Nippon India Innovation Fund Direct IDCW

Nippon India Innovation Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Kinjal Desai is the Current Fund Manager of Nippon India Innovation Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹6,44,226 Cr and the Latest NAV as of 25 Sep 2025 is ₹14.95. The Nippon India Innovation Fund Direct IDCW 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. ;

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. ;