• Mutual Funds
  • Nippon Mutual Fund
  • Nippon India Innovation Fund (Growth)
Nippon Mutual Fund

Nippon India Innovation Fund (Growth)

EquitySectoral/ Thematic

10.5817

NAV (Nov 29)

5.1%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

Invest in this fund
Scripbox Recommended Equity Funds
Want the equity funds that are right for your long term equity investment needs?Learn more
fund-logo
Parag Parikh Flexi Cap Regular Growth
17.1%5Y CAGR
fund-logo
HDFC Large and Mid Cap Fund Growth
12.7%5Y CAGR
fund-logo
PGIM India Midcap Opportunities Fund Regular Growth
15.8%5Y CAGR
fund-logo
Canara Robeco Bluechip Equity Fund Regular Plan Growth
12.4%5Y CAGR

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

10.5817

NAV (Nov 29)

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
5.1%
6 Month CAGR
NA

Scheme Information

Investment 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 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
2.24
Launched (0y ago)
Aug 28, 2023
AUM in Crores
977.969
ISIN
INF204KC1BL9
Lock-in
No Lock-in
Benchmark
IISL 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

Vinay Sharma

Fund Manager

Kinjal Desai

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Innovation Fund (Growth)70%NaN NaN%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2023-11-29

Top Stock Holdings

triparty repo

10.7%
10.7%

info edge (india) ltd

6.8%
6.8%

bajaj finserv ltd

4.3%
4.3%

fsn e-commerce ventures ltd

4.2%
4.2%

samvardhana motherson international ltd

4.2%
4.2%
See all holdings

Allocation by Sector

consumer cyclical

27.6%
27.6%

financial services

23%
23%

industrials

10.2%
10.2%

communication services

10%
10%

consumer defensive

9.6%
9.6%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP ELSS Tax Saver Fund (G)
DSP ELSS Tax Saver Fund (G)

₹ 11,693 cr

₹ 11,883 cr

₹ 17,531 cr

₹ 10,182 cr

₹ 9,101 cr

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 296,849 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 105 equity,425 debt and 71 hybrid funds.amc-img
022-33031000
customer_care@reliancemutual.com
Fund NameScripbox Opinion
Till Date CAGR

4.9%

6.8%

4.9%

6.6%

4.9%

5.7%

4.9%

6.6%

4.9%

5.7%

Nippon India Innovation Fund (G) Review

Nippon India Innovation Fund (G) is a Sectoral/ Thematic Equity fund and has delivered an annualised return of 5.1% 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 11/29/2023 is ₹10.58 with the total AUM as of 11/30/2023 is ₹977.969. 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 IISL 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)?

Nippon India Innovation Fund (G) is a Sectoral/ Thematic Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

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 2.24% for regular plan.