UTI Innovation Fund Regular - IDCW
Unrated
NAV as of Jan 17, 2025
11.770.10%
(Earn upto 1.42% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
2.29%(1.49% Category
average)Fund Size:
Rs. 872.68 Cr(0.44% of Investment in Category)
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UTI Innovation Fund Regular - IDCW
Unrated
NAV as of Jan 17, 2025
11.770.10%
Expense Ratio:
2.29%
Fund Size:
Rs. 872.68 Cr
Fund Category:
Equity: Thematic
UTI Innovation Fund Regular - IDCW Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the UTI Innovation Fund - Regular Plan as of Jan 17, 2025 is Rs 11.77 for IDCW option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 9.45% (1yr) and 13.78% (since launch). Whereas, Category returns for the same time duration are: 16.438425457317543% (1yr), 15.142478183172638% (3yr) and 20.44248586736498% (5yr).
3. Fund Size: The UTI Innovation Fund - Regular Plan currently holds Assets under Management worth of Rs 872.6809 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 2.27% for Regular plan as on Dec 31, 2024.
5. Exit Load: UTI Innovation Fund - Regular Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 12 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
1. Current NAV: The Current Net Asset Value of the UTI Innovation Fund - Regular Plan as of Jan 17, 2025 is Rs 11.77 for IDCW option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 9.45% (1yr) and 13.78% (since launch). Whereas, Category returns for the same time duration are: 16.438425457317543% (1yr), 15.142478183172638% (3yr) and 20.44248586736498% (5yr).
3. Fund Size: The UTI Innovation Fund - Regular Plan currently holds Assets under Management worth of Rs 872.6809 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 2.27% for Regular plan as on Dec 31, 2024.
5. Exit Load: UTI Innovation Fund - Regular Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 12 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
UTI Innovation Fund Regular - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -8.54 -7.58 -1.57 9.45 - - Category Avg -6.61 -7.82 -7.85 16.44 15.14 20.44 Rank within Category 91 43 14 53 - - No. of funds within Category 105 98 78 57 26 15 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 500 Total Return Index
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UTI Innovation Fund Regular - IDCW Fund Details
Investment Objective - The scheme seeks to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments.
| Fund House | UTI Mutual Fund |
| Launch Date | Oct 13, 2023 |
| Benchmark | NIFTY 500 Total Return Index |
| Return Since Launch | 13.78% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
UTI Innovation Fund Regular - IDCW Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 500.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load Exit load of 1%, if redeemed within 12 months. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| DEC 2024 | NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 28 | 28 | 28 | 29 | 29 | 28 |
| Top 5 Company Holdings | 34.19% | 33.96% | 30.65% | 30.79% | 31.08% | 31.22% |
| Top 10 Company Holdings | 55.03% | 55.32% | 52.62% | 52.97% | 51.91% | 53.2% |
| Company with Highest Exposure | PB Fintech (8.26%) | Zomato (8.42%) | PB Fintech (6.99%) | Info Edge (India) (6.99%) | PB Fintech (7.19%) | Zomato (6.82%) |
| Number of Sectors | 8 | 7 | 7 | 7 | 7 | 6 |
| Top 3 Sector Holdings | 83.2% | 82.92% | 82.54% | 81.2% | 80.79% | 82.86% |
| Top 5 Sector Holdings | 90.15% | 90.04% | 89.82% | 90.87% | 90.29% | 93.06% |
| Sector with Highest Exposure | Services (42.99%) | Services (41.25%) | Services (39.03%) | Services (38.24%) | Services (38.47%) | Services (38.5%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Info Edge (India) Services 6.99 214.70 36.09 51.66 Zomato Services 6.87 - - - PB Fintech Services 6.4 - - - Praj Industries Capital Goods 5.3 59.40 13.41 53.76 FSN E-Commerce Ventures Services 5.23 - - - KPIT Technologies Technology 4.83 - - - Affle (India) Technology 4.79 - - - Indiamart Services 4.43 - - - CE Info Systems Technology 4.08 - - - RateGain Travel Technology 4.05 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y UTI Innovation Fund Regular - IDCW 11.77 Unrated 872.68 -8.54 9.45 - - Edelwei Nifty 100 Quality 30 Index Fund Regular - IDCW 13.79 144.83 -4.31 9.18 11.14 - DSP Quant Fund Regular-IDCW 18.40 Unrated 1,045.60 -5.37 8.51 4.79 12.92 Motilal Oswal Business Cycle Fund Regular-IDCW 11.81 Unrated 1,798.62 -11.12 - - - Kotak Manufacture in India Fund Regular - IDCW 17.80 Unrated 2,482.05 -4.35 22.51 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- N.J.Nitin JainSince Oct 20241 schemes
- A.A.Ankit AgarwalSince Sep 20232 schemes
Mr. Jain holds a Bachelor of Engineering Degree and is also MMS. Has been associated with SBIMF since 2004. Earlier,he was with IDBI Capital Market Services Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y UTI Small Cap Fund Regular-IDCW Small Cap 25.43 4,722.21 19.46 Mr. Agarwal has done B. Tech. Computer Science and Engg., Economics Management, PGDM Finance. Prior to joining UTI Mutual Fund he has worked with Centrum Capital Ltd as Senior Vice President - Fund Manager, Wealth and Investment Management at Barclays as Asst Vice President, Lehman Brothers, London as Senior analyst, BNP Paribas and D. E. Shaw & Co..
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y UTI Small Cap Fund Regular-IDCW Small Cap 25.43 4,722.21 19.46 UTI Mid Cap Fund Regular Plan-IDCW Mid Cap 136.76 11,996.94 16.21
More UTI Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| UTI Flexi Cap Fund Regular Plan-Growth | 26,298.15 | -0.08 | -4.86 | 4.79 | 15.17 | 6.05 | |
| UTI Liquid Regular Plan-Growth | 25,219.14 | 0.59 | 1.74 | 3.54 | 7.33 | 6.39 | |
| UTI Liquid Discontinued Regular Plan-Growth | 25,219.14 | 0.59 | 1.70 | 3.36 | 6.88 | 5.87 | |
| UTI Nifty 50 Index Fund Regular Plan-Growth | 20,082.74 | -1.63 | -7.88 | -1.36 | 10.05 | 11.90 | |
| UTI Money Market Fund Regular Plan-Growth | 16,371.64 | 0.64 | 1.81 | 3.72 | 7.70 | 6.69 | |
| UTI Money Market Fund Discontinued-Growth | 16,371.64 | 0.64 | 1.77 | 3.55 | 7.25 | 6.19 | |
| UTI Large Cap Fund Regular Plan-Growth | 13,809.22 | -1.10 | -7.87 | -1.31 | 11.83 | 9.83 | |
| UTI Mid Cap Fund Regular Plan-Growth | 12,029.01 | 0.06 | -5.73 | 2.07 | 23.45 | 17.06 | |
| UTI Value Fund Regular Plan-Growth | 10,159.11 | -2.08 | -7.44 | 1.72 | 23.41 | 17.72 | |
| UTI Nifty200 Momentum 30 Index Fund Regular - Growth | 8,333.77 | -3.66 | -12.61 | -7.42 | 20.67 | 16.96 |
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About UTI Innovation Fund Regular - IDCW
1. UTI Innovation Fund - Regular Plan is Open-ended Thematic Equity scheme which belongs to UTI Mutual Fund House.
2. The fund was launched on Oct 13, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 95.61% in equities, 0.59% in debts and 3.8% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 52.96999999999999% of the assets, the top 3 sectors constitute around 83.2% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on UTI Innovation Fund Regular - IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. UTI Innovation Fund - Regular Plan is Open-ended Thematic Equity scheme which belongs to UTI Mutual Fund House.
2. The fund was launched on Oct 13, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 95.61% in equities, 0.59% in debts and 3.8% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 52.96999999999999% of the assets, the top 3 sectors constitute around 83.2% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on UTI Innovation Fund Regular - IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about UTI Innovation Fund Regular - IDCW
- Is it safe to invest in UTI Innovation Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the UTI Innovation Fund - Regular Plan comes under Very High risk category.
- What is the category of UTI Innovation Fund - Regular Plan?UTI Innovation Fund - Regular Plan belongs to the Equity : Thematic category of funds.
- How Long should I Invest in UTI Innovation Fund - Regular Plan?The suggested investment horizon of investing into UTI Innovation Fund - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the UTI Innovation Fund - Regular Plan?The UTI Innovation Fund - Regular Plan is managed by Nitin Jain (Since Oct 01, 2024) and Ankit Agarwal (Since Sep 25, 2023).
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