Nippon India Innovation Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (21-Feb-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,277 Cr
Expense Ratio
0.69%
ISIN
INF204KC1BO3
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
28 Aug 2023
About this fund
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹12.59, Assets Under Management (AUM) of 2277.00 Crores, and an expense ratio of 0.69%.
- Nippon India Innovation Fund Direct Growth has given a CAGR return of 16.76% since inception.
- The fund's asset allocation comprises around 98.14% in equities, 0.00% in debts, and 1.86% in cash & cash equivalents.
- You can start investing in Nippon India Innovation Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.37%
— (Cat Avg.)
Since Inception
+16.76%
— (Cat Avg.)
Portfolio Summaryas of 31st January 2025
| Equity | ₹2,234.65 Cr | 98.14% |
| Others | ₹42.36 Cr | 1.86% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 3M India Ltd | Equity | ₹108.05 Cr | 4.75% |
| Bajaj Finserv Ltd | Equity | ₹95.26 Cr | 4.18% |
| Avenue Supermarts Ltd | Equity | ₹94.06 Cr | 4.13% |
| FSN E-Commerce Ventures Ltd | Equity | ₹91.12 Cr | 4.00% |
| Info Edge (India) Ltd | Equity | ₹77.2 Cr | 3.39% |
| Axis Bank Ltd | Equity | ₹75.44 Cr | 3.31% |
| Zomato Ltd | Equity | ₹73.82 Cr | 3.24% |
| Tata Consumer Products Ltd | Equity | ₹71.14 Cr | 3.12% |
| Jubilant Foodworks Ltd | Equity | ₹70.39 Cr | 3.09% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹70.11 Cr | 3.08% |
| ICICI Bank Ltd | Equity | ₹68.9 Cr | 3.03% |
| Swiggy Ltd | Equity | ₹66.38 Cr | 2.92% |
| Tata Motors Ltd | Equity | ₹64.45 Cr | 2.83% |
| IndusInd Bank Ltd | Equity | ₹60.02 Cr | 2.64% |
| HDFC Bank Ltd | Equity | ₹59.46 Cr | 2.61% |
| Syngene International Ltd | Equity | ₹57.38 Cr | 2.52% |
| Delhivery Ltd | Equity | ₹54.58 Cr | 2.40% |
| Affle India Ltd | Equity | ₹52.79 Cr | 2.32% |
| Siemens Ltd | Equity | ₹52.57 Cr | 2.31% |
| Tejas Networks Ltd | Equity | ₹51.53 Cr | 2.26% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹50.23 Cr | 2.21% |
| Hero MotoCorp Ltd | Equity | ₹50.22 Cr | 2.21% |
| Bajaj Finance Ltd | Equity | ₹49.68 Cr | 2.18% |
| Triparty Repo | Cash - Repurchase Agreement | ₹47.15 Cr | 2.07% |
| Hyundai Motor India Ltd | Equity | ₹45.98 Cr | 2.02% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹45.69 Cr | 2.01% |
| United Breweries Ltd | Equity | ₹45.59 Cr | 2.00% |
| Motherson Sumi Wiring India Ltd | Equity | ₹44.78 Cr | 1.97% |
| One97 Communications Ltd | Equity | ₹37.69 Cr | 1.66% |
| Honeywell Automation India Ltd | Equity | ₹34.68 Cr | 1.52% |
| Sonata Software Ltd | Equity | ₹33.39 Cr | 1.47% |
| Bosch Ltd | Equity | ₹32.69 Cr | 1.44% |
| eMudhra Ltd | Equity | ₹32.44 Cr | 1.42% |
| Samvardhana Motherson International Ltd | Equity | ₹31.92 Cr | 1.40% |
| Timken India Ltd | Equity | ₹28.45 Cr | 1.25% |
| TVS Motor Co Ltd | Equity | ₹28.02 Cr | 1.23% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹27.45 Cr | 1.21% |
| Sanofi Consumer Healthcare India Ltd | Equity | ₹27.29 Cr | 1.20% |
| Ola Electric Mobility Ltd | Equity | ₹26.03 Cr | 1.14% |
| GE Vernova T&D India Ltd | Equity | ₹25.35 Cr | 1.11% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹24.25 Cr | 1.07% |
| Sapphire Foods India Ltd | Equity | ₹21.91 Cr | 0.96% |
| Bayer CropScience Ltd | Equity | ₹20.4 Cr | 0.90% |
| Honasa Consumer Ltd | Equity | ₹18.95 Cr | 0.83% |
| Sanofi India Ltd | Equity | ₹18.85 Cr | 0.83% |
| Kirloskar Oil Engines Ltd | Equity | ₹18.07 Cr | 0.79% |
| Net Current Assets | Cash | ₹-5.06 Cr | 0.22% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.27 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
39.86%
Mid Cap Stocks
33.64%
Small Cap Stocks
17.36%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹745.28 Cr | 32.73% |
| Financial Services | ₹458.97 Cr | 20.16% |
| Industrials | ₹346.01 Cr | 15.20% |
| Consumer Defensive | ₹229.74 Cr | 10.09% |
| Technology | ₹155.05 Cr | 6.81% |
| Healthcare | ₹149.21 Cr | 6.55% |
| Communication Services | ₹129.99 Cr | 5.71% |
| Basic Materials | ₹20.4 Cr | 0.90% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st January 2025
ISIN INF204KC1BO3 | Expense Ratio 0.69% | Exit Load 1.00% | Fund Size ₹2,277 Cr | Age 1 year 5 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹214.12 Cr | -0.6% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.8% | 0.0% | ₹214.12 Cr | -1.0% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹524.52 Cr | 3.1% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹524.52 Cr | 1.5% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹3040.04 Cr | 9.6% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3040.04 Cr | 8.3% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹411.67 Cr | -5.0% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹93.15 Cr | 4.3% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,72,100 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Take control of your wealth
Related Articles
Still got questions?
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What is the current NAV of Nippon India Innovation Fund Direct Growth?
What is the portfolio composition of Nippon India Innovation Fund Direct Growth?
Who manages the Nippon India Innovation Fund Direct Growth?
- Vinay Sharma
- Kinjal Desai
- Rishit Parikh
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Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
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Nippon India Innovation Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (21-Feb-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,277 Cr
Expense Ratio
0.69%
ISIN
INF204KC1BO3
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
28 Aug 2023
Risk Level
Your principal amount will be at Very High Risk
About this fund
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹12.59, Assets Under Management (AUM) of 2277.00 Crores, and an expense ratio of 0.69%.
- Nippon India Innovation Fund Direct Growth has given a CAGR return of 16.76% since inception.
- The fund's asset allocation comprises around 98.14% in equities, 0.00% in debts, and 1.86% in cash & cash equivalents.
- You can start investing in Nippon India Innovation Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.37%
— (Cat Avg.)
Since Inception
+16.76%
— (Cat Avg.)
Portfolio Summaryas of 31st January 2025
| Equity | ₹2,234.65 Cr | 98.14% |
| Others | ₹42.36 Cr | 1.86% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| 3M India Ltd | Equity | ₹108.05 Cr | 4.75% |
| Bajaj Finserv Ltd | Equity | ₹95.26 Cr | 4.18% |
| Avenue Supermarts Ltd | Equity | ₹94.06 Cr | 4.13% |
| FSN E-Commerce Ventures Ltd | Equity | ₹91.12 Cr | 4.00% |
| Info Edge (India) Ltd | Equity | ₹77.2 Cr | 3.39% |
| Axis Bank Ltd | Equity | ₹75.44 Cr | 3.31% |
| Zomato Ltd | Equity | ₹73.82 Cr | 3.24% |
| Tata Consumer Products Ltd | Equity | ₹71.14 Cr | 3.12% |
| Jubilant Foodworks Ltd | Equity | ₹70.39 Cr | 3.09% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹70.11 Cr | 3.08% |
| ICICI Bank Ltd | Equity | ₹68.9 Cr | 3.03% |
| Swiggy Ltd | Equity | ₹66.38 Cr | 2.92% |
| Tata Motors Ltd | Equity | ₹64.45 Cr | 2.83% |
| IndusInd Bank Ltd | Equity | ₹60.02 Cr | 2.64% |
| HDFC Bank Ltd | Equity | ₹59.46 Cr | 2.61% |
| Syngene International Ltd | Equity | ₹57.38 Cr | 2.52% |
| Delhivery Ltd | Equity | ₹54.58 Cr | 2.40% |
| Affle India Ltd | Equity | ₹52.79 Cr | 2.32% |
| Siemens Ltd | Equity | ₹52.57 Cr | 2.31% |
| Tejas Networks Ltd | Equity | ₹51.53 Cr | 2.26% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹50.23 Cr | 2.21% |
| Hero MotoCorp Ltd | Equity | ₹50.22 Cr | 2.21% |
| Bajaj Finance Ltd | Equity | ₹49.68 Cr | 2.18% |
| Triparty Repo | Cash - Repurchase Agreement | ₹47.15 Cr | 2.07% |
| Hyundai Motor India Ltd | Equity | ₹45.98 Cr | 2.02% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹45.69 Cr | 2.01% |
| United Breweries Ltd | Equity | ₹45.59 Cr | 2.00% |
| Motherson Sumi Wiring India Ltd | Equity | ₹44.78 Cr | 1.97% |
| One97 Communications Ltd | Equity | ₹37.69 Cr | 1.66% |
| Honeywell Automation India Ltd | Equity | ₹34.68 Cr | 1.52% |
| Sonata Software Ltd | Equity | ₹33.39 Cr | 1.47% |
| Bosch Ltd | Equity | ₹32.69 Cr | 1.44% |
| eMudhra Ltd | Equity | ₹32.44 Cr | 1.42% |
| Samvardhana Motherson International Ltd | Equity | ₹31.92 Cr | 1.40% |
| Timken India Ltd | Equity | ₹28.45 Cr | 1.25% |
| TVS Motor Co Ltd | Equity | ₹28.02 Cr | 1.23% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹27.45 Cr | 1.21% |
| Sanofi Consumer Healthcare India Ltd | Equity | ₹27.29 Cr | 1.20% |
| Ola Electric Mobility Ltd | Equity | ₹26.03 Cr | 1.14% |
| GE Vernova T&D India Ltd | Equity | ₹25.35 Cr | 1.11% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹24.25 Cr | 1.07% |
| Sapphire Foods India Ltd | Equity | ₹21.91 Cr | 0.96% |
| Bayer CropScience Ltd | Equity | ₹20.4 Cr | 0.90% |
| Honasa Consumer Ltd | Equity | ₹18.95 Cr | 0.83% |
| Sanofi India Ltd | Equity | ₹18.85 Cr | 0.83% |
| Kirloskar Oil Engines Ltd | Equity | ₹18.07 Cr | 0.79% |
| Net Current Assets | Cash | ₹-5.06 Cr | 0.22% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.27 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
39.86%
Mid Cap Stocks
33.64%
Small Cap Stocks
17.36%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹745.28 Cr | 32.73% |
| Financial Services | ₹458.97 Cr | 20.16% |
| Industrials | ₹346.01 Cr | 15.20% |
| Consumer Defensive | ₹229.74 Cr | 10.09% |
| Technology | ₹155.05 Cr | 6.81% |
| Healthcare | ₹149.21 Cr | 6.55% |
| Communication Services | ₹129.99 Cr | 5.71% |
| Basic Materials | ₹20.4 Cr | 0.90% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st January 2025
ISIN INF204KC1BO3 | Expense Ratio 0.69% | Exit Load 1.00% | Fund Size ₹2,277 Cr | Age 1 year 5 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹214.12 Cr | -0.6% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.8% | 0.0% | ₹214.12 Cr | -1.0% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹524.52 Cr | 3.1% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹524.52 Cr | 1.5% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹3040.04 Cr | 9.6% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3040.04 Cr | 8.3% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹411.67 Cr | -5.0% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹93.15 Cr | 4.3% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,72,100 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Nippon India Innovation Fund Direct Growth?
What is the portfolio composition of Nippon India Innovation Fund Direct Growth?
Who manages the Nippon India Innovation Fund Direct Growth?
- Vinay Sharma
- Kinjal Desai
- Rishit Parikh
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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