November 14, 2025
RA Jainee
Nippon India Innovation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 15.0741
NAV IDCW: Rs 15.0741
Suitable For Which Investors?
Innovation funds are suitable for investors:
1. Seeking exposure in a diversified set of stocks with a focus on innovation theme for high returns
2. Aiming for long term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
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 Manager:
1) Vinay Sharma
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.
2) Rishit Parikh
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
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 60 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 1 year |
Basic Details of Nippon India Innovation Fund
| Fund House | Nippon India Mutual Fund |
| Launch Date | 29-Aug-23 |
| Return Since Launch | 20.65% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,801 Cr |
| (As on 30-Sep-2025) | |
| Expense | 0.62% |
| (As on 31-Oct-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 37.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon India Innovation Dir | 8.91 | 0.34 | 1.39 | 3.03 | 13.49 | 7.48 | — | — | — | — |
| BSE 500 TRI | 6.69 | -0.56 | 2.81 | 3.78 | 8.20 | 5.93 | — | — | — | — |
| Equity: Thematic-Innovation | 3.88 | -0.37 | 2.39 | 4.70 | 14.85 | 7.05 | — | — | — | — |
| Rank within category | 3 | 2 | 10 | 12 | 7 | 5 | — | — | — | — |
| Number of funds in category | 10 | 12 | 12 | 12 | 11 | 9 | 2 | 1 | 0 | 0 |
Peer Comparison of Nippon India Innovation Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Nippon India Innovation Dir | Unrated | 7.48 | — | — | 0.62 | 2,801 | 20.65 | 1.00 (365) | 2Y 2M | 37.00 |
| ICICI Pru Innovation Dir | Unrated | 10.59 | — | — | 0.67 | 7,133 | 30.67 | 1.00 (365) | 2Y 6M | 110.00 |
| SBI Innovative Opportunities Dir | Unrated | 3.44 | — | — | 0.89 | 6,858 | 0.19 | 1.00 (30) | 1Y 2M | 70.00 |
| Kotak Pioneer Dir | Unrated | 12.39 | 24.87 | 25.13 | 0.48 | 3,148 | 23.64 | 0.50 (90) | 6Y | 19.85 |
| HDFC Innovation Dir | Unrated | — | — | — | 0.71 | 2,595 | 4.78 | 1.00 (30) | 3M | — |
Portfolio Analysis of Nippon India Innovation Fund
| No. of Stocks | 44 |
| Top 10 Stocks | 38.68% |
| Top 5 Stocks | 21.60% |
| Top 3 Sectors | 55.10% |
| Portfolio P/B Ratio | 4.91 |
| Portfolio P/E Ratio | 41.37 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 93,067 | 83,298 |
| Giant (%) | 35.91 | 30.48 |
| Large (%) | 30.26 | 24.68 |
| Mid (%) | 26.13 | 31.21 |
| Small (%) | 7.70 | 13.59 |
| Tiny (%) | — | 0.24 |
Chanakya’s Mutual Fund Guidance For Nippon India Innovation Fund
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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