Nippon India Innovation Fund Overview
Category Innovation Fund
BMSMONEY Rank N/A
Rating N/A
Growth Option 13-03-2025
NAV ₹11.87(R) -0.21% ₹12.12(D) -0.21%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.0% -% -% -% -%
Direct 6.39% -% -% -% -%
Benchmark
SIP (XIRR) Regular -18.98% -% -% -% -%
Direct -17.85% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.

No data available

NAV Date: 13-03-2025

Scheme Name NAV Rupee Change Percent Change
Nippon India Innovation Fund-Regular Plan-IDCW Option 11.87
-0.0300
-0.2100%
Nippon India Innovation Fund-Regular Plan-Growth Option 11.87
-0.0300
-0.2100%
Nippon India Innovation Fund-Direct Plan-IDCW Option 12.12
-0.0300
-0.2100%
Nippon India Innovation Fund-Direct Plan-Growth Option 12.12
-0.0300
-0.2100%

Review Date: 13-03-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the four return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided below.
    1. Top 25%: The Nippon India Innovation Fund has two return parameters in the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
    2. Above Average Below the Top 25%: One return parameter of the Nippon India Innovation Fund is above average but below the top 25% in the category, as shown below:
      • 1Y Return %
    3. Below Average: One return parameter of the fund is below average in the category, which is listed below:
      • 6M Return %
  2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Zero risk parameters of the fund are divided into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Nippon India Innovation Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Nippon India Innovation Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Nippon India Innovation Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Nippon India Innovation Fund, we have evaluated zero risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


Date Nippon India Innovation Fund NAV Regular Growth Nippon India Innovation Fund NAV Direct Growth
13-03-2025 11.8722 12.1166
12-03-2025 11.8973 12.1418
11-03-2025 11.9455 12.1906
10-03-2025 12.0232 12.2694
07-03-2025 12.1551 12.4026
06-03-2025 12.1754 12.4229
05-03-2025 12.0449 12.2893
04-03-2025 11.8596 12.0998
03-03-2025 11.84 12.0793
28-02-2025 11.8466 12.0848
27-02-2025 12.1194 12.3626
25-02-2025 12.1892 12.4329
24-02-2025 12.2036 12.4472
21-02-2025 12.3455 12.5904
20-02-2025 12.455 12.7017
19-02-2025 12.4129 12.6583
18-02-2025 12.2485 12.4902
17-02-2025 12.3099 12.5523
14-02-2025 12.2867 12.5272
13-02-2025 12.5072 12.7516

Fund Launch Date: 29/Aug/2023
Fund Category: Innovation Fund
Investment Objective: The investment objective of Nippon India Innovation Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies seeking to benefit from innovation i.e companies that invest in l innovation, research and development, new product development or new platforms to enhance their business and gain share in their respective sectors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Fund Description: An open ended equity scheme investing in innovation theme
Fund Benchmark: Nifty 500 TRI
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.