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Nippon India Innovation Fund Direct Growth

Nippon India Innovation Fund Direct Growth

NAV ₹14.07 as on 11 Jun 2026

RiskVery High

Fund Size₹2,835.99Cr

NAV	₹14.07 as on 11 Jun 2026
Risk	Very High
Fund Size	₹2,835.99Cr

Investment Details

Lock-in

No Lock-in

Min One Time Amount

₹500

Min Withdrawal Amount

₹-

Min SIP Amount

₹100

Min Additional Amount

₹100

Exit Load

1.00% - If redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil - If redeemed or switched out after the completion of 1 year from the date of allotment of units.

Basic Details

Age

2 years 10 months (Since Aug 28, 2023)

Return since Launch

13.02%

Expense ratio

0.72%

Type

OPEN

AUM (Fund Size)

₹2,835.99

Risk Grade

Very High

Benchmark

Nifty 500 TRI

Calculate Your Returns

Select Duration

Choose Amount

₹

Returns

Total investment of ₹2,40,000

Would have become ₹61,949 (+209.74%)

Asset Allocation

Currently, data not available

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Scheme Holding Summary

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Riskometer

Level of risk in the scheme

Moderate

High

Low

Very
High

Your investment will be at Very High Risk

Fund house & investment objective

NIPPON INDIA MUTUAL FUND

Rank (total assets)	#4 in India
Total AUM	₹7,40,030.99Cr

Date of Incorporation	24 Feb 1995

Nippon India Innovation Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 28 Aug 2023. The fund currently has an Asset Under Management(AUM) of ₹7,40,030.99 Cr and the Latest NAV as of 11 Jun 2026 is ₹14.07.
The Nippon India Innovation Fund Direct Growth is rated Very High. Minimum SIP Investment is set to ₹100 . Minimum Lumpsum Investment is ₹500. Exit load of 1.00% - If redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil - If redeemed or switched out after the completion of 1 year from the date of allotment of units..

Returns and Rankings