Nippon India Innovation Fund · Regular · Growth
NAV
₹14.3331
as of 29 Sept 2026
Expense Ratio
2.07%
AUM
₹2,787 Cr
Lumpsum returns (CAGR)
- 1Y
- +0.20%
- 3Y
- +12.05%
- 5Y
- —
- Since Inception
- +12.36%
SIP returns (XIRR)
- 1Y
- +2.27%
- 3Y
- +6.01%
- 5Y
- —
- Since Inception
- +6.36%
What history actually did — last 3 years (Oct 2023 – Sept 2026)
A ₹5,000 monthly SIP for the last 3 years (Oct 2023 – Sept 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹1,88,269 today — ₹1,75,000 invested, 5.0% XIRR.
₹1,75,000
Invested
₹1,88,269
Value today
5.0%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 3 years (Oct 2023 – Sept 2026)
Real NAV backtest
₹1,00,000 invested 3 years ago would be ₹1,40,835 today (12.1% CAGR).
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 3 years (Oct 2023 – Sept 2026) (3 Jun 2024) would be ₹1,10,342 today (1.10×).
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, annualised0.38
Sharpe Ratio
+0.08
Alpha
0.29
Beta
0.37
Sortino
14.60%
Std Dev
-18.30%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 31 Aug 2026- Retailing22.83%
- Auto Components8.23%
- Electrical Equipment6.16%
- Banks4.85%
- Pharmaceuticals & Biotechnology4.59%
- Leisure Services4.48%
- Financial Technology (Fintech)4.32%
- Consumer Durables4.19%
- Transport Services4.15%
- Healthcare Services4.05%
- IT - Software3.93%
- Insurance3.36%
Each sector links to the mutual funds most exposed to it.
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Fund Details
Available transactions
Portfolio holdings
- 1Eternal Limited5.03%
- 2Info Edge (India) Limited4.70%
- 3Trent Limited3.66%
- 4Samvardhana Motherson International Limited3.11%
- 53m India Limited3.08%
- 6Swiggy Limited3.08%
- 7Varun Beverages Limited3.03%
- 8Zf Commercial Vehicle Control Systems India Limited2.76%
- 9Fsn E-Commerce Ventures Limited2.67%
- 10Bajaj Finserv Limited2.53%
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 ₹2,787 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.07%.