- Mutual Funds
- Nippon India Mutual Fund
- Nippon India Innovation Fund Direct Growth
Nippon India Innovation Fund Direct Plan Growth
₹ 13.28
NAV (May 02)
View Less
Nippon India Innovation Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment4,42,393
Wealth Gained11,75,005
Total Corpus Created (₹)
With CAGR of 18.711 % in 5 yearsHistorical NAV
₹ 13.2823
NAV (May 2)
Fund Returns
Last 1Y | 5.8% |
Last 3Y | - |
Last 5Y | - |
Last 10Y | - |
Since Inception | 18.7% |
6 Month CAGR | -5.1% |
Scheme Information
The scheme seeks 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 innovation, research and development, new product development or new platforms to enhance their business and gain share in their respective sectors.
Expense Ratio | 0.69 % |
Launched 1Y ago | 2023-08-29 |
AUM in Crores | 2309.6 |
ISIN | INF204KC1BO3 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 500 Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | - |
Beta | - |
Sharpe Ratio | - |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Innovation Fund Direct (G) | 8,41,506 | 1,08,894 | 5.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
Others
8.5%3M India Ltd.
4.56%Bajaj Finserv Ltd.
3.74%Info Edge (India) Ltd.
3.54%Affle (India) Ltd.
3.29%
Allocation by Sector
Services
28.83%Financial
21.38%Automobile
16.97%Capital Goods
10.23%Healthcare
6.22%
Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 49,131 cr | ||
₹ 93,440 cr | ||
₹ 64,962 cr | ||
₹ 27,730 cr | ||
₹ 16,217 cr |
About the AMC
Nippon India Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
7.4% | 7.1% | ||
9.5% | 9.4% | ||
22.2% | 25% | ||
21% | 16.4% | ||
6.4% | 5.2% |
Nippon India Innovation Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment4,42,393
Wealth Gained11,75,005
Total Corpus Created (₹)
With CAGR of 18.711 % in 5 yearsFrequently Asked Questions
What is the expense ratio for Nippon India Innovation Fund Direct Plan Growth?
What is the current AUM of Nippon India Innovation Fund Direct Growth?
What is the latest NAV of Nippon India Innovation Fund Direct Growth?
What is the Riskometer rating for Nippon India Innovation Fund Direct Plan Growth?
Which are the top sector holdings in Nippon India Innovation Fund Direct Plan?
Which are the top stock holdings in Nippon India Innovation Fund Direct Plan?
What is the asset allocation of Nippon India Innovation Fund Direct Plan Growth?
What has been the performance of Nippon India Innovation Fund Direct Growth returns?
Does Nippon India Innovation Fund Direct Growth have a lock-in period?
Can I invest in both SIP and lump sum options in Nippon India Innovation Fund Direct Plan Growth?
How to invest in Nippon India Innovation Fund Direct Growth?
How can I redeem my investment in Nippon India Innovation Fund Direct Plan?