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 | ₹2,122 Cr | +3.81% | 1.11 | |
| ICICI Prudential Innovation FundVery High | ₹7,549 Cr | -1.7% | 1.23 | View → |
| HDFC Innovation FundVery High | ₹3,152 Cr | +11.4% | 1.02 | View → |
| Bandhan Innovation FundVery High | ₹3,079 Cr | +12.0% | 0.88 | View → |
| Nippon India Innovation FundVery High | ₹2,923 Cr | -2.6% | 0.89 | View → |
| Axis Innovation FundVery High | ₹1,350 Cr | +9.7% | 1.35 | View → |
| Union Innovation & Opportunities FundVery High | ₹1,307 Cr | +6.4% | 0.98 | View → |
| Tata India Innovation FundVery High | ₹1,245 Cr | +0.2% | 0.96 | View → |
| Baroda BNP Paribas Innovation FundVery High | ₹859 Cr | +7.1% | 1.29 | View → |
| Motilal Oswal Innovation Opportunities FundVery High | ₹856 Cr | +3.7% | 1.27 | View → |
| UTI Innovation FundVery High | ₹768 Cr | -8.0% | 1.35 | View → |
| Mahindra Manulife Innovation Opportunities FundVery High | ₹257 Cr | — | 0.98 | View → |