Nippon India Innovation Fund – Direct Growth

₹ 100
Min SIP
₹ 500
Min Lumpsum
0.91 %
Expense Ratio
Rating
1,354
Fund Size (in Cr)
8 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 26 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns - - - 24.6%
Category Average 40.3% 20.7% 17.8% -

Scheme Allocation

By Holding
By Sector
By Asset
4.63%
Others
79.38%
View all Holdings
Holdings Sector Instrument Asset
Info Edg.(India) E-Commerce/App based Aggregator Equity 4.75%
3M India Diversified Equity 4.63%
Samvardh. Mothe. Auto Ancillaries Equity 3.86%
Bajaj Finserv Finance Equity 3.82%
Honeywell Auto Electronics Equity 3.56%
FSN E-Commerce E-Commerce/App based Aggregator Equity 3.55%
Zomato Ltd E-Commerce/App based Aggregator Equity 3.43%
Apollo Hospitals Healthcare Equity 3.3%
HDFC Bank Banks Equity 3.21%
Affle India IT - Software Equity 3.09%
ICICI Bank Banks Equity 3.03%
Syngene Intl. Pharmaceuticals Equity 2.84%
eMudhra IT - Software Equity 2.79%
United Breweries Alcoholic Beverages Equity 2.72%
Bosch Auto Ancillaries Equity 2.52%
Axis Bank Banks Equity 2.44%
Kotak Mah. Bank Banks Equity 2.44%
Siemens Capital Goods - Electrical Equipment Equity 2.38%
Motherson Wiring Auto Ancillaries Equity 2.32%
Delhivery Logistics Equity 2.3%
Hero Motocorp Automobile Equity 2.29%
ZF Commercial Auto Ancillaries Equity 2.22%
Avenue Super. Retail Equity 2.09%
Restaurant Brand Quick Service Restaurant Equity 2.08%
ICICI Lombard Insurance Equity 2%
Sanofi India Pharmaceuticals Equity 1.99%
Tejas Networks Telecomm Equipment & Infra Services Equity 1.97%
Tata Motors Automobile Equity 1.83%
Bharat Dynamics Aerospace & Defence Equity 1.81%
TVS Motor Co. Automobile Equity 1.81%
Bajaj Finance Finance Equity 1.76%
Sapphire Foods Quick Service Restaurant Equity 1.75%
Tata Consumer Plantation & Plantation Products Equity 1.67%
Bayer Crop Sci. Agro Chemicals Equity 1.55%
Timken India Bearings Equity 1.4%
Kirloskar Oil Capital Goods-Non Electrical Equipment Equity 1.27%
One 97 E-Commerce/App based Aggregator Equity 0.85%
Hind. Unilever FMCG Equity 0.84%
St Bk of India Banks Equity 0.56%
Retailing
13.42%
Banks
13.31%
Auto Components
12.08%
Debt
7.49%
Automobiles
7.06%
Others
46.64%
View all Sectors
Sectors Asset
Retailing 13.42%
Banks 13.31%
Auto Components 12.08%
Debt 7.49%
Automobiles 7.06%
Healthcare Services 5.2%
Finance 4.91%
IT-Services 4.88%
Diversified 3.97%
Leisure Services 3.47%
Industrial Manufacturing 3.07%
Beverages 2.78%
Industrial Products 2.78%
Electrical Equipments 2.17%
Pharmaceuticals & Biotech 2.16%
Insurance 2.13%
Aerospace & Defense 1.95%
Agricultural Food & other 1.9%
Fertilisers & Agrochemica 1.74%
Telecom Equipment & Acces 1.46%
Diversified FMCG 0.93%
Financial Technology (Fin 0.89%
Cash & Others 0.25%
Equity
94.72%
Reverse Repos
5.44%
Cash & Cash Equivalents
0%
Net Curr Ass/Net Receivables
-0.16%

Advance Ratio

2.28
Alpha
3.88
SD
0.86
Beta
2.17
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:
4,33,896 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

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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 ₹12.4 as of 26 April 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. Retailing - 13.42%
  2. Banks - 13.31%
  3. Auto Components - 12.08%
  4. Debt - 7.49%
  5. Automobiles - 7.06%

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 24.6% 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 0.91 % as of 26 April 2024.

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

The AUM of Nippon India Innovation Fund – Direct Growth is ₹4,33,896 Cr as of 26 April 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. Info Edg.(India) - 4.75%
  2. 3M India - 4.63%
  3. Samvardh. Mothe. - 3.86%
  4. Bajaj Finserv - 3.82%
  5. Honeywell Auto - 3.56%

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.
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