UTI-Innovation Fund – Direct Growth

₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.96 %
Expense Ratio
Rating
620
Fund Size (in Cr)
7 Months
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 26 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns - - - 7.6%
Category Average 40.3% 20.7% 17.8% -

Scheme Allocation

By Holding
By Sector
By Asset
6.66%
6.49%
Others
71.01%
View all Holdings
Holdings Sector Instrument Asset
Zomato Ltd E-Commerce/App based Aggregator Equity 6.66%
PB Fintech. IT - Software Equity 6.49%
Info Edg.(India) E-Commerce/App based Aggregator Equity 5.88%
FSN E-Commerce E-Commerce/App based Aggregator Equity 5.43%
Praj Industries Capital Goods-Non Electrical Equipment Equity 4.53%
KPIT Technologi. IT - Software Equity 4.44%
Indiamart Inter. E-Commerce/App based Aggregator Equity 4.4%
L&T Technology IT - Software Equity 4.14%
Delhivery Logistics Equity 4.1%
Syngene Intl. Pharmaceuticals Equity 4.07%
Yatra Online E-Commerce/App based Aggregator Equity 4.05%
C.E. Info System IT - Software Equity 4.05%
Route Mobile IT - Software Equity 3.99%
Latent View IT - Software Equity 3.93%
Rategain Travel IT - Software Equity 3.91%
Clean Science Chemicals Equity 3.9%
Affle India IT - Software Equity 3.69%
Nazara Technolo. IT - Software Equity 3.5%
Tata Elxsi IT - Software Equity 3.45%
Happiest Minds IT - Software Equity 2.74%
P I Industries Agro Chemicals Equity 2.73%
Borosil Renew. Glass & Glass Products Equity 1.35%
One 97 E-Commerce/App based Aggregator Equity 1.21%
MTAR Technologie Aerospace & Defence Equity 1.16%
IT-Software
21.96%
Retailing
20.92%
IT-Services
7.9%
Financial Technology (Fin
7.9%
Cash & Others
7.31%
Others
34.01%
View all Sectors
Sectors Asset
IT-Software 21.96%
Retailing 20.92%
IT-Services 7.9%
Financial Technology (Fin 7.9%
Cash & Others 7.31%
Transport Services 4.32%
Leisure Services 4.27%
Telecom-Services 3.95%
Industrial Manufacturing 3.92%
Healthcare Services 3.73%
Entertainment 3.69%
Chemicals & Petrochemical 3.55%
Fertilisers & Agrochemica 2.57%
Industrial Products 1.45%
Aerospace & Defense 1.31%
Debt 0.75%
Others 0.48%
Equity
93.8%
Net Curr Ass/Net Receivables
5.29%
T-Bills
0.76%
Fixed Deposit
0.16%

Advance Ratio

0.6
Alpha
3.66
SD
0.35
Beta
1.39
Sharpe

Exit Load

Exit Load 1.00% - If redeemed / switched out within 12 months from the date of allotment. Nil - thereafter

Fund Objective

The scheme intends to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Managers

Ankit Agarwal

After acquiring his B.Tech degree in computer science from the Indian Institute of Technology (IIT), Delhi, Mr. Ankit Agarwal went to the Indian Institute of Management(IIM) at Ahmedabad and subsequently earned a Master’s degree in Business Administration (MBA). With his strong education qualifications, he was hired by Deutsche Bank. He worked in credit trading for more than six years, initially as an associate and later as the vice president. He later worked at Bank of America as the Director and vice president, gaining immense experience in the banking segment. In December 2018, he co-founded Navi, a financial services company, and has since served as its CFO.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

UTI Mutual Fund
AUM:
2,90,993 Cr
Address:
UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051
Contact:
66786666
Email ID:
service@uti.co.in

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Frequently Asked Questions

How to invest in UTI-Innovation Fund – Direct Growth ?

You can invest in UTI-Innovation Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for UTI-Innovation Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of UTI-Innovation Fund – Direct Growth ?

The NAV of UTI-Innovation Fund – Direct Growth is ₹10.7 as of 26 April 2024.

How to redeem UTI-Innovation Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of UTI-Innovation Fund – Direct Growth?

The minimum SIP amount of UTI-Innovation Fund – Direct Growth is ₹500

What are the top sectors UTI-Innovation Fund – Direct Growth has invested in?

The top sectors UTI-Innovation Fund – Direct Growth has invested in are
  1. IT-Software - 21.96%
  2. Retailing - 20.92%
  3. IT-Services - 7.9%
  4. Financial Technology (Fin - 7.9%
  5. Cash & Others - 7.31%

Can I make investments in both the SIP and Lump Sum schemes of UTI-Innovation Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of UTI-Innovation Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have UTI-Innovation Fund – Direct Growth generated ?

The UTI-Innovation Fund – Direct Growth has delivered 7.6% since inception

What is the expense ratio of UTI-Innovation Fund – Direct Growth ?

The expense ratio of UTI-Innovation Fund – Direct Growth is 0.96 % as of 26 April 2024.

What is the AUM of UTI-Innovation Fund – Direct Growth?

The AUM of UTI-Innovation Fund – Direct Growth is ₹2,90,993 Cr as of 26 April 2024

What are the top stock holdings of UTI-Innovation Fund – Direct Growth?

The top stock holdings of UTI-Innovation Fund – Direct Growth are
  1. Zomato Ltd - 6.66%
  2. PB Fintech. - 6.49%
  3. Info Edg.(India) - 5.88%
  4. FSN E-Commerce - 5.43%
  5. Praj Industries - 4.53%

How can I redeem my investments in UTI-Innovation Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select UTI-Innovation Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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