Tata India Innovation Fund Direct Growth

Fund Overview

Fund Size

₹1,738 Cr

Expense Ratio

0.52%

ISIN

INF277KA1CU2

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

28 Nov 2024

About this fund

Tata India Innovation Fund Direct Growth is a Equity - Other mutual fund schemes offered by Tata Mutual Fund. This fund has been in existence for 9 months and 6 days, having been launched on 28-Nov-24.
As of 02-Sep-25, it has a Net Asset Value (NAV) of ₹9.95, Assets Under Management (AUM) of 1738.02 Crores, and an expense ratio of 0.52%.

Tata India Innovation Fund Direct Growth has given a CAGR return of -0.53% since inception.
The fund's asset allocation comprises around 95.66% in equities, 0.00% in debts, and 4.34% in cash & cash equivalents.
You can start investing in Tata India Innovation Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

-0.53%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2025

Equity	₹1,662.62 Cr	95.66%
Others	₹75.4 Cr	4.34%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Eternal Ltd	Equity	₹70.47 Cr	4.05%
PB Fintech Ltd	Equity	₹64.26 Cr	3.70%
ICICI Bank Ltd	Equity	₹61.92 Cr	3.56%
Tech Mahindra Ltd	Equity	₹61.77 Cr	3.55%
Axis Bank Ltd	Equity	₹58.33 Cr	3.36%
Bharti Airtel Ltd	Equity	₹55.43 Cr	3.19%
Reliance Industries Ltd	Equity	₹51.02 Cr	2.94%
Tata Consultancy Services Ltd	Equity	₹47.07 Cr	2.71%
Infosys Ltd	Equity	₹45.27 Cr	2.60%
Firstsource Solutions Ltd	Equity	₹45.05 Cr	2.59%
A) Repo	Cash - Repurchase Agreement	₹44.57 Cr	2.56%
HDFC Bank Ltd	Equity	₹42.99 Cr	2.47%
Hero MotoCorp Ltd	Equity	₹42.61 Cr	2.45%
Delhivery Ltd	Equity	₹42.53 Cr	2.45%
Affle 3i Ltd	Equity	₹39.94 Cr	2.30%
Dr. Lal PathLabs Ltd	Equity	₹37.9 Cr	2.18%
Hindustan Unilever Ltd	Equity	₹37.82 Cr	2.18%
Larsen & Toubro Ltd	Equity	₹36.91 Cr	2.12%
Tata Communications Ltd	Equity	₹34.4 Cr	1.98%
Info Edge (India) Ltd	Equity	₹34.19 Cr	1.97%
Avenue Supermarts Ltd	Equity	₹33.29 Cr	1.92%
Jubilant Foodworks Ltd	Equity	₹32.92 Cr	1.89%
Cash / Net Current Asset	Cash	₹30.83 Cr	1.77%
eClerx Services Ltd	Equity	₹29.13 Cr	1.68%
Metropolis Healthcare Ltd	Equity	₹27.88 Cr	1.60%
Maruti Suzuki India Ltd	Equity	₹27.11 Cr	1.56%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹26.29 Cr	1.51%
Kajaria Ceramics Ltd	Equity	₹25.94 Cr	1.49%
Acutaas Chemicals Ltd	Equity	₹25.88 Cr	1.49%
KFin Technologies Ltd	Equity	₹25.6 Cr	1.47%
Dabur India Ltd	Equity	₹25.13 Cr	1.45%
Westlife Foodworld Ltd	Equity	₹24.88 Cr	1.43%
Vishal Mega Mart Ltd	Equity	₹24.59 Cr	1.41%
Apollo Hospitals Enterprise Ltd	Equity	₹23.22 Cr	1.34%
PCBL Chemical Ltd	Equity	₹22.99 Cr	1.32%
Sonata Software Ltd	Equity	₹22.57 Cr	1.30%
Cohance Lifesciences Ltd	Equity	₹22.47 Cr	1.29%
Karur Vysya Bank Ltd	Equity	₹22.01 Cr	1.27%
Craftsman Automation Ltd	Equity	₹21.3 Cr	1.23%
Medplus Health Services Ltd	Equity	₹21.23 Cr	1.22%
Newgen Software Technologies Ltd	Equity	₹21.03 Cr	1.21%
Thermax Ltd	Equity	₹20.7 Cr	1.19%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹20.44 Cr	1.18%
Samvardhana Motherson International Ltd	Equity	₹18.58 Cr	1.07%
Wockhardt Ltd	Equity	₹18.57 Cr	1.07%
Aurobindo Pharma Ltd	Equity	₹18.24 Cr	1.05%
RBL Bank Ltd	Equity	₹17.61 Cr	1.01%
TBO Tek Ltd	Equity	₹17.51 Cr	1.01%
Syngene International Ltd	Equity	₹16.22 Cr	0.93%
Neogen Chemicals Ltd	Equity	₹14.43 Cr	0.83%
Pricol Ltd	Equity	₹11.66 Cr	0.67%
Carborundum Universal Ltd	Equity	₹10.74 Cr	0.62%
Orchid Pharma Ltd	Equity	₹10.67 Cr	0.61%
Indoco Remedies Ltd	Equity	₹9.86 Cr	0.57%
Bajaj Finserv Ltd	Equity	₹9.74 Cr	0.56%
HealthCare Global Enterprises Ltd	Equity	₹9.65 Cr	0.56%
Piramal Pharma Ltd	Equity	₹7.88 Cr	0.45%
Multi Commodity Exchange of India Ltd	Equity	₹6.85 Cr	0.39%
Quick Heal Technologies Ltd	Equity	₹5.82 Cr	0.33%
Laxmi Dental Ltd	Equity	₹2.12 Cr	0.12%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Consumer Cyclical	₹312.07 Cr	17.96%
Financial Services	₹310.01 Cr	17.84%
Technology	₹303.31 Cr	17.45%
Healthcare	₹225.9 Cr	13.00%
Communication Services	₹163.96 Cr	9.43%
Industrials	₹136.82 Cr	7.87%
Consumer Defensive	₹96.23 Cr	5.54%
Basic Materials	₹63.3 Cr	3.64%
Energy	₹51.02 Cr	2.94%

Risk & Performance Ratios

Fund Managers

Meeta Shetty

Since November 2024

Hasmukh Vishariya

Since March 2025

Additional Scheme Detailsas of 31st July 2025

ISIN

INF277KA1CU2

Expense Ratio

0.52%

Exit Load

No Charges

Fund Size

₹1,738 Cr

Age

9 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TRI

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Nifty Alpha 50 ETF Very High Risk	0.5%	-	₹5.17 Cr	-
Kotak Active Momentum Fund Direct Growth Very High Risk	-	0.0%	-	-
Kotak Active Momentum Fund Regular Growth Very High Risk	-	0.0%	-	-
Motilal Oswal Special Opportunities Fund Direct Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Special Opportunities Fund Regular Growth Very High Risk	-	1.0%	-	-
Bandhan Multi-Factor Fund Regular Growth Very High Risk	2.4%	0.0%	₹487.98 Cr	-
Bandhan Multi-Factor Fund Direct Growth Very High Risk	0.9%	0.0%	₹487.98 Cr	-
ICICI Prudential Active Momentum Fund Direct Growth Moderate Risk	1.0%	1.0%	₹1150.53 Cr	-
ICICI Prudential Active Momentum Fund Regular Growth Moderate Risk	2.2%	1.0%	₹1150.53 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹1995.16 Cr	-
Axis Services Opportunities Fund Regular Growth Very High Risk	2.0%	1.0%	₹1995.16 Cr	-
Nippon India MNC Fund Direct Growth Very High Risk	1.1%	1.0%	₹359.21 Cr	-
Nippon India MNC Fund Regular Growth Very High Risk	2.5%	1.0%	₹359.21 Cr	-
HDFC Innovation Fund Direct Growth Very High Risk	0.7%	1.0%	₹2439.44 Cr	-
HDFC Innovation Fund Regular Growth Very High Risk	2.0%	1.0%	₹2439.44 Cr	-
Mirae Asset Nifty India Internet ETF Very High Risk	0.1%	-	₹11.33 Cr	-
Motilal Oswal Nifty India Tourism ETF Very High Risk	0.5%	-	₹1.37 Cr	-
Motilal Oswal Nifty India Manufacturing ETF Very High Risk	0.5%	-	₹5.27 Cr	-
Motilal Oswal Services Fund Direct Growth Very High Risk	2.6%	1.0%	₹41.81 Cr	-
Motilal Oswal Services Fund Regular Growth Very High Risk	2.7%	1.0%	₹41.81 Cr	-
ICICI Prudential Quality Fund Direct Growth Very High Risk	0.8%	1.0%	₹2108.60 Cr	-
ICICI Prudential Quality Fund Regular Growth Very High Risk	2.0%	1.0%	₹2108.60 Cr	-
Motilal Oswal Nifty Capital Market ETF Very High Risk	0.5%	-	₹4.63 Cr	-
Axis Nifty500 Momentum 50 ETF Very High Risk	-	-	-	-
Mirae Asset BSE Select IPO ETF Very High Risk	0.3%	-	₹15.50 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Regular Growth Very High Risk	1.0%	0.0%	₹6.05 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹6.05 Cr	-
Motilal Oswal Active Momentum Fund Direct Growth Very High Risk	2.6%	1.0%	₹123.53 Cr	-
Motilal Oswal Active Momentum Fund Regular Growth Very High Risk	2.7%	1.0%	₹123.53 Cr	-
Nippon India Active Momentum Fund Regular Growth Very High Risk	1.6%	1.0%	₹221.19 Cr	-
Nippon India Active Momentum Fund Direct Growth Very High Risk	0.7%	1.0%	₹221.19 Cr	-
Groww Nifty 200 ETF Very High Risk	0.3%	-	₹13.57 Cr	-
Groww Nifty 200 ETF FoF Direct Growth Very High Risk	0.1%	1.0%	₹4.79 Cr	-
Groww Nifty 200 ETF FoF Regular Growth Very High Risk	0.7%	1.0%	₹4.79 Cr	-
Invesco India Business Cycle Fund Direct Growth Very High Risk	0.7%	0.0%	₹567.37 Cr	-
Invesco India Business Cycle Fund Regular Growth Very High Risk	2.4%	0.0%	₹567.37 Cr	-
Kotak MSCI India ETF Very High Risk	0.4%	-	₹854.50 Cr	-
Motilal Oswal Innovation Opportunities Fund Direct Growth Very High Risk	1.0%	1.0%	₹283.72 Cr	-
Motilal Oswal Innovation Opportunities Fund Regular Growth Very High Risk	2.4%	1.0%	₹283.72 Cr	-
Groww Nifty India Railways PSU ETF Very High Risk	0.5%	-	₹65.04 Cr	-
ICICI Prudential Rural Opportunities Fund Regular Growth Moderate Risk	2.1%	1.0%	₹1708.70 Cr	-
ICICI Prudential Rural Opportunities Fund Direct Growth Moderate Risk	0.9%	1.0%	₹1708.70 Cr	-
WhiteOak Capital Quality Equity Fund Direct Growth Very High Risk	0.6%	1.0%	₹568.94 Cr	-
WhiteOak Capital Quality Equity Fund Regular Growth Very High Risk	2.3%	1.0%	₹568.94 Cr	-
UTI Quant Fund Regular Growth Very High Risk	2.0%	1.0%	₹1693.00 Cr	-
UTI Quant Fund Direct Growth Very High Risk	0.3%	1.0%	₹1693.00 Cr	-
ICICI Prudential Nifty Auto ETF Very High Risk	0.2%	-	₹167.65 Cr	-1.2%
ICICI Prudential Nifty 200 Quality 30 ETF Very High Risk	0.3%	-	₹176.45 Cr	-8.0%
ICICI Prudential Nifty Alpha Low Volatility 30 ETF Very High Risk	0.4%	-	₹1774.26 Cr	-12.9%
Mirae Asset Nifty India New Age Consumption ETF Very High Risk	0.3%	-	₹28.55 Cr	-

About the AMC

Tata Mutual Fund

+91 22 6657 8282

https://www.tatamutualfund.com/

Total AUM

₹2,12,682 Cr

Address

Mafatlal Centre, 9th Floor, Mumbai, 400 021

Other Funds by Tata Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹107.51 Cr	-
Tata Income Plus Arbitrage Active FOF Direct Growth Moderate Risk	0.1%	0.0%	₹297.08 Cr	-
Tata BSE Quality Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹47.16 Cr	-
Tata Fixed Maturity Plan Series 61 Scheme D 91 Days Direct Growth Low to Moderate Risk	0.1%	0.0%	₹209.75 Cr	-
Tata BSE Select Business Groups Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹202.91 Cr	-
Tata India Innovation Fund Direct Growth Very High Risk	0.5%	0.0%	₹1738.02 Cr	-
Tata Nifty Capital Markets Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹307.82 Cr	-
Tata Nifty200 Alpha 30 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹220.11 Cr	-
Tata Nifty India Tourism Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹325.44 Cr	2.4%
TATA Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹121.21 Cr	-3.4%
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹79.88 Cr	-7.0%
Tata Nifty Financial Services Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹81.02 Cr	7.9%
Tata Nifty Auto Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹81.81 Cr	-1.5%
Tata Nifty MidSmall Healthcare Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹161.04 Cr	5.2%
Tata Nifty Realty Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹90.82 Cr	-16.4%
Tata Fixed Maturity Plan Series 61 Scheme A - 91 Days Direct Growth Low to Moderate Risk	0.1%	-	-	-
Tata Silver ETF Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹169.50 Cr	45.1%
Tata Gold ETF Fund of Fund Direct Growth High Risk	0.2%	0.0%	₹327.64 Cr	43.1%
Tata Fixed Maturity Plan Series 56 Scheme G Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Fixed Maturity Plan Series 56 Scheme H Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Fixed Maturity Series E Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Balanced Advantage Fund Direct Growth Very High Risk	0.4%	0.0%	₹10030.96 Cr	0.9%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4907.76 Cr	7.9%
Tata Business Cycle Fund Direct Growth Very High Risk	0.5%	0.0%	₹2898.17 Cr	-6.4%
Tata Nifty India Digital ETF Fund of Fund Direct Growth Very High Risk	0.1%	1.0%	₹122.01 Cr	-4.8%
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60: 40 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹843.51 Cr	8.3%
Tata Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹140.60 Cr	8.2%
Tata Small Cap Fund Direct Growth Very High Risk	0.3%	0.0%	₹11576.03 Cr	-4.6%
Tata Large & Mid Cap Fund Direct Growth Very High Risk	0.6%	0.0%	₹8772.86 Cr	-4.7%
Tata Mid Cap Growth Fund Direct Growth Very High Risk	0.6%	0.0%	₹4984.23 Cr	-4.1%
Tata Hybrid Equity Fund Direct Growth Very High Risk	1.0%	0.0%	₹4090.95 Cr	-2.3%
Tata Ethical Fund Direct Growth Very High Risk	0.7%	0.0%	₹3571.70 Cr	-10.4%
Tata Gilt Securities Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1426.39 Cr	5.8%
Tata Equity P/E Fund Direct Growth Very High Risk	0.8%	0.0%	₹8607.93 Cr	-8.8%
Tata Infrastructure Fund Direct Growth Very High Risk	1.1%	0.0%	₹2223.90 Cr	-13.3%
Tata Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3429.61 Cr	7.9%
Tata Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹41420.81 Cr	8.1%
Tata Equity Savings Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹267.80 Cr	5.7%
Tata Young Citizens Fund Direct Growth Very High Risk	2.1%	1.0%	₹364.80 Cr	-6.1%
Tata Liquid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹24038.47 Cr	7.1%
Tata Large Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹2631.27 Cr	-3.6%
Tata Retirement Savings Moderate Fund Direct Growth Very High Risk	0.6%	1.0%	₹2150.33 Cr	0.2%
Tata Retirement Savings Conservative Fund Direct Growth Moderately High risk	1.0%	1.0%	₹176.68 Cr	3.5%
Tata Short Term Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3440.88 Cr	8.1%
Tata Retirement Savings Progressive Fund Direct Growth Very High Risk	0.5%	1.0%	₹2084.51 Cr	-2.3%
Tata Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4219.80 Cr	8.1%
Tata India Consumer Fund Direct Growth Very High Risk	0.7%	0.0%	₹2482.35 Cr	0.9%
Tata Digital India Fund Direct Growth Very High Risk	0.4%	0.0%	₹11501.01 Cr	-10.0%
Tata Banking & Financial Services Fund Direct Growth Very High Risk	0.5%	0.0%	₹2894.89 Cr	7.1%
Tata Resources & Energy Fund Direct Growth Very High Risk	0.5%	0.0%	₹1184.01 Cr	-1.0%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
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What is the current NAV of Tata India Innovation Fund Direct Growth?

The NAV of Tata India Innovation Fund Direct Growth, as of 02-Sep-2025, is ₹9.95.

What is the portfolio composition of Tata India Innovation Fund Direct Growth?

The fund's allocation of assets is distributed as 95.66% in equities, 0.00% in bonds, and 4.34% in cash and cash equivalents.

Who manages the Tata India Innovation Fund Direct Growth?

The fund managers responsible for Tata India Innovation Fund Direct Growth are:-

Meeta Shetty
Hasmukh Vishariya

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹1,738 Cr

Expense Ratio

0.52%

ISIN

INF277KA1CU2

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

28 Nov 2024

Risk Level

Your principal amount will be at Very High Risk