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OmniAsset › Mutual funds › Nippon India Innovation Fund

Nippon India Innovation Fund

Sectoral / Thematic fund benchmarked to Nifty 500 TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202615.6765
CategorySectoral / Thematic
PlanDirect · Growth
Launched9 Aug 2023
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty 500 TRI
Expense ratiodirect plan, a year · stated maximum, from the scheme document0.85%
AUM₹291 Cr
Growth of ₹10,000₹15,5441 Sep 2023 to 2 Sep 2026
₹15,764₹14,299₹12,835₹11,371₹9,907Sep 2023May 2024Mar 2025Dec 2025Sep 2026
₹15,544 (+15.8% a year) Nippon India Innovation Fund

Performance (trailing, annualised)

1Y annualised5.20%
3Y annualised15.82%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,29,16714.41%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,25,48311.15%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202421.85%
Calendar 20256.82%

Rolling returns

Rolling 1Y · average104 windows since 3 Sep 202411.21%
Rolling 1Y · median6.81%
Rolling 1Y · worst window-3.03%
Rolling 1Y · best window51.14%
Rolling 1Y · windows positive96%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)14.13%
Downside deviation (3Y)10.06%
Maximum drawdown-21.47%

Management

Fund managerVinay Sharma, Rishit Parikh
Managing since2 Sep 2026

What it holds

SecurityWeight
Eternal Limited4.8%
Info Edge (India) Limited4.6%
Trent Limited4.0%
Varun Beverages Limited3.5%
3M India Limited3.3%
Swiggy Limited3.2%
ZF Commercial Vehicle Control Systems India Limited3.2%
Samvardhana Motherson International Limited3.0%
Bajaj Finserv Limited2.9%
FSN E-Commerce Ventures Limited2.6%
SectorWeight
Retailing22.4%
Auto Components8.6%
Electrical Equipment6.2%
Pharmaceuticals & Biotechnology5.1%
Banks4.9%

Portfolio disclosed: 99.0% by weight.

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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