Funds/Sectoral / Thematic/UTI Innovation Fund

UTI Innovation Fund

UTI Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

UTI Innovation Fund remains heavily tilted toward consumer-facing digital businesses and emerging tech, with retail and fintech collectively representing over a third of holdings. The manager significantly reinforced conviction in manufacturing-linked innovation plays, particularly MTAR Technologies, while moderately reducing exposure to established internet giants like Eternal and Info-Edge. By liquidating cash reserves and maintaining a concentrated top-10 portfolio, the fund signals conviction that smaller, high-growth innovation stories offer better risk-reward than mature market leaders in the current cycle.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Direct Growth	₹10.7490	—	—	—	—	—	—
Regular Growth	₹10.3613	+6.82%	-0.37%	-12.40%	-6.20%	—	—

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

34.95%

Top 10 Weight

55.37%

Active Share

—

Large Cap

8.46%

Gini

0.334

What Changed2026-03-31 → 2026-04-30

Holdings: 31 → 30+0 added−1 removed24 weight shifts ≥ 0.1%

Stock	Sector	Weight
No new entries this month

Full Holdings

#	Holding	Sector	Class	% to NAV
1	EQ - ETERNAL LIMITED INE758T01015	Retailing	EQUITY	8.46%
2	EQ - INFO-EDGE (INDIA) LTD. INE663F01032	Retailing	EQUITY	8.00%
3	EQ - MTAR TECHNOLOGIES LTD INE864I01014	Electrical Equipment	EQUITY	7.67%
4	EQ - AFFLE 3I LIMITED INE00WC01027	IT - Services	EQUITY	5.51%
5	EQ - ONE 97 COMMUNICATIONS LTD INE982J01020	Financial Technology (Fintech)	EQUITY	5.31%
6	EQ - DELHIVERY LTD. INE148O01028	Transport Services	EQUITY	4.38%
7	EQ - PB FINTECH LTD INE417T01026	Financial Technology (Fintech)	EQUITY	4.14%
8	EQ - RATEGAIN TRAVEL TECHNOLOGIES LTD INE0CLI01024	IT - Software	EQUITY	4.11%
9	EQ - ACUTAAS CHEMICALS LIMITED INE00FF01025	Pharmaceuticals & Biotechnology	EQUITY	3.93%
10	EQ - FSN E-COMMERCE VENTURES(NYKAA) INE388Y01029	Retailing	EQUITY	3.86%
11	EQ - GRAVITA INDIA LTD. INE024L01027	Minerals & Mining	EQUITY	3.57%
12	EQ - INDIAMART INTERMESH LTD INE933S01016	Retailing	EQUITY	3.57%
13	EQ - PRAJ INDUSRIES LTD. INE074A01025	Industrial Manufacturing	EQUITY	3.46%
14	EQ - KPIT TECHNOLOGIES LTD INE04I401011	IT - Software	EQUITY	3.30%
15	EQ - SUZLON ENERGY LTD. INE040H01021	Electrical Equipment	EQUITY	3.14%
16	EQ - CLEAN SCIENCE & TECHNOLOGY LTD INE227W01023	Chemicals & Petrochemicals	EQUITY	3.13%
17	EQ - NEWGEN SOFTWARE TECHNOLOGIES LTD INE619B01017	IT - Software	EQUITY	2.84%
18	EQ - NAZARA TECHNOLOGIES LTD INE418L01047	Entertainment	EQUITY	2.69%
19	NET CURRENT ASSETS		CASH_EQUIVALENT	2.68%
20	EQ - YATRA ONLINE LTD. INE0JR601024	Leisure Services	EQUITY	2.68%

Sector Allocation

Retailing27.3%

IT - Software16.4%

Electrical Equipment10.8%

Financial Technology (Fintech)9.4%

IT - Services6.9%

Transport Services4.4%

Pharmaceuticals & Biotechnology3.9%

Minerals & Mining3.6%

Industrial Manufacturing3.5%

Chemicals & Petrochemicals3.1%

Top 10 sectors by % to NAV. Excludes derivatives.