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Nippon India Innovation Fund-Regular Plan-Growth Option
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 70/100 · Good
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)14.88%
- Expense ratio (20%)0.85%
- AUM (15%)₹2,979 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Nippon India Mutual Fund · Equity · Thematic
₹15.6
AUM: ₹2,979 Cr
NAV updated 19 days ago
Plan
Regular
Option
Growth
Risk
Very High
Expense Ratio
0.85%
Exit Load
Exit load of 1%, if redeemed within 1 year.
Fund Manager
Kinjal Desai
Inception
Aug 2023
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
-0.09
Std Dev (1Y)
15.37%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.94%
3m
+9.9%
6m
+13.21%
1y
+3.96%
3y
+14.88%
5y
—
10y
—
since inception
+14.03%
TopFund's Take on Nippon India Innovation Fund-Regular Plan-Growth Option
Nippon India Innovation Fund-Regular Plan-Growth Option holds up reasonably well within the Thematic category, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 70/100.
Cost: At 0.85%, the expense ratio is meaningfully cheaper — about 14% below the Thematic category average of 0.99% (based on 873 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.09 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 15.37% is fairly typical for Thematic funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Nippon India Innovation Fund-Regular Plan-Growth Option
The current NAV (Net Asset Value) of Nippon India Innovation Fund-Regular Plan-Growth Option is ₹15.6. NAV is updated every business day after market close by AMFI.
1Y: 3.96% · 3Y CAGR: 14.88%
The expense ratio of Nippon India Innovation Fund-Regular Plan-Growth Option is 0.85% per annum. This is the annual fee charged by the fund to manage your investment.
Nippon India Innovation Fund-Regular Plan-Growth Option is managed by Kinjal Desai at Nippon India Mutual Fund.
Nippon India Innovation Fund-Regular Plan-Growth Option is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Nippon India Innovation Fund-Regular Plan-Growth Option is a Thematic fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Nippon India Innovation Fund-Regular Plan-Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Nippon India Innovation Fund-Regular Plan-Growth Option is ₹2,979 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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