Nippon India Innovation Fund Regular Growth
EquityEquity - OtherVery High Risk
Regular
NAV (05-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,982 Cr
Expense Ratio
2.06%
ISIN
INF204KC1BL9
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
28 Aug 2023
About this fund
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹14.78, Assets Under Management (AUM) of 1982.19 Crores, and an expense ratio of 2.06%.
- Nippon India Innovation Fund Regular Growth has given a CAGR return of 46.45% since inception.
- The fund's asset allocation comprises around 91.12% in equities, 0.00% in debts, and 8.88% in cash & cash equivalents.
- You can start investing in Nippon India Innovation Fund Regular 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
+45.37%
— (Cat Avg.)
Since Inception
+46.45%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹1,806.17 Cr | 91.12% |
| Others | ₹176.01 Cr | 8.88% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Triparty Repo | Cash - Repurchase Agreement | ₹168.54 Cr | 8.50% |
| 3M India Ltd | Equity | ₹90.44 Cr | 4.56% |
| Bajaj Finserv Ltd | Equity | ₹74.11 Cr | 3.74% |
| Info Edge (India) Ltd | Equity | ₹70.24 Cr | 3.54% |
| Affle India Ltd | Equity | ₹65.17 Cr | 3.29% |
| HDFC Bank Ltd | Equity | ₹64.63 Cr | 3.26% |
| Syngene International Ltd | Equity | ₹63.65 Cr | 3.21% |
| Hero MotoCorp Ltd | Equity | ₹63.52 Cr | 3.20% |
| Delhivery Ltd | Equity | ₹60.6 Cr | 3.06% |
| Axis Bank Ltd | Equity | ₹60.05 Cr | 3.03% |
| Jubilant Foodworks Ltd | Equity | ₹59.88 Cr | 3.02% |
| Motherson Sumi Wiring India Ltd | Equity | ₹58.93 Cr | 2.97% |
| Zomato Ltd | Equity | ₹58.51 Cr | 2.95% |
| ICICI Bank Ltd | Equity | ₹57.71 Cr | 2.91% |
| FSN E-Commerce Ventures Ltd | Equity | ₹57.26 Cr | 2.89% |
| Honeywell Automation India Ltd | Equity | ₹57.06 Cr | 2.88% |
| Kotak Mahindra Bank Ltd | Equity | ₹56.95 Cr | 2.87% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹46.47 Cr | 2.34% |
| Samvardhana Motherson International Ltd | Equity | ₹44.42 Cr | 2.24% |
| Tejas Networks Ltd | Equity | ₹44.27 Cr | 2.23% |
| Bajaj Finance Ltd | Equity | ₹42.88 Cr | 2.16% |
| Siemens Ltd | Equity | ₹42.87 Cr | 2.16% |
| United Breweries Ltd | Equity | ₹42.81 Cr | 2.16% |
| Timken India Ltd | Equity | ₹42.49 Cr | 2.14% |
| eMudhra Ltd | Equity | ₹40.82 Cr | 2.06% |
| Bosch Ltd | Equity | ₹39.8 Cr | 2.01% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹39.35 Cr | 1.99% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹35.42 Cr | 1.79% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹32.3 Cr | 1.63% |
| Avenue Supermarts Ltd | Equity | ₹30.92 Cr | 1.56% |
| Tata Motors Ltd | Equity | ₹28.92 Cr | 1.46% |
| TVS Motor Co Ltd | Equity | ₹28.86 Cr | 1.46% |
| Bayer CropScience Ltd | Equity | ₹27.73 Cr | 1.40% |
| Hindustan Unilever Ltd | Equity | ₹27.06 Cr | 1.36% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹26.28 Cr | 1.33% |
| Sapphire Foods India Ltd | Equity | ₹25 Cr | 1.26% |
| Kirloskar Oil Engines Ltd | Equity | ₹24.68 Cr | 1.25% |
| Tata Consumer Products Ltd | Equity | ₹24.59 Cr | 1.24% |
| Sanofi India Ltd | Equity | ₹22.54 Cr | 1.14% |
| One97 Communications Ltd | Equity | ₹14.13 Cr | 0.71% |
| Sanofi Consumer He | Equity | ₹12.53 Cr | 0.63% |
| Net Current Assets | Cash | ₹6.53 Cr | 0.33% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.95 Cr | 0.05% |
| Tata Consumer Prod | Equity | ₹0.3 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
34.15%
Mid Cap Stocks
41.99%
Small Cap Stocks
14.34%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹539.87 Cr | 27.24% |
| Financial Services | ₹388.63 Cr | 19.61% |
| Industrials | ₹344.42 Cr | 17.38% |
| Communication Services | ₹135.41 Cr | 6.83% |
| Healthcare | ₹132.67 Cr | 6.69% |
| Consumer Defensive | ₹125.38 Cr | 6.33% |
| Technology | ₹99.22 Cr | 5.01% |
| Basic Materials | ₹27.73 Cr | 1.40% |
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 July 2024
ISIN | INF204KC1BL9 | Expense Ratio | 2.06% | Exit Load | 1.00% | Fund Size | ₹1,982 Cr | Age | 28 Aug 2023 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹228.86 Cr | 35.0% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹228.86 Cr | 34.5% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹593.72 Cr | 56.2% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹593.72 Cr | 53.7% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹3254.35 Cr | 58.1% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3254.35 Cr | 56.2% |
| 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% | - | ₹268.02 Cr | 63.2% |
| DSP Nifty Midcap 150 Quality 50 ETF Low Risk | 0.3% | - | ₹101.33 Cr | 34.2% |
About the AMC
Total AUM
₹5,54,956 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
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- Vinay Sharma
- Kinjal Desai
- Rishit Parikh
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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