Innovation thematic funds invest in companies building new technologies, disrupting existing industries, or riding emerging trends like electric vehicles, fintech, digital healthcare, and automation. The portfolio tends to skew towards growth businesses with high valuations. High risk, high potential — suited for long-horizon investors with appetite for volatility.
| Fund Name | AUM | 1Y Returns | TER(%) | |
|---|---|---|---|---|
| Category Average | ₹2,191 Cr | +10.81% | 1.07 | |
| ICICI Prudential Innovation FundVery High | ₹8,012 Cr | +5.1% | 1.18 | View → |
| HDFC Innovation FundVery High | ₹3,189 Cr | +18.1% | 0.97 | View → |
| Nippon India Innovation FundVery High | ₹3,108 Cr | +3.6% | 0.85 | View → |
| Bandhan Innovation FundVery High | ₹2,935 Cr | +20.6% | 0.84 | View → |
| Axis Innovation FundVery High | ₹1,356 Cr | +16.4% | 1.34 | View → |
| Tata India Innovation FundVery High | ₹1,346 Cr | +3.6% | 0.94 | View → |
| Union Innovation & Opportunities FundVery High | ₹1,344 Cr | +13.7% | 0.99 | View → |
| Baroda BNP Paribas Innovation FundVery High | ₹918 Cr | +11.8% | 1.36 | View → |
| UTI Innovation FundVery High | ₹837 Cr | +0.4% | 1.05 | View → |
| Motilal Oswal Innovation Opportunities FundVery High | ₹793 Cr | +14.8% | 1.36 | View → |
| Mahindra Manulife Innovation Opportunities FundVery High | ₹263 Cr | — | 0.94 | View → |