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Nippon India Innovation Fund Growth
Equity
Thematic
Very High Risk
NAV: 09 Jan '26
₹13.99
Min. SIP amount
Not Supported
Fund size
₹2,856.29 Cr
Expense ratio
1.96%
Holdings (48)
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | +0.5% | +2.6% | +4.4% | +44.9% |
| Category average (Equity Thematic) | -- | -- | -1.5% | -- |
| Rank (Equity Thematic) | 6 | 5 | 1 | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 1%, if redeemed within 1 year.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
Fund management
VSVinay SharmaAug 2023 - PresentView details
VS
Vinay Sharma
Aug 2023 - Present
View details
KDKinjal DesaiAug 2023 - PresentView details
KD
Kinjal Desai
Aug 2023 - Present
View details
RPRishit ParikhAug 2024 - PresentView details
RP
Rishit Parikh
Aug 2024 - Present
View details
DDSDivya Dutt SharmaSep 2025 - PresentView details
DDS
Divya Dutt Sharma
Sep 2025 - Present
View details
LMLokesh MaruSep 2025 - PresentView details
LM
Lokesh Maru
Sep 2025 - Present
View details
About Nippon India Innovation Fund Growth
Nippon India Innovation Fund 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,09,782 Cr and the Latest NAV as of 09 Jan 2026 is ₹13.99.
The Nippon India Innovation Fund Growth is rated Very High risk. Exit load of 1%, if redeemed within 1 year.
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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.;
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#4 in India
Total AUM₹7,09,781.92 Cr
Date of Incorporation30 Jun 1995
Launch Date30 Jun 1995
Address30th Floor, One Lodha PlaceSenapati Bapat Marg, Lower ParelMumbai Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,