Site Logo

Download QR

Open Free Demat Account!

Join Our 9 Lakh Customers

+91
Headphone

Home

Mutual Funds

Nippon India Innovation Fund

Ni

Nippon India Innovation Fund

Thematic-InnovationRank #6
Not Rated

NAV (2026-07-14)

14.47

AUM

₹2,917.9 Cr

Exp. Ratio: 2.06%

RISK LEVEL

Very High

Returns & Performance

1 Year1.97%4.56% vs cat avgRank #6
3 Year----
5 Year----
Since Launch13.70%--

Fund vs Category Average

1Y
1.97%-4.56%

Pros & Cons

Pros

No lock-in period
Decent 1Y category rank (#6)
Overall top-10 rank in category (#6)

Cons

1Y returns trail category average
3Y returns below category average
Higher expense ratio (2.06%)
ISININF204KC1BL9
NAV₹14.47
NAV Date2026-07-14
AUM₹2,917.9 Cr
Expense Ratio2.06%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1995-06-30

INVESTMENT OBJECTIVE

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.

Top Holdings

Holdings data not available for this scheme