NAV on (20 Jan 2026 )
₹13.46 ▼
(-2.33%)
Fund Size
₹2856.29 Crores
1Y Returns
1.80 %
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
2856.29 Cr
Min investment
Rs 500
Expense Ratio
1.94%
(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
-6.46%
6 Months
-5.32%
1 Year
+1.80%
2 Years
+8.21%
3 Years
NA
5 Years
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 38.48% | 0.00% | ₹89.88 | |
| 22.85% | 25.57% | ₹132.37 | |
| 21.79% | 99.47% | ₹4102.98 | |
| 21.68% | -9.41% | ₹109.99 | |
| 21.17% | 42.80% | ₹3981.04 |
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