- Mutual Funds
- Nippon India Mutual Fund
- Nippon India Innovation Fund (G)
Nippon India Innovation Fund (G)
₹ 14.3255
NAV (Oct 17)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 14.3255
NAV (Oct 17)
Fund Returns
Last 1Y | 41.6% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 39% |
6 Month CAGR | 20.1% |
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 | 2.06% |
Launched 1Y ago | 2023-08-29 |
AUM in Crores | 2275.3 |
ISIN | INF204KC1BL9 |
Lock-in | No Lock-in |
Benchmark | NIFTY 500 Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | - |
Beta | - |
Sharpe Ratio | - |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Innovation Fund (G) | 22,75,502 | 15,42,890 | 41.6% | |
| 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
22.84%Financial
17.97%Automobile
15.33%Capital Goods
9.76%Healthcare
7.32%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,417 cr | ||
₹ 24,508 cr | ||
₹ 66,206 cr | ||
₹ 51,197 cr | ||
₹ 17,770 cr |
About the AMC
Nippon India Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6% | 6.9% | ||
7.2% | 8.9% | ||
15.8% | 20.9% | ||
19.4% | 13.6% | ||
15.3% | 8.4% |
Nippon India Innovation Fund (G) Review
Nippon India Innovation Fund (G) is a Sectoral / Thematic Equity fund and has delivered an annualised return of 39.04% over 1 years. The fund has grown over a period of 1 years. The fund is managed by Nippon India Mutual Fund. The fund managers are Kinjal Desai, Vinay Sharma.
Nav of Nippon India Innovation Fund (G) as of 10/17/2024 is ₹14.33 with the total AUM as of 10/18/2024 is ₹2275.27. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Innovation Fund (G) was launched on 2023-08-29.
The minimum SIP amount for Nippon India Innovation Fund (G) is ₹1000 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 Total Return Index.
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 ₹1000. You can invest in multiples of ₹5000.
What is the expense ratio of the Nippon India Innovation Fund (G)?
The expense ratio of the Nippon India Innovation Fund (G) is 2.06% for regular plan.
What is the NAV of Nippon India Innovation Fund (G)?
Today's Nippon India Innovation Fund (G) NAV is ₹14.33.