GMP IPO Watch
HDFC INNOVATION FUND
Regular Plan · IDCW Option · HDFC Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +4.07% | +3.52% | 111 of 255 |
| 1M | +2.27% | +1.97% | 117 of 255 |
| 3M | +0.64% | -3.45% | 26 of 252 |
| 6M | +13.55% | +2.92% | 25 of 251 |
| YTD | +14.38% | +1.21% | 30 of 255 |
| 1Y | +11.98% | +1.11% | 33 of 232 |
| INCEPTION | +12.65% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +3.86% | +18.13% | -11.08% | 67% | 27% |
| 6M | +6.54% | +30.78% | -11.53% | 64% | 26% |
| 1Y | +14.11% | +21.37% | +4.37% | 100% | 45% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity94.54%
- Debt0.00%
- Cash5.46%
- Other0.00%
Market Cap Split
- Large Cap44.25%
- Mid Cap22.09%
- Small Cap26.83%
- Others6.83%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 40.57 | 28.09 |
| P/B | 6.69 | 4.63 |
| Price / Sales | 4.86 | 3.31 |
| Price / Cash Flow | 28.29 | 21.08 |
| Dividend Yield (%) | 0.59 | 1.16 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Eternal | Retailing | 9.19% | -0.44% |
| TREPS - Tri-party Repo | Reverse Repo / TREPS | 4.96% | — |
| Bajaj Finance | Finance | 4.02% | -0.36% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 3.32% | -0.76% |
| Rubicon Research | Pharmaceuticals & Biotechnology | 3.21% | -0.36% |
| Bharat Electronics | Aerospace & Defense | 3.12% | -0.17% |
| Mahindra & Mahindra | Automobiles | 3.10% | -0.31% |
| Hindustan Aeronautics | Aerospace & Defense | 2.72% | -0.05% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 2.54% | -0.21% |
| Lenskart Solutions | Retailing | 2.52% | -0.20% |
| PB FinTech | Financial Technology (Fintech) | 2.41% | -0.91% |
| Info Edge | Retailing | 2.34% | -0.15% |
| Navin Fluorine International | Chemicals & Petrochemicals | 2.30% | -0.09% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 2.25% | -0.09% |
| GE Vernova T&D | Electrical Equipment | 2.12% | -0.10% |
View all 81 holdings
| Tata Power | Power | 1.65% | +0.08% |
| Reliance Industries | Petroleum Products | 1.62% | -0.54% |
| Netweb Technologies | IT - Services | 1.51% | -0.19% |
| Karamtara Engineering | Electrical Equipment | 1.48% | — |
| Sona BLW Precision Forgings | Auto Components | 1.46% | +0.05% |
| Adani Enterprises | Metals & Minerals Trading | 1.44% | +0.04% |
| Emmvee Photovoltaic Power | Electrical Equipment | 1.44% | -0.01% |
| Spectrum Electrical Industries Limited. | Industrial Manufacturing | 1.37% | — |
| SRF | Chemicals & Petrochemicals | 1.33% | -0.06% |
| ICICI Prudential Asset Management | Capital Markets | 1.30% | +0.05% |
| JSW Energy | Power | 1.23% | -0.05% |
| Thyrocare Technologies | Equity | 1.14% | -0.14% |
| Sai Life Sciences | Pharmaceuticals & Biotechnology | 1.13% | -0.17% |
| Amagi Media Labs | IT - Services | 1.08% | -0.02% |
| Samvardhana Motherson International | Auto Components | 1.08% | -0.03% |
| Groww | Capital Markets | 1.06% | -0.03% |
| Biocon | Pharmaceuticals & Biotechnology | 1.02% | -0.10% |
| Ather Energy | Automobiles | 1.00% | +0.40% |
| Laurus Labs | Pharmaceuticals & Biotechnology | 0.98% | +0.04% |
| Indo-MIM | Industrial Manufacturing | 0.95% | +0.13% |
| SEDEMAC Mechatronics | Auto Components | 0.93% | +0.06% |
| Lupin | Pharmaceuticals & Biotechnology | 0.91% | -0.06% |
| Godrej Consumer Products | Personal Products | 0.90% | -0.04% |
| ABB | Electrical Equipment | 0.85% | -0.10% |
| Bharat Forge | Auto Components | 0.85% | -0.07% |
| Cummins | Industrial Products | 0.81% | -0.05% |
| Diamond Power Infrastructure | Electrical Equipment | 0.78% | +0.02% |
| Coforge | IT - Software | 0.77% | -0.72% |
| OnEMI Technology Solutions | Finance | 0.77% | +0.07% |
| Saatvik Green Energy | Electrical Equipment | 0.71% | +0.00% |
| Ideaforge Technology | Aerospace & Defense | 0.69% | -0.05% |
| 3M India | Diversified | 0.68% | -0.02% |
| Siemens | Electrical Equipment | 0.68% | -0.05% |
| Hindustan Unilever | Diversified FMCG | 0.64% | -0.03% |
| Aequs | Aerospace & Defense | 0.63% | +0.09% |
| Interglobe Aviation | Transport Services | 0.63% | -0.02% |
| Moneyview | Finance | 0.63% | — |
| Persistent Systems | IT - Software | 0.63% | -0.03% |
| Zydus Life Science | Pharmaceuticals & Biotechnology | 0.59% | +0.01% |
| Tenneco Clean Air | Auto Components | 0.58% | -0.02% |
| Le Travenues Technology (IXIGO) | Leisure Services | 0.57% | +0.00% |
| Neuland Laboratories | Pharmaceuticals & Biotechnology | 0.56% | -0.04% |
| SBI Life Insurance | Insurance | 0.54% | -0.01% |
| Dhoot Transmission | Auto Components | 0.52% | +0.01% |
| Mphasis | IT - Software | 0.52% | -0.05% |
| Urban Company | Retailing | 0.51% | -0.05% |
| Net Current Assets | Net Current Assets | 0.50% | — |
| Hexaware Technologies | IT - Software | 0.49% | -0.05% |
| Torrent Power | Power | 0.47% | +0.01% |
| Infosys | IT - Software | 0.46% | -0.06% |
| Sudeep Pharma | Chemicals & Petrochemicals | 0.46% | +0.01% |
| Molbio Diagnostics | Equity | 0.45% | +0.08% |
| TBO Tek | Leisure Services | 0.44% | -0.01% |
| Kaynes Technology India | Industrial Manufacturing | 0.40% | -0.02% |
| Sonata Software | IT - Software | 0.40% | -0.04% |
| Tempsens Instruments | Industrial Manufacturing | 0.35% | -0.02% |
| Hyundai Motor India | Automobiles | 0.33% | -0.02% |
| Rentomojo | Commercial Services & Supplies | 0.32% | — |
| WeWork India Management | Commercial Services & Supplies | 0.31% | -0.01% |
| Atlanta Electricals | Electrical Equipment | 0.29% | -0.04% |
| Firstcry (Brainbees Solutions) | Retailing | 0.29% | +0.00% |
| Shiprocket | Transport Services | 0.24% | -0.03% |
| Lumino Industries | Industrial Products | 0.21% | +0.04% |
| SBI Funds Management | Capital Markets | 0.17% | -0.01% |
| One 97 Communications | Financial Technology (Fintech) | 0.14% | -0.30% |
| Kwality Walls | Food Products | 0.01% | -0.01% |
Sector Allocation · Sep 2026
View all 27 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 15.09 | 16.32 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.27 | -0.32 | Above Average |
| 3Y | 0.38 | -0.45 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.18 | 0.19 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+59.64% | +47.37% | — | +23.17% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.51% | +31.04% | — | +30.18% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+23.57% | — | — | +20.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+22.37% | — | — | +11.34% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+20.32% | +18.33% | +12.09% | +15.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+20.03% | — | — | +11.89% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+18.89% | +19.86% | +8.28% | +8.45% |
|
HDFC Defence Fund
Regular Plan · IDCW Option
|
+18.80% | +34.56% | — | +36.67% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+18.74% | — | — | +9.24% |
More From HDFC Asset Management Company Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
HDFC Silver ETF
Growth Option
|
+25.77% | +36.06% | — | +34.08% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · Growth Option
|
+25.51% | +31.04% | — | +30.18% |
|
HDFC Silver ETF Fund of Fund
Direct Plan · Growth Option
|
+25.37% | +35.62% | — | +32.02% |
|
HDFC Defence Fund
Direct Plan · Growth Option
|
+19.94% | +36.01% | — | +38.17% |
|
HDFC Developed World Overseas Equity Passive FOF
Direct plan · Growth
|
+18.91% | +25.41% | +15.25% | +16.26% |
|
HDFC Gold ETF
Growth Option
|
+16.82% | +30.99% | +23.25% | +12.15% |
|
HDFC Gold ETF Fund of Fund
Direct Plan · Growth Option
|
+16.53% | +30.86% | +23.07% | +10.47% |
|
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Direct Plan · Growth Option
|
+6.94% | — | — | +6.95% |
|
HDFC Arbitrage Fund
Direct Plan · Growth Option
|
+6.62% | +7.25% | +6.74% | +6.44% |
|
HDFC Credit Risk Fund
Direct Plan · IDCW Option
|
+6.53% | +8.11% | +7.12% | +7.95% |
About This Scheme
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.
Stated Asset Allocation
Equity and Equity related instruments of companies/entities following the innovation theme: 80% - 100 Equity and Equity related instruments of companies/entities other than those mentioned above: 0% - 20% Units of issued by InvITs: 0% - 10% Money market instruments, Other liquid instruments and Units of Mutual Fund^^ 0% - 20% Gold and Silver instruments: 0% - 20% ^^Units of Domestic Mutual Funds shall only include Overnight Funds, Liquid Funds and Money Market Mutual Funds. Further other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI from time to time. For detailed asset allocation, refer Scheme Information Document (SID) available on the website.
Exit Load
• In respect of each purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switched-out within 1 month from the date of allotment. • No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.
Fund Managers
FM 1 - Mr.Amit Sinha, FM 2 - Mr.Gopal Agrawal, FM 3 - Mr. Bhagyesh Kagalkar
FM 1 - Fund Manager of the scheme, FM 2 -Fund Manager for Overseas Investments, FM 3 - Fund Manager for investments in Gold/Silver instruments
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.