Tata India Innovation Fund
NAV
₹10.55
as of 21 Aug 2026
Tata India Innovation Fund is an open-ended Sectoral/ Thematic scheme from Tata Mutual Fund managing ₹1,368 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹10.55 as of 21 Aug 2026. The expense ratio is 0.59% a year. Managed by Meeta Shetty. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.59% / yr
- as of 30 Jun 2026
- Fund size
- ₹1,368 crore
- as of 31 Jul 2026
- Exit load
- 0.5%
- SIP available
- Yes
- Launched
- 28 Nov 2024
- ISIN
- INF277KA1CU2
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty 500 TRI
Tata India Innovation Fund
₹105
+5% on ₹100 over 1.7 yrs
Sectoral/ Thematic average
₹120
+20% on ₹100 over 1.7 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 8.99% | – | – |
| 6 months | 9.19% | – | – |
| 1 year | 4.49% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -1.9%
- Median
- 1.9%
- Best
- 8.4%
10 windows over the last 21 months, stepped monthly; 80% ended positive. Worst window began 1 Apr 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Right now
-0.4% below peak
Where the money actually is
Equity
95.3%
Cash
4.7%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
63 positions · top 10 = 32.5%
Market-cap mix
Large 47.3%Mid 15.7%Small 31.4%Other 5.6%
as of 31 Jul 2026
Holdings by sector
Financial Services(3 in top 10)23.5%
- ICICI Bank Ltd5.01%
- HDFC Bank Ltd3.15%
- Axis Bank Ltd3.11%
Consumer Cyclical(1 in top 10)23.4%
- Eternal Ltd2.65%
Healthcare(1 in top 10)16.8%
- Apollo Hospitals Enterprise Ltd3.34%
Technology(1 in top 10)10.7%
- Tech Mahindra Ltd2.68%
Industrials(1 in top 10)5.9%
- Adani Ports & Special Economic Zone Ltd3.21%
Communication Services(1 in top 10)4.4%
- Bharti Airtel Ltd3.24%
Energy(1 in top 10)4.3%
- Reliance Industries Ltd3.51%
- Basic Materials3.4%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 3.3% a year.
Other top holdings
- Cash / Net Current Asset2.81%
The businesses it owns
- P/E (trailing)
- 24.1
- P/B
- 4.0
- Dividend yield
- 0.9%
- Net margin
- 13.7%
- Earnings growth
- 12.4%
- Avg market cap
- ₹1.17 lakh crore
Money in, money out
- Net flow, 12 months
- −₹410 cr
- Net flow, 3 months
- −₹130 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Tata India Innovation Fund?
- ₹10.55 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Tata India Innovation Fund?
- 0.59% a year for the Direct plan, as of 30 Jun 2026.
- How large is Tata India Innovation Fund?
- ₹1,368 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is Tata India Innovation Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- Who manages Tata India Innovation Fund?
- Meeta Shetty, managing this fund for 1.7 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- Tata Digital India Fund₹10,214 crore
- Tata Ethical Fund₹3,865 crore
- Tata Resources & Energy Fund₹1,421 crore
- UTI - Healthcare Fund₹1,371 crore
- ICICI Prudential ESG Exclusionary Strategy Fund₹1,365 crore
- Mahindra Manulife Business Cycle Fund₹1,357 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty 500 TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.