Nippon India Innovation Fund
NAV
₹15.07
as of 6 Oct 2026
Nippon India Innovation Fund is an open-ended Sectoral/ Thematic scheme from Nippon India Mutual Fund managing ₹3,108 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹15.07 as of 6 Oct 2026. The expense ratio is 0.85% a year. Managed by Vinay Sharma. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.85% / yr
- as of 31 Aug 2026
- Fund size
- ₹3,108 crore
- as of 31 Aug 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 5 Oct 2026Benchmark: Nifty 500 TRI
Nippon India Innovation Fund
₹148
+48% on ₹100 over 3.1 yrs
Sectoral/ Thematic average
₹166
+66% on ₹100 over 3.1 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -2.05% | – | – |
| 6 months | 8.09% | – | – |
| 1 year | -1.48% | – | – |
| 3 years (CAGR) | 13.08% | – | – |
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%
27 windows over the last 38 months, stepped monthly; 93% 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
- 13.0%
- Median
- 16.0%
- Best
- 16.1%
3 windows over the last 38 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.65
- Sortino ratio (3Y)
- 0.97
- Standard deviation (3Y)
- 16.46%
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.
Deepest fall
-20.4%
Right now
-7.2% below peak
Where the money actually is
Equity
98.7%
Cash
1.3%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
63 positions · top 10 = 33.7%
Market-cap mix
Large 39.7%Mid 32.4%Small 24.6%Other 3.3%
as of 31 Aug 2026
Holdings by sector
Consumer Cyclical(6 in top 10)29.4%
- Eternal Ltd5.03%
- Trent Ltd3.66%
- Samvardhana Motherson International Ltd3.11%
- Swiggy Ltd3.08%
- ZF Commercial Vehicle Control Systems India Ltd2.76%
- FSN E-Commerce Ventures Ltd2.67%
Industrials(1 in top 10)15.7%
- 3M India Ltd3.08%
Financial Services(1 in top 10)14.8%
- Bajaj Finserv Ltd2.53%
- Technology14.0%
- Healthcare9.2%
Consumer Defensive(1 in top 10)7.4%
- Varun Beverages Ltd3.03%
Communication Services(1 in top 10)4.7%
- Info Edge (India) Ltd4.70%
- Utilities2.7%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 47.2% a year.
The businesses it owns
- P/E (trailing)
- 29.4
- P/B
- 6.0
- Dividend yield
- 0.5%
- Net margin
- 12.1%
- Earnings growth
- 14.3%
- Avg market cap
- ₹85,472 crore
Money in, money out
- Net flow, 12 months
- +₹149 cr
- Net flow, 3 months
- +₹18 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Nippon India Innovation Fund?
- ₹15.07 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Nippon India Innovation Fund?
- 0.85% a year for the Direct plan, as of 31 Aug 2026.
- How large is Nippon India Innovation Fund?
- ₹3,108 crore under management as of 31 Aug 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?
- 13.0% a year – the weakest of 3 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 16.0% 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 3 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₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- Nippon India Pharma Fund₹9,479 crore
- Nippon India Power & Infra Fund₹8,137 crore
- Quant Infrastructure Fund₹3,146 crore
- Kotak Manufacture in India Fund₹3,127 crore
- SBI Quant Fund₹2,921 crore
- Tata India Consumer Fund₹2,901 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.