Nippon India Innovation Fund Direct Growth
3Y Annualised
N/A
0.28% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
5.58%
0.28% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
7 years 8 months
5 years 8 months
9 years 7 months
Fund info
Fund size
₹2309.57 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹500
Exit load
0%
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter
Risk Profile
Very High Risk
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Motilal Oswal Nifty Capital Market ETF
2nd
HDFC Defence Fund Direct Payout Inc Dist cum Cap Wdrl
3rd
HDFC Defence Fund Direct Reinvestment Inc Dist cum Cap Wdrl
4th
HDFC Defence Fund Direct Growth
5th
HDFC Defence Fund Regular Reinvestment Inc Dist cum Cap Wdrl
65th
Nippon India Innovation Fund Direct Growth
Fund Managers
About Nippon India Innovation Fund Direct Growth
Nippon India Innovation Fund Direct Growth is a Equity mutual fund scheme from Nippon Life India Asset Management Ltd. This fund has been in existence for 1 years, having been launched on 2023-08-28. Nippon India Innovation Fund Direct Growth has ₹2309.57 Cr worth of assets under management (AUM) as of Wed Apr 23 2025. The latest Net Asset Value (NAV) of Nippon India Innovation Fund Direct Growth as of Wed Apr 23 2025 is ₹13.6172. The fund has an expense ratio of 0.69%, which is medium comparable to most other Equity funds.
Nippon India Innovation Fund Direct Growth returns for the last 1 year are 9.49%. Since launch, it has delivered 19.96% average annual returns.
The Nippon India Innovation Fund Direct Growth has the majority of its money invested in Consumer Defensive, Industrials, Consumer Cyclical, Financial Services, Communication Services sectors.
Top 5 Holdings of Nippon India Innovation Fund Direct Growth.
- Avenue Supermarts Ltd: 4.54%
- 3M India Ltd: 4.52%
- Siemens Ltd: 4.26%
- FSN E-Commerce Ventures Ltd: 4.18%
- Bajaj Finserv Ltd: 3.99%
AMC Information
| Name | Nippon Life India Asset Management Ltd |
|---|---|
| Founding Date | 2023-08-28 |
| customercare@nipponindiaim.in | |
| Phone | 022-6808 7000/18602660111 |
| Website | https://mf.nipponindiaim.com/ |
| Address | Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W) |
Tax Implications of Nippon India Innovation Fund Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
Similar Funds from Nippon Life India Asset Management Ltd
AllocationAggressive Allocation
3Y CAGR
15.95%
expense ratio
1.11%
fund size
₹3687.73 Cr
EquityELSS (Tax Savings)
3Y CAGR
18.20%
expense ratio
1.05%
fund size
₹14392.25 Cr
EquityMulti-Cap
3Y CAGR
23.72%
expense ratio
0.80%
fund size
₹38636.66 Cr
AllocationEquity Savings
3Y CAGR
9.36%
expense ratio
0.74%
fund size
₹691.68 Cr
AllocationEquity Savings
3Y CAGR
8.37%
expense ratio
1.78%
fund size
₹691.68 Cr
FAQs
What is the current NAV of Nippon India Innovation Fund Direct Growth?
What are the average returns of Nippon India Innovation Fund Direct Growth?
How do I invest in Nippon India Innovation Fund Direct Growth?
What is the expense ratio of Nippon India Innovation Fund Direct Growth?
What are net assets under management (AUM) of Nippon India Innovation Fund Direct Growth?
What is the PE and PB ratio of Nippon India Innovation Fund Direct Growth?
What are the top 5 holdings of Nippon India Innovation Fund Direct Growth?
What are the top 3 sectors that Nippon India Innovation Fund Direct Growth has invested in?
Who is the manager of Nippon India Innovation Fund Direct Growth?
What is the exit load of Nippon India Innovation Fund Direct Growth?
How to Redeem Nippon India Innovation Fund Direct Growth?
Can I invest in SIP and a Lump Sum of Nippon India Innovation Fund Direct Growth?
