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UTI Innovation Fund - Direct Growth NAV, Returns, Portfolio Analysis & Investment Guide 2025

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Complete guide to UTI Innovation Fund with latest NAV ₹12.14 (Aug 2025), AUM ₹837.67 crores, expense ratios, fund managers, and investment strategies for innovation-themed equity investments.

Investment Objective and Approach

UTI Innovation Fund seeks to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments. The fund is an open-ended equity scheme investing predominantly in innovation-oriented companies with long-term growth potential and operates as benchmark agnostic with higher active share due to the focus on innovation.

The fund's investment approach includes:

- Investment in equity and equity-related instruments following innovation theme

- Managing portfolio risks with a robust risk-assessment framework

- Suitable for investors seeking relatively high growth potential and willing to ride the underlying waves of innovation

- Focus on companies that embody next-generation edge and innovation potential

- Long-term investment horizon with benchmark agnostic approach

Fund Managers

The UTI Innovation Fund is managed by two experienced fund managers:

Nitin Jain:

- Currently managing UTI Innovation Fund along with Ankit Agarwal

- Bachelor of Engineering degree holder and MMS qualified

- Extensive experience in equity fund management

Ankit Agarwal:

- PGDM from Indian Institute of Management, Bangalore and has worked at prestigious institutions including D. E. Shaw & Co, BNP Paribas, Lehman Brothers (London), Barclays and Centrum Capital before joining UTI Mutual Fund

- Brings significant experience from global financial markets

- Expertise in equity research and portfolio management

About the Fund House (AMC)

UTI Asset Management Company Limited has a rich legacy in the Indian mutual fund industry:

- UTI Mutual Fund is a part of Unit Trust of India (UTI), registered with SEBI in 2003, and is promoted by SBI, LIC, Bank of Baroda and PNB

- UTI Mutual Fund AMC was incorporated on November 14, 2002, and has an AUM size of Rs. 3,52,592 crores as of December 31, 2024, with a total of 859 schemes

- One of India's oldest and most trusted fund houses with nearly 11 million investors

- Extensive experience in managing diverse investment products across asset classes

- Strong research capabilities and risk management framework

- Wide distribution network and comprehensive investor services

The fund house has established itself as a pioneer in the Indian mutual fund industry with decades of experience in managing various investment strategies and providing consistent returns to investors.

Should I Invest in UTI Innovation Fund?

UTI Innovation Fund may be suitable for:

Ideal Investor Profile:

- Investors seeking exposure to innovation and growth-oriented companies

- Those with a long-term investment horizon (5+ years)

- Investors comfortable with high-risk, high-potential-reward equity investments

- Those looking for benchmark-agnostic investment approach

- Investors who want to participate in India's innovation and technology growth story

Key Investment Considerations:

- Latest Fund Size: AUM of ₹837.67 crores as of August 26, 2025

- Minimum Investment: Minimum SIP amount of ₹500 and lumpsum minimum of ₹5,000

- Performance: 1-year return of -7.92% and since inception return of 21.17%

- Risk Profile: Very high risk due to thematic focus and equity concentration

- Exit Load: 1% if redeemed within 12 months from investment date

Investment Suitability:

This fund is most appropriate for investors who understand and can tolerate the volatility associated with thematic investing. The innovation theme can be cyclical, and returns may vary significantly based on market conditions and sector performance. Investors should consider this as part of a diversified portfolio rather than a standalone investment.

FAQs

What is today's NAV of UTI Innovation Fund?

The latest NAV is ₹12.138 as of August 26, 2025 at 3:37 pm for the direct growth option. NAV is updated daily after market hours.

What is the AUM of UTI Innovation Fund?

The fund has an AUM of ₹837.67 crores as of August 26, 2025. AUM represents the total market value of assets managed by the fund.

What is the expense ratio of UTI Innovation Fund?

The expense ratio varies between plans - direct plans typically have lower expense ratios compared to regular plans. Check the latest fact sheet for current expense ratios.

What are the returns of UTI Innovation Fund since inception?

The fund has delivered 21.17% returns since inception, though past performance doesn't guarantee future results.

What is the minimum SIP amount to invest in UTI Innovation Fund?

The minimum SIP amount is ₹500 making it accessible for retail investors to start systematic investing.

How do I invest in UTI Innovation Fund?

You can invest through Allvest's platform by completing your KYC, selecting the fund, choosing investment amount and mode (SIP/lumpsum), and making payment online.

How to start a SIP in UTI Innovation Fund?

Log into your Allvest account, search for UTI Innovation Fund, select SIP option, choose investment amount (minimum ₹500), frequency, and set up auto-debit instructions.

How do I automate an SIP in UTI Innovation Fund?

Set up an auto-debit mandate through Allvest which will automatically deduct your SIP amount from your bank account on the chosen dates.

How can I withdraw/redeem my investment in UTI Innovation Fund?

You can redeem through Allvest's platform by submitting redemption request. Note that 1% exit load applies if redeemed within 12 months.