HDFC Innovation Fund Direct-Growth
HDFC Innovation Fund Direct-Growth: Mutual Fund Overview
HDFC Innovation Fund Direct-Growth is an Thematic-Innovation mutual fund with over 0.68 years of performance history. The scheme manages an AUM of ₹2566.13 Cr and has a NAV of ₹9.269. It is rated 'Not Rated' stars by analysts. Investors can begin a SIP with as little as ₹100.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 0.0%.
Equity, Thematic-Innovation, Principal at very high risk
1 Year Return 0.0% at 24 Mar 2026 03:56 PM
Fund Details
NAV 9.269
Sub-Type Thematic-Innovation
Rating Not Rated
Min. SIP Amount ₹100.0
Fund Age(Year) 0.68
Fund Size(in Crores) 2566.13
Fund Performance
1 Month -5.26%
3 Month -7.77%
6 Month -9.6%
1 Year 0.0%
3 Year 0.0%
5 Year 0.0%
Know This Fund
As on 24 Mar 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (0%) Market Cap Top Sectors Top Holding
Debt & Others (0%) Sector Allocation Debt Credit Ratings Debt Category
Comparison with same funds
Equity, Flexi Cap funds Axis Innovation Fund Regular-Growth Ret 1M -4.89% Ret 1Y 3.46% Ret 3Y 15.74% Ret 5Y 10.9%
Equity, Flexi Cap funds Axis Innovation Fund Regular-IDCW Payout Ret 1M -4.89% Ret 1Y 3.46% Ret 3Y 15.74% Ret 5Y 10.9%
Equity, Flexi Cap funds Axis Innovation Fund Regular-IDCW Reinvestment Ret 1M -4.89% Ret 1Y 3.46% Ret 3Y 15.74% Ret 5Y 10.9%
Equity, Flexi Cap funds Bandhan Innovation Fund Regular-Growth Ret 1M -10.53% Ret 1Y 2.73% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Innovation Fund Regular-IDCW Ret 1M -10.53% Ret 1Y 2.73% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Innovation Fund Regular-IDCW Reinvestment Ret 1M -10.53% Ret 1Y 2.73% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Baroda BNP Paribas Innovation Fund Regular - Growth Ret 1M -9.6% Ret 1Y 2.74% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Baroda BNP Paribas Innovation Fund Regular - IDCW Payout Ret 1M -9.6% Ret 1Y 2.74% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Baroda BNP Paribas Innovation Fund Regular - IDCW Reinvestment Ret 1M -9.6% Ret 1Y 2.74% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds HDFC Innovation Fund Regular-Growth Ret 1M -5.35% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds HDFC Innovation Fund Regular-IDCW Ret 1M -5.35% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 0.77%
Exit Load 1.0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Amit Sinha
Education Mr. Sinha has done B.Tech (IIT Roorkee) and PGDBM (XLRI, Jamshedpur)
Experience Prior to joining HDFC Mutual Fund, he has worked Macquarie Capital Securities (India) Pvt. Ltd.
Dhruv Muchhal
Education Mr. Dhruv has done B.Com, CA and CFA
Experience Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at very high risk
AMC and Fund details
Rank (total sets) 2
Date of Incorporation 2025-07-17
Total AUM 952319.77
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
HDFC Innovation Fund Direct-Growth FAQs
How to invest in HDFC Innovation Fund Direct-Growth?
Investing in HDFC Innovation Fund Direct-Growth through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for HDFC Innovation Fund Direct-Growth in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of HDFC Innovation Fund Direct-Growth?
The term expense ratio for HDFC Innovation Fund Direct-Growth or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of HDFC Innovation Fund Direct-Growth is 0.77% as of 24 Mar 2026.
What is the NAV of HDFC Innovation Fund Direct-Growth?
The NAV of HDFC Innovation Fund Direct-Growth is ₹9.269 as of 24 Mar 2026.
What is the AUM of HDFC Innovation Fund Direct-Growth?
The AUM (Assets Under Management) of HDFC Innovation Fund Direct-Growth is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of HDFC Innovation Fund Direct-Growth is ₹2566.13 Cr as of 24 Mar 2026.
What is the PE and PB ratio of HDFC Innovation Fund Direct-Growth?
The PE ratio of HDFC Innovation Fund Direct-Growth shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in HDFC Innovation Fund Direct-Growth?
Yes, you can invest in HDFC Innovation Fund Direct-Growth through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of HDFC Innovation Fund Direct-Growth in the last 5 years?
The return of HDFC Innovation Fund Direct-Growth in the last 5 years is 0.0%.
What is the minimum SIP investment required in HDFC Innovation Fund Direct-Growth?
The minimum SIP investment in HDFC Innovation Fund Direct-Growth depends on the fund's scheme rules and usually starts at a small amount. For HDFC Innovation Fund Direct-Growth, the minimum SIP amount is ₹100.0.
What is the current NAV of HDFC Innovation Fund Direct-Growth?
The NAV of HDFC Innovation Fund Direct-Growth, as of 24 Mar 2026, is ₹9.269.
Who manages the HDFC Innovation Fund Direct-Growth?
The fund managers responsible for HDFC Innovation Fund Direct-Growth are:
- Amit Sinha
- Dhruv Muchhal