Nippon India Innovation Fund
NAV
₹15.92
as of 21 Aug 2026
Nippon India Innovation Fund is an open-ended Sectoral/ Thematic scheme from Nippon India Mutual Fund managing ₹2,979 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹15.92 as of 21 Aug 2026. The expense ratio is 0.6% a year. Managed by Vinay Sharma. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.6% / yr
- as of 30 Jun 2026
- Fund size
- ₹2,979 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 28 Aug 2023
- ISIN
- INF204KC1BO3
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty 500 TRI
Nippon India Innovation Fund
₹159
+59% on ₹100 over 3.0 yrs
Sectoral/ Thematic average
₹168
+68% on ₹100 over 3.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 10.57% | – | – |
| 6 months | 10.47% | – | – |
| 1 year | 5.57% | – | – |
| 3 years (CAGR) | 16.91% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -2.5%
- Median
- 6.8%
- Best
- 49.1%
25 windows over the last 36 months, stepped monthly; 96% ended positive. Worst window began 1 Oct 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 16.1%
- Median
- 16.1%
- Best
- 16.1%
1 windows over the last 36 months, stepped monthly; 100% ended positive. Worst window began 28 Aug 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Right now
At a peak
Where the money actually is
Equity
99.0%
Cash
1.0%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
60 positions · top 10 = 35.3%
Market-cap mix
Large 42.0%Mid 30.2%Small 26.8%Other 1.0%
as of 31 Jul 2026
Holdings by sector
Consumer Cyclical(6 in top 10)31.6%
- Eternal Ltd4.84%
- Trent Ltd3.98%
- Swiggy Ltd3.25%
- ZF Commercial Vehicle Control Systems India Ltd3.23%
- Samvardhana Motherson International Ltd3.02%
- FSN E-Commerce Ventures Ltd2.65%
Industrials(1 in top 10)15.8%
- 3M India Ltd3.34%
Financial Services(1 in top 10)13.2%
- Bajaj Finserv Ltd2.93%
- Technology12.5%
- Healthcare9.8%
Consumer Defensive(1 in top 10)7.9%
- Varun Beverages Ltd3.49%
Communication Services(1 in top 10)4.6%
- Info Edge (India) Ltd4.58%
- Utilities2.9%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 25.6% a year.
The businesses it owns
- P/E (trailing)
- 27.4
- P/B
- 5.7
- Dividend yield
- 0.6%
- Net margin
- 11.4%
- Earnings growth
- 15.1%
- Avg market cap
- ₹87,744 crore
Money in, money out
- Net flow, 12 months
- +₹170 cr
- Net flow, 3 months
- +₹13 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Nippon India Innovation Fund?
- ₹15.92 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Nippon India Innovation Fund?
- 0.6% a year for the Direct plan, as of 30 Jun 2026.
- How large is Nippon India Innovation Fund?
- ₹2,979 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is Nippon India Innovation Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- What is the worst 3-year return of Nippon India Innovation Fund?
- 16.1% a year — the weakest of 1 overlapping 3-year holding periods, beginning 28 Aug 2023. The median was 16.1% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Nippon India Innovation Fund?
- Vinay Sharma, managing this fund for 2.9 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- Nippon India Pharma Fund₹9,279 crore
- Nippon India Power & Infra Fund₹8,042 crore
- Quant Infrastructure Fund₹3,146 crore
- SBI Quant Fund₹3,045 crore
- HDFC INNOVATION FUND₹2,970 crore
- SBI CONSUMPTION OPPORTUNITIES FUND₹2,959 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty 500 TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.