Nippon India Innovation Fund - Direct (G) logo

Nippon India Innovation Fund Direct Growth

NAV ₹15.05 as on 17 Nov 2025

RiskVery High

Fund Size₹2,860.51Cr

NAV₹15.05 as on 17 Nov 2025
RiskVery High
Fund Size₹2,860.51Cr

Download 3-in-1 Torus App
Trade at flat ₹11/order & Zero AMC
demat with one powerful SuperApp.

Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹500

Min Withdrawal Amount

₹-

Min SIP Amount

₹100

Min Additional Amount

₹100

Exit Load

1.00% - If redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil - If redeemed or switched out after the completion of 1 year from the date of allotment of units.

Basic Details

Age

2 years 3 months (Since Aug 28, 2023)

Return since Launch

20.18%

Expense ratio

0.62%

Type

OPEN

AUM (Fund Size)

₹2,860.51

Risk Grade

Very High

Benchmark

Nifty 500 TRI

Calculate Your Returns
Select Duration
Choose Amount
Returns
Total investment of ₹2,40,000
Would have become ₹61,949 (+209.74%)
Fund Manager

Name:

Vinay Sharma

Experience:

Prior to joining Reliance Mutual Fund (April 2018 till date) he was associated with ICICI Prudential AMC in 2012 he has worked with AIG Global Asset Managment India Ltd. and J.P.Morgan India Pvt.Ltd.

Scheme Holding Summary

E-Commerce/App based Aggregator

Retail

Trent Ltd

3.50%

Finance

FMCG

Diversified

Auto Ancillaries

Logistics

Banks

Healthcare

Plantation & Plantation Products

Debt Others

Clearing Corporation of India Ltd

0.02%

Refineries

Automobile

Power Generation & Distribution

Quick Service Restaurant

Telecom Equipment & Infra Services

Capital Goods - Electrical Equipment

Capital Goods-Non Electrical Equipment

Pharmaceuticals

Bearings

Miscellaneous

IT - Software

Electronics

Trading

Consumer Durables

Agro Chemicals

See All
RiskometerLevel of risk in the scheme
Moderate
High
Low
Very
High

Your investment will be at Very High Risk

Fund house & investment objective
Rank (total assets)#4 in India
Total AUM₹6,63,683.96Cr
Date of Incorporation24 Feb 1995
Nippon India Innovation Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 28 Aug 2023. The fund currently has an Asset Under Management(AUM) of ₹6,63,683.96 Cr and the Latest NAV as of 17 Nov 2025 is ₹15.05.
The Nippon India Innovation Fund Direct Growth is rated Very High. Minimum SIP Investment is set to ₹100 . Minimum Lumpsum Investment is ₹500. Exit load of 1.00% - If redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil - If redeemed or switched out after the completion of 1 year from the date of allotment of units..
...Read more
Returns and Rankings

Category: Equity Sectoral / Thematic

1Y3Y5YAll
Fund returns10.10%--9.63%
Category average8.02%6.14%3.98%-
Rank within category7111995-

FAQ’s

What kind of returns does Nippon India Innovation Fund Direct Growth provide?

Nippon India Innovation Fund Direct Growth has given a return of NA% in the past 3 years.

What is the expense ratio charged by Nippon India Innovation Fund Direct Growth?

The Expense Ratio charged by Nippon India Innovation Fund Direct Growth is 0.62%.

What is the AUM size of Nippon India Innovation Fund Direct Growth?

The AUM size of Nippon India Innovation Fund Direct Growth is ₹2,860.51Cr.

What is the minimum SIP amount that you can invest in Nippon India Innovation Fund Direct Growth?

₹100 is the minimum SIP amount that you can invest in Nippon India Innovation Fund Direct Growth .

What are the top stock holdings of Nippon India Innovation Fund Direct Growth?

The top stock holdings of Nippon India Innovation Fund Direct Growth include , Info Edge (India) Ltd , Eternal Ltd , Swiggy Ltd and FSN E-Commerce Ventures Ltd.

Get started with us today and
start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.

Get started with us today and
start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.