Nippon India Innovation Fund Direct Growth
3Y Annualised
N/A
0.10% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
4.13%
0.10% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
22 years 6 months
4 years 1 months
9 years 7 months
Fund info
Fund size
₹2564.45 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
Motilal Oswal S&P BSE Low Volatility ETF
3rd
Motilal Oswal Nifty 200 Momentum 30 ETF
4th
Edelweiss BSE Capital Markets & Insurance ETF
5th
Invesco India Business Cycle Fund Direct Reinvestment Inc Dist cum Cap Wdrl
195th
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 ₹2564.45 Cr worth of assets under management (AUM) as of Wed Jul 02 2025. The latest Net Asset Value (NAV) of Nippon India Innovation Fund Direct Growth as of Tue Jul 01 2025 is ₹14.5642. The fund has an expense ratio of 0.63%, which is medium comparable to most other Equity funds.
Nippon India Innovation Fund Direct Growth returns for the last 1 year are 3.13%. Since launch, it has delivered 22.87% average annual returns.
The Nippon India Innovation Fund Direct Growth has the majority of its money invested in Industrials, Consumer Defensive, Financial Services, Consumer Cyclical sectors.
Top 5 Holdings of Nippon India Innovation Fund Direct Growth.
- 3M India Ltd: 4.13%
- Avenue Supermarts Ltd: 4.01%
- GE Vernova T&D India Ltd: 3.81%
- Axis Bank Ltd: 3.79%
- ZF Commercial Vehicle Control Systems India Ltd: 3.68%
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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