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Fund Overview of HDFC Innovation Fund Direct-idcw
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₹2,679.1 CrAUM
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₹10.84NAV
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0.97%Expense Ratio
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of HDFC Innovation Fund Direct-idcw
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 13.69% | NA | NA |
| 6 Months | 6.54% | NA | NA |
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Asset Allocation
equities
96.65%other assets or cash equivalents
3.35%Launched on 17 Jul 2025, the fund aims Capital appreciation over long term, to invest in equity and equity related instruments of companies that are adopting innovative themes and strategies. It manages assets worth ₹2,679.1 crore as on Sun May 31, 2026. The expense ratio stands at 0.97%. Fund Manager Manager Education Fund Manager Manager EducationAbout HDFC Innovation Fund Direct-idcw
The portfolio allocation consists of 96.65% in equities, 3.35% in other assets or cash equivalents.Managed by Dhruv Muchhal, it has delivered a return of 0.00% in the last year, a total return since inception of 8.38%.
Based on risk tolerance individuals may review best sip plans during the long-term financial strategy.
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Kotak Pioneer Fund Direct-growth  |
₹3,687 | 2.55% | 14.65% | 11.19% | 20.72% | 16.72% |
| Kotak Pioneer Fund Direct-idcw |
₹3,687 | 2.55% | 14.65% | 11.19% | 20.72% | 16.72% |
| Kotak Pioneer Fund Regular-growth |
₹3,687 | 2.43% | 14.26% | 9.68% | 19.05% | 15.01% |
| Kotak Pioneer Fund Regular-idcw |
₹3,687 | 2.43% | 14.26% | 9.68% | 19.05% | 15.01% |
| Axis Innovation Fund Direct-growth |
₹1,167 | 1.44% | 12.14% | 5.20% | 14.78% | 12.46% |
| Axis Innovation Fund Direct-idcw |
₹1,167 | 1.44% | 12.14% | 5.20% | 14.78% | 12.46% |
| Axis Innovation Fund Regular-growth |
₹1,167 | 1.33% | 11.85% | 4.21% | 13.59% | 11.09% |
| Axis Innovation Fund Regular-idcw |
₹1,167 | 1.33% | 11.85% | 4.21% | 13.59% | 11.09% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from HDFC Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
|
HDFC Innovation Fund Direct-growth
|
₹2,679 | 5.92% | 13.69% | 6.54% | - | - |
|
HDFC Innovation Fund Regular-growth
|
₹2,679 | 5.82% | 13.36% | 5.90% | - | - |
|
HDFC Innovation Fund Regular-idcw
|
₹2,679 | 5.82% | 13.36% | 5.90% | - | - |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Innovation Fund-growth |
₹7,453 | ₹18.66 | 20.38% | - | - |
| ICICI Prudential Innovation Fund Direct-growth |
₹7,453 | ₹19.35 | 21.81% | - | - |
| ICICI Prudential Innovation Fund-idcw |
₹7,453 | ₹15.73 | 20.38% | - | - |
| ICICI Prudential Innovation Fund Direct-idcw |
₹7,453 | ₹16.38 | 21.81% | - | - |
| Kotak Pioneer Fund Regular-growth |
₹3,687 | ₹33.46 | 19.05% | 15.01% | - |
| Kotak Pioneer Fund Direct-growth |
₹3,687 | ₹37.09 | 20.72% | 16.72% | - |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Zomato Ltd | Technology | 8.75% | ₹234.44 Cr |
| Bajaj Finance Ltd | Financial | 4.47% | ₹119.89 Cr |
| Reliance Industries Ltd | Energy & Utilities | 4.34% | ₹116.27 Cr |
| Pb Fintech Ltd | Financial | 4.23% | ₹113.29 Cr |
| Divi's Laboratories Ltd | Healthcare | 3.94% | ₹105.68 Cr |
| Bharat Electronics Ltd | Industrials | 3.88% | ₹103.88 Cr |
| Mahindra & Mahindra Ltd | Consumer Discretionary | 3.77% | ₹100.90 Cr |
| Repo | Unspecified | 3.59% | ₹96.09 Cr |
| Lenskart Solutions Ltd. | 3.40% | ₹90.98 Cr | |
| Ge T&d India Ltd | Industrials | 3.06% | ₹82.08 Cr |
| Hindustan Aeronautics Ltd | Industrials | 2.96% | ₹79.18 Cr |
| Torrent Pharmaceuticals Ltd | Healthcare | 2.59% | ₹69.50 Cr |
| Navin Fluorine International Ltd | Materials | 2.34% | ₹62.72 Cr |
| Tata Power Company Ltd | Energy & Utilities | 2.27% | ₹60.81 Cr |
| Info Edge (india) Ltd | Technology | 2.24% | ₹60.11 Cr |
| Sun Pharmaceutical Industries Ltd | Healthcare | 2.13% | ₹57.06 Cr |
| Cummins India Ltd | Industrials | 1.91% | ₹51.06 Cr |
| Rubicon Research Ltd. | 1.85% | ₹49.44 Cr | |
| Laurus Labs Ltd | Healthcare | 1.77% | ₹47.31 Cr |
| Srf Ltd | Materials | 1.76% | ₹47.18 Cr |
| Emmvee Photovoltaic Power Ltd. | 1.75% | ₹46.84 Cr | |
| Bharat Forge Ltd | Consumer Discretionary | 1.75% | ₹46.80 Cr |
| Jsw Energy Ltd | Energy & Utilities | 1.74% | ₹46.50 Cr |
| Coforge Ltd | Technology | 1.67% | ₹44.64 Cr |
| Samvardhana Motherson International Ltd | Consumer Discretionary | 1.62% | ₹43.45 Cr |
| Sona Blw Precision Forgings Ltd | Consumer Discretionary | 1.48% | ₹39.70 Cr |
| Sai Life Sciences Ltd. | Healthcare | 1.36% | ₹36.33 Cr |
| Thyrocare Technologies Ltd | Healthcare | 1.34% | ₹35.94 Cr |
| Godrej Consumer Products Ltd | Consumer Staples | 1.28% | ₹34.28 Cr |
| Persistent Systems Ltd | Technology | 1.25% | ₹33.49 Cr |
| Anthem Biosciences Ltd. | Healthcare | 1.21% | ₹32.47 Cr |
| Lupin Ltd | Healthcare | 1.19% | ₹31.94 Cr |
| Abb India Ltd | Industrials | 1.07% | ₹28.79 Cr |
| Amagi Media Labs Ltd. | 0.92% | ₹24.74 Cr | |
| Saatvik Green Energy Ltd. | 0.90% | ₹24.03 Cr | |
| Hindustan Unilever Ltd | Consumer Staples | 0.87% | ₹23.26 Cr |
| Onemi Technology Solutions Ltd. | 0.84% | ₹22.49 Cr | |
| Siemens Ltd | Diversified | 0.83% | ₹22.18 Cr |
| 3m India Ltd | Diversified | 0.82% | ₹21.98 Cr |
| Biocon Ltd | Healthcare | 0.80% | ₹21.52 Cr |
| Sedemac Mechatronics Ltd. | 0.72% | ₹19.21 Cr | |
| Le Travenues Technology Ltd. | Consumer Discretionary | 0.70% | ₹18.66 Cr |
| Interglobe Aviation Ltd | Industrials | 0.65% | ₹17.47 Cr |
| Mphasis Ltd | Technology | 0.64% | ₹17.13 Cr |
| Torrent Power Ltd | Energy & Utilities | 0.64% | ₹17.04 Cr |
| Infosys Ltd | Technology | 0.63% | ₹16.90 Cr |
| Hexaware Technologies Limited Eq New Fv Rs.2/- | Technology | 0.59% | ₹15.81 Cr |
| Neuland Laboratories Ltd | Healthcare | 0.53% | ₹14.19 Cr |
| Aequs Ltd. | 0.51% | ₹13.54 Cr | |
| Sonata Software Ltd | Technology | 0.48% | ₹12.88 Cr |
| Urban Company Ltd. | 0.48% | ₹12.86 Cr | |
| Atlanta Electricals Ltd. | 0.42% | ₹11.31 Cr | |
| Kaynes Technology India Ltd | Technology | 0.42% | ₹11.28 Cr |
| Brainbees Solutions Ltd. | Consumer Discretionary | 0.42% | ₹11.27 Cr |
| Billionbrains Garage Ventures Ltd. | 0.39% | ₹10.35 Cr | |
| Tbo Tek Ltd. | Consumer Discretionary | 0.38% | ₹10.20 Cr |
| Hyundai Motor India Ltd. | Consumer Discretionary | 0.37% | ₹9.82 Cr |
| Tenneco Clean Air India Ltd. | 0.35% | ₹9.46 Cr | |
| Wework India Management Ltd. | 0.33% | ₹8.91 Cr | |
| Sudeep Pharma Ltd. | 0.33% | ₹8.76 Cr | |
| Icici Prudential Asset Management Company Ltd. | 0.31% | ₹8.36 Cr | |
| Kwality Walls India Ltd | 0.01% | ₹0.29 Cr | |
| Net Payables | Unspecified | -0.24% | ₹-5.86 Cr |
Top Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Kotak Pioneer Fund Direct-growth |
₹37.09 | 20.72% | 16.72% | - |
| Kotak Pioneer Fund Direct-idcw |
₹37.08 | 20.72% | 16.72% | - |
| Kotak Pioneer Fund Regular-growth |
₹33.46 | 19.05% | 15.01% | - |
| Kotak Pioneer Fund Regular-idcw |
₹33.48 | 19.05% | 15.01% | - |
| Axis Innovation Fund Direct-growth |
₹20.42 | 14.78% | 12.46% | - |
| Axis Innovation Fund Direct-idcw |
₹17.10 | 14.78% | 12.46% | - |
| Axis Innovation Fund Regular-growth |
₹19.06 | 13.59% | 11.09% | - |
| Axis Innovation Fund Regular-idcw |
₹15.96 | 13.59% | 11.09% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
HDFC Innovation Fund Direct-idcw
What is the current AUM of HDFC Innovation Fund Direct-idcw?
As of Sun May 31, 2026, HDFC Innovation Fund Direct-idcw manages assets worth ₹2,679.1 crore
How has HDFC Innovation Fund Direct-idcw performed recently?
- 3 Months: 13.69%
- 6 Months: 6.54%
What is the long-term performance of HDFC Innovation Fund Direct-idcw?
- Since Inception: 8.38%
What is the portfolio composition of HDFC Innovation Fund Direct-idcw?
Equity: 96.65%, Others: 3.35%.
Who manages HDFC Innovation Fund Direct-idcw?
HDFC Innovation Fund Direct-idcw is managed by Dhruv Muchhal from HDFC Mutual Fund.
What is the market-cap allocation of HDFC Innovation Fund Direct-idcw?
Large Cap: 50.33%, Mid Cap: 30.59%, Small Cap: 19.08%.
Which are the top companies HDFC Innovation Fund Direct-idcw has invested in?
- Zomato Ltd – 8.75% of the fund's portfolio
- Bajaj Finance Ltd – 4.47% of the fund's portfolio
- Reliance Industries Ltd – 4.34% of the fund's portfolio
- PB Fintech Ltd – 4.23% of the fund's portfolio
- Divi's Laboratories Ltd – 3.94% of the fund's portfolio
Which are the major sectors HDFC Innovation Fund Direct-idcw focuses on?
- Healthcare – 16.86% of the fund's portfolio
- Technology – 16.67% of the fund's portfolio
- Industrials – 13.53% of the fund's portfolio
- Other – 13.51% of the fund's portfolio
- Consumer Discretionary – 10.49% of the fund's portfolio
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