Nippon India Innovation Fund – Direct Growth

₹ 100
Min SIP
₹ 500
Min Lumpsum
0.76 %
Expense Ratio
Rating
1,807
Fund Size (in Cr)
11 Months
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 23 July 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns - - - 42.4%
Category Average 36.9% 19.9% 21.2% -

Scheme Allocation

By Holding
By Sector
By Asset
4.94%
3.73%
3.26%
Others
81.03%
View all Holdings
Holdings Sector Instrument Asset
3M India Diversified Equity 4.94%
Info Edg.(India) E-Commerce/App based Aggregator Equity 3.75%
Affle India IT - Software Equity 3.73%
Honeywell Auto Electronics Equity 3.29%
HDFC Bank Banks Equity 3.26%
Bajaj Finserv Finance Equity 3.21%
ICICI Bank Banks Equity 3.15%
Kotak Mah. Bank Banks Equity 3.14%
Jubilant Food. Quick Service Restaurant Equity 3.12%
Syngene Intl. Healthcare Equity 3.1%
Axis Bank Banks Equity 2.91%
FSN E-Commerce E-Commerce/App based Aggregator Equity 2.9%
Delhivery Logistics Equity 2.88%
Zomato Ltd E-Commerce/App based Aggregator Equity 2.83%
Tejas Networks Telecomm Equipment & Infra Services Equity 2.79%
Siemens Capital Goods - Electrical Equipment Equity 2.56%
Apollo Hospitals Healthcare Equity 2.4%
Samvardh. Mothe. Auto Ancillaries Equity 2.38%
Timken India Bearings Equity 2.36%
United Breweries Alcoholic Beverages Equity 2.34%
eMudhra IT - Software Equity 2.21%
Bosch Auto Ancillaries Equity 2.15%
ZF Commercial Auto Ancillaries Equity 2.14%
Bajaj Finance Finance Equity 2.09%
Hero Motocorp Automobile Equity 2.03%
Motherson Wiring Auto Ancillaries Equity 1.98%
Restaurant Brand Quick Service Restaurant Equity 1.8%
Avenue Super. Retail Equity 1.64%
ICICI Lombard Insurance Equity 1.59%
Bharat Dynamics Aerospace & Defence Equity 1.59%
Kirloskar Oil Capital Goods-Non Electrical Equipment Equity 1.54%
TVS Motor Co. Automobile Equity 1.49%
Bayer Crop Sci. Agro Chemicals Equity 1.48%
Tata Motors Automobile Equity 1.37%
Hind. Unilever FMCG Equity 1.37%
Sapphire Foods Quick Service Restaurant Equity 1.31%
Tata Consumer Plantation & Plantation Products Equity 1.26%
Sanofi India Pharmaceuticals Equity 1.19%
Sanofi Consumer - Equity 0.69%
One 97 E-Commerce/App based Aggregator Equity 0.64%
Banks
12.47%
Retailing
11.43%
Auto Components
10.89%
Debt
7.53%
Healthcare Services
6.02%
Others
51.66%
View all Sectors
Sectors Asset
Banks 12.47%
Retailing 11.43%
Auto Components 10.89%
Debt 7.53%
Healthcare Services 6.02%
IT-Services 5.92%
Diversified 5.41%
Automobiles 5.23%
Finance 4.99%
Industrial Products 4.12%
Leisure Services 3.56%
Industrial Manufacturing 3.45%
Telecom Equipment & Acces 2.91%
Electrical Equipments 2.68%
Beverages 2.53%
Transport Services 1.97%
Pharmaceuticals & Biotech 1.84%
Aerospace & Defense 1.8%
Insurance 1.63%
Agricultural Food & other 1.41%
Fertilisers & Agrochemica 1.28%
Diversified FMCG 0.75%
Financial Technology (Fin 0.66%
Cash & Others -0.48%
Equity
92.6%
Reverse Repos
7.6%
Cash & Cash Equivalents
0%
Net Curr Ass/Net Receivables
-0.2%
Others
0%

Advance Ratio

9.74
Alpha
3.55
SD
0.93
Beta
3.12
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:
4,86,805 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

More Funds from Nippon India Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

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 ₹14.1 as of 23 July 2024.

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

What are the top sectors Nippon India Innovation Fund – Direct Growth has invested in?

The top sectors Nippon India Innovation Fund – Direct Growth has invested in are
  1. Banks - 12.47%
  2. Retailing - 11.43%
  3. Auto Components - 10.89%
  4. Debt - 7.53%
  5. Healthcare Services - 6.02%

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 42.4% since inception

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

The expense ratio of Nippon India Innovation Fund – Direct Growth is 0.76 % as of 23 July 2024.

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

The AUM of Nippon India Innovation Fund – Direct Growth is ₹4,86,805 Cr as of 23 July 2024

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. 3M India - 4.94%
  2. Info Edg.(India) - 3.75%
  3. Affle India - 3.73%
  4. Honeywell Auto - 3.29%
  5. HDFC Bank - 3.26%

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
Start Investing Now!

Open Free Demat Account in 5 mins

Please enter mobile number