
Nippon India Innovation Fund Direct Growth
Nippon India Innovation Fund Direct Growth
as on 03 Nov 2026
Nippon India Innovation Fund Direct Growth is a Equity mutual fund scheme launched on 28 Aug 2023. The current NAV stands at ₹14.6268 as of 03 Nov 2026. From the funds total AUM, its top holdings include Samvardhana Motherson International at 4.86%, Eternal at 4.21%, Varun Beverages at 4.19%, Trent at 3.92%, Info Edge at 3.90%
Scheme Overview
- Inception Date : 28 Aug 2023
- AUM : ₹2,923.04 Cr
- 3Y Returns (CAGR) : 13.11%
- Expense Ratio : 0.87%
- Min. SIP : ₹100
- Min. Lumpsum : ₹500
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
3Y
₹ 18.95 L
3.50%
₹ 20.40 L
8.00%
₹ 22.15 L
13.11%
Total Investment
₹ 18,00,000
Returns
₹ 4,14,808 (13.11%)
Maturity Value
₹ 22,14,808
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
Sorry, No Data Available at this Moment!
Returns vs Category
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*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 2,923.04 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹2,923.04 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Consumer Cyclical | 32.34% | ||
| Industrials | 16.13% | ||
| Financial Services | 13.41% | ||
| Technology | 10.53% | ||
| Healthcare | 9.30% | ||
| Consumer Defensive | 9.10% | ||
| Communication Services | 3.90% | ||
| Utilities | 2.73% | ||
| Other | 2.26% | ||
| Basic Materials | 0.29% |
Stock Holdings
as of 31 May 2026
Fund Comparison
Fund Details
52W High NAV
₹ 15.9688
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 500.00
AUM (in Cr.)
₹ 2,923.04
Expense Ratio
0.87%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 12.6413
Inception Date
28 Aug 2023
Fund Age
3 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
| Name | Qualification |
|---|---|
| Vinay Sharma | MBA., CFA |
| Rishit Parikh | MBA, B-Tech |
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
No. of Schemes
70
Total AUM
₹ 5,37,300.17 Cr
Contact Details
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
Contact Details
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
FAQs
When was Nippon India Innovation Fund launched?
What is the current NAV of Nippon India Innovation Fund?
What is the AUM of Nippon India Innovation Fund?
What is the rate of return of Nippon India Innovation Fund?
- In the past 1Y: -2.97%
- In the past 3Y: 13.11%
- In the past 5Y: 0.00%
What is the expense ratio of Nippon India Innovation Fund?
What is exit load of Nippon India Innovation Fund?
What is the portfolio of Nippon India Innovation Fund?
- Samvardhana Motherson International: 4.86%
- Eternal: 4.21%
- Varun Beverages: 4.19%
- Trent: 3.92%
- Info Edge: 3.90%
Top 3 sectoral holdings include:
- Consumer Cyclical: 32.34%
- Industrials: 16.13%
- Financial Services: 13.41%
How risky is investing in Nippon India Innovation Fund?
Who is the fund manager Nippon India Innovation Fund?
What is the minimum investment required in Nippon India Innovation Fund?
How to invest in Nippon India Innovation Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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