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UTI Innovation Fund - Direct Plan - Growth Option is an equity scheme managed by UTI Mutual Fund. It has ranked in the top half of its category for 0 of the last 2 reported years. The total expense ratio is 0.99% on assets of ₹740Cr. The fund is currently managed by Mr. Nitin Jain, appointed within the last year.
Lower is better.
This scheme classifies as Large-Growth on the 3x3 equity style box, with 76% of its portfolio classified as of 2026-05-29.
| Holding | Sector |
|---|
| Window | Min | P25 | Median |
|---|
Point-in-time CAGRs cherry-pick a single start date. The chart below shows the distribution of every possible rolling start over the fund's history, so you see the range of investor outcomes — not just one date's number.
Backtested SIP outcomes across both rolling-window scenarios and named historical stress events (COVID, Election uncertainty, Russia/Ukraine, etc.), plus per-manager alpha during their tenure on this scheme.
Same fund, monthly SIPs over rolling 1/3/5-year windows.
| Scheme | AMC | AUM | TER | 3Y |
|---|
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not indicative of future results. MintByte is an AMFI-registered Mutual Fund Distributor (ARN-314872) and APMI member (APRN-01658). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Star ratings on this page reflect a 3-year category-quartile position computed in-house and are educational only.
Mutual fund schemes are subject to market risk. Read all scheme-related documents carefully before investing. Past performance is not indicative of future results. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.
In-house derivations using 3-year daily NAV vs benchmark. See methodology.
| Weight |
|---|
| MTAR TECHNOLOGIES LIMITED | Industrials | 7.67% |
| AFFLE (INDIA) LIMITED | Technology | 5.51% |
| DELHIVERY LIMITED | Industrials | 4.38% |
| PB FINTECH LIMITED | Financial Services | 4.14% |
| RATEGAIN TRAVEL TECHNOLOGIES LIMITED | Technology | 4.11% |
| FSN E-COMMERCE VENTURES LIMITED | Consumer Cyclical | 3.86% |
| GRAVITA INDIA LIMITED | Basic Materials | 3.57% |
| INDIAMART INTERMESH LIMITED | Consumer Cyclical | 3.57% |
| PRAJ INDUSTRIES LIMITED | Industrials | 3.46% |
| KPIT TECHNOLOGIES LIMITED | Technology | 3.30% |
| SUZLON ENERGY LIMITED | Industrials | 3.14% |
| CLEAN SCIENCE AND TECHNOLOGY LIMITED | Basic Materials | 3.13% |
| NEWGEN SOFTWARE TECHNOLOGIES LTD. | Technology | 2.84% |
| YATRA ONLINE LIMITED | Consumer Cyclical | 2.68% |
| AWFIS SPACE SOLUTIONS PRIVATE LIMITED | Industrials | 2.51% |
| LATENT VIEW ANALYTICS LIMITED | Technology | 1.96% |
| C.E. INFO SYSTEMS LIMITED | Technology | 1.87% |
| Swiggy Pvt Ltd | Consumer Cyclical | 1.80% |
| L&T TECHNOLOGY SERVICES LIMITED | Technology | 1.41% |
| FRACTAL ANALYTICS PRIVATE LIMITED | Technology | 1.19% |
| HAPPIEST MINDS TECHNOLOGIES LIMITED | Technology | 1.15% |
| Sector | Holdings | Weight |
|---|---|---|
| Consumer Services | — | 30.01% |
| Information Technology | — | 23.34% |
| Capital Goods | — | 14.27% |
| Financial Services | 1 | 9.45% |
| Services | — | 6.89% |
| Healthcare | — | 3.93% |
| Metals & Mining | — | 3.57% |
| Chemicals | — | 3.13% |
| Media, Entertainment & Publication | — | 2.69% |
Active bets vs the average Equity fund. Biggest deviations shown first.
Accent bar = fund's actual sector weight. Vertical black tick = category average for the same sector. Green overlay = overweight, dashed red = underweight. The biggest active bets show first.
How crowded into the same stocks is this fund vs the largest fund in its category?
Category leader = highest-AUM scheme in the same SEBI category. A high overlap-of-weight number means the fund is concentrated into the same names as the leader (crowded); a low one means it's genuinely differentiated.
| P75 |
|---|
| Max |
|---|
| Positive % |
|---|
| 1Y | -12.73% | -5.63% | -1.51% | 4.33% | 29.07% | 40.5% |
Each cell is one year. Q1 = top quartile within the AMFI category for that period. Cell label is the last two digits of the year.
Top-10 weight 43.6% means the portfolio is broad — even the top names don't dominate. Effective-N is the inverse Herfindahl index — a measure of "how many positions effectively drive the fund" after weighting. Category: Equity.
Compounding maths on a notional ₹10 lakh lumpsum at 12% gross annual return. Green bar is what you'd have without the fee; red overlay is the fee drag. Fee is constant in this scenario — actual outcomes depend on real returns and any future TER changes.
What an investor SIPping into this fund actually got during named market shocks.
Each row is a back-tested SIP — monthly contribution over the regime's duration, no fees adjustment beyond NAV-baked TER. XIRR is the annualised IRR of those cashflows; Abs return is the absolute cash-on-cash; Max DD is the deepest drawdown experienced mid-investment. Past performance is not indicative of future results.
Alpha is the annualised excess return vs benchmark over the manager's tenure on this scheme. Beat-benchmark = total return beat the index over the same window.
| 5Y |
|---|
| Star |
|---|
| Kotak Pioneer Fund- Direct Plan- Growth Option | Kotak Mahindra Mutual Fund | ₹3,495 Cr | 0.52% | +21.53% | +16.98% | 5★ |
| Axis Innovation Fund - Direct Plan - Growth Option | Axis Mutual Fund | ₹1,178 Cr | 1.18% | +15.70% | +12.57% | 4★ |
| Baroda BNP Paribas Innovation Fund Direct plan - IDCW Option | Baroda BNP Paribas Mutual Fund | ₹870 Cr | 1.05% | — | — | 3★ |
| Bandhan Innovation Fund - Direct Plan - Growth | Bandhan Mutual Fund | ₹2,102 Cr | 2.31% | — | — | 4★ |
| SBI Innovative Opportunities Fund - Direct Plan - Growth | SBI Mutual Fund | ₹4,988 Cr | 0.94% | — | — | 1★ |
| HDFC INNOVATION FUND - DIRECT PLAN - GROWTH OPTION | HDFC Mutual Fund | ₹2,621 Cr | 0.75% | — | — | — |
| Union Innovation & Opportunities Fund - Direct Plan - IDCW Option | Union Mutual Fund | ₹1,105 Cr | 0.80% | — | — | 3★ |
| Union Innovation & Opportunities Fund - Direct Plan - Growth Option | Union Mutual Fund | ₹1,105 Cr | 0.80% | — | — | 3★ |
| Baroda BNP Paribas Innovation Fund Direct plan - Growth Option | Baroda BNP Paribas Mutual Fund | ₹870 Cr | 1.05% | — | — | 3★ |