Nippon India Innovation Fund – Direct Growth

100
Min SIP
500
Min Lumpsum
- %
Expense Ratio
Rating
832
Fund Size (in Cr)
54 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 27 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns - - - 0.7%
Category Average 18.8% 24.3% 14.8% -

Scheme Allocation

By Holding
By Sector
By Asset
3.29%
2.95%
2.89%
Others
82.54%
View all Holdings
Holdings Sector Instrument Asset
FSN E-Commerce E-Commerce/App based Aggregator Equity 4.41%
Info Edg.(India) E-Commerce/App based Aggregator Equity 3.92%
One 97 E-Commerce/App based Aggregator Equity 3.29%
Affle India IT - Software Equity 2.95%
Tata Motors Automobile Equity 2.89%
TVS Motor Co. Automobile Equity 2.56%
Bayer Crop Sci. Agro Chemicals Equity 2.3%
Samvardh. Mothe. Auto Ancillaries Equity 2.3%
Hind. Unilever FMCG Equity 2.26%
Bajaj Finance Finance Equity 2.15%
Avenue Super. Retail Equity 2.13%
Tata Consumer Plantation & Plantation Products Equity 2.07%
St Bk of India Banks Equity 2.02%
HDFC Bank Banks Equity 1.89%
Bajaj Finserv Finance Equity 1.79%
Timken India Bearings Equity 1.56%
Motherson Wiring Auto Ancillaries Equity 1.55%
Sapphire Foods Quick Service Restaurant Equity 1.47%
PB Fintech. IT - Software Equity 1.4%
Bosch Auto Ancillaries Equity 1.33%
Zomato Ltd E-Commerce/App based Aggregator Equity 1.17%
Kirloskar Oil Capital Goods-Non Electrical Equipment Equity 1.16%
ICICI Lombard Insurance Equity 1.12%
Others
100%
View all Sectors
Sectors Asset
Reverse Repos
49.77%
Equity
49.69%
Cash & Cash Equivalents
0.28%
Net Curr Ass/Net Receivables
0.26%

Advance Ratio

-
Alpha
-
SD
-
Beta
-
Sharpe

Exit Load

Exit Load 1.00% - If redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil - If redeemed or switched out after the completion of 1 year from the date of allotment of units.

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 development, new product development or new platforms to enhance their business and gain share in their respective sectors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Managers

Vinay Sharma

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Nippon India Mutual Fund
AUM:
3,15,854 Cr
Address:
4th Floor, Tower A, Peninsula Busines -s Park, Ganapatrao Kadam Marg Lower Parel (W), Mumbai - 400013.
Contact:
022-68087000/1860260111
Email ID:
customercare@nipponindiaim.in

Frequently Asked Questions

How to invest in Nippon India Innovation Fund – Direct Growth ?

You can invest in Nippon India Innovation Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Nippon India Innovation Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Nippon India Innovation Fund – Direct Growth ?

The NAV of Nippon India Innovation Fund – Direct Growth is ₹10.1 as of 27 September 2023.

What is the AUM of Nippon India Innovation Fund – Direct Growth?

The AUM of Nippon India Innovation Fund – Direct Growth is ₹3,15,854 Cr as of 27 September 2023

What are the top stock holdings of Nippon India Innovation Fund – Direct Growth?

The top stock holdings of Nippon India Innovation Fund – Direct Growth are
  1. FSN E-Commerce - 4.41%
  2. Info Edg.(India) - 3.92%
  3. One 97 - 3.29%
  4. Affle India - 2.95%
  5. Tata Motors - 2.89%

Can I make investments in both the SIP and Lump Sum schemes of Nippon India Innovation Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Nippon India Innovation Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Nippon India Innovation Fund – Direct Growth generated ?

The Nippon India Innovation Fund – Direct Growth has delivered 0.7% since inception

How to redeem Nippon India Innovation Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Nippon India Innovation Fund – Direct Growth?

The minimum SIP amount of Nippon India Innovation Fund – Direct Growth is ₹100

How can I redeem my investments in Nippon India Innovation Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Nippon India Innovation Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now