What is the current NAV of Tata India Innovation Fund Direct-Growth?
The current NAV (Net Asset Value) of Tata India Innovation Fund Direct-Growth is ₹ 10.0374 as of 1783468. NAV is declared at the end of each business day after market close and reflects the per-unit value of the fund after deducting expenses.
What is the AUM of Tata India Innovation Fund Direct-Growth?
The Assets Under Management (AUM) of Tata India Innovation Fund Direct-Growth is ₹ 1.39 k Cr in the Equity: Thematic-Innovation category. A larger AUM generally reflects higher investor confidence. For mid and small cap funds, very large AUM can sometimes limit agility in portfolio positioning.
What is the expense ratio of Tata India Innovation Fund Direct-Growth?
The expense ratio of Tata India Innovation Fund Direct-Growth is 0.89%. This annual fee is deducted daily from the NAV — over Tata India Innovation Fund Direct-Growth's history, the fund has delivered a since-inception CAGR of 0.23% after expenses. Direct plans always carry a lower expense ratio than Regular plans — the difference in expense ratio directly adds to your NAV growth over time.
Who is the fund manager of Tata India Innovation Fund Direct-Growth?
The fund manager details for Tata India Innovation Fund Direct-Growth are available in the Scheme Overview section. The fund is managed by Tata Mutual Fund. Fund manager experience and tenure are important qualitative factors when evaluating a mutual fund.
What is the benchmark of Tata India Innovation Fund Direct-Growth?
The benchmark index for Tata India Innovation Fund Direct-Growth is NIFTY 500 Total Return Index. All performance evaluation of Tata India Innovation Fund Direct-Growth is measured relative to NIFTY 500 Total Return Index. The fund manager's goal is to generate alpha (returns above the benchmark) while managing downside risk.
When was Tata India Innovation Fund Direct-Growth launched?
The launch (inception) date of Tata India Innovation Fund Direct-Growth is available in the Scheme Overview section. A longer track record spanning multiple bull and bear market cycles is an important criterion when evaluating a mutual fund.
What is the minimum investment in Tata India Innovation Fund Direct-Growth?
The minimum SIP and lumpsum investment details for Tata India Innovation Fund Direct-Growth are available in the Scheme Overview section. SIPs let you invest a fixed amount regularly, averaging your purchase cost over time and reducing market timing risk.
What is the exit load on Tata India Innovation Fund Direct-Growth?
The exit load on Tata India Innovation Fund Direct-Growth is 1.00%. Exit load is charged on redemption to discourage early withdrawal. Always factor in the exit load when comparing the net redemption value.
What category does Tata India Innovation Fund Direct-Growth belong to?
Tata India Innovation Fund Direct-Growth belongs to the Equity: Thematic-Innovation category of mutual funds. SEBI has classified mutual funds into well-defined categories to help investors choose based on risk appetite and investment horizon. The maximum historical drawdown of Tata India Innovation Fund Direct-Growth has been -0.18%, reflecting its worst peak-to-trough decline.
Is Tata India Innovation Fund Direct-Growth a direct or regular plan?
Tata India Innovation Fund Direct-Growth is available in both Direct and Regular plan variants. Direct plans always offer a lower expense ratio — the savings from no distributor commission compound meaningfully over a long investment horizon.
