- AMC
- Nippon India Mutual Fund
- Category
- Sectoral/ Thematic
- ISIN
- INF204KC1BP0
Nippon India Innovation Fund
₹14.6305
−₹0.2167 (−1.46%)
NAV · Direct · IDCW ·
Nippon India Innovation Fund's Direct IDCW NAV was ₹14.6305 on 19 Oct 2026, down 1.46% on the day. Its 3-year return is 12.53% a year.
- Expense ratio
- 2.10%
- Fund size
- ₹2,787.06 Cr
- Min. investment
- ₹100
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹12.6415 to ₹15.9688.
Direct · IDCW plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 2.10% (Direct)
- Exit load
- 1% if redeemed or switched out within 1 year from allotment date, nil thereafter
- Riskometer
- Very high
- Benchmark
- Nifty 500 TRI
- Launched
- 9 Aug 2023
- Fund managers
- Vinay Sharma, Rishit Parikh
Fund size, expense ratio and minimums as of 16 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF204KC1BO3 | ₹14.6305 | −1.46% | 2.10% | −2.45% |
| Regular · Growth | INF204KC1BL9 | ₹14.0429 | −1.47% | 2.10% | −3.67% |
| Direct · IDCW | INF204KC1BP0 | ₹14.6305 | −1.46% | 2.10% | −2.45% |
| Regular · IDCW | INF204KC1BM7 | ₹14.0429 | −1.47% | 2.10% | −3.67% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
Armor risk check
Nippon India Innovation Fund moves about as much as the market
Volatility, past year
Worst fall, past year
Compared with the Nifty 500 over the past 12 months.
Check it against your portfolio in the appAbout this fund
Nippon India Innovation Fund is an open-ended mutual fund from Nippon India Mutual Fund, in the Sectoral/ Thematic category. It began on 9 Aug 2023. It is benchmarked to the Nifty 500 TRI. The fund manages ₹2,787.06 Cr across its plans as of 16 Oct 2026. The Direct · IDCW plan has an expense ratio of 2.10%. The minimum first investment is ₹100, and SIPs are available.
FAQs
What is the NAV of Nippon India Innovation Fund?
The NAV of Nippon India Innovation Fund (Direct · IDCW) was ₹14.6305 on 19 Oct 2026, down 1.46% from the previous NAV.
What plans does Nippon India Innovation Fund have?
Nippon India Innovation Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Nippon India Innovation Fund?
The Direct · IDCW plan of Nippon India Innovation Fund has an expense ratio of 2.10%.
What is the fund size (AUM) of Nippon India Innovation Fund?
Nippon India Innovation Fund manages ₹2,787.06 Cr across all plans as of 16 Oct 2026.
What returns has Nippon India Innovation Fund delivered?
Nippon India Innovation Fund returned −2.45% over 1Y, +12.53% a year over 3Y. Past performance does not guarantee future returns.
What is the exit load of Nippon India Innovation Fund?
Nippon India Innovation Fund: 1% if redeemed or switched out within 1 year from allotment date, nil thereafter.
What is the minimum investment and SIP amount for Nippon India Innovation Fund?
The minimum first investment in Nippon India Innovation Fund is ₹100, and ₹100 after that. SIPs are available (SIP available Daily, Weekly, Monthly, Quarterly, Yearly with minimum Rs.100 in multiples of Re.1, minimum 6 installments, dates 1-31).
How risky is Nippon India Innovation Fund?
Nippon India Innovation Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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