Tata India Innovation Fund

Diversified

Equity

India Growth

Others

Small Cap

Aggressive growth Investor Profile

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Tata India Innovation Fund Growth focuses on Indian tech companies for growth-oriented investors.

What This Strategy Does

Tata India Innovation Fund Regular Growth is an equity fund which captures India's ₹200 trillion digital economy opportunity through a multi-cap portfolio construction, deploying capital across technology, financials, and consumer sectors to achieve broad-based earnings growth.

CW Expert Research Notes

Resilient Downside Protection

The fund has demonstrated consistent downside protection across market cycles, outperforming its benchmark in 0 out of the past 12 years.

Differentiated Sector Positioning

The fund's sector positioning deviates from peers, with overweight exposures to financialServices, consumerCyclical, and healthcare, complemented by underweights in energy and industrials.

Valuation-Conscious Approach

The fund's mid-cap tilt and focus on innovation-driven growth companies suggest a valuation-conscious approach that could benefit from earnings revisions and structural trends.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

0.0% AnnuallyAlpha

+0.0% vs +0.0% benchmarkSince Inception

+0.0% vs +0.0% benchmark3Y Annualized

+0.0% vs +0.0% benchmark5Y Annualized

Tata India Innovation Fund

Benchmark Index

Benchmark Performance Comparison

Tata India Innovation Fund

NIFTY 50

Risk Profile

Standard Deviation16.8%

Sharpe Ratio-0.17

Detailed Risks

Market Risk

Potential slowdown in India's economic growth could undermine fund's domestic focus.

Liquidity Risk

High mid-cap exposure risks liquidity strain during volatility spikes.

Concentration Risk

Concentrated sector bets amplify idiosyncratic risks from regulatory shifts.

Specific Strategy Risk

Innovation theme vulnerable to competitive disruption, valuation risks.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Captures India's innovation-driven growth by investing in companies at the forefront of disruption across sectors. This strategy provides exposure to businesses reshaping industries through new technologies, products, and business models.

Broader Market View

Market Outlook

Equity markets appear to be in the early stages of a recovery phase, offering an attractive entry point as consumption and earnings normalize. Cyclical sectors like consumer discretionary and financials stand to benefit from reviving domestic demand and credit growth, though risks like margin pressures remain.

Why This Strategy is Attractive Now

This strategy seems well-positioned for the current environment with exposure across consumer, financial, and technology sectors that could capitalize on the demand recovery. The portfolio's balance of market leaders and diversification across around 70 holdings, coupled with a moderate risk profile, may allow for risk-adjusted participation in the market upswing.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth strategy, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations across large and mid-cap market segments.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth approach balancing secular growth exposure with valuation discipline could offer an attractive risk-return profile.

High-Level Investment Process

Sourcing: The strategy appears to source investment candidates from a broad universe of established companies demonstrating leadership in their respective industries, sustainable competitive advantages, and attractive long-term growth prospects. Selection: The selection process suggests a preference for businesses with durable pricing power, high returns on capital, strong balance sheets, and capable management teams executing well-defined strategies. Construction: Portfolio construction is consistent with a focus on risk management through prudent diversification across sectors and individual positions while maintaining a bias towards quality growth characteristics.

Portfolio Holdings Overview

SectoralAllocation

Services24.42%

Technology10.69%

Capital Goods15.97%

Consumers23.48%

Utilities0.81%

Financial Services20.57%

Energy & Infra4.05%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

ICICI Bank LtdFinancial Services4.43%

Adani Ports & Special Economic Zone LtdCapital Goods4.06%

Reliance Industries LtdEnergy & Infra3.85%

Dr. Lal PathLabs LtdServices3.28%

Bharti Airtel LtdServices3.25%

Axis Bank LtdFinancial Services3.22%

Larsen & Toubro LtdCapital Goods2.99%

Apollo Hospitals Enterprise LtdServices2.86%

A) RepoUtilities2.74%

Eternal LtdConsumers2.72%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Meeta Shetty

Mr. Meeta Shetty has experience of 24 years. Manages 18 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹1,698 Cr Holds a Bachelor i degree.

26 years

Combined Team Experience

₹ 3,396 Cr

Assets Under Management

Hasmukh Vishariya

Co-Portfolio Manager

Mr. Hasmukh Vishariya has experience of 1 years. Manages 62 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹1,698 Cr

CW Expert Take

Tata AMC reflects the group's values-based approach to business. Their investment process emphasizes ESG integration and governance quality alongside financial metrics. The fund house takes measured positions, avoiding excessive concentration while maintaining conviction in quality franchises across equity and credit portfolios.

Investment Philosophy & Approach

Disciplined Approach

Tata AMC follows a disciplined investment approach focused on rigorous research.

Long-Term Perspective

The fund house maintains a long-term perspective in portfolio construction.

Risk Management

Risk management is an integral part of the investment process.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)2.12%

Regulatory & Tax Information

INF277KA1CR8

ISIN

DailyDealing Frequency

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)