Tata India Innovation Fund- Direct Growth

As on 09 May 2025

Tata India Innovation Fund- Direct Growth

Q: What kind of returns does Tata India Innovation Fund- Direct Growth provide?

Tata India Innovation Fund- Direct Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Tata India Innovation Fund- Direct Growth had a return of NA over the past 1 year.

Q: How much expense ratio is charged by Tata India Innovation Fund- Direct Growth?

The expense ratio for Tata India Innovation Fund- Direct Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 09 May 2025, the expense ratio charged by Tata India Innovation Fund- Direct Growth is typically around 1.94 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Tata India Innovation Fund- Direct Growth?

As of 09 May 2025, the Assets Under Management (AUM) of Tata India Innovation Fund- Direct Growth is approximately ₹1656.3725 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Tata India Innovation Fund- Direct Growth?

The Net Asset Value (NAV) of Tata India Innovation Fund- Direct Growth is updated daily and reflects the per-unit value of the fund's assets. As of 09 May 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Tata India Innovation Fund- Direct Growth?

The PE ratio for Tata India Innovation Fund- Direct Growth is 73.92 and the PB ratio is 8.03. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Tata India Innovation Fund- Direct Growth?

The exit load for Tata India Innovation Fund- Direct Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Equity

NAV

₹ 8.95

CAGR (3 Years)

AUM (Cr)

₹ 1,656.37

Risk

Very High Risk

About Tata India Innovation Fund- Direct Growth

The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. However, there is no assurance or guarantee th

Breakdown of this Fund

Aerospace & Defence

1.46%

Air Transport Service

3.16%

Auto Ancillaries

11.74%

Automobile

6.99%

Banks

32.74%

Capital Goods-Non Electrical Equipment

5.37%

Ceramic Products

5.98%

Chemicals

5.85%

Consumer Durables

12.84%

Debt Others

16.87%

E-Commerce/App based Aggregator

17.89%

Finance

14.23%

Financial Services

4.54%

FMCG

2.80%

Healthcare

8.86%

Infrastructure Developers & Operators

6.31%

IT - Software

55.98%

Logistics

5.02%

Pharmaceuticals

25.12%

Quick Service Restaurant

10.31%

Refineries

8.07%

Retail

5.34%

Telecomm-Service

15.69%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

1.94

Exit Load

0.5% if redeemed within 7 days Nil if redeemed after 7 days

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.