• Open Account

Nippon India Innovation Fund - Direct (IDCW)

Sectoral / Thematic • OPEN
NAV as of May 13, 2026
₹14.03
1 day change
Returns since inception
13.54%
CAGR
AUM (Fund size)
₹2,778 Cr
NAV: ₹ 14.03
as on May 13, 2026
Nippon India Innovation Fund - Direct (IDCW)

Nippon India Innovation Fund - Direct (IDCW) Overview

AUM (Fund size) ₹ 2,778 Cr
Expense ratio 1.24 %
Exit load 1.00% - If redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil - If redeemed or switched out after the completion of 1 year from the date of allotment of units.
Plan type Direct Fund
Risk Very High
Lock-in Period Nil
Benchmark Nifty 500 TRI
Min. investment SIP: ₹100    Lumpsum: ₹500
Age 2 yrs 9 m since Aug 09, 2023
Tax implication STCG Tax: 15% if redeemed before 1 Year, LTCG Tax: 10% without indexation benefit exceeding Rs. 1 lakh post 1 Year

Holdings Distribution

Retailing
21.27%
Auto Components
10.06%
Electrical Equipments
7.95%
Banks
5.68%
Finance
5.07%

Top Holdings

Info Edg.(India) 4.40%
Samvardh. Mothe. 4.06%
Avenue Super. 3.99%
ZF Commercial 3.97%
Delhivery 3.61%
3M India 3.54%
Trent 3.54%
Varun Beverages 3.53%
Eternal 3.53%
Siemens Ener.Ind 3.19%

Scheme Information

Nippon India Innovation Fund - Direct (IDCW) was launched on 09/08/2023. The fund manages ₹2,778 Cr in assets. Its current expense ratio is 1.24%.

Fund Manager: Vinay Sharma

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FAQs on Nippon India Innovation Fund - Direct (IDCW)

The current expense ratio of Nippon India Innovation Fund - Direct (IDCW) is 1.24%.

The AUM of Nippon India Innovation Fund - Direct (IDCW) is ₹2,778 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, Nippon India Innovation Fund - Direct (IDCW) allows both SIP and lump sum investments.

The latest NAV is ₹14.03.

Minimum SIP starts from ₹100.

Redemption can be done via AMC website or your investment platform.

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