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Nippon India Innovation Fund

An open ended equity scheme investing in innovation theme

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This product is suitable for investors who are seeking*:

  • long term capital growth
  • Investment in equity and equity related securities of companies adopting innovation theme.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Fund Riskometer

Nippon India Innovation Fund

Benchmark Riskometer

Nifty 500 TRI

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  • Investment 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.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (20 Feb 2024)11.7185


​Performance of Nippon India Innovation Fund as on 31​/08/2023
Particulars1 Year CAGR %3 Year CAGR %​5 Year CAGR %Since Inception
Since the fund has not completed six months, the scheme performance has not been provided. ​



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Fund Details

  • Inception Date29 Aug 2023
  • Fund ManagerMr. Vinay Sharma
Current Investment Philosophy
    • The Fund seeks to provide long term capital appreciation to investors by primarily investing in equities of companies seeking to benefit from innovation.
    • The fund will follow a high conviction approach and focus on high quality-high growth businesses driving transformation across sectors.
Minimum Investment
500.00

    and in multiples of Re.1 thereafter

    Note - For investments made by designated employees in terms of SEBI circular dated April 28, 2021 and September 20, 2021, requirement for minimum application / redemption amount will not be applicable.

Fund Manager
Load Details

Entry Load*

Not Applicable*

n terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load**:

1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.

Nil, thereafter

Exit load levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date.

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • long term capital growth
  • Investment in equity and equity related securities of companies adopting innovation theme.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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