Mutual Fund Research

Nippon India Innovation Fund-Reg(G)

As on Sep-17-2024 change fund
14.91  up-0.04 (-0.28%)

fund 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 innovation, research and development, new product development or new platforms to enhance their business and gain share in their respective sectors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

riskometer

Investors understand that their principal will be at very high risk

5-Years History
financial year2023-2024
NAV in Rs (as on 31-Mar-2024)11.94
Net Assets(Rs Crores) (as on 31-Mar-2024) 1354.69
Scheme Returns(%)(Absolute)19.35
B'mark Returns(%)(Absolute)NA
Category Rank68/82
Quarterly performance - Last 5 years (Absolute Ret. in %)
financial year Q1 Q2 Q3 Q4
2024-202517.37NANANA
2023-2024NANA10.985.56
Top 10 holdings
company (%)
Bajaj Finserv Ltd.4.56 
3M India Ltd.3.83 
Info Edge (India) Ltd.3.58 
Affle (India) Ltd.3.28 
Syngene International Ltd.3.19 
ICICI Bank Ltd.3.15 
Axis Bank Ltd.3.09 
HDFC Bank Ltd.3.05 
Jubilant FoodWorks Ltd.3.03 
Kotak Mahindra Bank Ltd.3.03 

Category

Thematic Fund

Launch Date

28-Aug-23

Scheme Benchmark

BSE SENSEX - TRI

AUM ( in Cr.)

2,146.24

portfolio price to book value

10.06

investing style?

Large Growth

fund manager?

Vinay Sharma,Rishit Parikh

inception date (regular plan)

28-Aug-23

expense ratio (regular plan) %

2.03

Top 10 sectors
sectors (%)
Bank - Private14.62
BPO/ITeS8.62
e-Commerce5.85
Auto Ancillary5.58
Automobile Two & Three Wheelers5.52
Finance - Investment4.56
Consumer Food4.21
Diversified3.83
Business Support3.19
Courier Services2.93

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

to go
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performance comparision with similar schemes and benchmark
scheme name investment style inception date AUM in Cr. 1Y(%) 3Y(%) 5Y(%) 10Y(%) since inception
Nippon India Innovation Fund-Reg(G)Large-Growth 28-Aug-20232,146.2444.91NANANA45.91
Aditya Birla SL PSU Equity Fund-Reg(G)Large-Blend 30-Dec-20195,945.6062.6636.96NANA30.74
Invesco India PSU Equity Fund(G)Large-Growth 18-Nov-20091,593.4169.2934.7731.0618.1213.55
Quant Quantamental Fund-Reg(G)Large-Growth 30-Apr-20212,702.1849.8731.89NANA31.57
UTI Transportation & Logistics Fund-Reg(G)Large-Growth 16-Apr-20043,843.1051.2631.2327.7314.2417.72
Franklin India Opportunities Fund(G)Large-Growth 21-Feb-20005,381.3766.6328.9830.8918.1414.15
ICICI Pru India Opp Fund(G)Large-Growth 15-Jan-201923,840.5041.6728.0229.71NA25.10
HSBC Business Cycles Fund-Reg(G)Large-Growth 20-Aug-2014976.9351.6325.3725.5815.7215.89
Nippon India Quant Fund(G)Large-Growth 18-Apr-200882.7544.2621.8324.5914.1412.78
Kotak Pioneer Fund-Reg(G)Large-Growth 25-Oct-20192,719.6644.1418.61NANA25.91
Taurus Ethical Fund-Reg(G)Large-Growth 20-Mar-2009240.2638.4217.4023.3514.4218.55
Tata Ethical Fund-Reg(G)Large-Growth 24-May-19963,231.7533.6015.4523.5114.5316.48
Quantum ESG Best In Class Strategy Fund-Reg(G)Large-Growth 12-Jul-201991.3131.8513.8021.19NA19.73
DSP Quant Fund-Reg(G)Large-Growth 10-Jun-20191,121.4128.419.4519.13NA16.95
360 ONE Quant Fund-Reg(G)Large-Growth 29-Nov-2021494.8558.46NANANA28.83
Mahindra Manulife Business Cycle Fund-Reg(G)Large-Growth 11-Sep-20231,146.4756.49NANANA56.04
Samco Active Momentum Fund-Reg(G)Large-Growth 05-Jul-2023891.7044.83NANANA40.91
Union Innovation & Opp Fund-Reg(G)Large-Growth 06-Sep-2023824.3144.40NANANA42.72
Canara Rob Manufacturing Fund-Reg(G)Large-Growth 11-Mar-20241,677.53NANANANA30.10
Baroda BNP Paribas Manufacturing Fund-Reg(G)Large-Growth 28-Jun-20241,517.54NANANANA0.99
HDFC Manufacturing Fund-Reg(G)Large-Growth 16-May-202413,278.18NANANANA10.89
SBI Innovative Opportunities Fund-Reg(G)Large-Growth 20-Aug-20247,836.76NANANANA2.72
Axis India Manufacturing Fund-Reg(G)Large-Growth 21-Dec-20236,375.52NANANANA45.50
Edelweiss Business Cycle Fund-Reg(G)Large-Growth 29-Jul-20241,878.67NANANANA1.90
Sundaram Business Cycle Fund-Reg(G)Large-Growth 25-Jun-20241,404.30NANANANA8.92
Bandhan Innovation Fund-Reg(G)Large-Growth 30-Apr-20241,135.27NANANANA26.52
WOC Special Opp Fund-Reg(G)Large-Growth 04-Jun-2024520.26NANANANA24.36
Motilal Oswal Business Cycle Fund-Reg(G)Large-Growth 27-Aug-2024783.31NANANANA12.12
Bank of India Business Cycle Fund-Reg(G)Large-Value 30-Aug-2024563.17NANANANA0.60
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