MF Gyan
sectorHigh risk2 year old

Tata India Innovation Fund - Direct Plan - Growth Option

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From Tata Mutual Fund. It's been running since 5 Dec 2024.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹10.4776
▼ 0.14% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.05 L
▲ ₹4.8k gain · 4.8% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹60.0k
Value today₹64.0k
Gain / loss+₹4.0k
XIRR (annualised)14.82%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹65.0k
Projected gain*+₹5.0k
*at this fund's historical rate of 14.82% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 363 other funds in Equity Scheme - Sectoral/ Thematic

Same plan
1-year return
4.79%median 6.52% (-1.73%)
Rank #196 of 364Beats 40% of peers
Bumpiness (3Y)
14.89%median 15.58% (-0.69%)
Rank #153 of 364Less risky than 58% of peers
Worst-ever drop
-18.11%median -25.21% (+7.10%)
Rank #266 of 364Less risky than 26% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 1 of last 3 years were positive.

-0%
2024
-1%
2025
+4%
2026
Best year
2026 · 3.97%
Worst year
2025 · -0.98%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
14.9%

The value swings roughly 15% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-18.11%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Tata India Innovation Fund - Direct Plan - Growth Option against other sector funds.

Technical details (for the pros)
CAGR — 1 year4.79%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch1.89%
Volatility — 1 year (annualised)13.80%
Volatility — 3 years (annualised)14.89%
Max drawdown — 1 year-17.27%
Max drawdown — 3 years-18.11%
Sharpe ratio — 1 year (rf=6%)-0.09
Sharpe ratio — 3 years (rf=6%)-0.27

Fund info

Fund house
Tata Mutual Fund
Category
Equity Scheme - Sectoral/ Thematic
Plan
Direct
Option
Growth
ISIN (Growth)
INF277KA1CU2
ISIN (Div re-invest)
—
Fund code
153055
First price on record
5 Dec 2024 · 433 daily prices

About Tata India Innovation Fund - Direct Plan - Growth Option

Tata India Innovation Fund - Direct Plan - Growth Option is a Equity Scheme - Sectoral/ Thematic offered by Tata Mutual Fund under the Direct plan with the Growth option. It has approximately 2 year of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

The current NAV of Tata India Innovation Fund - Direct Plan - Growth Option is ₹10.4776 (as of 4 Sep 2026). Historically, it has delivered 4.79% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 14.9% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 18.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Tata India Innovation Fund - Direct Plan - Growth Option?+

The latest NAV of Tata India Innovation Fund - Direct Plan - Growth Option is ₹10.4776 as of 4 Sep 2026, down 0.14% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Tata India Innovation Fund - Direct Plan - Growth Option?+

Tata India Innovation Fund - Direct Plan - Growth Option has delivered 1-year return 4.79%, since-inception CAGR 1.89%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Tata India Innovation Fund - Direct Plan - Growth Option belong to?+

Tata India Innovation Fund - Direct Plan - Growth Option is categorised as Equity Scheme - Sectoral/ Thematic. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

How risky is Tata India Innovation Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 14.9%, Tata India Innovation Fund - Direct Plan - Growth Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Tata India Innovation Fund - Direct Plan - Growth Option a direct plan?+

Tata India Innovation Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Tata India Innovation Fund - Direct Plan - Growth Option?+

Tata India Innovation Fund - Direct Plan - Growth Option has NAV history available from 5 Dec 2024 — approximately 2 year of track record and 433 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.