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Sectoral / Thematic📊 NIFTY 500 TRI

Nippon India Innovation Fund · Regular · Growth

Nippon India Mutual Fund

#121 of 213 (1Y)

NAV

₹14.2941

as of 17 Jun 2026

Expense Ratio

1.97%

AUM

₹2,702 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+3.72%
3Y
5Y
Since Inception
+13.59%

SIP returns (XIRR)

1Y
+4.36%
3Y
5Y
Since Inception
+7.67%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹17,000

Invested

₹17,849

Value today

3.5%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,356

Value today

11.5%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹7,22,152

Value today

-11.3%

vs lumpsum

Direct lumpsum would have beaten STP by 11.3% — but STP reduced timing risk

Model your own STP with real NAV

Risk Metrics

Trailing 1 year, annualised

-0.11

Sharpe Ratio

+0.01

Alpha

0.50

Beta

-0.10

Sortino

16.00%

Std Dev

-18.30%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseNippon India Mutual Fund
CategorySectoral / Thematic
BenchmarkNIFTY 500 TRI ✓
Launch Date28 Aug 2023
AMFI Code152034
Transaction facts
Min. Lumpsum₹1,000
Min. SIP₹100
Exit Load1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 30 Apr 2026
Holding% NAV

Investment Objective

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 2 years. It manages assets worth ₹2,702 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 1.97%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations