Sectoral/Thematic: Innovation
At least 80% in a particular sector or theme. Shown here: the 13 schemes MFIC groups under “Innovation” (a grouping from scheme names, not an AMFI category). This page lists every Sectoral/Thematic scheme in this group (Regular plan, growth option) with its returns, rolling-return consistency and risk, calculated from AMFI NAVs as of 2 Oct 2026.
| Scheme | NAV (₹) | AUM (₹ cr) | TER | 1Y | 3Y CAGR | 5Y CAGR | 3Y rolling median | 3Y rolling worst | 3Y beat-rate | Std dev | Max DD 5Y | History |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Innovation Fund Axis Mutual Fund | 21.11 | 1,350 | 2.29% | 12.2% | 16.7% | 10.2% | 14.9% | 7.1% | 35% | 14.7% | −24.3% | 5.8 y |
| BANDHAN INNOVATION FUND Bandhan Mutual Fund | 15.06 | 3,079 | n/a | 15.3% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.4 y |
| Baroda BNP Paribas Innovation Fund Baroda BNP Paribas Mutual Fund | 13.14 | 859 | 2.51% | 7.7% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.6 y |
| HDFC INNOVATION FUND HDFC Mutual Fund | 11.43 | 3,152 | n/a | 13.2% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.2 y |
| ICICI Prudential Innovation Fund ICICI Prudential Mutual Fund | 18.48 | 7,549 | n/a | 0.0% | 16.1% | n/a | 19.8% | 16.1% | 100% | 15.5% | n/a | 3.4 y |
| Kotak Pioneer Fund Kotak Mahindra Mutual Fund | 34.56 | n/a | n/a | 7.6% | 18.1% | 13.6% | 20.2% | 12.6% | 88% | 15.3% | −22.5% | 6.9 y |
| Mahindra Manulife Innovation Opportunities Fund Mahindra Manulife Mutual Fund | 10.39 | 257 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.7 y |
| Motilal Oswal Innovation Opportunities Fund Motilal Oswal Mutual Fund | 14.19 | 856 | 2.58% | 11.1% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.6 y |
| Nippon India Innovation Fund Nippon India Mutual Fund | 14.12 | 2,923 | n/a | -2.1% | 11.5% | n/a | 13.2% | 11.5% | 100% | 17.0% | n/a | 3.1 y |
| SBI Innovative Opportunities Fund SBI Mutual Fund | 10.21 | 5,125 | n/a | 4.7% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.1 y |
| Tata India Innovation Fund Tata Mutual Fund | 9.65 | 1,245 | n/a | -0.7% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.8 y |
| Union Innovation & Opportunities Fund Union Mutual Fund | 15.44 | 1,307 | 2.35% | 7.1% | 15.9% | n/a | n/a | n/a | n/a | 17.9% | n/a | 3.0 y |
| UTI Innovation Fund UTI Mutual Fund | 10.76 | 768 | 2.42% | -6.8% | n/a | n/a | n/a | n/a | n/a | 21.1% | n/a | 3.0 y |
Returns are from NAVs (after expenses, before tax); 3Y and 5Y are annualised. Rolling figures use every business-day start date in the scheme's history; beat-rate is the share of 3-year windows ahead of Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return). Std dev is annualised over 36 months. AUM is the whole scheme (all plans) and TER is for the plan shown, both as disclosed to AMFI. "n/a" means the scheme's history is too short or the data is still loading. Listed alphabetically; no order of preference is implied. Full definitions: MFIC methodology.
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