UTI Innovation Fund

NAV : 11.136 as of 19 June, 2024

Overview

₹ 622.2 Cr

Fund size

₹ 500

Min SIP

₹ 5000

Lumpsum

25 September 2023

Launch date

Growth

Fund plan

Regular

Scheme type

Top Holdings

Name
Weight(%)
Zomato Ltd.
6.66%
PB Fintech Ltd.
6.49%
Info Edge (India) Ltd.
5.88%
FSN E-Commerce Ventures Ltd.
5.43%
Praj Industries Ltd.
4.53%
Name
Weight(%)
Treasury Bills
0.76%
Short Term Deposit
0.16%
Name
Weight(%)
CASH
5.29%

Equity Holding(s) Distribution

Other Scheme Info

Expense Ratio

Inclusive of GST

2.34%

Stamp Duty

0.005%

Exit Load

Exit load of 1%, if redeemed within 12 months.

0

View Scheme Document
Peer Analysis
Company
1Y
3Y
5Y
29.96%
17.29%
20.56%
41.38%
-
-
42.66%
22.48%
20.79%
42.66%
22.48%
20.79%

Fund Managers

Scheme
Annualised Returns (3Y)
Category Returns (3Y)
-
14.14%
15.22%
17.74%
5.68%
5.47%
5.32%
5.10%
11.17%
9.48%
23.63%
28.48%
22.50%
17.74%
-
20.06%
-
22.87%
Scheme
Annualised Returns (3Y)
Category Returns (3Y)
22.02%
26.02%
23.63%
28.48%
-
22.87%

Fund House

logo

UTI Mutual Fund

Total AUM: 286921.51Cr

UTI Mutual Fund was established in January 2003 as a SEBI-registered fund house, backed by five prominent institutional partners: SBI, Bank of Baroda, Punjab National Bank, LIC, and T Rowe Price Group Inc. Making its debut on stock exchanges in October 2020, UTI Mutual Fund has a history dating back to the 1980s when its mutual funds operated under the "Unit Trust of India" banner. Notably, UTI La...View UTI Innovation Fund AMC

Kotak Securities Limited: AMFI-registered Mutual Fund Distributor

Still have questions?

NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.

The Net Asset Value of UTI Innovation Fund is ₹11.14

AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.

The AUM of UTI Innovation Fund is ₹622.2 Cr.

Every mutual fund scheme has a minimum SIP amount, which one may start with.

The minimum SIP amount of UTI Innovation Fund is ₹500

As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.

The Expense Ratio of UTI Innovation Fund is 2.34%

It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.

The Exit load of UTI Innovation Fund is Exit load of 1%, if redeemed within 12 months..

Start SIP with just Rs.100
+91 -

personImage