Nippon India Innovation Fund · Regular · Growth
NAV
₹14.8625
as of 13 Nov 2026
Expense Ratio
2.09%
AUM
₹3,019 Cr
Lumpsum returns (CAGR)
- 1Y
- +2.52%
- 3Y
- +13.30%
- 5Y
- —
- Since Inception
- +13.13%
SIP returns (XIRR)
- 1Y
- +10.54%
- 3Y
- +7.31%
- 5Y
- —
- Since Inception
- +8.21%
What history actually did — last 3 years (Nov 2023 – Nov 2026)
A ₹5,000 monthly SIP for the last 3 years (Nov 2023 – Nov 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹1,98,219 today — ₹1,80,000 invested, 6.7% XIRR.
₹1,80,000
Invested
₹1,98,219
Value today
6.7%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 3 years (Nov 2023 – Nov 2026)
Real NAV backtest
₹1,00,000 invested 3 years ago would be ₹1,45,447 today (13.3% CAGR).
Fund vs Benchmark (TRI)
Same SIP, benchmark total-return index
The same SIP would be worth ₹1,98,219 in this fund vs ₹1,95,242 in the benchmark — outperformance of ₹2,977.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 3 years (Nov 2023 – Nov 2026) (4 Jun 2024) would be ₹1,19,009 today (1.19×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised0.03
Sharpe Ratio
+0.02
Alpha
0.99
Beta
0.03
Sortino
14.56%
Std Dev
-18.30%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 30 Sept 2026- Retailing21.95%
- Auto Components7.38%
- Banks6.80%
- Electrical Equipment6.15%
- Insurance4.78%
- Leisure Services4.46%
- Consumer Durables4.23%
- Financial Technology (Fintech)4.13%
- Pharmaceuticals & Biotechnology4.12%
- Transport Services4.01%
- Healthcare Services3.55%
- Beverages3.47%
Each sector links to the mutual funds most exposed to it.
Related reading
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Fund Details
Available transactions
Portfolio holdings
- 1Eternal Limited5.22%
- 2Info Edge (India) Limited4.64%
- 3Trent Limited3.54%
- 4Varun Beverages Limited3.47%
- 5Samvardhana Motherson International Limited3.17%
- 63m India Limited3.16%
- 7Swiggy Limited2.91%
- 8Zf Commercial Vehicle Control Systems India Limited2.71%
- 9Avenue Supermarts Limited2.56%
- 10Axis Bank Limited2.52%
What this fund does
Nippon India Innovation Fund · Regular · Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.
About This Fund
Nippon India Innovation Fund · Regular · Growth is a Sectoral / Thematic mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 3 years. It manages assets worth ₹3,019 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.09%.