MF
MFGenie.ai
Sectoral / Thematic

Nippon India Innovation Fund · Direct · Growth

Nippon India Mutual Fund

NAV

₹14.8312

as of 17 Jun 2026

Expense Ratio

see scheme documents

Viewing Direct · Growth
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Lumpsum returns (CAGR)

1Y
+5.07%
3Y
5Y
Since Inception
+15.10%

SIP returns (XIRR)

1Y
+5.67%
3Y
5Y
Since Inception
+9.10%

Performance Comparison

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Fund Details

Fund HouseNippon India Mutual Fund
CategorySectoral / Thematic
Launch Date28 Aug 2023
AMFI Code152033
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

portfolio shared with Nippon India Innovation Fund-Regular Plan-Growth Option

Holding% NAV

Investment Objective

Nippon India Innovation Fund · Direct · 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 · Direct · Growth is a Sectoral / Thematic mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 2 years.

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