UTI-Innovation Fund – Direct (IDCW)

Min Lumpsum
1 %
Expense Ratio
Fund Size (in Cr)
2 Months
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Max: 1 yrs
  • Invested Amount
  • Wealth Gained
  • Expected Amount

Scheme Performance

Returns and Ranks ( as on 01 December 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns - - - 5.5%
Category Average 14.2% 20% 16% -

Scheme Allocation

By Holding
By Sector
By Asset
View all Holdings
Holdings Sector Instrument Asset
One 97 E-Commerce/App based Aggregator Equity 4.41%
Syngene Intl. Pharmaceuticals Equity 4.06%
Info Edg.(India) E-Commerce/App based Aggregator Equity 4%
PB Fintech. IT - Software Equity 3.84%
Zomato Ltd E-Commerce/App based Aggregator Equity 3.64%
Latent View IT - Software Equity 3.41%
Indiamart Inter. E-Commerce/App based Aggregator Equity 2.99%
MTAR Technologie Engineering Equity 2.53%
L&T Technology IT - Software Equity 2.5%
P I Industries Agro Chemicals Equity 2.23%
FSN E-Commerce E-Commerce/App based Aggregator Equity 2.08%
Route Mobile IT - Software Equity 2.05%
Nazara Technolo. IT - Software Equity 2.01%
Praj Industries Capital Goods-Non Electrical Equipment Equity 1.85%
KPIT Technologi. IT - Software Equity 1.77%
Tata Elxsi IT - Software Equity 1.69%
Borosil Renew. Glass & Glass Products Equity 1.68%
Affle India IT - Software Equity 1.63%
Happiest Minds IT - Software Equity 1.37%
C.E. Info System IT - Software Equity 1.07%
Delhivery Logistics Equity 1.01%
Clean Science Chemicals Equity 0.94%
Rategain Travel IT - Software Equity 0.53%
View all Sectors
Sectors Asset
Net Curr Ass/Net Receivables
Fixed Deposit

Advance Ratio


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.


Peer Comparison

Fund Name

AMC Contact Details

UTI Mutual Fund
2,66,924 Cr
UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051
Email ID:

Frequently Asked Questions

How to invest in UTI-Innovation Fund – Direct (IDCW) ?

You can invest in UTI-Innovation Fund – Direct (IDCW) 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 (IDCW) 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 (IDCW) ?

The NAV of UTI-Innovation Fund – Direct (IDCW) is ₹10.5 as of 01 December 2023.

How to redeem UTI-Innovation Fund – Direct (IDCW) 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 (IDCW)?

The minimum SIP amount of UTI-Innovation Fund – Direct (IDCW) is ₹500

How can I redeem my investments in UTI-Innovation Fund – Direct (IDCW)?

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 (IDCW) in Scheme, enter the redemption amount, and click on submit button.

How much returns have UTI-Innovation Fund – Direct (IDCW) generated ?

The UTI-Innovation Fund – Direct (IDCW) has delivered 5.5% since inception

What is the expense ratio of UTI-Innovation Fund – Direct (IDCW) ?

The expense ratio of UTI-Innovation Fund – Direct (IDCW) is 1 % as of 01 December 2023.

What is the AUM of UTI-Innovation Fund – Direct (IDCW)?

The AUM of UTI-Innovation Fund – Direct (IDCW) is ₹2,66,924 Cr as of 01 December 2023

What are the top stock holdings of UTI-Innovation Fund – Direct (IDCW)?

The top stock holdings of UTI-Innovation Fund – Direct (IDCW) are
  1. One 97 - 4.41%
  2. Syngene Intl. - 4.06%
  3. Info Edg.(India) - 4%
  4. PB Fintech. - 3.84%
  5. Zomato Ltd - 3.64%

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

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