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Fund Facts
  • Name of Fund:
    Nippon India Innovation
  • Opening:
    9th August 2023
  • Closing:
    23rd August 2023
  • Scheme Type:
    Open Ended Equity Sectoral/ Thematic
  • Minimum Investment:
    Rs. 500 & in multiples of Re. 1 thereafter
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Not Applicable
  • Exit Road:
    1% if redeemed or switched out on or before 1 year from the date of allotment
  • Thereafter:

Fund Stats


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

  • Benchmark:

  • NIFTY 500

  • Fund Manager:

  • Vinay Sharma, Kinjal Desai

Asset Allocation

80-100% Equity
upto 20% Money Market
Comparable existing schemes
CICI Prudential Innovation Fund 1.59(1M) 14.78(3M)
Not Available Not Available Not Available

Fund Prognosis

Idea Distiller

Imagine buying into Twitter or Facebook when they listed. Innovation leads to differentiation leading to great profits.

  • Fund House AAUM:

  • Rs. 31585426.33 Lakhs (as on 30th June 2023)

  • Fund Manager:

  • Combined experience of above 19 years

Scheme DNA 4 fundamentals

  • RISK

OOMP Factor

It is a high risk-high returns strategy. Invest if you want to be in such aggressive deals but an interesting segment nevertheless.