IndiPe
Nippon India Mutual Fund logo

Nippon India Innovation Fund-Reg(G)

Nippon India Mutual Fund

  • Equity
  • Thematic Fund
  • Very High Risk

Performance Chart

Fund Overview

Assets Under Management (AUM)
₹2,835.99 Cr
Expense Ratio
1.68%
Riskometer
Very High
Category
Thematic Fund
Asset Type
Equity
Benchmark
BSE SENSEX - TRI
SIP
Available
Switch
Available
Inception Date
8 Aug 2023
ISIN
INF204KC1BL9
Scheme Code
ITGP
Fund Scheme ID
36434

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Performance & Returns

Calculate SIP Returns

Returns by period

PeriodTrailing ReturnAbsolute ReturnAnnualised ReturnCAGR
1 Month-0.18%-0.18%-2.16%0.86%
3 Months8.10%8.10%32.13%38.04%
6 Months13.45%13.45%26.69%23.89%
1 Year3.69%3.69%3.69%3.16%
3 Years14.14%48.75%16.23%14.26%
Since Inception14.45%50.38%16.67%14.52%

Past performance is not indicative of future returns.

Portfolio

Asset Allocation

100.00%

  • Domestic Equities97.74%
  • Cash & Cash Equivalents and Net Assets2.26%

Top Sectors

  • Retailing17.14%
  • Automobile & Ancillaries16.46%
  • Capital Goods11.62%
  • IT10.88%
  • Healthcare7.25%
  • FMCG5.80%
  • Bank5.27%
  • Finance3.85%

Holdings

Overview of fund allocations across sectors and securities

  • Retailing

    Value

    ₹486.09 Cr

    Weightage

    17.14%

  • Automobile & Ancillaries

    Value

    ₹466.80 Cr

    Weightage

    16.46%

  • Capital Goods

    Value

    ₹329.54 Cr

    Weightage

    11.62%

  • IT

    Value

    ₹308.56 Cr

    Weightage

    10.88%

  • Healthcare

    Value

    ₹205.61 Cr

    Weightage

    7.25%

  • FMCG

    Value

    ₹164.49 Cr

    Weightage

    5.80%

  • Bank

    Value

    ₹149.46 Cr

    Weightage

    5.27%

  • Finance

    Value

    ₹109.19 Cr

    Weightage

    3.85%

  • Consumer Durables

    Value

    ₹94.72 Cr

    Weightage

    3.34%

  • Diversified

    Value

    ₹94.15 Cr

    Weightage

    3.32%

  • Business Services

    Value

    ₹86.78 Cr

    Weightage

    3.06%

  • Insurance

    Value

    ₹72.03 Cr

    Weightage

    2.54%

  • Miscellaneous

    Value

    ₹70.90 Cr

    Weightage

    2.50%

  • Trading

    Value

    ₹49.35 Cr

    Weightage

    1.74%

  • Logistics

    Value

    ₹48.50 Cr

    Weightage

    1.71%

  • Hospitality

    Value

    ₹44.53 Cr

    Weightage

    1.57%

  • Electricals

    Value

    ₹26.94 Cr

    Weightage

    0.95%

  • Aviation

    Value

    ₹26.37 Cr

    Weightage

    0.93%

  • Chemicals

    Value

    ₹8.22 Cr

    Weightage

    0.29%

About

Fund Manager(s)

Mr. Vinay Sharma, Mr. Rishit Parikh

Launch Date

8 Aug 2023

Benchmark

BSE SENSEX - TRI

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

LOWLOW TOMODERATEMODERATEMODERATELYHIGHHIGH

The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.

Exit Load, Stamp Duty and Tax Implication

Exit load
1% on or before 1Y, Nil after 1Y
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
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