Nippon India Mutual Fundimage

Nippon India Innovation Fund

EquitySectoral/ThematicIDCW-ReinvestmentGrowthIDCW

Fund Overview

NAV (20 Dec 24)

₹ 13.63

AUM (in Cr)

₹ 2299.52

1 Year CAGR

% 25.21

Risk Level 

Very High

Fund Performance

Name
1 Month%
3 Month%
6 Month%
1 Year%
3 Year%
5 Year%
Nippon India Innovation Fund
3.50
-7.52
-0.38
25.21
0.00
0.00
Nifty 500
1.44
-7.63
0.49
19.95
17.18
18.86
Sectoral/Thematic
2.26
10.60
19.38
45.10
21.55
25.94

Note:  Benchmark Performance not available due to periodic changes in underlying Benchmark composition.

Scheme Information

Investment Objective

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.

Expense Ratio
% 2.01
Benchmark
Nifty 500
AUM
₹ 2299.52
Inception Date
09 Aug 2023
Turnover Ratio
-
Exit Load
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter.
Asset Class
Equity
amc-logo

Nippon India Mutual Fund

Total AUM

₹ 552409.22

No. of Schemes under this AMC

126

Phone

68087000

Email

customercare@nipponindiaim.in

Incorporation Date

6/30/1995

Address

4th Floor, Tower A,, Peninsula Business Park,, Ganapatrao Kadam Marg,

Mumbai - 400013

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Nippon India Innovation Fund

EquitySectoral/Thematic
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