0.46% |
| CE Info Systems Ltd. | 2.25% | 1.82% | -0.43% |
| PB Fintech Ltd. | 3.82% | 4.21% | +0.40% |
| Latent View Analytics Ltd. | 1.98% | 1.59% | -0.39% |
| Others | 2.56% | 2.90% | +0.34% |
| Affle 3I Ltd. | 5.75% | 5.47% | -0.29% |
| Meesho Ltd. | 1.70% | 1.95% | +0.26% |
| Awfis Space Solutions Ltd. | 1.86% | 1.63% | -0.23% |
| KPIT Technologies Ltd. | 2.44% | 2.25% | -0.19% |
| MTAR Technologies Ltd. | 1.18% | 1.37% | +0.19% |
| Acutaas Chemicals Ltd. | 4.53% | 4.35% | -0.18% |
| Suzlon Energy Ltd. | 2.71% | 2.89% | +0.18% |
| Billionbrains Garage Ventures Ltd. | 1.57% | 1.74% | +0.18% |
| RateGain Travel Technologies Ltd. | 4.66% | 4.49% | -0.17% |
| Gravita India Ltd. | 3.32% | 3.48% | +0.17% |
| Clean Science And Technology Ltd. | 2.63% | 2.78% | +0.15% |
| Yatra Online Ltd. | 2.54% | 2.39% | -0.15% |
| Info Edge (India) Ltd. | 9.08% | 8.96% | -0.13% |
| TBO Tek Ltd. | 1.10% | 1.22% | +0.12% |
| Swiggy Ltd. | 1.78% | 1.66% | -0.12% |
| Nazara Technologies Ltd. | 3.17% | 3.29% | +0.12% |
| Praj Industries Ltd. | 2.54% | 2.64% | +0.10% |
| Newgen Software Technologies Ltd. | 2.92% | 2.82% | -0.10% |
| Oracle Financial Services Software Ltd. | 1.56% | 1.65% | +0.09% |
| Eternal Ltd. | 9.55% | 9.48% | -0.07% |
| FSN E-Commerce Ventures Ltd. | 5.71% | 5.65% | -0.06% |
| L&T Technology Services Ltd. | 1.29% | 1.24% | -0.06% |
| Happiest Minds Technologies Ltd. | 1.09% | 1.11% | +0.02% |
| Fractal Analytics Ltd. | 0.97% | 0.96% | -0.01% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,622 Cr | 2.16% | 17.0% | 12.4% | 16.5% |
 ICICI Prudential Innovation Fund | ₹8,012 Cr | 2.18% | 5.0% | 9.2% | — |
 Kotak Pioneer Fund | ₹4,281 Cr | 1.91% | 20.2% | 15.0% | 17.6% |
 Nippon India Innovation Fund | ₹3,108 Cr | 2.07% | 7.5% | 7.3% | — |
 Axis Innovation Fund | ₹1,363 Cr | 2.28% | 27.9% | 15.6% | 15.4% |
 Union Innovation & Opportunities Fund | ₹1,344 Cr | 2.36% | 24.3% | 14.8% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Nitin JainMr. 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.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months22.16% absolute | ₹60,000 | ₹73,296 | 22.16% | |
| 1 year−2.53% annualised | ₹1,20,000 | ₹1,18,368 | −1.36% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.