The scheme seeks 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 l innovation, research and development, new product development or new platforms to enhance their business and gain share in their respective sectors.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Amber Singhania
MMS Finance (Mumbai University)
Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Nippon India Innovation Fund is ₹15.25 as of 2026-08-28.
Nippon India Innovation Fund is classified as a Thematic-Innovation fund.
The Assets Under Management (AUM) of Nippon India Innovation Fund is ₹2,979.24 Cr.
The expense ratio of Nippon India Innovation Fund is 2.06%.
Nippon India Innovation Fund is managed by Amber Singhania.
The minimum SIP investment for Nippon India Innovation Fund is ₹100.
The exit load for Nippon India Innovation Fund is 1%.
As per the SEBI Riskometer, Nippon India Innovation Fund carries a Very High risk level.
Nippon India Innovation Fund has delivered 5.92% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Nippon India Innovation Fund was launched on 1995-06-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
