Nippon India Innovation Fund-Regular Plan-IDCW Option
Category: Equity: Thematic-Others
Launch Date: 29-08-2023
AUM:
₹ 2,691.34 Cr
Expense Ratio
1.96%
Benchmark
NIFTY 500 TRI
ISIN
INF204KC1BM7
Minimum Investment
500.0
Minimum Topup
100.0
Minimum SIP Amount
100
Fund Manager
Vinay Sharma, Rishit Parikh
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Nippon India Innovation Fund-Regular Plan-IDCW Option | -1.2 | - | - |
| NIFTY 500 TRI | -2.55 | 16.27 | 21.42 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
14.1906
Last change
-0.1 (-0.7287%)
Fund Size (AUM)
₹ 2,691.34 Cr
Performance
19.5% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
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 Manager
Vinay Sharma, Rishit Parikh
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| BAJAJ FINSERV LIMITED EQ NEW FV RE.1/- | 4.27 |
| AVENUE SUPERMARTS LIMITED EQ | 4.17 |
| EQ - INFO-EDGE (INDIA) LTD. | 3.87 |
| 3M INDIA LIMITED EQ | 3.83 |
| Siemens Energy India Limited | 3.72 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 3.63 |
| ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LIMITED EQ | 3.51 |
| ZOMATO LIMITED EQ | 3.29 |
| BUNDL TECHNOLOGIES PRIVATE LIMITED EQ | 3.12 |
| Triparty Repo | 3.06 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Consumer Services | 22.02 |
| Financial Services | 21.68 |
| Automobile and Auto Components | 15.56 |
| Capital Goods | 12.0 |
| Healthcare | 7.46 |
| Diversified | 3.83 |
| Fast Moving Consumer Goods | 3.82 |
| Information Technology | 3.46 |
| Services | 3.02 |
| Oil, Gas & Consumable Fuels | 1.85 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Nippon India Innovation Fund Reg IDCW | 0.0 |
| Sundaram Services Reg Gr | 25.1 |
| ICICI Pru India Opportunities Cum | 30.66 |
| ICICI Pru Exports & Services Gr | 24.2 |
| ICICI Prudential Housing Opportunities Fund Gr | 0.0 |
| Edelweiss Recently Listed IPO Fund Reg Gr | 20.52 |
| Franklin India Opportunities Gr | 29.54 |
| ICICI Pru Commodities Gr | 33.09 |
| HDFC Defence Fund Gr | 0.0 |
| SBI COMMA Fund Reg PLAN Gr | 21.39 |