INF754K01202
₹9.7709
The Tata India Innovation Fund seeks to provide investors with opportunities for long-term capital appreciation by investing in equity and equity-related instruments of companies that benefit from the adoption of innovative strategies and themes. The fund aims to focus on companies leading their sectors through innovative business models, advanced technology, and transformative products.
The fund is designed to bring game-changing innovators into your portfolio, building a future of innovation-led growth. The investment approach encompasses various types of innovation:
- Incremental Innovation: Small, frequent improvements that make products better over time, like smartphone updates that improve battery life or new car safety features. These gradual changes enhance quality and functionality
- Breakthrough Innovation: Big advancements that can redefine industries, like the invention of electric cars or mobile payment systems. These innovations may take more time and resources, but they have the potential to create entirely new opportunities
The fund focuses on sectors driving India's transformation including:
- Digital payments, like UPI, making transactions fast and secure
- Telemedicine and affordable medicines making healthcare more accessible
- Electric vehicles (EVs) reducing pollution, offering eco-friendly transport options
- Digital solutions, from cloud storage to online shopping, enhancing connectivity and productivity
Meeta Shetty is the current fund manager of Tata India Innovation Fund. Ms. Shetty is a Bachelor in Economics and CFA Charterholder. Prior to joining TATA Mutual Fund, she has worked with Kotak Securities, HDFC Securities, AMSEC (Asian Market Securities), Dalal & Broacha Stock Broking and Karvey Stock Broking.
She has been with Tata Asset Management Pvt Ltd since March 2017, reporting to the Chief Investment Officer - Equities. With over 16 years of industry experience, Meeta currently manages the Tata Digital India Fund and the Tata India Pharma and HealthCare Fund along with this innovation-focused fund.
Her professional background includes:
- December 2014 to February 2017 with Kotak Securities, tracking Pharma sector, reporting to the Head of Research
- June 2013 to November 2014 with HDFC Securities, as Research Analyst, tracking Pharma sector, reporting to Head of Research
- September 2011 to June 2013 with AMSEC as Research Analyst, tracking Pharma sector, reporting to Head of Research
Tata Mutual Fund is a part of the prestigious Tata Group of companies. The fund house was established in 1994 with their business model based on trust, service and performance. The company, with its investment products, intends to make the lives of investors better. You will find mutual fund plans to achieve various financial goals.
The AMC operates with a comprehensive investment philosophy focused on innovation and growth. India has shown remarkable growth in innovation metrics with 17x growth in patents from 5,978 patents in 2014-15 to over 103,057 in 2023-24, and has the 3rd largest academic research output with 1.3 million research papers published between 2017-2022.
Key aspects of the fund house:
- Over 60 expertly designed investment options
- Focus on low-cost diversified exposure
- Strong heritage of the Tata brand with over 150 years of trust
- Commitment to innovation-led investment strategies
The Tata India Innovation Fund may be suitable for investors who:
Target Investors:
- Want access to innovation-driven companies: Identifying innovative companies can be complex and time-consuming. This fund makes it easy by curating a selection of India's top innovators in one place
- Seek long-term growth potential: Suitable for investors looking to build wealth over time, focusing on sectors driving India's future
- Have a high-risk tolerance as the fund is rated Very High risk
Key Considerations:
- The fund was launched on November 11, 2024, making it relatively new with limited track record
- Since inception, the fund has given a CAGR return of -13.63% as of available data
- The minimum investment required is ₹5,000 for lump sum and ₹100 for SIP
- The fund has an expense ratio of 2.04% for regular plan
Risk Factors:
- High volatility due to sector-specific and thematic focus
- Concentration risk in innovation-driven companies
- Market risks associated with equity investments
- Performance dependency on innovation sector growth
The latest declared NAV of Tata India Innovation Fund is ₹9.7709 as of June 26, 2025. NAV is updated daily and can be checked on the official Tata Mutual Fund website or Allvest platform.
The fund currently has an Asset Under Management (AUM) of ₹2,06,239 Crores as of August 14, 2025. This represents the total value of assets managed by the fund.
The fund has an expense ratio of 2.04% for the regular plan. The direct plan typically has a lower expense ratio, making it more cost-effective for investors.
Since inception, Tata India Innovation Fund has given a CAGR return of -13.63%. Being a new fund launched in November 2024, it has limited performance history.
The minimum SIP amount is ₹100 for the Systematic Investment Plan option. This makes it accessible for investors looking to start with small monthly investments.
You can invest in Tata India Innovation Fund through Allvest by completing your KYC, selecting the fund, choosing between lump sum or SIP options, and making the payment through your preferred method.
To start a SIP, log into your Allvest account, select Tata India Innovation Fund, choose the SIP option, set your monthly amount (minimum ₹100), select the date, and authorize the auto-debit from your bank account.
SIP automation is done through bank mandate or UPI autopay. Set up the auto-debit instruction during SIP registration on Allvest, and the amount will be automatically debited monthly from your linked bank account.
You can redeem your investment through Allvest by selecting the fund, choosing partial or full redemption, and specifying the amount or units. The proceeds will be credited to your registered bank account within 3-4 working days.
Clients/Investors to abstain them from dealing in any schemes of unauthorised collective investments / portfolio management, indicative/ guaranteed/fixed returns / payments etc.
Sr. No
Name of KMP
Designation
Mobile Number
Email ID
2.
Mr. Amit Bansal
Designated Director /
Compliance Officer