NAV on (22 Apr 2026 )
₹14.10 ▲
(+0.45%)
Fund Size
₹2445.95 Crores
1Y Returns
6.74 %
The investment objective of Nippon India Innovation Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies seeking to benefit from innovation i.e companies that invest in I innovation, research and development, new product development or new platforms to enhance their business and gain share in their respective sectors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Nippon Life India Asset Management Ltd.
Launch Date
August 9, 2023
Fund Manager
Mr. Vinay Sharma
Initial Price
10
AUM Fund
2445.95 Cr
Min investment
Rs 500
Expense Ratio
2%
(1) Rs.100/- per month and in multiples of Re. 1/- thereafter for minimum 60 months.(2) Rs.500/- per month and in multiples of Re. 1/- thereafter for minimum 12 months.(3) Rs.1,000/- per month and in multiples of Re. 1/- thereafter for minimum 6 months.(4) Rs.500/- per quarter and in multiples of Re. 1/- thereafter for minimum 12 quarters.(5) Rs.1,500/- per quarter and in multiples of Re. 1/- thereafter for minimum 4 quarters.(6) Rs.5,000/- per year and in multiples of Rs. 500/- thereafter for minimum 2 years.
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter.
1 Month
+11.03%
6 Months
-3.23%
1 Year
+6.74%
2 Years (CAGR)
+7.39%
3 Years (CAGR)
NA
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 50.65% | 96.67% | ₹3935.83 | |
| 49.85% | 93.51% | ₹3935.83 | |
| 34.30% | 134.70% | ₹110.26 | |
| 31.97% | 0.00% | ₹4616.45 | |
| 31.97% | 0.00% | ₹4616.45 |
Q: What is the current NAV of Nippon India Innovation Fund - Growth?
A: The latest NAV of Nippon India Innovation Fund - Growth is ₹ 14.10 as on 22 Apr 2026.
Q: What type of mutual fund is Nippon India Innovation Fund - Growth?
A: Nippon India Innovation Fund - Growth is a 'Equity - Large Cap' type mutual fund managed by 'Nippon Life India Asset Management Ltd.'.
Q: What is the expense ratio of Nippon India Innovation Fund - Growth?
A: The expense ratio of Nippon India Innovation Fund - Growth is 2%, which impacts overall returns.
Q: Who manages Nippon India Innovation Fund - Growth?
A: Nippon India Innovation Fund - Growth is managed by Mr. Vinay Sharma, who oversees investment strategy and portfolio decisions.
Q: Is Nippon India Innovation Fund - Growth a good investment?
A: Nippon India Innovation Fund - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Nippon India Innovation Fund - Growth?
A: The exit load of Nippon India Innovation Fund - Growth is 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter., applicable if redeemed within the specified period.
Q: How is Nippon India Innovation Fund - Growth taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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