
Tata India Innovation Fund Direct Growth is a Equity mutual fund scheme launched on 28 Nov 2024. The current NAV stands at ₹10.6609 as of 09 Nov 2026. From the funds total AUM, its top holdings include ICICI Bank at 4.33%, Dr. Lal Path Labs at 3.80%, Reliance Industries at 3.50%, Axis Bank at 3.21%, Bharti Airtel at 3.10%
Scheme Overview
- Inception Date : 28 Nov 2024
- AUM : ₹1,225.49 Cr
- 1Y Returns (CAGR) : 5.32%
- Expense Ratio : 0.97%
- Min. SIP : ₹100
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 6.18 L
5.32%
Total Investment
₹ 6,00,000
Returns
₹ 17,574 (5.32%)
Maturity Value
₹ 6,17,574
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
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*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 1,225.49 Cr
Cash Holding
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Equity
-
Cash
-
Debt
-
Other
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Asset Allocation
AUM
₹1,225.49 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 21.50% | ||
| Consumer Cyclical | 20.56% | ||
| Healthcare | 18.39% | ||
| Technology | 11.74% | ||
| Industrials | 7.99% | ||
| Communication Services | 7.02% | ||
| Basic Materials | 4.39% | ||
| Energy | 3.50% | ||
| Utilities | 1.92% | ||
| Consumer Defensive | 1.52% | ||
| Other | 1.47% |
Stock Holdings
as of 31 May 2026
Fund Comparison
Fund Details
52W High NAV
₹ 10.6609
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 1,225.49
Expense Ratio
0.97%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 8.4973
Inception Date
28 Nov 2024
Fund Age
1 Yrs
Benchmark
Nifty 500 TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 0.50%, if redeemed within 30 days.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Meeta Shetty | Bachelor in Economics and CFA Charterholder |
| Kapil Malhotra | MBA (PGPEM) from Indian Institute of Management, Bangalore, B.Sc (Hons) in Business and Administration, Brunel University, London, U.K |
| Hasmukh Vishariya | Chartered Accountant |
Fund Objective
The investment objective of the scheme is 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.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Tata Mutual Fund
No. of Schemes
61
Total AUM
₹ 2,20,729.89 Cr
Contact Details
1903, B-Wing, Parinee Crescenzo,G-Block, Bandra Kurla Complex,Bandra East Mumbai - 400051
Contact Details
1903, B-Wing, Parinee Crescenzo,G-Block, Bandra Kurla Complex,Bandra East Mumbai - 400051
FAQs
When was Tata India Innovation Fund launched?
What is the current NAV of Tata India Innovation Fund?
What is the AUM of Tata India Innovation Fund?
What is the rate of return of Tata India Innovation Fund?
- In the past 1Y: 5.32%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Tata India Innovation Fund?
What is exit load of Tata India Innovation Fund?
What is the portfolio of Tata India Innovation Fund?
- ICICI Bank: 4.33%
- Dr. Lal Path Labs: 3.80%
- Reliance Industries: 3.50%
- Axis Bank: 3.21%
- Bharti Airtel: 3.10%
Top 3 sectoral holdings include:
- Financial Services: 21.50%
- Consumer Cyclical: 20.56%
- Healthcare: 18.39%
How risky is investing in Tata India Innovation Fund?
Who is the fund manager Tata India Innovation Fund?
What is the minimum investment required in Tata India Innovation Fund?
How to invest in Tata India Innovation Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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