What stocks does Tata India Innovation Fund hold?

Tata India Innovation Fund holds a portfolio of Indian equity stocks disclosed monthly by Tata Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Tata India Innovation Fund?

Tata India Innovation Fund is managed by Tata Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Tata India Innovation Fund?

Tata India Innovation Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is Tata India Innovation Fund portfolio data updated?

Portfolio holdings for Tata India Innovation Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Tata Mutual Fund

Tata India Innovation Fund- Direct Growth

Equity Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹1,365.40 Cr

Equity only, excl. debt & cash

Top 5 Weight

17.9%

Diversified

Top 10 Weight

31.7%

Diversified

Changes

5 new · 2 exits

Top Sector

Banks

16.9% of portfolio

📋 What Happened This Month Tata India Innovation Fund made 5 new additions and exited 2 stocks this month. The biggest new buy was Kotak Mahindra Bank Limited (Banks) at 1.25% weight. Larsen & Toubro Limited was the biggest exit (Construction), which was held at 2.99%. Among existing holdings, Dixon Technologies (India) Limited saw the biggest increase — now at 1.73% of the portfolio. Adani Ports and Special Economic Zone Limited was trimmed the most, now at 2.07%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 16.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Tata India Innovation Fund- Direct Growth

+2.75%

+15.42%

+0.12%

+1.92%

Latest NAV

₹10.05

24 Jun 2026

52W High

₹10.27

-2% from High

52W Low

₹8.40

+20% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

-0.3%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

2.2%

+ve in 75% windows

12.5% / -4.6%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-18.1%

Rec: Sep 2025 (8 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

NAV Chart ₹10.05 24 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

Tata India Innovation Fund- Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹10.05

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	18.2%	16.1%	▼ -2.2%
Healthcare Services	11.8%	11.7%	▼ -0.2%
Pharmaceuticals & Biotechnology	7.1%	7.1%	● -0.1%
Retailing	6.8%	6.9%	● +0.1%
Automobiles	6.8%	6.4%	▼ -0.3%
Auto Components	6.3%	6.1%	▼ -0.2%
IT - Software	6.0%	5.7%	▼ -0.3%
Telecom - Services	5.5%	5.6%	● +0.1%
Transport Infrastructure	3.5%	4.1%	▲ +0.6%
Petroleum Products	4.0%	3.9%	▼ -0.1%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	16.1%	16.9%	▲ +0.9%
Healthcare Services	11.7%	12.8%	▲ +1.1%
Pharmaceuticals & Biotechnology	7.1%	8.2%	▲ +1.1%
Retailing	6.9%	6.7%	▼ -0.2%
Auto Components	6.1%	6.4%	▲ +0.3%
Automobiles	6.4%	6.2%	▼ -0.3%
Telecom - Services	5.6%	5.9%	▲ +0.4%
IT - Software	5.7%	5.6%	▼ -0.2%
Electrical Equipment	3.5%	4.6%	▲ +1.1%
Petroleum Products	3.9%	3.5%	▼ -0.4%

🟢

Biggest New Buy

Kotak Mahindra Bank Limited

1.25% weight · Banks

🔴

Biggest Exit

Larsen & Toubro Limited

2.99% was held · Construction

↑

Biggest Add

Dixon Technologies (India) Limited

+1.13% · now 1.73%

↓

Biggest Trim

Adani Ports and Special Economic Zone Limited

-1.99% · now 2.07%

🤝 Other funds also bought this month

Kotak Mahindra Bank Limited 43 funds

Cummins India Limited 29 funds

CG Power and Industrial Solutions Limited 27 funds

Adani Energy Solutions Limited 25 funds

Aditya Birla Sun Life AMC Limited 13 funds

👋 Other funds also exited

Larsen & Toubro Limited 16 funds

Physicswallah Ltd 2 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 5 New Entries 🔴 2 Exits ↑ 28 Increased ↓ 29 Decreased

#	Stock	Sector	Weight (May 2026)
1	Kotak Mahindra Bank Limited ₹17.29 Cr	Banks	1.25%
2	Adani Energy Solutions Limited ₹15.09 Cr	Power	1.09%
3	Aditya Birla Sun Life AMC Limited ₹14.86 Cr	Capital Markets	1.07%
4	Cummins India Limited ₹14.70 Cr	Industrial Products	1.06%
5	CG Power and Industrial Solutions Limited ₹4.59 Cr	Electrical Equipment	0.33%

#	Stock	Sector	Last Weight (Apr 2026)
1	Larsen & Toubro Limited ₹40.74 Cr	Construction	2.99%
2	Physicswallah Ltd ₹1.02 Cr	Other Consumer Services	0.07%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Dixon Technologies (India) Limited ₹23.92 Cr	Consumer Durables	0.60%	1.73%	+1.13%
2	Dr. Lal Path Labs Limited ₹52.65 Cr	Healthcare Services	3.28%	3.80%	+0.52%
3	Tata Communications Limited ₹39.20 Cr	Telecom - Services	2.31%	2.83%	+0.52%
4	Wockhardt Limited ₹22.63 Cr	Pharmaceuticals & Biotechnology	1.14%	1.63%	+0.49%
5	Thermax Limited ₹36.14 Cr	Electrical Equipment	2.17%	2.61%	+0.44%
6	Sona BLW Precision Forgings Limited ₹18.22 Cr	Auto Components	0.89%	1.31%	+0.42%
7	Acutaas Chemicals Ltd ₹36.02 Cr	Pharmaceuticals & Biotechnology	2.28%	2.60%	+0.32%
8	Metropolis Healthcare Limited ₹32.46 Cr	Healthcare Services	2.04%	2.34%	+0.30%
9	Firstsource Solutions Limited ₹24.13 Cr	Commercial Services & Supplies	1.44%	1.74%	+0.30%
10	Emmvee Photovoltaic Power Ltd ₹22.49 Cr	Electrical Equipment	1.33%	1.62%	+0.29%
11	Samvardhana Motherson International Limited ₹20.59 Cr	Auto Components	1.26%	1.49%	+0.23%
12	Orchid Pharma Limited ₹11.42 Cr	Pharmaceuticals & Biotechnology	0.66%	0.82%	+0.16%
13	Apollo Hospitals Enterprise Limited ₹41.68 Cr	Healthcare Services	2.86%	3.01%	+0.15%
14	Vijaya Diagnostic Centre Limited ₹12.68 Cr	Healthcare Services	0.80%	0.92%	+0.12%
15	Healthcare Global Enterprises Limited ₹15.08 Cr	Healthcare Services	0.99%	1.09%	+0.10%
16	JB Chemicals & Pharmaceuticals Limited ₹18.28 Cr	Pharmaceuticals & Biotechnology	1.26%	1.32%	+0.06%
17	Adani Power Limited ₹11.56 Cr	Power	0.77%	0.83%	+0.06%
18	Carborundum Universal Limited ₹11.88 Cr	Industrial Products	0.81%	0.86%	+0.05%
19	eClerx Services Limited ₹11.44 Cr	Commercial Services & Supplies	0.80%	0.83%	+0.03%
20	Akzo Nobel India Limited ₹7.88 Cr	Consumer Durables	0.54%	0.57%	+0.03%
21	Piramal Pharma Limited ₹6.91 Cr	Pharmaceuticals & Biotechnology	0.47%	0.50%	+0.03%
22	Sonata Software Limited ₹15.27 Cr	IT - Software	1.08%	1.10%	+0.02%
23	PB Fintech Limited ₹30.58 Cr	Financial Technology (Fintech)	2.20%	2.21%	+0.01%
24	RBL Bank Limited ₹22.77 Cr	Banks	1.63%	1.64%	+0.01%
25	Bajaj Finserv Limited ₹17.84 Cr	Finance	1.28%	1.29%	+0.01%
26	Affle 3i Limited ₹15.14 Cr	IT - Services	1.08%	1.09%	+0.01%
27	InterGlobe Aviation Limited ₹8.81 Cr	Transport Services	0.63%	0.64%	+0.01%
28	EQ - LAXMI DENTAL LIMITED ₹1.17 Cr	Healthcare Equipment & Supplies	0.07%	0.08%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Adani Ports and Special Economic Zone Limited ₹28.67 Cr	Transport Infrastructure	4.06%	2.07%	-1.99%
2	Reliance Industries Limited ₹48.49 Cr	Petroleum Products	3.85%	3.50%	-0.35%
3	Craftsman Automation Limited ₹12.75 Cr	Auto Components	1.18%	0.92%	-0.26%
4	Bharti Airtel Limited ₹42.90 Cr	Telecom - Services	3.25%	3.10%	-0.15%
5	Hero MotoCorp Limited ₹31.87 Cr	Automobiles	2.43%	2.30%	-0.13%
6	HDFC Bank Limited ₹31.72 Cr	Banks	2.41%	2.29%	-0.12%
7	ICICI Bank Limited ₹60.06 Cr	Banks	4.43%	4.33%	-0.10%
8	Swiggy Limited ₹19.72 Cr	Retailing	1.52%	1.42%	-0.10%
9	Newgen Software Technologies Limited ₹8.32 Cr	IT - Software	0.70%	0.60%	-0.10%
10	Mahindra & Mahindra Limited ₹31.98 Cr	Automobiles	2.39%	2.31%	-0.08%
11	State Bank of India ₹9.64 Cr	Banks	0.78%	0.70%	-0.08%
12	Syngene International Limited ₹12.25 Cr	Healthcare Services	0.95%	0.88%	-0.07%
13	Vishal Mega Mart Limited ₹33.63 Cr	Retailing	2.48%	2.43%	-0.05%
14	Maruti Suzuki India Limited ₹21.66 Cr	Automobiles	1.61%	1.56%	-0.05%
15	Infosys Limited ₹20.40 Cr	IT - Software	1.52%	1.47%	-0.05%
16	Karur Vysya Bank Limited ₹18.83 Cr	Banks	1.40%	1.36%	-0.04%
17	TBO Tek Limited ₹17.14 Cr	Leisure Services	1.28%	1.24%	-0.04%
18	Pricol Limited ₹15.14 Cr	Auto Components	1.13%	1.09%	-0.04%
19	Aster DM Healthcare Limited ₹9.86 Cr	Healthcare Services	0.75%	0.71%	-0.04%
20	Ujjivan Small Finance Bank Limited ₹8.43 Cr	Banks	0.65%	0.61%	-0.04%
21	Havells India Limited ₹5.88 Cr	Consumer Durables	0.46%	0.42%	-0.04%
22	ZF Commercial Vehicle Control Systems India Limited ₹22.61 Cr	Auto Components	1.66%	1.63%	-0.03%
23	Tech Mahindra Limited ₹32.94 Cr	IT - Software	2.40%	2.38%	-0.02%
24	Dabur India Limited ₹21.06 Cr	Personal Products	1.54%	1.52%	-0.02%
25	PCBL Chemical Limited ₹16.91 Cr	Chemicals & Petrochemicals	1.24%	1.22%	-0.02%
26	LG Electronics India Ltd ₹3.81 Cr	Consumer Durables	0.29%	0.27%	-0.02%
27	Axis Bank Limited ₹44.52 Cr	Banks	3.22%	3.21%	-0.01%
28	Eternal Limited ₹37.59 Cr	Retailing	2.72%	2.71%	-0.01%
29	Meesho Ltd ₹2.06 Cr	Retailing	0.16%	0.15%	-0.01%

What Stocks Does This Fund Hold?

65 stocks — May 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹60.06 Cr	Banks	4.33%
2	Dr. Lal Path Labs Limited ₹52.65 Cr	Healthcare Services	3.80%
3	Reliance Industries Limited ₹48.49 Cr	Petroleum Products	3.50%
4	Axis Bank Limited ₹44.52 Cr	Banks	3.21%
5	Bharti Airtel Limited ₹42.90 Cr	Telecom - Services	3.10%
6	Apollo Hospitals Enterprise Limited ₹41.68 Cr	Healthcare Services	3.01%
7	Tata Communications Limited ₹39.20 Cr	Telecom - Services	2.83%
8	Eternal Limited ₹37.59 Cr	Retailing	2.71%
9	Thermax Limited ₹36.14 Cr	Electrical Equipment	2.61%
10	Acutaas Chemicals Ltd ₹36.02 Cr	Pharmaceuticals & Biotechnology	2.60%
11	Vishal Mega Mart Limited ₹33.63 Cr	Retailing	2.43%
12	Tech Mahindra Limited ₹32.94 Cr	IT - Software	2.38%
13	Metropolis Healthcare Limited ₹32.46 Cr	Healthcare Services	2.34%
14	Mahindra & Mahindra Limited ₹31.98 Cr	Automobiles	2.31%
15	Hero MotoCorp Limited ₹31.87 Cr	Automobiles	2.30%
16	HDFC Bank Limited ₹31.72 Cr	Banks	2.29%
17	PB Fintech Limited ₹30.58 Cr	Financial Technology (Fintech)	2.21%
18	Adani Ports and Special Economic Zone Limited ₹28.67 Cr	Transport Infrastructure	2.07%
19	Firstsource Solutions Limited ₹24.13 Cr	Commercial Services & Supplies	1.74%
20	Dixon Technologies (India) Limited ₹23.92 Cr	Consumer Durables	1.73%
21	RBL Bank Limited ₹22.77 Cr	Banks	1.64%
22	Wockhardt Limited ₹22.63 Cr	Pharmaceuticals & Biotechnology	1.63%
23	ZF Commercial Vehicle Control Systems India Limited ₹22.61 Cr	Auto Components	1.63%
24	Emmvee Photovoltaic Power Ltd ₹22.49 Cr	Electrical Equipment	1.62%
25	Maruti Suzuki India Limited ₹21.66 Cr	Automobiles	1.56%
26	Bank of Baroda ₹21.48 Cr	Banks	1.55%
27	Dabur India Limited ₹21.06 Cr	Personal Products	1.52%
28	Samvardhana Motherson International Limited ₹20.59 Cr	Auto Components	1.49%
29	Infosys Limited ₹20.40 Cr	IT - Software	1.47%
30	Swiggy Limited ₹19.72 Cr	Retailing	1.42%
31	Karur Vysya Bank Limited ₹18.83 Cr	Banks	1.36%
32	JB Chemicals & Pharmaceuticals Limited ₹18.28 Cr	Pharmaceuticals & Biotechnology	1.32%
33	Sona BLW Precision Forgings Limited ₹18.22 Cr	Auto Components	1.31%
34	Bajaj Finserv Limited ₹17.84 Cr	Finance	1.29%
35	Kotak Mahindra Bank Limited ₹17.29 Cr	Banks	1.25%
36	TBO Tek Limited ₹17.14 Cr	Leisure Services	1.24%
37	PCBL Chemical Limited ₹16.91 Cr	Chemicals & Petrochemicals	1.22%
38	Sonata Software Limited ₹15.27 Cr	IT - Software	1.10%
39	Pricol Limited ₹15.14 Cr	Auto Components	1.09%
40	Affle 3i Limited ₹15.14 Cr	IT - Services	1.09%
41	Adani Energy Solutions Limited ₹15.09 Cr	Power	1.09%
42	Healthcare Global Enterprises Limited ₹15.08 Cr	Healthcare Services	1.09%
43	Aditya Birla Sun Life AMC Limited ₹14.86 Cr	Capital Markets	1.07%
44	Cummins India Limited ₹14.70 Cr	Industrial Products	1.06%
45	Craftsman Automation Limited ₹12.75 Cr	Auto Components	0.92%
46	Vijaya Diagnostic Centre Limited ₹12.68 Cr	Healthcare Services	0.92%
47	Syngene International Limited ₹12.25 Cr	Healthcare Services	0.88%
48	Carborundum Universal Limited ₹11.88 Cr	Industrial Products	0.86%
49	eClerx Services Limited ₹11.44 Cr	Commercial Services & Supplies	0.83%
50	Adani Power Limited ₹11.56 Cr	Power	0.83%
51	Orchid Pharma Limited ₹11.42 Cr	Pharmaceuticals & Biotechnology	0.82%
52	Aurobindo Pharma Limited ₹11.41 Cr	Pharmaceuticals & Biotechnology	0.82%
53	Aster DM Healthcare Limited ₹9.86 Cr	Healthcare Services	0.71%
54	State Bank of India ₹9.64 Cr	Banks	0.70%
55	InterGlobe Aviation Limited ₹8.81 Cr	Transport Services	0.64%
56	Ujjivan Small Finance Bank Limited ₹8.43 Cr	Banks	0.61%
57	Newgen Software Technologies Limited ₹8.32 Cr	IT - Software	0.60%
58	Akzo Nobel India Limited ₹7.88 Cr	Consumer Durables	0.57%
59	Piramal Pharma Limited ₹6.91 Cr	Pharmaceuticals & Biotechnology	0.50%
60	Indoco Remedies Ltd ₹6.33 Cr	Pharmaceuticals & Biotechnology	0.46%
61	Havells India Limited ₹5.88 Cr	Consumer Durables	0.42%
62	CG Power and Industrial Solutions Limited ₹4.59 Cr	Electrical Equipment	0.33%
63	LG Electronics India Ltd ₹3.81 Cr	Consumer Durables	0.27%
64	Meesho Ltd ₹2.06 Cr	Retailing	0.15%
65	EQ - LAXMI DENTAL LIMITED ₹1.17 Cr	Healthcare Equipment & Supplies	0.08%