Dezerv

Fund Overview

Fund Size

Fund Size

₹645 Cr

Expense Ratio

Expense Ratio

0.95%

ISIN

ISIN

INF789F1AZA4

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

13 Oct 2023

About this fund

UTI Innovation Fund Direct Growth is a Equity - Other mutual fund schemes offered by UTI Mutual Fund. This fund has been in existence for 7 months and 7 days, having been launched on 13-Oct-23.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹10.84, Assets Under Management (AUM) of 644.99 Crores, and an expense ratio of 0.95%.
  • UTI Innovation Fund Direct Growth has given a CAGR return of 8.42% since inception.
  • The fund's asset allocation comprises around 91.92% in equities, 0.74% in debts, and 7.34% in cash & cash equivalents.
  • You can start investing in UTI 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

+8.42%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity592.9 Cr91.92%
Debt4.74 Cr0.74%
Others47.34 Cr7.34%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Current AssetsCash46.81 Cr7.26%
PB Fintech LtdEquity45.27 Cr7.02%
Zomato LtdEquity43.82 Cr6.79%
Info Edge (India) LtdEquity39.49 Cr6.12%
FSN E-Commerce Ventures LtdEquity38.51 Cr5.97%
KPIT Technologies LtdEquity32.17 Cr4.99%
Praj Industries LtdEquity28.85 Cr4.47%
CE Info Systems LtdEquity28.06 Cr4.35%
IndiaMART InterMESH LtdEquity27.3 Cr4.23%
Affle India LtdEquity26.29 Cr4.08%
Yatra Online LtdEquity26.12 Cr4.05%
Delhivery LtdEquity25.6 Cr3.97%
Rategain Travel Technologies LtdEquity25.15 Cr3.90%
Syngene International LtdEquity24.78 Cr3.84%
Clean Science and Technology LtdEquity24.02 Cr3.72%
Latent View Analytics LtdEquity23.93 Cr3.71%
L&T Technology Services LtdEquity21.72 Cr3.37%
Nazara Technologies LtdEquity20.73 Cr3.21%
Happiest Minds Technologies Ltd Ordinary SharesEquity18.62 Cr2.89%
Route Mobile Ltd Ordinary SharesEquity16.5 Cr2.56%
Tata Elxsi LtdEquity16.16 Cr2.50%
PI Industries LtdEquity15.98 Cr2.48%
Borosil Renewables Ltd Ordinary SharesEquity8.82 Cr1.37%
MTAR Technologies LtdEquity8.08 Cr1.25%
One97 Communications LtdEquity6.95 Cr1.08%
India (Republic of)Bond - Short-term Government Bills4.74 Cr0.74%
Clearing Corporation Of India Ltd. Std - MarginCash - Repurchase Agreement0.53 Cr0.08%

Allocation By Market Cap (Equity)

Large Cap Stocks

9.27%

Mid Cap Stocks

38.86%

Small Cap Stocks

43.79%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Technology148.84 Cr23.08%
Communication Services130.29 Cr20.20%
Consumer Cyclical117.27 Cr18.18%
Industrials86.46 Cr13.40%
Financial Services45.27 Cr7.02%
Basic Materials39.99 Cr6.20%
Healthcare24.78 Cr3.84%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Ankit Agarwal

Ankit Agarwal

Since October 2023

DA

Deepesh Agarwal

Since October 2023

Additional Scheme Detailsas of 30th April 2024

ISININF789F1AZA4Expense Ratio0.95%Exit Load1.00%Fund Size₹645 CrAge13 Oct 2023Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TRI

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
SBI Equity Minimum Variance Fund Direct Growth

Very High Risk

0.4%0.0%₹189.69 Cr31.0%
SBI Equity Minimum Variance Fund Regular Growth

Very High Risk

0.7%0.0%₹189.69 Cr30.6%
Bandhan Transportation and Logistics Fund Direct Growth

Very High Risk

0.8%0.0%₹469.41 Cr60.7%
Bandhan Transportation and Logistics Fund Regular Growth

Very High Risk

2.4%0.0%₹469.41 Cr58.1%
ICICI Prudential Transportation and Logistics Fund Direct Growth

Very High Risk

0.8%1.0%₹2838.70 Cr60.6%
ICICI Prudential Transportation and Logistics Fund Regular Growth

Very High Risk

2.0%1.0%₹2838.70 Cr58.6%
HDFC NIFTY200 Momentum 30 ETF

Very High Risk

0.3%-₹11.35 Cr63.0%
HDFC NIFTY100 Low Volatility 30 ETF

Very High Risk

0.3%-₹5.95 Cr34.7%
ICICI Prudential Nifty 200 Momentum 30 ETF

Very High Risk

0.3%-₹141.30 Cr69.9%
DSP Nifty Midcap 150 Quality 50 ETF

Low Risk

0.3%-₹85.36 Cr38.4%

About the AMC

Total AUM

₹2,73,084 Cr

Address

UTI Towers, Gn Block, Mumbai, 400 051

Other Funds by UTI Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
UTI Innovation Fund Direct Growth

Very High Risk

0.9%1.0%₹644.99 Cr-
UTI Fixed Income Interval Fund Annual Plan I Direct Growth

Low Risk

-0.0%₹20.40 Cr6.9%
UTI Fixed Term Income Fund - Series XXXV-I (1260 Days) Direct Growth

Low to Moderate Risk

-0.0%-6.8%
UTI Fixed Term Income Fund - Series XXXV-III (1176 Days) Direct Growth

Low to Moderate Risk

-0.0%-6.7%
UTI FIIF Ser 2 Qt Interval V Direct Growth

Low Risk

-1.0%₹4.80 Cr6.9%
UTI Fixed Income Interval Fund Quarterly I Direct Growth

Low Risk

-0.0%₹10.46 Cr7.1%
UTI Fixed Inc Intvl Series2 Qt Intvl VI Direct Growth

Moderate Risk

-1.0%₹11.46 Cr7.2%
UTI-Fixed Term Income Fund - Series XXX-VI (1107 days) Direct Growth

Low to Moderate Risk

-0.0%-10.0%
UTI-Fixed Term Income Fund - Series XXX - VII (1294 days) Direct Growth

Low to Moderate Risk

-0.0%--
UTI Fixed Term Income Fund - Series XXXV-II (1223 Days) Direct Growth

Moderate Risk

---6.8%
UTI Fixed Income Interval Fund Annual Plan III Direct Growth

Low to Moderate Risk

-0.0%₹13.38 Cr6.7%
UTI Fixed Term Income Fund - Series XXXVI-I (1574 days) Direct Growth

Moderate Risk

-0.0%-6.6%
UTI Floater Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1485.19 Cr7.3%
UTI Nifty 500 Value 50 Index Fund Direct Growth

Very High Risk

0.5%0.0%₹278.46 Cr92.6%
UTI Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹947.38 Cr6.5%
UTI Focused Equity Fund Direct Growth

Very High Risk

0.6%1.0%₹2579.48 Cr35.9%
UTI Silver ETF Fund of Fund Direct Growth

Very High Risk

0.1%1.0%₹25.18 Cr19.8%
UTI Nifty200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.5%0.0%₹5496.24 Cr70.5%
UTI Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹6229.00 Cr6.8%
UTI Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹3548.66 Cr7.0%
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth

Very High Risk

0.5%0.0%₹187.71 Cr36.4%
UTI Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹4887.58 Cr8.3%
UTI Small Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹3791.34 Cr38.7%
UTI Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹2349.32 Cr7.5%
UTI Credit Risk Fund Direct Growth

Moderately High risk

0.9%1.0%₹392.01 Cr7.2%
UTI Dividend Yield Fund Direct Growth

Very High Risk

1.4%1.0%₹3702.67 Cr44.9%
UTI Banking and Financial Services Fund Direct Growth

Very High Risk

1.2%1.0%₹1079.86 Cr22.5%
UTI Dynamic Bond Fund Direct Growth

Moderate Risk

0.7%0.0%₹570.62 Cr7.3%
UTI Hybrid Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹5487.53 Cr32.1%
UTI Long Term Equity Fund Direct Growth

Very High Risk

0.9%0.0%₹3614.56 Cr32.3%
UTI Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹24295.37 Cr20.4%
UTI Bond Fund Direct Growth

Moderate Risk

1.3%0.0%₹297.39 Cr5.6%
UTI Liquid Fund Cash Plan Direct Growth

Moderate Risk

0.2%0.0%₹23329.86 Cr7.3%
UTI Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹631.89 Cr7.0%
UTI India Consumer Fund Direct Growth

Very High Risk

1.6%1.0%₹609.99 Cr35.3%
UTI Infrastructure Fund Direct Growth

Very High Risk

1.9%1.0%₹2183.97 Cr57.8%
UTI MNC Fund Direct Growth

Very High Risk

1.2%1.0%₹2839.28 Cr33.9%
UTI Master Share Unit Scheme Direct Growth

Very High Risk

0.8%1.0%₹12482.57 Cr27.7%
UTI Regular Savings Fund Direct Growth

Moderately High risk

1.2%1.0%₹1579.66 Cr13.7%
UTI Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹14041.42 Cr7.6%
UTI Mid Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹10474.79 Cr42.3%
UTI Value Opportunities Fund Direct Growth

Very High Risk

1.1%1.0%₹8931.67 Cr39.8%
UTI Healthcare Fund Direct Growth

Very High Risk

1.4%1.0%₹943.34 Cr52.0%
UTI Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹16695.00 Cr24.6%
UTI Transportation & Logistics Fund Direct Growth

Very High Risk

0.8%1.0%₹3279.66 Cr60.4%
UTI Short Term Income Fund Direct Growth

Moderate Risk

0.4%0.0%₹2680.40 Cr7.5%
UTI - Treasury Advantage Fund Direct Growth

Moderate Risk

0.4%0.0%₹2629.59 Cr7.2%
UTI Multi Asset Fund Direct Growth

High Risk

1.1%1.0%₹1681.45 Cr39.4%
UTI Core Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹2978.06 Cr47.5%
UTI Medium Term Fund Direct Growth

Moderate Risk

1.0%1.0%₹40.31 Cr6.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of UTI Innovation Fund Direct Growth, as of 17-May-2024, is ₹10.84.
The fund's allocation of assets is distributed as 91.92% in equities, 0.74% in bonds, and 7.34% in cash and cash equivalents.
The fund managers responsible for UTI Innovation Fund Direct Growth are:-
  1. Ankit Agarwal
  2. Deepesh Agarwal