Nippon India Innovation Fund
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
₹15.07
Total Expense Ratio
0.87%
Base Expense Ratio
NA
Min SIP
₹100
Fund Size
₹2918Cr
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
0.21%
Beta
1.04
Sharpe Ratio
0.171966
Risk
NA
Above numbers are based upon past 3 years
Returns Calculator
Would have become
₹1,49,748.59
(2.74)%
| Name | Holding(%) |
| Name | Sector(%) |
| Name | Assets(%) |
- UTI-Transportation and Logistics Fund
- Mahindra Manulife Innovation Opportunities Fund
- Invesco India Manufacturing Fund
- UTI Innovation Fund
- Quant Commodities Fund
- Aditya Birla Sun Life Business Cycle Fund
- Aditya Birla Sun Life Transportation and Logistics Fund
- Sundaram Multi-Factor Fund
- Edelweiss Business Cycle Fund
- Invesco India ESG Integration Strategy Fund
- SBI Innovative Opportunities Fund
- Invesco India Business Cycle Fund
- Tata Ethical Fund
- Axis Business Cycles Fund
- Nippon India Quant Fund
- Taurus Ethical Fund
- SBI ESG Exclusionary Strategy Fund
- SBI PSU Fund
- Bank of India Business Cycle Fund
- ICICI Prudential Commodities Fund
- WhiteOak Capital ESG Best-In-Class Strategy Fund
- ICICI Prudential Transportation and Logistics Fund
- SBI Quant Fund
- HDFC Defence Fund
- ICICI Prudential Quality Fund
- Quant Manufacturing Fund
- Motilal Oswal Innovation Opportunities Fund
- Tata Business Cycle Fund
- Axis Momentum Fund
- Quant Business Cycle Fund
- Tata India Innovation Fund
- HDFC Business Cycle Fund
- Motilal Oswal Business Cycle Fund
- Baroda BNP Paribas Business Conglomerates Fund
- ICICI Prudential PSU Equity Fund
- Bandhan Transportation and Logistics Fund
- 360 ONE Quant Fund
- Mahindra Manulife Manufacturing Fund
- ICICI Prudential Active Momentum Fund
- SBI Equity Minimum Variance Fund
- Shriram Multi Sector Rotation Fund
- Bandhan Innovation Fund
- Union Active Momentum Fund
- Motilal Oswal Manufacturing Fund
- Bandhan Business Cycle Fund
- Sundaram Business Cycle Fund
- ICICI Prudential Manufacturing Fund
- Quantum ESG Best In Class Strategy Fund
- Kotak Pioneer Fund
- ICICI Prudential Business Cycle Fund
- Aditya Birla Sun Life PSU Equity Fund
- Kotak ESG Exclusionary Strategy Fund
- Kotak Active Momentum Fund
- Kotak Special Opportunities Fund
- HSBC Business Cycles Fund
- SBI Quality Fund
- Baroda BNP Paribas Business Cycle Fund
- Franklin India Opportunities Fund
- Nippon India Active Momentum Fund
- Nippon India Innovation Fund
- Invesco India PSU Equity Fund
- Motilal Oswal Quant Fund
- Motilal Oswal Active Momentum Fund
- Motilal Oswal Special Opportunities Fund
- Baroda BNP Paribas Manufacturing Fund
- ICICI Prudential Equity Minimum Variance Fund
- Quantum Ethical Fund
- HDFC Innovation Fund
- ITI Business Cycle Fund
- WhiteOak Capital Special Opportunities Fund
- DSP Business Cycle Fund
- LIC MF Manufacturing Fund
- HDFC Housing Opportunities Fund
- HDFC Manufacturing Fund
- Franklin India Multi-Factor Fund
- Axis Quant Fund
- Bandhan Multi-Factor Fund
- Aditya Birla Sun Life Manufacturing Equity Fund
- Axis Innovation Fund
- Aditya Birla Sun Life Conglomerate Fund
- Qsif Sector Rotation Long-Short Fund
- Baroda BNP Paribas ESG Best-in-class strategy Fund
- Aditya Birla Sun Life Quant Fund
- ICICI Prudential ESG Exclusionary Strategy Fund
- Quant ESG Integration Strategy Fund
- Aditya Birla Sun Life Special Opportunities Fund
- Edelweiss Recently Listed IPO Fund
- ICICI Prudential Quant Fund
- Union Innovation & Opportunities Fund
- HSBC India Export Opportunities Fund
- Kotak Rural Opportunities Fund
- Baroda BNP Paribas Innovation Fund
- Kotak Transportation & Logistics Fund
- WhiteOak Capital Quality Equity Fund
- Union Business Cycle Fund
- ICICI Prudential Rural Opportunities Fund
- Canara Robeco Manufacturing Fund
- ICICI Prudential Housing Opportunities Fund
- HDFC Consumption 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
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 ₹2917.90 Cr as on 7/16/2026. The scheme has delivered CAGR returns for the past 3 years against a category average of 15.68%. The risk is Very High against the category average of 54.8.
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 0.87%.