Nippon India Innovation Fund Direct Growth

Nippon India Innovation Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Vinay Sharma is the Current Fund Manager of Nippon India Innovation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,41,774 Cr and the Latest NAV as of 20 Mar 2026 is ₹13.14. The Nippon India Innovation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. Exit load of 1%, if redeemed within 1 year. ;

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.;