Nippon India Innovation Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
| 1 Year | 3 Year | 5 Year | 9 Year | |
| CAGR(%) | 6.56 | 15.15 | N/A | N/A |
| Average Rolling Returns(%) | 10.51 | N/A | N/A | N/A |
The Current NAV of Nippon India Innovation Fund - Regular Plan - Growth is ₹14.93.
It is better to invest in a fund with a longer track record as Nippon India Innovation Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.
Nippon India Innovation Fund - Regular Plan - Growth fund’s expense ratio is 1.67%
The process for redemption is
The AUM of Nippon India Innovation Fund - Regular Plan - Growth is currently ₹3,108 Crores.
The Top three stocks are Eternal, Info Edge (India) and Trent and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 34% of fund’s portfolio respectively.
Top three sectors of Nippon India Innovation Fund - Regular Plan - Growth fund are Retail, IT and Auto accounting for 48% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Thematic Fund - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Nippon India Innovation Fund - Regular Plan - Growth Fund is Equity - Thematic Fund - Other.
Vinay Sharma and Rishit Parikh manage the Nippon India Innovation Fund - Regular Plan - Growth Fund.
Nippon India Innovation Fund - Regular Plan - Growth current PE ratio is 52.58 and PB ratio is 11.15
The asset allocation of Nippon India Innovation Fund - Regular Plan - Growth is Stocks : 98.75%, Debt : 1.28% and Gold : 0%
The minimum SIP amount for Nippon India Innovation Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹500.00
The exit load for Nippon India Innovation Fund - Regular Plan - Growth is 1% on or before 1 year, Nil after 1 year