HDFC Innovation Fund - Direct Plan - IDCW

Equity

Sectoral/Thematic

Very High Risk

Rs 10.30

-0.39

NAV as on Oct 14, 2025

Benchmark

NIfty 500 Total Return

Expense Ratio

0.73%

Fund Category

Equity - Sectoral/Thematic

Fund Size

Rs 2,595 Crores

Exit Load

1.00%

Min. Investment

Rs 100

Nav Chart

HDFC Innovation Fund - Direct Plan - IDCW Fund Details

Investment Objective - To generate long-term capital appreciation / income by investing in companies that are adopting innovative themes and strategies. There is no assurance that the investment objective of the Scheme will be achieved.

Fund House

HDFC Mutual Fund

Return Since Launch

2.85%

Launch Date

Jun 27, 2025

Type

Open Ended

Riskometer

Very High

Performance Analysis

	1W	1M	3M	6M	1Y	3Y	5Y	10Y	SI
Fund Returns (%)	0.47	-0.08	NA	NA	NA	NA	NA	NA	2.85
Category Average (%)	0.18	-0.21	0.62	13.02	-1.27	10.35	9.14	NA	14.17
Rank within Category	821	372	NA	NA	NA	NA	NA	NA	879

* Returns over 1 year are CAGR

Screen Funds Yourself to identify the best mutual funds and explore top mutual funds screens.

Peer Comparision

Scheme Name(IDCW Direct)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
ICICI Prudential India Opportunities Fund	26.25	30,802	0.31	0.46	0.81	12.04	-5.17	14.12	23.71	NA	15.38	0.64
ICICI Prudential Technology Fund	133.75	14,414	-0.26	-1.40	-6.23	8.20	-12.39	10.57	13.43	12.15	22.51	0.97
ICICI Prudential Business Cycle Fund	20.71	14,148	0.34	0.39	2.02	15.06	-1.47	15.25	NA	NA	16.61	0.75
HDFC Manufacturing Fund	11.17	11,574	-0.08	-1.37	1.69	18.32	-1.05	NA	NA	NA	8.13	0.79
ICICI Prudential Energy Opportunities Fund	10.34	10,234	-0.10	1.37	-1.24	11.30	1.57	NA	NA	NA	2.76	0.53
ICICI Prudential Banking and Financial Services	75.49	10,021	0.68	1.47	-0.53	12.12	0.57	8.26	13.02	7.81	17.12	1.02
SBI Energy Opportunities Fund	10.69	9,586	-0.39	0.92	-2.69	10.35	-8.05	NA	NA	NA	4.19	0.79
SBI Banking & Financial Services Fund	43.38	8,693	0.51	2.16	0.96	15.22	14.29	21.06	22.41	16.60	14.82	0.77
Nippon India Pharma Fund	168.12	8,114	1.28	-1.62	-1.46	8.79	-10.21	17.04	12.66	6.41	24.69	0.91
ICICI Prudential Infrastructure Fund	49.13	7,863	0.22	1.09	-1.01	13.54	-4.81	22.63	31.22	13.03	13.26	1.14

View All

Oct 14, 2025

Return Calculator

₹ One-Time

Over the past

Invested

₹5000

Invested Amount
Estimated Return

Total investment of ₹5000

Would have become ₹5,000 (+0.00%)

Fund Manager

Amit Sinha

Dhruv Muchhal

Mr. Amit Sinha has done B.Tech (IIT Roorkee) and PGDBM (XLRI, Jamshedpur). Prior to joining HDFC Mutual Fund, he has worked Macquarie Capital Securities (India) Pvt. Ltd.

View More

Here is the list of funds managed by Amit Sinha

Scheme Name(IDCW Direct)	Category	NAV(Rs)	AUM(Rs Cr)	1Y(%)	5Y(%)
HDFC Innovation Fund	Equity - Sectoral/Thematic	10.30	2,595	NA	NA
HDFC Non-Cyclical Consumer Fund	Equity - Sectoral/Thematic	14.87	1,059	-3.93	NA

Oct 14, 2025

Top Performing Related Funds

Scheme Name(IDCW Direct)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
HDFC Balanced Advantage Fund	45.38	1,03,041	0.24	0.16	-1.18	4.89	-3.74	11.62	14.98	4.13	12.55	0.74
HDFC Flexi Cap Fund	97.38	85,560	0.41	0.97	2.79	12.90	-1.37	14.46	18.84	6.26	19.47	0.70
HDFC Mid Cap Fund	81.54	84,855	0.21	0.32	-0.36	17.69	-4.19	18.45	21.18	10.54	17.83	0.72
HDFC Large Cap Fund	68.01	38,251	0.29	0.11	0.34	9.43	-9.81	8.11	11.12	3.19	16.17	0.98
HDFC Small Cap Fund	69.10	36,828	-0.71	-1.84	-1.07	19.50	-6.52	15.87	21.88	12.29	16.32	0.68
HDFC Corporate Bond Fund	20.79	35,574	0.16	0.95	1.30	3.43	8.10	5.97	4.14	6.64	6.89	0.36