- Mutual Funds
- Nippon Mutual Fund
- Nippon India Innovation Fund (Growth)
Nippon India Innovation Fund (Growth)
₹ 14.1052
NAV (Jul 25)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 14.1052
NAV (Jul 25)
Fund Returns
Last 1Y | NA |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 41.1% |
6 Month CAGR | 23.8% |
Scheme Information
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 innovation,research and 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.
Expense Ratio | 2.07 |
Launched (1y ago) | Aug 28, 2023 |
AUM in Crores | 1807.107 |
ISIN | INF204KC1BL9 |
Lock-in | No Lock-in |
Benchmark | Nifty 500 TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0 |
Sharpe Ratio (5yr) | 0 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Innovation Fund (Growth) | NaN | NaN | % | |
| 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
triparty repo
7.6%3m india ltd
4.9%info edge (india) ltd
3.8%affle india ltd
3.7%honeywell automation india ltd
3.3%Allocation by Sector
consumer cyclical
25.5%financial services
19.3%industrials
19.2%communication services
7.5%healthcare
6.7%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 21,459 cr | ||
₹ 16,283 cr | ||
₹ 24,345 cr | ||
₹ 59,364 cr | ||
₹ 45,470 cr |
About the AMC
Nippon Life India Asset Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.7% | 6.9% | ||
5.7% | 5.8% | ||
5.7% | 6.7% | ||
5.7% | 6.7% | ||
5.7% | 5.8% |
Nippon India Innovation Fund (G) Review
Nippon India Innovation Fund (G) is a Sectoral/ Thematic Equity fund and has delivered an annualised return of 40.8% over a period of 0 years. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Kinjal Desai, Vinay Sharma.
Nav of Nippon India Innovation Fund (G) as of 7/25/2024 is ₹14.11 with the total AUM as of 7/26/2024 is ₹1807.107. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Innovation Fund (G) was launched on Aug 28, 2023. The category risk of the fund is Very High Risk.
The minimum SIP amount for Nippon India Innovation Fund (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Nippon India Innovation Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty 500 TR INR.
Nippon India Innovation Fund (G) is rated as a 0 fund in Equity and delivered null% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Innovation Fund (G).
Frequently Asked Questions
What is Nippon India Innovation Fund (G)?
How to invest in Nippon India Innovation Fund (G)?
You can invest in Nippon India Innovation Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Nippon India Innovation Fund (G)?
The minimum sip amount for Nippon India Innovation Fund (G) is ₹0. You can invest in multiples of ₹5000.
Is Nippon India Innovation Fund (G) good to invest in?
As per Scripbox experts, Nippon India Innovation Fund (G) is a Not Reviewed Yet fund. You can investNippon India Innovation Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Nippon India Innovation Fund (G)?
The expense ratio of the Nippon India Innovation Fund (G) is 2.07% for regular plan.