NI
Nippon India Innovation Fund Direct Growth
Latest NAV
-0.81% 1Y
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Benchmark: Nifty 500 TRI
Expense ratio
0.85%
AUM
₹3,108 Cr
Min SIP
₹100
Min lump sum
₹500
1Y
-0.81%
3Y (ann.)
+12.96%
5Y (ann.)
+0.00%
Launched
Aug 2023
Where the NAV sits & how risky it is
₹14.78
52-week range
at 64%
₹14.78
Low 31 Mar 2026₹12.64
High 25 Aug 2026₹15.97
Risk level
Very High
Low
Very high
NAV history
01 Sep 2023
Since inception
05 Oct 2026
Returns by period
1W
-3.67%
1M
-6.59%
3M
-2.21%
6M
+13.31%
1Y
-0.81%
3Y
+12.96%
5Y
+0.00%
3Y and 5Y returns are annualised.
Return calculator
You invest
—
Est. gain
—
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Invested Gain
Invested
Projected value
min SIP ₹100
Estimate only. It assumes the selected past return repeats every year; 3Y and 5Y figures are taken as annualised. Actual returns vary and are not guaranteed.
Where your money goes
AS OF 31 MAY 2026
Equity 97.74%
Cash & other 2.74%
Sector split
Country split
Top 5 hold 21.1%
Top 10 hold 37.1%
56 equity holdings
Equity holdings
(top 30)
| # | Holding | Sector | Country | Weight | YTD |
|---|---|---|---|---|---|
| 1 | Samvardhana Motherson International
INE775A01035 |
Consumer Cyclical Auto Parts |
India |
4.86%
|
+20.40% |
| 2 | Eternal
INE758T01015 |
Consumer Cyclical Internet Retail |
India |
4.21%
|
-11.65% |
| 3 | Varun Beverages
INE200M01039 |
Consumer Defensive Beverages - Non-Alcoholic |
India |
4.19%
|
+8.35% |
| 4 | Trent
INE849A01020 |
Consumer Cyclical Apparel Retail |
India |
3.92%
|
-2.85% |
| 5 | Info Edge
INE663F01032 |
Communication Services Internet Content & Information |
India |
3.90%
|
-26.14% |
| 6 | ZF Commercial
INE342J01019 |
Consumer Cyclical Auto Parts |
India |
3.65%
|
-3.82% |
| 7 | 3M India
INE470A01017 |
Industrials Conglomerates |
India |
3.32%
|
-9.48% |
| 8 | Avenue Supermarts DMart
INE192R01011 |
Consumer Defensive Discount Stores |
India |
3.17%
|
+8.19% |
| 9 | Nykaa
INE388Y01029 |
Consumer Cyclical Internet Retail |
India |
2.93%
|
+0.72% |
| 10 | Swiggy
INE00H001014 |
Consumer Cyclical Internet Retail |
India |
2.91%
|
-35.29% |
About this scheme
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.
Fund manager(s): Vinay Sharma, Kinjal Desai, Rishit Parikh, Amber Singhania
Exit load: Exit load of 1%, if redeemed within 1 year.
Scheme snapshot
VR Rating
MS Rating
Plan
Growth
Type
DIRECT
Inception
28 Aug 2023
Lump-sum min
₹500
SIP
Purchase
Switch
STP
SWP
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