← Nippon India Mutual Fund
Nippon India Innovation Fund-Direct Plan-Growth Option
Open Ended Schemes(Equity Scheme - Sectoral/ Thematic)Very High RiskISIN INF204KC1BO3
NAV · 06-Jul-2026
₹15.0847
1M
+4.56%
6M
+0.73%
1Y (CAGR)
+4.04%
3Y (CAGR)
—
5Y (CAGR)
—
Since inception (CAGR)
+15.17%
NAV history
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Risk & SIP analytics
Volatility (3y)
14.29%
Downside dev (3y)
10.91%
Max drawdown (3y)
-21.5%
Calendar-year returns
2024 +21.9%2025 +6.8%
Fund facts
Fund managerVinay Sharma · Kinjal Desai · Rishit Parikh · Amber Singhania
AUM₹28,359 Cr
Expense ratio0.61% · 2026-05-31
TER · AMFI officialDirect 0.87% · Regular 2.08% (2026-06-30)
Launch date09-Aug-2023
Plan typeOpen Ended · Equity
Min lumpsum₹500
Min SIP₹100
Lock-inNone
Volatility14.27
AMCNippon Life India Asset Management Limited
Objective · The investment objective of Nippon India Innovation Fund is 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.
scheme documents ↗