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Nippon India Innovation Fund-Reg(G)

FAQ : Nippon India Innovation Fund - Regular Plan - Growth

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(%) N/A 11.96 N/A N/A
Average Rolling Returns(%) 10.08 N/A N/A N/A

The Current NAV of Nippon India Innovation Fund - Regular Plan - Growth is ₹13.77.

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 1.68%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Nippon India Innovation Fund - Regular Plan - Growth is currently ₹2,923 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 BFSI accounting for 45% of the total portfolio.

Funds Portfolio Quality is Not Good. It has a mix of Red, Orange and Mid cap or Small cap 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 49.33 and PB ratio is 10.21

The asset allocation of Nippon India Innovation Fund - Regular Plan - Growth is Stocks : 97.52%, Debt : 2.51% 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