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HDFC Innovation Fund Direct Growth
Equity
Thematic
Very High Risk
NAV: 08 Jan '26
₹10.25
Min. SIP amount
₹100
Fund size
₹2,769.30 Cr
Expense ratio
0.71%
Holdings (63)
See All
Minimum investments
Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | +2.2% | +2.2% | -- | +3.5% |
| Category average (Equity Thematic) | -- | -- | -- | -- |
| Rank (Equity Thematic) | 4 | 4 | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 1%, if redeemed within 1 month.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
Fund management
ASAmit SinhaJun 2025 - PresentView details
AS
Amit Sinha
Jun 2025 - Present
View details
DMDhruv MuchhalJun 2025 - PresentView details
DM
Dhruv Muchhal
Jun 2025 - Present
View details
About HDFC Innovation Fund Direct Growth
HDFC Innovation Fund Direct Growth is a Equity Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Amit Sinha is the Current Fund Manager of HDFC Innovation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,39,182 Cr and the Latest NAV as of 08 Jan 2026 is ₹10.25.
The HDFC Innovation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 1%, if redeemed within 1 month.
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Investment Objective
The scheme seeks 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 benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#2 in India
Total AUM₹9,39,181.92 Cr
Date of Incorporation10 Dec 1999
Launch Date10 Dec 1999
Address"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,