Nippon India Innovation Fund Growth

Nippon India Innovation Fund Growth

1M
6M
1Y
All
NAV: 16 Jul '26
₹14.54
Min. for SIP
₹100
Fund size (AUM)
₹2,917.90 Cr
Expense ratio
2.08%
Rating
--

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹15,285
+1.90%
6 months₹30,000₹29,870
-0.43%
1 year₹60,000₹58,589
-2.35%

Holdings (60)

NameSectorInstrumentsAssets
Trent LtdConsumer DiscretionaryEquity4.44%
Zomato LtdTechnologyEquity4.32%
Varun Beverages LtdConsumer StaplesEquity3.91%
Info Edge (India) LtdTechnologyEquity3.73%
ZF Commercial Vehicle Control Systems India LtdConsumer DiscretionaryEquity3.50%
Avenue Supermarts LtdConsumer StaplesEquity3.33%
3M India LtdDiversifiedEquity3.24%
FSN E-Commerce Ventures LtdConsumer DiscretionaryEquity3.06%
Samvardhana Motherson International LtdConsumer DiscretionaryEquity3.03%
Axis Bank LtdFinancialEquity2.77%
ICICI Bank LtdFinancialEquity2.71%
Swiggy Ltd.TechnologyEquity2.62%
Bajaj Finserv LtdFinancialEquity2.62%
Siemens Energy India LtdEnergy & UtilitiesEquity2.52%
Kirloskar Oil Engines LtdIndustrialsEquity2.41%
Sun Pharmaceutical Industries LtdHealthcareEquity2.07%
ABB India LtdIndustrialsEquity2.05%
Syngene International LtdHealthcareEquity1.98%
Krishna Institute Of Medical Sciences LtdHealthcareEquity1.95%
Honasa Consumer Ltd.Consumer StaplesEquity1.91%
Hindustan Aeronautics LtdIndustrialsEquity1.88%
Motherson Sumi Wiring India LtdIndustrialsEquity1.85%
Interglobe Aviation LtdIndustrialsEquity1.84%
LG Electronics India Ltd.Consumer DiscretionaryEquity1.83%
Coforge LtdTechnologyEquity1.76%
PB Fintech LtdFinancialEquity1.63%
RepoUnspecifiedRepo1.51%
One 97 Communications LtdIndustrialsEquity1.51%
Siemens LtdDiversifiedEquity1.50%
Dixon Technologies (India) LtdConsumer DiscretionaryEquity1.50%
ICICI Lombard General Insurance Company LtdFinancialEquity1.49%
Maruti Suzuki India LtdConsumer DiscretionaryEquity1.43%
Tata Motors LtdConsumer DiscretionaryEquity1.41%
Infosys LtdTechnologyEquity1.29%
Delhivery LtdIndustrialsEquity1.25%
Bajaj Auto LtdConsumer DiscretionaryEquity1.22%
Sanofi Consumer Healthcare India LtdHealthcareEquity1.21%
Timken India LtdIndustrialsEquity1.19%
Rainbow Childrens Medicare LtdHealthcareEquity1.08%
Jubilant FoodWorks LtdConsumer DiscretionaryEquity1.07%
Restaurant Brands Asia LtdConsumer DiscretionaryEquity1.03%
KFin Technologies LtdFinancialEquity0.99%
Niva Bupa Health Insurance Company Ltd.FinancialEquity0.94%
Kaynes Technology India LtdIndustrialsEquity0.92%
Kansai Nerolac Paints LtdMaterialsEquity0.90%
Max Financial Services LtdFinancialEquity0.80%
SBI Cards & Payments Services LtdFinancialEquity0.80%
GE T&D India LtdIndustrialsEquity0.79%
TBO Tek Ltd.Consumer DiscretionaryEquity0.73%
Divi's Laboratories LtdHealthcareEquity0.71%
eMudhra LtdFinancialEquity0.71%
Bharat Dynamics LtdIndustrialsEquity0.59%
Sanofi India LtdHealthcareEquity0.57%
JSW Energy LtdEnergy & UtilitiesEquity0.55%
Meesho Ltd.Consumer DiscretionaryEquity0.53%
Craftsman Automation LtdConsumer DiscretionaryEquity0.49%
Sapphire Foods India LtdConsumer DiscretionaryEquity0.47%
Urban Company Ltd.Consumer StaplesEquity0.02%
Others Mrgn MoneyUnspecifiedMargin Money0.01%
Net PayablesUnspecifiedNet Payables-0.17%
See All

Minimum investments

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

Returns and rankings

Annualised returns
Absolute returns
Name3M6M1YAll
Fund returns+9.5%+4.5%+2.4%+46.3%
Category average (Equity Thematic)-----1.5%--
Rank (Equity Thematic)1076--

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

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%.
Check past data

Fund management

VS
Vinay Sharma
Aug 2023 - Present
View details

Education
Mr. Sharma is B.Arch & PGDCM
Experience
Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential AMC, Kotak Mahindra Mutual Fund, J.P. Morgan India Pvt. Ltd. and UTI Bank.

AS
Amber Singhania
Mar 2026 - Present
View details

Education
MMS Finance (Mumbai University)
Experience
Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
Also manages these schemes

KD
Kinjal Desai
Aug 2023 - Present
View details

Education
Ms. Desai has done B.A (Economics), MSc. (Economics) and has cleared CFA Level 1
Experience
She has been working with Nippon India Mutual Fund since year, 2012
Also manages these schemes

RP
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

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 ₹7,57,200 Cr and the Latest NAV as of 16 Jul 2026 is ₹14.54. The Nippon India Innovation Fund 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. ;

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₹7,57,199.84 Cr
Date of Incorporation30 Jun 1995
Phone+91 022 6808 7000
E-mail--
Launch Date30 Jun 1995
Address30th Floor, One Lodha PlaceSenapati Bapat Marg, Lower ParelMumbai Mumbai 400013
CustodianDeutsche Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,