Tata India Innovation Fund Direct Growth

Fund Overview

Fund Size

₹1,368 Cr

Expense Ratio

0.90%

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 1 years and 9 months, having been launched on 28-Nov-24.
As of 27-Aug-26, it has a Net Asset Value (NAV) of ₹10.57, Assets Under Management (AUM) of 1368.35 Crores, and an expense ratio of 0.9%.

Tata India Innovation Fund Direct Growth has given a CAGR return of 3.21% since inception.
The fund's asset allocation comprises around 95.30% in equities, 0.00% in debts, and 4.70% 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.

1 Year

+5.99%

— (Cat Avg.)

Since Inception

+3.21%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2026

Equity	₹1,304.03 Cr	95.30%
Others	₹64.31 Cr	4.70%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹68.61 Cr	5.01%
Reliance Industries Ltd	Equity	₹48 Cr	3.51%
Apollo Hospitals Enterprise Ltd	Equity	₹45.66 Cr	3.34%
Bharti Airtel Ltd	Equity	₹44.28 Cr	3.24%
Adani Ports & Special Economic Zone Ltd	Equity	₹43.92 Cr	3.21%
HDFC Bank Ltd	Equity	₹43.09 Cr	3.15%
Axis Bank Ltd	Equity	₹42.54 Cr	3.11%
Cash / Net Current Asset	Cash	₹38.47 Cr	2.81%
Tech Mahindra Ltd	Equity	₹36.66 Cr	2.68%
Eternal Ltd	Equity	₹36.29 Cr	2.65%
Mahindra & Mahindra Ltd	Equity	₹35.68 Cr	2.61%
Dr. Lal PathLabs Ltd	Equity	₹32.62 Cr	2.38%
Maruti Suzuki India Ltd	Equity	₹30.6 Cr	2.24%
Vishal Mega Mart Ltd	Equity	₹29.58 Cr	2.16%
Dixon Technologies (India) Ltd	Equity	₹29.16 Cr	2.13%
PB Fintech Ltd	Equity	₹28.77 Cr	2.10%
Acutaas Chemicals Ltd	Equity	₹27.94 Cr	2.04%
(I) Treps	Cash - Repurchase Agreement	₹25.84 Cr	1.89%
RBL Bank Ltd	Equity	₹24.78 Cr	1.81%
Metropolis Healthcare Ltd	Equity	₹22.39 Cr	1.64%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹22.35 Cr	1.63%
Karur Vysya Bank Ltd	Equity	₹22.33 Cr	1.63%
Firstsource Solutions Ltd	Equity	₹22.16 Cr	1.62%
Emmvee Photovoltaic Power Ltd	Equity	₹21.95 Cr	1.60%
Swiggy Ltd	Equity	₹21.78 Cr	1.59%
Hero MotoCorp Ltd	Equity	₹21.54 Cr	1.57%
TBO Tek Ltd	Equity	₹21.35 Cr	1.56%
Samvardhana Motherson International Ltd	Equity	₹21.29 Cr	1.56%
Ather Energy Ltd	Equity	₹20.87 Cr	1.53%
Adani Energy Solutions Ltd	Equity	₹20.52 Cr	1.50%
Bajaj Finserv Ltd	Equity	₹20.29 Cr	1.48%
Dabur India Ltd	Equity	₹20.02 Cr	1.46%
Infosys Ltd	Equity	₹19.86 Cr	1.45%
Bank of Baroda	Equity	₹19.41 Cr	1.42%
PCBL Chemical Ltd	Equity	₹18.55 Cr	1.36%
Kotak Mahindra Bank Ltd	Equity	₹17.56 Cr	1.28%
Affle 3i Ltd	Equity	₹16.41 Cr	1.20%
HealthCare Global Enterprises Ltd	Equity	₹15.88 Cr	1.16%
Pricol Ltd	Equity	₹15.29 Cr	1.12%
Sai Life Sciences Ltd	Equity	₹15.01 Cr	1.10%
Sona BLW Precision Forgings Ltd	Equity	₹14.62 Cr	1.07%
Torrent Pharmaceuticals Ltd	Equity	₹14.35 Cr	1.05%
Orchid Pharma Ltd	Equity	₹14.22 Cr	1.04%
Aditya Birla Sun Life AMC Ltd	Equity	₹14.1 Cr	1.03%
Craftsman Automation Ltd	Equity	₹13.88 Cr	1.01%
Cummins India Ltd	Equity	₹13.8 Cr	1.01%
Voltas Ltd	Equity	₹13.29 Cr	0.97%
Vijaya Diagnostic Centre Ltd	Equity	₹13.03 Cr	0.95%
Manipal Health Enterprises Ltd	Equity	₹12.83 Cr	0.94%
eClerx Services Ltd	Equity	₹12.73 Cr	0.93%
Aurobindo Pharma Ltd	Equity	₹12.64 Cr	0.92%
Carborundum Universal Ltd	Equity	₹12.28 Cr	0.90%
Aster DM Quality Care Ltd Ordinary Shares	Equity	₹11.13 Cr	0.81%
Syngene International Ltd	Equity	₹10.7 Cr	0.78%
Adani Enterprises Ltd	Equity	₹10.44 Cr	0.76%
State Bank of India	Equity	₹10.27 Cr	0.75%
Ujjivan Small Finance Bank Ltd Ordinary Shares	Equity	₹9.43 Cr	0.69%
Piramal Pharma Ltd	Equity	₹7.82 Cr	0.57%
Havells India Ltd	Equity	₹6.3 Cr	0.46%
CG Power & Industrial Solutions Ltd	Equity	₹4.32 Cr	0.32%
LG Electronics India Ltd	Equity	₹3.73 Cr	0.27%
Meesho Ltd	Equity	₹2.05 Cr	0.15%
Laxmi Dental Ltd	Equity	₹1.07 Cr	0.08%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹321.2 Cr	23.47%
Consumer Cyclical	₹320.48 Cr	23.42%
Healthcare	₹229.35 Cr	16.76%
Technology	₹146.24 Cr	10.69%
Industrials	₹80.62 Cr	5.89%
Communication Services	₹60.69 Cr	4.44%
Energy	₹58.44 Cr	4.27%
Basic Materials	₹46.49 Cr	3.40%
Utilities	₹20.52 Cr	1.50%
Consumer Defensive	₹20.02 Cr	1.46%

Risk & Performance Ratios

Fund Managers

Meeta Shetty

Since November 2024

Hasmukh Vishariya

Since March 2025

Additional Scheme Detailsas of 31st July 2026

ISIN

INF277KA1CU2

Expense Ratio

0.90%

Exit Load

No Charges

Fund Size

₹1,368 Cr

Age

1 year 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 Quality Fund Regular Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Quality Fund Direct Growth Very High Risk	-	1.0%	-	-
JioBlackRock Sector Rotation Fund Regular Growth Very High Risk	-	0.0%	₹162.77 Cr	-
SageOne India Growth GIFT Fund Regular Growth Very High Risk	-	-	₹3.04 Cr	-2.4%
Motilal Oswal Nifty Metal ETF Very High Risk	-	-	-	-
SBI Nifty Midcap 150 Momentum 50 ETF FOF Direct Growth Very High Risk	-	1.0%	-	-
SBI Nifty Midcap 150 Momentum 50 ETF FOF Regular Growth Very High Risk	-	1.0%	-	-
Groww Nifty Cements ETF Very High Risk	-	-	-	-
Baroda BNP Paribas Services Fund Regular Growth Very High Risk	-	1.0%	-	-
Baroda BNP Paribas Services Fund Direct Growth Very High Risk	-	1.0%	-	-
HDFC Nifty Metal ETF Very High Risk	0.3%	-	-	-
DSP Nifty Midcap 150 Quality 50 ETF Very High Risk	0.5%	-	₹99.06 Cr	3.3%
NJ Momentum Fund Direct Growth Very High Risk	-	0.0%	-	-
NJ Momentum Fund Regular Growth Very High Risk	-	0.0%	-	-
Groww Nifty Smallcap 250 Momentum Quality 100 ETF Very High Risk	0.6%	-	₹6.80 Cr	-
360 ONE MSCI India ETF Very High Risk	1.7%	-	₹6.74 Cr	-
Motilal Oswal BSE Select IPO ETF Very High Risk	0.7%	-	₹5.88 Cr	-
SBI Nifty Midcap 150 Momentum 50 ETF Very High Risk	0.8%	-	₹10.55 Cr	-
Aditya Birla Sun Life MSCI India ETF Very High Risk	0.2%	-	₹11.27 Cr	-
ITI Business Cycle Fund Regular Growth Very High Risk	3.5%	0.0%	₹115.24 Cr	-
ITI Business Cycle Fund Direct Growth Very High Risk	1.8%	0.0%	₹115.24 Cr	-
Mirae Asset BSE India Defence ETF Very High Risk	0.3%	-	₹147.11 Cr	-
Kotak Services Fund Regular Growth Very High Risk	2.4%	0.0%	₹758.75 Cr	-
Kotak Services Fund Direct Growth Very High Risk	1.0%	0.0%	₹758.75 Cr	-
SBI Quality Fund Direct Growth Very High Risk	1.3%	1.0%	₹2524.85 Cr	-
Mirae Asset BSE India Defence ETF FOF Direct Growth Very High Risk	0.4%	0.0%	₹102.82 Cr	-
Mirae Asset BSE India Defence ETF FOF Regular Growth Very High Risk	0.9%	0.0%	₹102.82 Cr	-
SBI Quality Fund Regular Growth Very High Risk	2.4%	1.0%	₹2524.85 Cr	-
Motilal Oswal Nifty MNC ETF Very High Risk	0.6%	-	₹2.47 Cr	-
JioBlackRock Sector Rotation Fund Direct Growth Very High Risk	0.9%	0.0%	₹162.77 Cr	-
Groww Nifty PSE ETF FOF Regular Growth Very High Risk	0.5%	0.0%	₹11.80 Cr	-
Groww Nifty PSE ETF FOF Direct Growth Very High Risk	0.2%	0.0%	₹11.80 Cr	-
Groww Nifty PSE ETF Very High Risk	0.5%	-	₹17.37 Cr	-
Mahindra Manulife Innovation Opportunities Fund Direct Growth Very High Risk	0.9%	0.0%	₹236.43 Cr	-
Mahindra Manulife Innovation Opportunities Fund Regular Growth Very High Risk	2.5%	0.0%	₹236.43 Cr	-
Groww Nifty Chemicals ETF Very High Risk	0.5%	-	₹11.92 Cr	-
Motilal Oswal Nifty Services Sector ETF Very High Risk	0.6%	-	₹6.13 Cr	-
Groww Nifty Metal ETF Very High Risk	0.5%	-	₹41.90 Cr	-
DSP MSCI INDIA ETF Very High Risk	0.4%	-	₹3.33 Cr	-
Kotak Rural Opportunities Fund Regular Growth Very High Risk	2.4%	0.0%	₹806.95 Cr	-
Kotak Rural Opportunities Fund Direct Growth Very High Risk	0.8%	0.0%	₹806.95 Cr	-
ANGEL ONE NIFTY TOTAL MARKET MOMENTUM QUALITY 50 ETF Very High Risk	0.7%	-	₹15.66 Cr	-
Kotak Nifty Chemicals ETF Very High Risk	0.3%	-	₹106.09 Cr	-
ICICI Prudential Conglomerate Fund Regular Growth Moderately High risk	2.4%	1.0%	₹820.84 Cr	-
ICICI Prudential Conglomerate Fund Direct Growth Moderately High risk	1.3%	1.0%	₹820.84 Cr	-
DSP Nifty500 Flexicap Quality 30 ETF Very High Risk	0.9%	-	₹14.79 Cr	-
Kotak Nifty 200 Momentum 30 ETF Very High Risk	0.3%	-	₹32.30 Cr	-
The Wealth Company Ethical Fund Direct Growth Very High Risk	0.6%	0.0%	₹39.97 Cr	-
The Wealth Company Ethical Fund Regular Growth Very High Risk	2.0%	0.0%	₹39.97 Cr	-
Groww Nifty Realty ETF Very High Risk	0.5%	-	₹16.38 Cr	-

About the AMC

Tata Mutual Fund

+91 22 6657 8282

https://www.tatamutualfund.com/

Total AUM

₹2,28,733 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 Multi Sector Passive FOF Direct Growth Very High Risk	0.2%	0.0%	-	-
Titanium Equity Long-Short Fund Direct Growth Very High Risk	1.9%	1.0%	₹207.85 Cr	-
Tata BSE Multicap Consumption 50 30 20 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹46.22 Cr	-
Titanium Hybrid Long-Short Fund Direct Growth Very High Risk	1.0%	1.0%	₹548.72 Cr	-
Tata Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹124.10 Cr	-
Tata Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹316.58 Cr	11.5%
Tata Income Plus Arbitrage Active FOF Direct Growth Moderate Risk	0.1%	0.0%	₹268.99 Cr	6.0%
Tata BSE Quality Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹58.02 Cr	5.5%
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	0.4%	0.0%	₹228.30 Cr	6.4%
Tata India Innovation Fund Direct Growth Very High Risk	0.9%	0.0%	₹1368.35 Cr	6.0%
Tata Nifty Capital Markets Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹913.12 Cr	27.6%
Tata Nifty200 Alpha 30 Index Fund Direct Growth Very High Risk	0.9%	0.0%	₹198.02 Cr	9.9%
Tata Nifty India Tourism Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹269.84 Cr	-14.3%
Tata Fixed Maturity Plan Series 61 Scheme C 91 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
TATA Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct Growth Very High Risk	0.6%	0.0%	₹138.43 Cr	13.0%
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund Direct Growth Very High Risk	0.6%	0.0%	₹79.33 Cr	6.0%
Tata Nifty Financial Services Index Fund Direct Growth Very High Risk	0.6%	0.0%	₹71.15 Cr	1.5%
Tata Nifty Auto Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹105.99 Cr	14.5%
Tata Nifty MidSmall Healthcare Index Fund Direct Growth Very High Risk	0.6%	0.0%	₹207.04 Cr	19.3%
Tata Nifty Realty Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹65.00 Cr	1.8%
Tata Fixed Maturity Plan Series 61 Scheme A - 91 Days Direct Growth Low to Moderate Risk	0.1%	-	-	-
Tata Fixed Maturity Plan Series 61 Scheme B 364 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Silver ETF Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹1008.57 Cr	96.9%
Tata Gold ETF Fund of Fund Direct Growth High Risk	0.2%	0.0%	₹1389.17 Cr	53.9%
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	0.7%	0.0%	₹8779.78 Cr	5.5%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹6377.77 Cr	6.9%
Tata Business Cycle Fund Direct Growth Very High Risk	0.9%	0.0%	₹2633.73 Cr	5.9%
Tata Nifty India Digital ETF Fund of Fund Direct Growth Very High Risk	0.1%	1.0%	₹113.18 Cr	-3.2%
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60: 40 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹644.59 Cr	5.9%
Tata Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹121.44 Cr	6.8%
Tata Small Cap Fund Direct Growth Very High Risk	0.5%	0.0%	₹12695.77 Cr	0.1%
Tata Large & Mid Cap Fund Direct Growth Very High Risk	0.8%	0.0%	₹7900.58 Cr	-2.1%
Tata Mid Cap Growth Fund Direct Growth Very High Risk	0.8%	0.0%	₹6056.43 Cr	11.9%
Tata Hybrid Equity Fund Direct Growth Very High Risk	1.3%	0.0%	₹3930.21 Cr	4.1%
Tata Ethical Fund Direct Growth Very High Risk	0.8%	0.0%	₹3864.51 Cr	-3.2%
Tata Gilt Securities Fund Direct Growth Moderate Risk	0.3%	0.0%	₹878.43 Cr	6.0%
Tata Equity P/E Fund Direct Growth Very High Risk	1.1%	0.0%	₹8492.28 Cr	6.8%
Tata Infrastructure Fund Direct Growth Very High Risk	1.2%	0.0%	₹2071.90 Cr	9.1%
Tata Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2239.61 Cr	6.4%
Tata Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹34138.15 Cr	6.6%
Tata Equity Savings Fund Direct Growth Moderate Risk	0.6%	0.0%	₹284.62 Cr	7.5%
Tata Young Citizens Fund Direct Growth Very High Risk	1.8%	1.0%	₹334.58 Cr	-6.3%
Tata Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹27602.85 Cr	6.5%
Tata Large Cap Fund Direct Growth Very High Risk	1.2%	0.0%	₹2783.80 Cr	5.2%
Tata Retirement Savings Moderate Fund Direct Growth Very High Risk	0.8%	1.0%	₹2217.96 Cr	10.2%
Tata Retirement Savings Conservative Fund Direct Growth Moderately High risk	1.1%	1.0%	₹168.88 Cr	6.6%

Risk Level

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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 27-Aug-2026, is ₹10.57.

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

The fund's allocation of assets is distributed as 95.30% in equities, 0.00% in bonds, and 4.70% 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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Tata India Innovation Fund Direct Growth

Fund Overview