Nippon India Innovation Fund - Direct (G)

Sectoral / Thematic

Invest Now

NAV
13.56(-1.54%)
Fund Size (CR)
₹2,696.94
Expense Ratio
0.66
Scheme Type
Active Fund
Value Research

Min. investment
₹500
Minimum Additional Investment
₹100
Minimum SIP Investment
₹100
Minimum Withdrawal
₹100
Exit Load
1%
Return Since Launch
13.54%

Absolute Return: -8.50%

Annualized Return: 0%

Basic Details

Scheme Manager

Vinay Sharma

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	27 February 2026	9663.63	-3.36%	-	-2.89%	665/987
1 Month	6 February 2026	9666.07	-3.34%	-	-2.99%	454/976
3 Month	5 December 2025	9199.62	-8.00%	-	-4.43%	773/960
6 Month	5 September 2025	9238.00	-7.62%	-	-1.72%	720/916
1 Year	6 March 2025	11088.96	10.89%	10.89%	11.50%	427/856
3 Year	-	-	-	-	-	-/-
5 Year	-	-	-	-	-	-/-
Since Inception	28 August 2023	13775.70	37.76%	13.54%	9.66%	422/991

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 April 2025	1,20,000	113994.70	-5.00%	-5.00%
3 Year	1 September 2023	3,10,000	321528.76	3.72%	1.22%
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.13%

Standard Deviation

0.97%

Beta

0.83%

Sharpe Ratio

0.01%

Treynor's Ratio

1.62%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Samvardh. Mothe.	4.58%	9455667	126.08	Equity	Auto Ancillaries
Info Edg.(India)	4.16%	1112817	114.58	Equity	E-Commerce/App based Aggregator
Avenue Super.	4.00%	286670	110.30	Equity	Retail
3M India	3.91%	28722	107.72	Equity	Diversified
ZF Commercial	3.88%	70540	106.97	Equity	Auto Ancillaries
Trent	3.72%	263021	102.56	Equity	Retail
Varun Beverages	3.69%	2250000	101.56	Equity	FMCG
Delhivery	3.34%	2120000	91.88	Equity	Logistics
Siemens Ener.Ind	3.24%	304555	89.26	Equity	Power Generation & Distribution
Bajaj Finserv	3.11%	429667	85.65	Equity	Finance

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Nippon India Innovation Fund - Direct (G)	2696.94	-3.34%	-8.00%	-7.62%	10.89%	-
Nippon India Taiwan Equity Fund - Direct (G)	448.04	16.73%	30.81%	43.29%	103.98%	46.10%
Nippon India Taiwan Equity Fund - Direct (IDCW)	448.04	16.73%	30.81%	43.29%	103.98%	46.10%
HDFC Defence Fund - Direct (G)	7793.88	9.59%	9.36%	11.00%	47.92%	-
HDFC Defence Fund - Direct (IDCW)	7793.88	9.59%	9.36%	11.00%	47.92%	-
Franklin Asian Equity Fund - Direct (G)	371.57	0.52%	7.98%	18.60%	32.78%	15.00%

List of Schemes under Nippon India Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Nippon India Banking&Financial Services	Equity	Very High	17.87%	5	₹7,869.07
Nippon India Japan Equity Fund	Equity	Very High	28.6%	0	₹311.26
Nippon India Nifty Realty Index Fund	Other	Very High	-10.36%	0	₹35.40
Nippon India Pharma Fund	Equity	Very High	10%	3	₹8,306.35
Nippon India Nifty Auto Index Fund	Other	Very High	29.8%	0	₹43.71
Nippon India Balanced Advantage Fund	Hybrid	Very High	9.71%	4	₹9,687.94
Nippon India Corporate Bond Fund	Debt	Moderate	7.74%	4	₹8,950.15
Nippon India Nifty SDL Plus G-Sec-Jun2028 Maturity 70:30 IF	Other	Moderate	7.79%	0	₹330.00
Nippon India Ultra Short Duration Fund	Debt	Moderate	7.36%	4	₹10,671.71
Nippon India Vision Large & Mid Cap Fund	Equity	Very High	12.48%	4	₹6,962.81
Nippon India Money Market Fund	Debt	Moderate	7.3%	4	₹21,876.27
Nippon India BSE Sensex Next 30 Index Fund	Other	Very High	0%	0	₹72.56
Nippon India MNC Fund	Equity	Very High	0%	0	₹425.17
Nippon India Silver ETF FOF	Other	Very High	161.06%	0	₹4,719.87
Nippon India Aggressive Hybrid Fund	Hybrid	High	10.63%	4	₹4,063.06
Nippon India Gold Savings Fund	Other	High	81.65%	1	₹7,222.59
Nippon India Overnight Fund	Debt	Low	5.59%	4	₹6,730.18
Nippon India Nifty G-Sec-Sep2027 Maturity Index Fund	Other	Moderate	7.48%	0	₹409.45
Nippon India Nifty Midcap 150 Index Fund	Other	Very High	15.79%	3	₹2,188.15
Nippon India Growth Mid Cap Fund	Equity	Very High	19.08%	4	₹43,982.51
Nippon India Banking and PSU Fund	Debt	Moderate	7.27%	3	₹5,293.59
Nippon India Interval Fund-Annual-Sr.I	Debt	Moderately Low	6.91%	0	₹3.08
Nippon India Arbitrage Fund	Hybrid	Low	6.86%	3	₹16,514.77
Nippon India Nifty 50 Value 20 Index Fund	Other	Very High	3.38%	1	₹1,020.60
Nippon India Interval Fund - Quarterly - Series II	Debt	Moderate	5.89%	0	₹14.50
Nippon India US Equity Opportunities Fund	Equity	Very High	7.58%	0	₹703.22
Nippon India Nifty Bank Index Fund	Other	Very High	19.38%	0	₹188.58
Nippon India Nifty 500 Low Volatility 50 Index Fund	Other	Very High	0%	0	₹28.14
Nippon India Nifty 500 Quality 50 Index Fund	Other	Very High	0%	0	₹43.18
Nippon India Multi - Asset Omni FoF	Other	Very High	20.76%	5	₹2,304.88
Nippon India Large Cap Fund	Equity	Very High	12.23%	5	₹51,403.80
Nippon India Floater Fund	Debt	Moderately Low	7.93%	3	₹8,380.80
Nippon India Nifty G-Sec-Jun2036 Maturity Index Fund	Other	Moderate	7.22%	0	₹881.57
Nippon India Nifty Smallcap 250 Index Fund	Other	Very High	5.87%	2	₹2,752.94
Nippon India Small Cap Fund	Equity	Very High	9.13%	4	₹67,641.50
Nippon India Index Fund - BSE Sensex Plan	Other	Very High	7.11%	2	₹945.62
Nippon India Index Fund - Nifty 50 Plan	Other	Very High	9.53%	3	₹3,160.46
Nippon India Active Momentum Fund	Equity	Very High	17.42%	0	₹362.26
Nippon India ELSS Tax Saver Fund	Equity	Very High	13.06%	3	₹14,959.37
Nippon India Dynamic Bond Fund	Debt	Moderate	7.9%	4	₹4,084.25
Nippon India Value Fund	Equity	Very High	9.93%	4	₹9,034.44
Nippon India Flexi Cap Fund	Equity	Very High	9.24%	3	₹9,298.45
Nippon India CRISIL-IBX AAA Financial Services-Jan 2028 Index Fund	Other	Moderate	8.22%	0	₹85.91
Nippon India Gilt Fund	Debt	Moderately Low	3.82%	3	₹1,857.19
Nippon India Gilt Fund	Debt	Moderately Low	3.82%	3	₹1,857.19
Nippon India Gilt Fund	Debt	Moderately Low	3.82%	0	₹1,857.19
Nippon India Innovation Fund	Equity	Very High	10.89%	0	₹2,754.98
Nippon India Diversified Equity Flexicap Passive FoF	Other	Very High	10.37%	2	₹228.02
Nippon India Power & Infra Fund	Equity	Very High	16.47%	3	₹7,127.91
Nippon India Nifty IT Index Fund	Other	Very High	-19.26%	0	₹186.25
Nippon India Liquid Fund	Debt	Moderately Low	6.41%	4	₹32,735.75
Nippon India Nifty Alpha Low Volatility 30 IF	Other	Very High	8.67%	2	₹1,392.39
Nippon India Multi Asset Allocation Fund	Hybrid	Very High	25.53%	4	₹13,438.26
Nippon India Short Duration Fund	Debt	Moderate	8.18%	4	₹8,367.04
Nippon India Nivesh Lakshya Long Duration Fund	Debt	Moderate	3.21%	0	₹8,228.13
Nippon India Medium to Long Duration Fund	Debt	Moderately Low	5.27%	3	₹387.31
Nippon India CRISIL-IBX AAA Financial Services-Dec 2026 Index Fund	Other	Moderately Low	7.71%	0	₹106.51
Nippon India Income Plus Arbitrage Active FOF	Other	Moderate	0%	0	₹621.18
Nippon India Equity Savings Fund	Hybrid	Moderately Low	8.09%	2	₹929.26
Nippon India Taiwan Equity Fund	Equity	Very High	103.98%	0	₹519.50
Nippon India Focused Fund	Equity	Very High	10.68%	3	₹8,496.66
Nippon India Retirement Fund-WC	Solution Oriented	Very High	8.97%	3	₹3,133.09
Nippon India Nifty AAA PSU Bond Plus SDL-Sep2026 Maturity 50:50 IF	Other	Moderately Low	7.21%	0	₹382.66
Nippon India Retirement Fund-IG	Solution Oriented	Moderately High	4.8%	2	₹145.54
Nippon India Nifty 500 Equal Weight Index Fund	Other	Very High	9.01%	0	₹396.41
Nippon India Conservative Hybrid Fund	Hybrid	Very High	10.37%	5	₹947.83
Nippon India Quant Fund	Equity	Very High	14.81%	0	₹112.50
Nippon India Consumption Fund	Equity	Very High	2.75%	4	₹2,512.37
Nippon India Low Duration Fund	Debt	Moderately Low	7.56%	3	₹10,968.99
Nippon India Nifty SDL Plus G-Sec-Jun2029 Maturity 70:30 IF	Other	Moderate	7.86%	0	₹321.19
Nippon India Credit Risk Fund	Debt	High	9.78%	5	₹1,059.04
Nippon India Nifty AAA CPSE Bond Plus SDL-Apr2027 Maturity 60:40 IF	Other	Moderately Low	7.53%	0	₹3,002.93
Nippon India Multi Cap Fund	Equity	Very High	12.36%	5	₹50,820.01
Nippon India Nifty G-Sec-Oct2028 Maturity Index Fund	Other	Moderate	8.12%	0	₹127.78
Nippon India Nifty 500 Momentum 50 Index Fund	Other	Very High	9.59%	0	₹1,084.18
Nippon India Nifty Next 50 Junior BeES FoF	Other	Very High	12.78%	2	₹699.73
Nippon India Nifty India Manufacturing Index Fund	Other	Very High	0%	0	₹40.13
Nippon India Medium Duration Fund	Debt	Very High	10.03%	4	₹139.35

News

Nippon India Mutual Fund announces IDCW & Income Distribution cum Capital Withdrawal (IDCW) under its schemes
Nippon India Mutual Fund has announced 10 March 2026 as the record date for declaration of IDCW under the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:
Nippon India Balanced Advantage Fund - Regular Plan ' IDCW 0.2200
Nippon India Balanced Advantage Fund - Direct Plan ' IDCW: 0.2200
Nippon India Multi Asset Allocation Fund - Regular Plan ' IDCW 0.1500
Nippon India Multi Asset Allocation Fund - Direct Plan ' IDCW: 0.1500
Powered by Capital Market - Live News

Nippon India Mutual Fund announces change in Key Personnel
Nippon India Mutual Fund has announced that Mr. Anand Upadhyay has been appointed as Research Associate - Equity with effect from March 02, 2026. Accordingly, the following details of Mr. Upadhyay
Name: Ms. Anand Upadhyay
Designation: Research Associate - Equity
Powered by Capital Market - Live News

Nippon India Mutual Fund announces IDCW & Income Distribution cum Capital Withdrawal (IDCW) under its schemes
Nippon India Mutual Fund has announced 05 March 2026 as the record date for declaration of IDCW under the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:
Nippon India Growth Mid Cap Fund - Regular Plan ' IDCW: 9.0000
Nippon India Growth Mid Cap Fund - Direct Plan ' IDCW: 14.0000
Nippon India Growth Mid Cap Fund - Inst (IDCW) - Direct Plan ' IDCW: 85.0000
Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

9 August 2023

Total AUM (Cr)

₹2754.98

Nippon India Innovation Fund - Direct (G) is an Sectoral / Thematic-oriented fund from the renowned AMC, Nippon India Mutual Fund. Launched in 9 August 2023, this fund is managed by Vinay Sharma. With assets under management (AUM) worth ₹2,754.98 (Cr), as of 9 March 2026, Nippon India Innovation Fund - Direct (G) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 13.54% since its launch.
The current NAV of Nippon India Innovation Fund - Direct (G) is ₹13.56, as on 9 March 2026. The fund's benchmark index is Nifty 500 TRI. You can invest in Nippon India Innovation Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.81% in Equity, 1.33% in Debt and -0.14% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 21.94% in Retailing, 10.04% in Auto Components, 8.44% in Electrical Equipments, 5.94% in Banks, 5.47% in Finance

Mutual Fund Categories

Mutual Fund Calculators

View All

SIP Calculator

Compute the future value of your SIP investments

Lumpsum Calculator

Calculate lumpsum investment corpus

SWP Calculator

Calculate the future value of your SWP Investments