Nippon India Innovation Fund Direct Growth

Equity
Thematic
Very High Risk
1M
6M
1Y
All
NAV: 05 Dec 2024₹14.38
Min. SIP amount₹100
RatingNA
Fund size₹2,275.27Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Thematic
Absolute returns
3M6M1YAll
Fund returns-5.6%8.5%31.0%40.4%
Category averageNANA29.8%NA
Rank with in category613323NA
Understand terms

Holdings (45)

NameSectorInstrumentAssets
DiversifiedEquity5.86%
FinancialEquity4.32%
ServicesEquity3.34%
ServicesEquity3.32%
FinancialEquity3.20%
FinancialEquity3.12%
HealthcareEquity3.05%
TechnologyEquity2.98%
FinancialEquity2.95%
FinancialEquity2.84%
ServicesEquity2.75%
AutomobileEquity2.60%
ServicesEquity2.59%
ServicesEquity2.40%
AutomobileEquity2.25%
AutomobileEquity2.25%
CommunicationEquity2.15%
FinancialEquity1.95%
ServicesEquity1.93%
FinancialEquity1.92%
ServicesEquity1.90%
Capital GoodsEquity1.89%
AutomobileEquity1.88%
Consumer StaplesEquity1.84%
AutomobileEquity1.84%
HealthcareEquity1.84%
AutomobileEquity1.80%
Capital GoodsEquity1.76%
TechnologyEquity1.74%
Consumer StaplesEquity1.71%
ServicesEquity1.66%
AutomobileEquity1.61%
ServicesEquity1.54%
Consumer StaplesEquity1.53%
Capital GoodsEquity1.52%
HealthcareEquity1.29%
AutomobileEquity1.28%
ChemicalsEquity1.19%
FinancialEquity1.11%
ServicesEquity1.09%
HealthcareEquity1.04%
Capital GoodsEquity1.03%
Consumer StaplesEquity0.97%
Capital GoodsEquity0.88%
AutomobileEquity0.72%
See All

Expense ratio, exit load and tax

Expense ratio: 0.69%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Rishit Parikh
Aug 2024 - Present
View details

Education
Mr. Parikh has done B.Tech and MBA
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Nomura and Goldman Sachs
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400013
Phone
NA
Launch Date
30 Jun 1995
E-mail
NA
Website
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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