UTI Innovation Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹10.8585 | — | — | — | — |
| Regular Growth | ₹10.4664 | +2.91% | -7.45% | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | EQ - ETERNAL LIMITED INE758T01015 | 8.46% |
| 2 | EQ - INFO-EDGE (INDIA) LTD. INE663F01032 | 8.00% |
| 3 | EQ - MTAR TECHNOLOGIES LTD INE864I01014 | 7.67% |
| 4 | EQ - AFFLE 3I LIMITED INE00WC01027 | 5.51% |
| 5 | EQ - ONE 97 COMMUNICATIONS LTD INE982J01020 | 5.31% |
| 6 | EQ - DELHIVERY LTD. INE148O01028 | 4.38% |
| 7 | EQ - PB FINTECH LTD INE417T01026 | 4.14% |
| 8 | EQ - RATEGAIN TRAVEL TECHNOLOGIES LTD INE0CLI01024 | 4.11% |
| 9 | EQ - ACUTAAS CHEMICALS LIMITED INE00FF01025 | 3.93% |
| 10 | EQ - FSN E-COMMERCE VENTURES(NYKAA) INE388Y01029 | 3.86% |
| 11 | EQ - GRAVITA INDIA LTD. INE024L01027 | 3.57% |
| 12 | EQ - INDIAMART INTERMESH LTD INE933S01016 | 3.57% |
| 13 | EQ - PRAJ INDUSRIES LTD. INE074A01025 | 3.46% |
| 14 | EQ - KPIT TECHNOLOGIES LTD INE04I401011 | 3.30% |
| 15 | EQ - SUZLON ENERGY LTD. INE040H01021 | 3.14% |
| 16 | EQ - CLEAN SCIENCE & TECHNOLOGY LTD INE227W01023 | 3.13% |
| 17 | EQ - NEWGEN SOFTWARE TECHNOLOGIES LTD INE619B01017 | 2.84% |
| 18 | EQ - NAZARA TECHNOLOGIES LTD INE418L01047 | 2.69% |
| 19 | NET CURRENT ASSETS | 2.68% |
| 20 | EQ - YATRA ONLINE LTD. INE0JR601024 | 2.68% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does UTI Innovation Fund hold?
UTI Innovation Fund holds 29 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 34.95% of NAV.
What is the largest holding in UTI Innovation Fund?
The largest position in UTI Innovation Fund is EQ - ETERNAL LIMITED, accounting for 8.46% of NAV in the Retailing sector.
Is UTI Innovation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.334, UTI Innovation Fund is well-diversified. The HHI concentration index is 45,019 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 34.95% of the portfolio.
What is the market cap allocation of UTI Innovation Fund?
Based on SEBI's AMFI classification, UTI Innovation Fund's equity portfolio is split as: Large Cap: 8.46%, Mid Cap: 28.14%, Small Cap: 59.49%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does UTI Innovation Fund invest in most?
UTI Innovation Fund has the highest allocation to Retailing (27.33%), IT - Software (16.42%), Electrical Equipment (10.81%). The fund is invested across 14 sectors in total.
How actively managed is UTI Innovation Fund compared to other Sectoral / Thematic funds?
UTI Innovation Fund has an Active Share of 92.71%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in UTI Innovation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, UTI Innovation Fund exited 1 stock (including MF UNITS UTI LIQUID FUND). Total holding count decreased from 31 to 30 stocks.