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Mutual FundsNippon India Innovation Fund Direct - Growth

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Nippon India Innovation Fund Direct - Growth

EquitySectoral / Thematic

1 Year Returns

12.71%profit

NAV (₹) on 05 Mar 2026

13.8516

1 Day NAV Change (₹)

0.1479
Overview
Direct vs Regular
Returns Comparison
Historical Data
Holdings
Fund Details
AMC Details
FAQs

About Fund

Nippon India Innovation Fund Direct - Growth is a Equity mutual fund scheme launched on 28 Aug 2023. Investors can begin their investment journey with a minimum SIP of ₹100 or a lumpsum investment of ₹500.

NAV

NIFTY50

Returns Calculator

Based on Annualised Returns

Investment Type

SIP Amount

Investment Period

1Y

₹ 6.10 L

3.50%

₹ 6.27 L

8.00%

₹ 6.43 L

12.71%

Savings Account
Regular Funds
This Fund on Dhan

Total Investment

₹ 6,00,000

Returns

₹ 42,955 (7.16%)

Maturity Value

₹ 6,42,955

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Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.

Direct vs Regular Returns

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Returns Comparison

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*The above returns are absolute.

Historical Returns

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SIP Logo

Start SIP with as Low as ₹100.

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Historical NAV
10 Days
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
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Asset Allocation

AUM

₹2,696.94 Cr

Cash Holding

-

Equity

-

Cash

-

Debt

-

Other

-

Sector Holdings

No data

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Stock Holdings

No data

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Fund Comparison

Fund Details

52W High NAV

₹ 15.3647

Min. SIP Amount

₹ 100.00

Min. Lumpsum Amount

₹ 500.00

AUM (in Cr.)

₹ 2,696.94

Expense Ratio

0.66%

Lock-in Period

No Lock in Period

52W Low NAV

₹ 12.1166

Inception Date

28 Aug 2023

Fund Age

2 Yrs

Benchmark

Nifty 500 TRI

Scheme Type

Open Ended

Stamp Duty

0.005% (from July 1st 2020)

Exit Load

  • Exit load of 1%, if redeemed within 1 year.

Tax Implication

  • If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%

Fund Managers

Vinay Sharma

Name

Vinay Sharma

Qualification

MBA., CFA

Kinjal Desai

Name

Kinjal Desai

Qualification

MSC (Economics)

Rishit Parikh

Name

Rishit Parikh

Qualification

MBA, B-Tech

Divya Dutt Sharma

Name

Divya Dutt Sharma

Qualification

Bachelor of Commerce, MSC Banking & Finance

Lokesh Maru

Name

Lokesh Maru

Qualification

Bachelor of Technology, CFA, FRM

Fund Objective

The investment objective of Nippon India Innovation Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies seeking to benefit from innovation i.e companies that invest in l innovation, research and development, new product development or new platforms to enhance their business and gain share in their respective sectors.

Risk-O-Meter

Investors understand that their principal will be at

Very High Risk

Risk Scale

Low

Moderately Low

Moderate

Moderately High

High

Very High

AMC Information

Nippon India Mutual Fund

Funds Managed

73

Assets Managed (₹ Cr)

₹ 4,99,427.89

Contact Details

telephone 022-68087000/1860260111

Registered Address

locate

4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.

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FAQs

Nippon India Innovation Fund was launched on 28 Aug 2023.
The current NAV of Nippon India Innovation Fund is ₹13.8516 as of 05 Mar 2026.
The latest value of AUM of Nippon India Innovation Fund is ₹2,696.94 crores as of 05 Mar 2026.
The return on investment of Nippon India Innovation Fund is:
  • In the past 1Y: 12.71%
  • In the past 3Y: 0.00%
  • In the past 5Y: 0.00%
The expense ratio of Nippon India Innovation Fund is 0.66%.
The exit load of Nippon India Innovation Fund is as follows:
Exit load of 1%, if redeemed within 1 year.
The portfolio of Nippon India Innovation Fund includes:
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Top 3 sectoral holdings include:
On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of Nippon India Innovation Fund is Very High.
The fund manager of Nippon India Innovation Fund is Vinay Sharma, Kinjal Desai, Rishit Parikh, Divya Dutt Sharma, Lokesh Maru.
If you wish to invest in Nippon India Innovation Fund, the minimum SIP amount is ₹100 and Lumpsum is ₹500.
You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in Nippon India Innovation Fund:
  • Open Demat Account on Dhan if you don't have one.
  • Analyze the fund performance.
  • Invest via SIP or Lumpsum.
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