Compiled by Rupeestop LLP, SEBI RIA INA000022701. NAV as on 18 Aug 2026. Factsheet Jun 2026. About · Disclosures
Nippon India Innovation Fund Direct Plan Growth
Nippon India Mutual FundThematic InnovationDirectGrowthVery high risk
NAV
₹15.8275
As on 18 Aug 2026
Vs category
| Period | This fund | Category | Rank |
|---|---|---|---|
| 1 year | +7.05% | — | — |
| 3 year | +16.70% | — | — |
| 5 year | +16.70% | — | — |
Returns
From NAVs through 18 Aug 2026
1Y
+7.05%
Total
3Y
+16.70%
p.a.
5Y
+16.70%
p.a.
SI
+16.70%
p.a.
Calendar years
+13.59%2023
+21.85%2024
+6.82%2025
+7.05%2026 YTD
Rolling 1-year · 24 overlapping windows
-0.46%avg +12.32%+48.89%
Fund facts
Fund details from the Jun 2026 factsheet
Fund size
₹2,917.9 Cr
Expense ratio
0.61%
Exit load
None
Lock-in
None
BenchmarkNIFTY 500 TRI
Launched27 Aug 2023
Risk levelVery high
StructureOpen Ended
ISININF204KC1BO3
Where the money is invested
Split by asset type.
By asset type
Equity97.74%
Cash2.26%
What the fund holds
59 holdings · portfolio as on 30 May 2026
- 4.86%Samvardhana Motherson International LtdConsumer Cyclical
- 4.21%Eternal LtdConsumer Cyclical
- 4.19%Varun Beverages LtdConsumer Defensive
- 3.92%Trent LtdConsumer Cyclical
- 3.9%Info Edge (India) LtdCommunication Services
- 3.65%ZF Commercial Vehicle Control Systems India LtdConsumer Cyclical
- 3.32%3M India LtdIndustrials
- 3.17%Avenue Supermarts LtdConsumer Defensive
- 2.93%FSN E-Commerce Ventures LtdConsumer Cyclical
- 2.91%Swiggy LtdConsumer Cyclical
Concentration
Top 5 weight
21.08%
Top 10 weight
37.07%
Avg turnover
85.21%
Risk and quality measures
How steady the returns have been.
Return quality
Sharpe
-0.08
Return per unit of total risk
Information ratio
0.78
Consistency of outperformance
Risk
Std deviation
19.24%
How much returns swing
Who manages this fund
4 fund managers
- LMLokesh Maru0.5 years in the industryRuns 43 schemes
- VSVinay Sharma12.1 years in the industryRuns 10 schemes
- DDDivya Dutt Sharma0.5 years in the industryRuns 43 schemes
- RPRishit Parikh1.5 years in the industryRuns 2 schemes
Other Thematic Innovation funds
HDFC Innovation FunddirectCompare
Tata India Innovation Fund Direct Plan GrowthdirectCompare
Mahindra Manulife Innovation Opportunities FunddirectCompare
Motilal Oswal Innovation Opportunities Fund - Direct Plan - GrowthdirectCompare- HDFC Innovation FunddirectCompare
- HDFC Innovation FunddirectCompare
- Mahindra Manulife Innovation Opportunities FunddirectCompare
- Mahindra Manulife Innovation Opportunities FunddirectCompare
SIP illustration
Rate
+16.70%
Invested
₹6,00,000
Illustrated
₹15,48,603
₹5,000/mo × 10 years at this fund's 3Y CAGR. Illustration, not a forecast. SIP calculator
Other versions
- regularGrowthNippon India Innovation Fund Regular Plan GrowthNAV ₹14.5295
- directIDCWNippon India Innovation Fund Direct Plan IDCW ReinvestmentNAV ₹14.9742
- regularIDCWNippon India Innovation Fund Regular Plan IDCW PayoutNAV ₹14.5295
FAQ
What is Nippon India Innovation Fund Direct Plan Growth NAV today?
- The latest NAV of Nippon India Innovation Fund Direct Plan Growth is ₹15.8275 as on 18 Aug 2026.
How has Nippon India Innovation Fund Direct Plan Growth performed vs its category?
- 1-year return +7.05%. Past performance does not guarantee future returns.
What are the returns of Nippon India Innovation Fund Direct Plan Growth?
- Trailing returns from published NAVs: 1 year +7.05%, 3 year +16.70% a year, 5 year +16.70% a year, since our first NAV +16.70% a year. Past performance does not guarantee future returns.
How would a SIP in Nippon India Innovation Fund Direct Plan Growth have been illustrated?
- The SIP illustration on this page uses ₹5,000 a month for 10 years at this fund's 3-year annualised return of +16.70%. It is not a forecast.
What is the expense ratio and fund size of Nippon India Innovation Fund Direct Plan Growth?
- For Nippon India Innovation Fund Direct Plan Growth, the expense ratio is 0.61% and fund size (AUM) is ₹2,917.9 Cr.
What is the ISIN of Nippon India Innovation Fund Direct Plan Growth?
- The ISIN for Nippon India Innovation Fund Direct Plan Growth is INF204KC1BO3.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully before investing. Past performance does not guarantee future returns and is not an indicator of future results.
Figures on this page come from published NAVs and the scheme's monthly factsheet. They are for information only and are not investment advice or a recommendation to buy or sell any scheme.