Returns
NA
Inception Date
17/07/2025
Very High
Min SIP
₹ 100
Ideal for
Wealth Creation
3 Years and above
An entry load is a fee charged to investors when they purchase units of a Mutual Fund scheme. This fee was used to cover distribution and marketing expenses incurred by the Asset Management Company (AMC). Currently, Mutual Funds in India do not levy entry loads.
NA
TER
The Total Expense Ration (TER) represents the costs for running and managing a Mutual Fund scheme. It is calculated as a percentage of the scheme’s average Net Asset Value (NAV). The daily NAV of a Mutual Fund is disclosed after deducting these expenses.
Disclaimer
Including Additional Expenses and Goods and Service Tax on Management Fees, if any. Click here to view the Total Expense Ratio
A lock-in period is the fixed duration during which investors cannot sell or redeem their investments/Mutual Fund units. For example, Equity Linked Savings Schemes (ELSS) Funds have a 3-year lock-in.
NA
Net Asset Value (NAV) per unit is the total market value of securities of a scheme minus liabilities divided by the total number of outstanding units on a given date.
NA
Assets Under Management (AUM) is the total market value of all assets that a Mutual Fund manages on behalf of its investors.
₹2,517.67 Cr.
A benchmark is a standard market index used to compare a Fund’s performance. It helps investors know whether the Fund is performing better, worse, or similar to the market.
NIFTY 500 Index
Performance
Fund Managers
Mr. Amit Sinha
Fund Manager and Senior Equity Analyst
OVERSEAS
Mr. Dhruv Muchhal
Equity Analyst and Fund Manager for Overseas Investments
Top 10 Holdings
As on 31 Jul 2025
Downloads
HDFC Innovation Fund
SID - HDFC Innovation Fund dated June 04, 2025
KIM & App Form - HDFC Innovation Fund dated June 04, 2025
NFO Presentation
NFO Leaflet
Exit Load
- In respect of each purchase / switch-in of Units, an Exit Load of 1% 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.
- In respect of Systematic Transactions such as SIP, STPs etc., Exit Load, if any, prevailing on the date of registration / enrolment shall be levied.
Product Labelling
Benchmark Riskometer
This product is suitable for investors who are seeking*:
- Capital appreciation over long term
- To invest in equity and equity related instruments of companies that are adopting innovative themes and strategies
*Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
# The product labeling assigned during the NFO is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.