Aditya Birla Sun Life Mutual Fund
Aditya Birla Sun Life MNC Fund - Growth - Direct Plan
Sectoral / Thematic
+4.8% 3Y CAGR
UTI Mutual Fund
Sectoral / Thematic · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
UTI Innovation Fund is a Sectoral / Thematic fund from UTI Mutual Fund, with NAVs going back to October 2023. This page covers its direct plan, growth option. It manages ₹766 crore, the 154th largest of 246 Sectoral / Thematic funds. Its expense ratio is 1.24% a year, higher than the median of 1.15% for Sectoral / Thematic funds.
Over the last three years it returned 4.00% a year, 135th of 137 Sectoral / Thematic funds (median 12.96%). It is 5.92 percentage points a year behind its benchmark, the Nifty 500 TRI, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 31.5%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-9.51%
3 Years
+4.00%
Since launch (18 Oct 2023)
+3.71%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -8.14% | -7.58% | -0.56 pts |
| 3 Years | +4.47% | +10.39% | -5.92 pts |
| Since launch | +4.19% | +8.96% | -4.77 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
18.3%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-31.5%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 18 Oct 2023.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on UTI Mutual Fund's website before you invest.
Funds next to UTI Innovation Fund, in the same category, ranked by 3-year return.
Aditya Birla Sun Life Mutual Fund
Sectoral / Thematic
+4.8% 3Y CAGR
SBI Mutual Fund
Sectoral / Thematic
+3.7% 3Y CAGR
ICICI Prudential Mutual Fund
Sectoral / Thematic
-4.5% 3Y CAGR
UTI Innovation Fund - Direct Plan - Growth Option
Research-only · No transactions