UTI Innovation Fund
UTI Mutual Fund · Sectoral/Thematic · Regular plan, growth option
NAV (₹), 1 Oct 2026
10.7565
1-day change
-1.69%
1Y return
-6.8%
3Y CAGR
n/a
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 18 Oct 2023 to 1 Oct 2026
Returns vs Sectoral/Thematic median (259 schemes) and “Innovation” median (13)
| Period | Scheme | Category median | Innovation median |
|---|---|---|---|
| 1 month | -9.2% | -5.4% | -5.0% |
| 3 months | -1.9% | -3.1% | -0.3% |
| 6 months | 17.5% | 8.5% | 18.7% |
| Year to date | -6.3% | -2.6% | 6.1% |
| 1 year | -6.8% | 0.0% | 7.3% |
| 3 years (CAGR) | n/a | 11.7% | 16.1% |
| 5 years (CAGR) | n/a | 10.6% | 11.9% |
| 7 years (CAGR) | n/a | 15.7% | n/a |
| 10 years (CAGR) | n/a | 13.3% | n/a |
| Since first NAV (CAGR) | 2.4% | – | – |
“Innovation” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | -2.5% | 9.8% |
| 3Y rolling median | n/a | 15.6% |
| 3Y rolling worst | n/a | 0.6% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | 71% |
| 5Y rolling median | n/a | 14.2% |
| 5Y rolling worst | n/a | 0.3% |
| 5Y periods ahead of benchmark | n/a | 70% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 21.1% | 16.7% |
| Sharpe ratio | -0.18 | 0.34 |
| Sortino ratio | -0.26 | 0.51 |
| Beta | 1.08 | 0.96 |
| Alpha (ann.) | -7.5% | 2.3% |
| Upside capture | 81.51 | 103.56 |
| Downside capture | 113.63 | 96.87 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −32.9% | −23.7% |
| Maximum drawdown, last 10Y | n/a | −39.3% |
| Maximum drawdown, last 5Y | n/a | −22.8% |
| Current drawdown | −18.7% | −8.8% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.42% a year and the Direct plan's 1.24%, a gap of 1.18%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹25,90,815.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 28 Sep 2026: TER increased from 2.41% to 2.42% (AMFI TER disclosure)
- 24 Sep 2026: TER increased from 2.39% to 2.41% (AMFI TER disclosure)
- 23 Sep 2026: TER reduced from 2.40% to 2.39% (AMFI TER disclosure)
- 15 Sep 2026: TER increased from 2.39% to 2.40% (AMFI TER disclosure)
- 11 Sep 2026: TER reduced from 2.40% to 2.39% (AMFI TER disclosure)
- 9 Sep 2026: TER increased from 2.39% to 2.40% (AMFI TER disclosure)
- 8 Sep 2026: TER reduced from 2.40% to 2.39% (AMFI TER disclosure)
- 7 Sep 2026: TER increased from 2.39% to 2.40% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Nitin Jain | Primary FM 1 | 1 Oct 2024 |
Objective: The scheme intends to provide medium to long 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
Stated asset allocation: Equity & equity related instruments following growth and innovation- oriented theme : 80% - 100% Money Market Instruments and other instruments permissible under residual portion: 0% - 20%
Benchmark (tier 1): Nifty 500 TRI
Exit load: 1% if redeemed/switched out within 12 months from the date of allotment, Nil thereafter.
Minimum application: REGULAR PLAN-GROWTH:5000 , DIRECT PLAN-GROWTH:5000, REGULAR PLAN-PAYOUT OF IDCW:5000, DIRECT PLAN-PAYOUT OF IDCW:5000
Allotment date: 13 Oct 2023
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.42% | 2.38% |
| AUM, whole scheme (₹ crore) | 768 | 1,245 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -3.7% | -2.0% TRI |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Sectoral/Thematic Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -6.3% | -7.8% | +1.4% |
| 2025 | -7.8% | 7.7% | −15.4% |
| 2024 | 18.4% | 15.6% | +2.7% |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,18,841 | -1.8% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: UTI Mutual Fund
Category: Sectoral/Thematic
Plan / option: Regular · Growth
AMFI scheme code: 152086
ISIN: INF789F1AYY7
First NAV in MFIC data: 18 Oct 2023
History: 3.0 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| SBI Innovative Opportunities Fund | Sectoral/Thematic | 0.94 | n/a |
| Union Innovation & Opportunities Fund | Sectoral/Thematic | 0.93 | 15.9% |
| BANDHAN INNOVATION FUND | Sectoral/Thematic | 0.91 | n/a |
| HSBC India Export Opportunities Fund | Sectoral/Thematic | 0.91 | n/a |
| Sundaram Business Cycle Fund | Sectoral/Thematic | 0.91 | n/a |
| Invesco India Technology Fund | Sectoral/Thematic | 0.90 | n/a |
Questions about UTI Innovation Fund
- What is the latest NAV of UTI Innovation Fund?
- The NAV of the Regular plan (growth option) was ₹10.7565 on 1 Oct 2026, as published by AMFI.
- Which category is UTI Innovation Fund in?
- It is classified as Sectoral/Thematic in AMFI's daily NAV file; a Sectoral/Thematic scheme invests at least 80% in one sector or theme. MFIC compares it with 259 Sectoral/Thematic schemes (Regular plans).
- What was the largest fall in UTI Innovation Fund's NAV?
- The largest peak-to-trough fall in its available history was 32.9%.
- How volatile is UTI Innovation Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 21.1%, which is above the Sectoral/Thematic category median of 16.7%.
- What is the expense ratio (TER) of UTI Innovation Fund?
- The total expense ratio of the Regular plan is 2.42% a year, as disclosed to AMFI (median of Sectoral/Thematic Regular plans: 2.38%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is UTI Innovation Fund?
- Assets under management of the whole scheme were ₹768 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of UTI Innovation Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages UTI Innovation Fund?
- According to its Scheme Summary Document, UTI Innovation Fund is managed by Nitin Jain (since 1 Oct 2024).
- What is the exit load of UTI Innovation Fund?
- As stated in its scheme documents: 1% if redeemed/switched out within 12 months from the date of allotment, Nil thereafter. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in UTI Innovation Fund?
- The minimum application amount is REGULAR PLAN-GROWTH:5000 , DIRECT PLAN-GROWTH:5000, REGULAR PLAN-PAYOUT OF IDCW:5000, DIRECT PLAN-PAYOUT OF IDCW:5000. SIP details: SIP - D-500/W-500/M-500/Q-1500 SWP - M-500/Q-500/H-500/A-500 STP - D-100/W-1000/M-1000/Q-3000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -5.6% and the Regular plan's by -6.8%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.