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
2.67%
-0.28% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
12 years 7 months
5 years 5 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
Groww Nifty India Defence ETF FoF Direct Reinvestment Inc Dist cum Cap Wdrl
2nd
Groww Nifty India Defence ETF FoF Direct Payout Inc Dist cum Cap Wdrl
3rd
Groww Nifty India Defence ETF FoF Direct Growth
4th
Groww Nifty India Defence ETF FoF Regular Growth
5th
Groww Nifty India Defence ETF FoF Regular Reinvestment Inc Dist cum Cap Wdrl
355th
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 Fri May 09 2025. The latest Net Asset Value (NAV) of Nippon India Innovation Fund Direct Growth as of Mon May 05 2025 is ₹13.4419. The fund has an expense ratio of 0.66%, which is medium comparable to most other Equity funds.
Nippon India Innovation Fund Direct Growth returns for the last 1 year are 5.66%. Since launch, it has delivered 18.43% 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 |
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