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uti innovation fund directgrowth
UTI Mutual Fund

UTI Innovation Fund Direct-Growth

Equity: Thematic-Innovation - Growth (Open ended)
UTI Innovation Fund Direct-GrowthNAV: 12.20 as on 06 Sep, 2026
Risk levelCategoryBenchmark
Copyright © 2026 sharpely. All rights reserved.
Factsheet
SEBI Riskometer: Very HighCategory: Equity: Thematic-InnovationBenchmark: NIFTY 500 Total Return IndexCheck Portfolio Overlap →
NAV: ₹12.2-0.25%
07 Sept 2026
1 Week returns: -1.96 %
Category rank: 9/11
1 Month returns: 1.71 %
Category rank: 4/11
1 Year CAGR: 0.54 %
Category rank: 10/10
3 Years CAGR: -
Category rank: -
5 Years CAGR: -
Category rank: -
52 week high/low
₹9.19
₹12.50
AUM
789.89
Expense Ratio
1.22
Inception
1697587.00
P/E
53.83
P/B
4.62
Max Drawdown
-0.32
Return 1M
1.71
Return 1Y
0.54
Return 3Y
-
Return 5Y
-
Alpha
-
Sharpe
-

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Relatively low expense ratio

Expense ratio of the scheme (1.22%) is lower than average expense ratio of the category (1.66%), excluding index funds and ETFs

This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same

What is Expense ratio?

Negative
Not enough talking points with negative stance
Neutral
Not enough performance data

Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis

Scheme Overview

The scheme seeks to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments.

Scheme Category Overview →

Plan Variants

UTI Innovation Fund Direct-IDCW
Plan
IDCW
Payout
Irregular

Fund Managers

Nitin Jain
Since: 1 Oct 2024
View details
Education
Mr. Jain holds a Bachelor of Engineering Degree and is also MMS.
Past Experience
Has been associated with SBIMF since 2004. Earlier,he was with IDBI Capital Market Services Ltd.

Key Scheme Details

Inception
17 Oct 2023
Expense Ratio
1.22%
AUM
₹789.89 Cr
Lock in
No lock in
Taxation
Equity
Min. Investment
₹5,000
Min. Addl Investment
-
Min. SIP Investment
₹500
Exit load
Exit load of 1%, if redeemed within 12 months.

AMC Overview

UTI Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:
Jul 31, 2026
Total AUM: ₹ 4,04,286 Cr
Equity
₹ 2,85,667 Cr
Debt
₹ 68,411 Cr
Hybrid
₹ 44,760 Cr
Commodities
₹ 5,448 Cr
Dec 31, 2021Jan 31, 2022Feb 28, 2022Mar 31, 2022Apr 30, 2022May 31, 2022Aug 31, 2022Sep 30, 2022Oct 31, 2022Nov 30, 2022Dec 31, 2022Jan 31, 2023Feb 28, 2023Mar 31, 2023Apr 30, 2023May 31, 2023Jun 30, 2023Jul 31, 2023Aug 31, 2023Sep 30, 2023Oct 31, 2023Nov 30, 2023Dec 31, 2023Jan 31, 2024Feb 29, 2024Mar 31, 2024Apr 30, 2024May 31, 2024Jun 30, 2024Jul 31, 2024Aug 31, 2024Sep 30, 2024Oct 31, 2024Nov 30, 2024Dec 31, 2024Jan 31, 2025Feb 28, 2025Mar 31, 2025Apr 30, 2025May 31, 2025Jun 30, 2025Jul 31, 2025Aug 31, 2025Sep 30, 2025Oct 31, 2025Nov 30, 2025Dec 31, 2025Jan 31, 2026Feb 28, 2026Mar 31, 2026Apr 30, 2026May 31, 2026Jun 30, 2026Jul 31, 2026
equity1,32,374 Cr1,31,314 Cr1,28,860 Cr1,35,573 Cr1,35,623 Cr1,33,614 Cr1,50,317 Cr1,48,375 Cr1,55,538 Cr1,60,184 Cr1,56,794 Cr1,53,101 Cr1,51,302 Cr1,50,823 Cr1,57,527 Cr1,64,289 Cr1,71,811 Cr1,76,615 Cr1,75,150 Cr1,78,273 Cr1,74,378 Cr1,85,855 Cr1,98,705 Cr1,97,687 Cr2,00,478 Cr2,05,309 Cr2,11,474 Cr2,14,621 Cr2,31,961 Cr2,42,686 Cr2,48,209 Cr2,55,962 Cr2,43,514 Cr2,44,438 Cr2,39,778 Cr2,35,519 Cr2,20,259 Cr2,36,500 Cr2,46,662 Cr2,54,412 Cr2,63,661 Cr2,58,155 Cr2,56,632 Cr2,59,915 Cr2,72,419 Cr2,77,529 Cr2,78,189 Cr2,70,725 Cr2,71,328 Cr2,46,357 Cr2,70,577 Cr2,69,184 Cr2,76,784 Cr2,85,667 Cr
hybrid26,244 Cr26,224 Cr25,684 Cr25,562 Cr25,527 Cr25,107 Cr24,857 Cr24,190 Cr24,383 Cr24,179 Cr23,740 Cr23,497 Cr23,275 Cr22,822 Cr23,221 Cr23,834 Cr24,102 Cr24,206 Cr26,463 Cr26,957 Cr26,945 Cr27,921 Cr29,167 Cr29,389 Cr29,773 Cr29,937 Cr30,906 Cr31,741 Cr33,310 Cr34,970 Cr35,771 Cr36,853 Cr36,542 Cr37,217 Cr37,610 Cr37,126 Cr36,004 Cr37,373 Cr38,489 Cr39,353 Cr40,551 Cr40,935 Cr41,245 Cr41,604 Cr43,318 Cr44,327 Cr44,184 Cr44,344 Cr44,550 Cr41,700 Cr43,631 Cr43,678 Cr44,512 Cr44,760 Cr
debt57,244 Cr65,343 Cr64,013 Cr58,495 Cr66,466 Cr66,819 Cr62,994 Cr58,920 Cr62,105 Cr57,752 Cr52,461 Cr56,308 Cr60,114 Cr49,370 Cr59,723 Cr64,252 Cr57,965 Cr67,294 Cr62,044 Cr53,009 Cr56,497 Cr58,989 Cr54,073 Cr58,852 Cr62,400 Cr50,125 Cr60,652 Cr65,429 Cr58,871 Cr62,347 Cr58,739 Cr57,431 Cr69,811 Cr67,203 Cr63,425 Cr71,275 Cr67,338 Cr61,736 Cr71,270 Cr66,739 Cr67,224 Cr75,869 Cr71,942 Cr67,508 Cr75,792 Cr74,686 Cr67,187 Cr71,727 Cr74,449 Cr59,515 Cr76,835 Cr76,015 Cr66,835 Cr68,411 Cr
commodities629 Cr618 Cr651 Cr653 Cr673 Cr658 Cr694 Cr722 Cr777 Cr815 Cr818 Cr788 Cr753 Cr761 Cr798 Cr804 Cr819 Cr834 Cr834 Cr848 Cr903 Cr910 Cr967 Cr993 Cr1,034 Cr1,107 Cr1,061 Cr1,113 Cr1,242 Cr1,218 Cr1,408 Cr1,560 Cr1,666 Cr1,620 Cr1,625 Cr1,763 Cr1,881 Cr2,031 Cr2,181 Cr2,129 Cr2,229 Cr2,370 Cr2,517 Cr3,198 Cr3,677 Cr3,993 Cr4,657 Cr6,538 Cr6,049 Cr5,427 Cr5,586 Cr5,862 Cr5,336 Cr5,448 Cr
Total2,16,491 Cr2,23,499 Cr2,19,208 Cr2,20,282 Cr2,28,288 Cr2,26,198 Cr2,38,862 Cr2,32,207 Cr2,42,802 Cr2,42,929 Cr2,33,813 Cr2,33,694 Cr2,35,444 Cr2,23,777 Cr2,41,270 Cr2,53,178 Cr2,54,697 Cr2,68,949 Cr2,64,490 Cr2,59,086 Cr2,58,723 Cr2,73,675 Cr2,82,912 Cr2,86,922 Cr2,93,686 Cr2,86,478 Cr3,04,093 Cr3,12,904 Cr3,25,385 Cr3,41,220 Cr3,44,126 Cr3,51,806 Cr3,51,534 Cr3,50,478 Cr3,42,437 Cr3,45,684 Cr3,25,482 Cr3,37,640 Cr3,58,603 Cr3,62,633 Cr3,73,665 Cr3,77,329 Cr3,72,337 Cr3,72,225 Cr3,95,207 Cr4,00,535 Cr3,94,217 Cr3,93,335 Cr3,96,376 Cr3,53,000 Cr3,96,629 Cr3,94,739 Cr3,93,467 Cr4,04,286 Cr

AMC Details

AMC
UTI Mutual Fund
CEO
Vetri Subramaniam(Managing Director and Chief Executive Officer)
IRO
Somervel Gladston
Trustee
UTI Trustee Company Pvt Ltd
Address
UTI Tower, Plot C-1, GN Block,, Banrda Kurla Complex, Bandra (East) , Mumbai

Frequently Asked Questions

What is the current NAV of UTI Innovation Fund Direct-Growth?
The current NAV of UTI Innovation Fund Direct-Growth is ₹12.20 as of 6 Sep 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of UTI Innovation Fund Direct-Growth?
The AUM (Assets Under Management) of UTI Innovation Fund Direct-Growth is ₹789.89 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of UTI Innovation Fund Direct-Growth?
The expense ratio of UTI Innovation Fund Direct-Growth is 1.22% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of UTI Innovation Fund Direct-Growth?
UTI Innovation Fund Direct-Growth is managed by Nitin Jain. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of UTI Innovation Fund Direct-Growth?
The benchmark of UTI Innovation Fund Direct-Growth is NIFTY 500 Total Return Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was UTI Innovation Fund Direct-Growth launched?
UTI Innovation Fund Direct-Growth was launched on 17 Oct 2023. The fund has been in existence for 2 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in UTI Innovation Fund Direct-Growth?
The minimum investment in UTI Innovation Fund Direct-Growth is ₹5,000 for a lump sum and ₹500 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on UTI Innovation Fund Direct-Growth?
UTI Innovation Fund Direct-Growth has an exit load — Exit load of 1%, if redeemed within 12 months.. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does UTI Innovation Fund Direct-Growth belong to?
UTI Innovation Fund Direct-Growth belongs to the Equity: Thematic-Innovation category. You can view other funds in this category.