Q: What are the returns of Nippon India Innovation Fund?

The Nippon India Innovation Fund is a 1 yrs 9 m old fund and has delivered average annual returns of 21.27% since inception. Nippon India Innovation Fund Returns 1-Year Since Inception 7.34% 21.27%

Question 1

What is the current NAV of Nippon India Innovation Fund?

Accepted Answer

The current Net Asset Value (NAV) of the Nippon India Innovation Fund - Direct Growth plan is approximately ₹14.1883 as of Jun 05, 2025.

Question 2

What are the returns of Nippon India Innovation Fund?

Accepted Answer

The Nippon India Innovation Fund is a 1 yrs 9 m old fund and has delivered average annual returns of 21.27% since inception.

Nippon India Innovation Fund Returns

1-Year	Since Inception
7.34%	21.27%

Question 3

How much does Nippon India Innovation Fund charge as the expense ratio?

Accepted Answer

The Nippon India Innovation Fund - Direct Growth has an expense ratio of 0.63%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

Question 4

What is the AUM or size of Nippon India Innovation Fund?

Accepted Answer

The Nippon India Innovation Fund currently has assets under management (AUM) or fund size valued at approximately ₹2,416 Crs crore as of Mar 31, 2025.

Question 5

What are the top stock holdings of Nippon India Innovation Fund?

Accepted Answer

The Nippon India Innovation Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
3M India Ltd.	4.5%
Avenue Supermarts Ltd.	4.46%
Axis Bank Ltd.	4.0%
Bajaj Finserv Ltd.	3.71%
ZF Commercial Vehicle Control Systems India Ltd.	3.66%
FSN E-Commerce Ventures Ltd.	3.49%
Tata Consumer Products Ltd.	3.35%
Eternal Ltd.	3.22%
Jubilant FoodWorks Ltd.	2.96%
Info Edge (India) Ltd.	2.92%

Question 6

What are the top sectors Nippon India Innovation Fund has invested in?

Accepted Answer

The Nippon India Innovation Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
3M India Ltd.	4.5%
Avenue Supermarts Ltd.	4.46%
Axis Bank Ltd.	4.0%
Bajaj Finserv Ltd.	3.71%
ZF Commercial Vehicle Control Systems India Ltd.	3.66%
FSN E-Commerce Ventures Ltd.	3.49%
Tata Consumer Products Ltd.	3.35%
Eternal Ltd.	3.22%
Jubilant FoodWorks Ltd.	2.96%
Info Edge (India) Ltd.	2.92%

Question 7

What is the risk level of Nippon India Innovation Fund?

Accepted Answer

This is a Thematic fund comes with Very High risk.

Question 8

Is there any lock-in period in Nippon India Innovation Fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

How do I invest in Nippon India Innovation Fund?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Nippon India Innovation Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Nippon India Innovation Fund is complete.

Question 10

How can I redeem my investments in Nippon India Innovation Fund?

Accepted Answer

Redeeming your investments in Nippon India Innovation Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Nippon India Innovation Fund from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.63% as on May 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 1 year.!
AUM (Fund size)	₹2,416 Crs
Lock-in	No Lockin
Age	1 yrs 9 m since Aug 09, 2023
Benchmark	NIFTY 500 TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Period	This fund	Category average
1 Month	6.95%	7.24%
3 Months	14.21%	12.96%
6 Months	-1.57%	-3.03%
1 Year	7.34%	7.25%

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Nippon India Innovation Fund	N.A.	₹2,416 Crs	1 yrs 9 m	0.63%
ICICI Prudential Manufacturing Fund	N.A.	₹6,231 Crs	6 yrs 8 m	0.73%
Sundaram Services Fund	N.A.	₹3,998 Crs	6 yrs 9 m	0.75%
ICICI Prudential Commodities Fund	N.A.	₹2,620 Crs	5 yrs 8 m	0.99%
ICICI Prudential Exports and Services Fund	N.A.	₹1,362 Crs	12 yrs 5 m	1.69%
UTI Transportation and Logistics Fund	N.A.	₹3,292 Crs	12 yrs 5 m	0.84%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Innovation Fund	6.95%	-1.57%	7.34%	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	8.53%	-0.7%	4.09%	28.93%	31.52%	13.9%
Sundaram Services Fund	4.39%	2.13%	20.32%	22.25%	27.91%	13.99%
ICICI Prudential Commodities Fund	6.24%	-0.88%	1.86%	21.82%	37.15%	15.91%
ICICI Prudential Exports and Services Fund	4.18%	2.52%	15.42%	23.15%	27.01%	15.15%
UTI Transportation and Logistics Fund	4.55%	-0.96%	-1.32%	25.2%	29.06%	13.26%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Innovation Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	16.93	1.08	1.17	1.71
Sundaram Services Fund	13.51	0.87	1.05	1.79
ICICI Prudential Commodities Fund	16.79	1.03	0.83	1.27
ICICI Prudential Exports and Services Fund	11.63	0.76	1.28	2.59
UTI Transportation and Logistics Fund	16.46	0.98	1.02	1.45

Nippon India Innovation Fund Direct - Growth

Historical NAV & returns

Nippon India Innovation Fund overview

Nippon India Innovation Fund Returns calculator

Trailing returns as on Jun 01, 2025

Asset allocationas on Apr 30, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

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About this fund

About Nippon India Innovation Fund

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Nippon India Mutual Fund details

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Nippon India Innovation Fund Returns

ET Money rank

Fund AUM	₹2,416 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

No. of schemes	65 view all schemes
Total AUM	₹5,61,387 Crs as on Mar 31, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Nippon India Small Cap Fund	N.A.	₹58,029 Crs	7.74%	39.4%
Nippon India Power & Infra Fund	N.A.	₹7,026 Crs	2.38%	34.66%
Nippon India Growth Fund	N.A.	₹34,690 Crs	13.8%	34.33%
Nippon India Multi Cap Fund	N.A.	₹40,261 Crs	10.46%	33.19%
Nippon India Value Fund	N.A.	₹8,383 Crs	9.27%	29.6%
Nippon India Banking & Financial Services Fund	N.A.	₹6,967 Crs	18.72%	29.2%

Sector	Percentage of Portfolio
Services	29.28%
Financial	19.83%
Automobile	16.189999999999998%
Capital Goods	8.99%
Healthcare	6.64%
Diversified	4.5%
Consumer Staples	4.23%
Energy	3.83%
Technology	3.39%
Communication	1.63%