Nippon India Innovation Fund Overview
Category Innovation Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 31-01-2025
NAV ₹12.9(R) +1.45% ₹13.15(D) +1.46%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 10.99% -% -% -% -%
LumpSum (D) 12.45% -% -% -% -%
SIP (R) -4.79% -% -% -% -%
SIP (D) -3.47% -% -% -% -%
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: 31-01-2025

Scheme Name NAV Rupee Change Percent Change
Nippon India Innovation Fund-Regular Plan-IDCW Option 12.9
0.1800
1.4500%
Nippon India Innovation Fund-Regular Plan-Growth Option 12.9
0.1800
1.4500%
Nippon India Innovation Fund-Direct Plan-IDCW Option 13.15
0.1900
1.4600%
Nippon India Innovation Fund-Direct Plan-Growth Option 13.15
0.1900
1.4600%

Review Date: 31-01-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It signifies the growth in the investment's value over a specific period, presented either as a percentage or a monetary figure. Our analysis focused on four return parameters of this fund. The return parameters have been categorized into three performance groups: the top 25%, those below the top 25% but above average, and those below average. Now, let's take a look at how each parameter has performed.
    1. Top 25%: One return parameter of the Nippon India Innovation Fund is in the top 25% in the category, as listed below:
      • 1M Return %
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Three return parameters of the fund are below average in the category, which are listed below:
      • 1Y Return %
      • 3M Return %
      • 6M Return %
  2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For Nippon India Innovation Fund, we have analyzed zero risk parameters and divided them 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.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -5.10
-9.21
-11.01 | -5.10 1 | 5 Very Good
3M Return % -6.67
-6.56
-7.56 | -5.59 3 | 5 Good
6M Return % -10.27
-5.96
-10.27 | -1.79 5 | 5 Average
1Y Return % 10.99
11.76
3.01 | 21.27 2 | 3 Good
1Y SIP Return % -4.79
-1.31
-5.28 | 6.13 2 | 3 Good
Return data last Updated On : Jan. 31, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -4.99 -9.09 -10.87 | -4.99 1 | 5
3M Return % -6.35 -6.20 -7.16 | -5.21 3 | 5
6M Return % -9.67 -5.23 -9.67 | -1.03 5 | 5
1Y Return % 12.45 13.39 4.54 | 23.17 2 | 3
1Y SIP Return % -3.47 0.19 -3.82 | 7.86 2 | 3
Return data last Updated On : Jan. 31, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.45 ₹ 10,145.00 1.46 ₹ 10,146.00
1W 0.57 ₹ 10,057.00 0.59 ₹ 10,059.00
1M -5.10 ₹ 9,490.00 -4.99 ₹ 9,501.00
3M -6.67 ₹ 9,333.00 -6.35 ₹ 9,365.00
6M -10.27 ₹ 8,973.00 -9.67 ₹ 9,033.00
1Y 10.99 ₹ 11,099.00 12.45 ₹ 11,245.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -4.79 ₹ 11,684.92 -3.47 ₹ 11,771.98
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Nippon India Innovation Fund NAV Regular Growth Nippon India Innovation Fund NAV Direct Growth
31-01-2025 12.9038 13.1498
30-01-2025 12.7191 12.9611
29-01-2025 12.7497 12.9918
28-01-2025 12.5398 12.7775
27-01-2025 12.5054 12.7419
24-01-2025 12.8311 13.0724
23-01-2025 13.0731 13.3184
22-01-2025 12.8818 13.123
21-01-2025 12.9658 13.2082
20-01-2025 13.2195 13.4661
17-01-2025 13.1672 13.4114
16-01-2025 13.2098 13.4544
15-01-2025 13.092 13.3338
14-01-2025 13.0398 13.2802
13-01-2025 12.8818 13.1189
10-01-2025 13.2835 13.5264
09-01-2025 13.4861 13.7323
08-01-2025 13.5584 13.8054
07-01-2025 13.6913 13.9402
06-01-2025 13.6844 13.9327
03-01-2025 13.8821 14.1324
02-01-2025 13.8723 14.1219
01-01-2025 13.6489 13.894
31-12-2024 13.5971 13.8408

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.