Tata India Innovation Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 21-02-2025
₹ 8.95
▲0.4%
1D
Inception Returns
/yr
About Tata India Innovation Fund Direct Growth
Tata India Innovation Fund Direct Growth is an equity fund. This fund was started on 28 November, 2024. The fund is managed by Meeta Shetty. The fund could potentially beat inflation in the long-run.
Key Parameters
- Tata India Innovation Fund Direct Growth has ₹1677 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Tata India Innovation Fund Direct Growth has given a CAGR return of -10.21% since inception.
Holdings
Tata India Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Financial Services, Health, Industrial, Communication, Basic Materials, Energy. Its top holdings are Amber Enterprises India Ltd Ordinary Shares, Tech Mahindra Ltd, Tata Consultancy Services Ltd, PB Fintech Ltd, Zomato Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Tata India Innovation Fund Direct Growth
The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Tata India Innovation Fund Direct Growth has no lock in period.
Historical NAV & Returns
Tata India Innovation Fund Direct Growth Overview
| Expense ratio | 0.49% |
Benchmark | Nifty 500 TRI |
| AUM | ₹1677 Cr |
| Inception Date | 28 November, 2024 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Finance Ltd | 13.4% |
 SBI Cards & Payment Services Ltd | 12.7% |
 Zensar Technologies Ltd | 7.2% |
Tata India Innovation Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹1677 Cr
Expense Ratio 0.49%
Frequently Asked Questions for Tata India Innovation Fund Direct Growth
Tata India Innovation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.25% | -7.25% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata India Innovation Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata India Innovation Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata India Innovation Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata India Innovation Fund Direct Growth | - | - | - |