Nippon India Innovation Fund
Equity
●
Thematic
Fund Details
- Expense Ratio: A charge to the mutual fund for handling your investments. It's a percentage of the fund's assets used for various expenses like administration and management.
- Exit Load : A fee paid to a mutual fund for leaving the investment early before a set period
- Lock In : Withdrawals are not allowed for this period
Current NAV
₹12.55
Expense Ratio
1.97%
Min SIP
₹100
Fund Size
₹2755Cr
Min Investment
₹500
Lock In
NA
Scheme Information Document
Exit load: 1% on or before 1Y, Nil after 1Y
Fund Performance
- Alpha: Excess returns relative to market benchmark,
- Beta : Volatility of the scheme relative to its market benchmark
- Sharpe Ratio : Risk-adjusted returns
- Risk : Volatility of the fund
Alpha
-0.03%
Beta
1.02
Sharpe Ratio
0.081488
Risk
NA
Above numbers are based upon past 3 years
Returns Calculator
Would have become
₹1,49,748.59
(-0.91)%
| Name | Holding(%) |
| Name | Sector(%) |
| Name | Assets(%) |
- Bank of India Business Cycle Fund
- Nippon India Active Momentum Fund
- Invesco India Manufacturing Fund
- Nippon India Quant Fund
- Motilal Oswal Innovation Opportunities Fund
- Baroda BNP Paribas Innovation Fund
- HSBC India Export Opportunities Fund
- LIC MF Manufacturing Fund
- UTI Innovation Fund
- Quant Business Cycle Fund
- Quant Manufacturing Fund
- SBI PSU Fund
- Axis Business Cycles Fund
- Quant ESG Integration Strategy Fund
- Tata Ethical Fund
- UTI-Transportation and Logistics Fund
- Franklin India Opportunities Fund
- Shriram Multi Sector Rotation Fund
- HSBC Business Cycles Fund
- Invesco India PSU Equity Fund
- Sundaram Business Cycle Fund
- Kotak Pioneer Fund
- Axis Innovation Fund
- ICICI Prudential Quant Fund
- ICICI Prudential Manufacturing Fund
- SBI Equity Minimum Variance Fund
- Invesco India ESG Integration Strategy Fund
- Quant Quantamental Fund
- WhiteOak Capital Quality Equity Fund
- SBI Innovative Opportunities Fund
- Aditya Birla Sun Life PSU Equity Fund
- Aditya Birla Sun Life Special Opportunities Fund
- Motilal Oswal Manufacturing Fund
- SBI ESG Exclusionary Strategy Fund
- Bandhan Innovation Fund
- Bandhan Business Cycle Fund
- Union Active Momentum Fund
- ICICI Prudential Housing Opportunities Fund
- Motilal Oswal Active Momentum Fund
- ICICI Prudential Conglomerate Fund
- Tata Business Cycle Fund
- HDFC Business Cycle Fund
- HDFC Manufacturing Fund
- SBI Quant Fund
- The Wealth Company Ethical Fund
- ICICI Prudential Active Momentum Fund
- Aditya Birla Sun Life Transportation and Logistics Fund
- Aditya Birla Sun Life Conglomerate Fund
- Baroda BNP Paribas Business Cycle Fund
- HDFC Defence Fund
- Quantum ESG Best In Class Strategy Fund
- Tata India Innovation Fund
- Kotak Rural Opportunities Fund
- Sundaram Multi-Factor Fund
- Axis Quant Fund
- Invesco India Business Cycle Fund
- Canara Robeco Manufacturing Fund
- Baroda BNP Paribas Manufacturing Fund
- DSP Business Cycle Fund
- Motilal Oswal Business Cycle Fund
- Quant Commodities Fund
- Union Innovation & Opportunities Fund
- SBI Quality Fund
- WhiteOak Capital ESG Best-In-Class Strategy Fund
- Motilal Oswal Quant Fund
- Axis Momentum Fund
- Bandhan Transportation and Logistics Fund
- Kotak Active Momentum Fund
- Kotak Special Opportunities Fund
- Taurus Ethical Fund
- Aditya Birla Sun Life Manufacturing Equity Fund
- WhiteOak Capital Special Opportunities Fund
- ICICI Prudential PSU Equity Fund
- Nippon India Innovation Fund
- ICICI Prudential Commodities Fund
- Mahindra Manulife Innovation Opportunities Fund
- HDFC Innovation Fund
- Aditya Birla Sun Life Quant Fund
- Quantum Ethical Fund
- Bandhan Multi-Factor Fund
- Franklin India Multi-Factor Fund
- ICICI Prudential Quality Fund
- ICICI Prudential Equity Minimum Variance Fund
- ICICI Prudential Rural Opportunities Fund
- Motilal Oswal Special Opportunities Fund
- Baroda BNP Paribas ESG Best-in-class strategy Fund
- ITI Business Cycle Fund
- Baroda BNP Paribas Business Conglomerates Fund
- Kotak ESG Exclusionary Strategy Fund
- HDFC Housing Opportunities Fund
- Edelweiss Recently Listed IPO Fund
- Edelweiss Business Cycle Fund
- ICICI Prudential Business Cycle Fund
- HDFC Consumption Fund
- Union Business Cycle Fund
- Kotak Manufacture in India Fund
- ICICI Prudential Transportation and Logistics Fund
- 360 ONE Quant Fund
- ICICI Prudential ESG Exclusionary Strategy Fund
- HDFC Transportation and Logistics Fund
Vinay Sharma
Nippon India Mutual FundTotal assets under management
₹573.67L Crores
Date of incorporation
24 Feb 1995
Nippon India Innovation Fund FAQs
Ans.
- Open the Rupeezy app.
- If you're on the Stocks or F&O screen, switch to the Mutual Funds section.
- Tap on Explore to browse available mutual fund schemes.
- Select the Nippon India Innovation Fund (or any fund you want to invest in).
- Choose your investment mode: Lumpsum or SIP.
- Enter the investment amount.
- Complete the payment using UPI, Net Banking, or other available options.
Ans. The Nippon India Innovation Fund has an AUM of ₹2754.98 Cr as on 4/1/2026. The scheme has delivered CAGR returns for the past 3 years against a category average of 16.18%. The risk is Very High against the category average of 56.8.
Ans. Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on equity funds: For equity funds (funds that invest at least 65% of the corpus in Indian stocks), if the holding period is more than 12 months, LTCG (Long Term Capital Gains) tax is applicable. For units sold within 12 months of purchase, STCG (Short Term Capital Gains) Tax is applicable.
LTCG tax on equity-oriented schemes is 12.5% on capital gains over ₹1.25 lakh (as per the latest update in Budget 2024).
STCG tax applicable on the sale of units of equity-oriented mutual fund schemes is 20%.
Ans. There is no lock-in period applicable on Nippon India Innovation Fund.
Ans. The expense ratio of Nippon India Innovation Fund is 1.97%.