GMP IPO Watch
Nippon India Innovation Fund
Direct Plan · IDCW Option · Nippon India Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +2.27% | +2.62% | 192 of 255 |
| 1M | -0.50% | +0.77% | 189 of 255 |
| 3M | -6.46% | -4.63% | 177 of 252 |
| 6M | +2.56% | +2.44% | 104 of 251 |
| YTD | -1.39% | +0.02% | 122 of 255 |
| 1Y | -2.64% | -0.51% | 126 of 232 |
| 2Y | +2.05% | +1.57% | 81 of 187 |
| 3Y | +13.17% | +11.99% | 57 of 142 |
| INCEPTION | +12.43% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +3.98% | +21.61% | -15.30% | 67% | 27% |
| 6M | +7.24% | +32.79% | -19.88% | 67% | 27% |
| 1Y | +10.45% | +51.67% | -7.68% | 93% | 39% |
| 2Y | +9.32% | +23.45% | -1.66% | 96% | 41% |
| 3Y | +13.80% | +15.99% | +11.37% | 100% | 45% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity97.52%
- Debt0.00%
- Cash2.48%
- Other0.00%
Market Cap Split
- Large Cap38.24%
- Mid Cap33.27%
- Small Cap26.01%
- Others2.48%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 28.54 | 28.09 |
| P/B | 5.29 | 4.63 |
| Price / Sales | 3.66 | 3.31 |
| Price / Cash Flow | 27.86 | 21.08 |
| Dividend Yield (%) | 0.46 | 1.16 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Eternal | Retailing | 5.22% | +0.19% |
| Info Edge | Retailing | 4.64% | -0.06% |
| Trent | Retailing | 3.54% | -0.12% |
| Varun Beverages | Beverages | 3.47% | +0.44% |
| Samvardhana Motherson International | Auto Components | 3.17% | +0.06% |
| 3M India | Diversified | 3.16% | +0.08% |
| Swiggy | Retailing | 2.91% | -0.17% |
| ZF Commercial | Auto Components | 2.71% | -0.05% |
| Avenue Supermarts DMart | Retailing | 2.56% | +0.09% |
| Axis Bank | Banks | 2.52% | +0.01% |
| One 97 Communications | Financial Technology (Fintech) | 2.51% | +0.10% |
| Triparty Repo | Reverse Repo / TREPS | 2.30% | — |
| ICICI Bank | Banks | 2.26% | -0.08% |
| Siemens Energy | Electrical Equipment | 2.19% | +0.11% |
| ICICI Lombard General Insurance | Insurance | 2.18% | +0.67% |
View all 60 holdings
| Kirloskar Oil Engines | Industrial Products | 2.11% | +0.30% |
| Nykaa | Retailing | 2.05% | -0.62% |
| LG Electronics | Consumer Durables | 2.03% | +0.15% |
| HDFC Bank | Banks | 2.02% | — |
| Hindustan Aeronautics | Aerospace & Defense | 2.00% | +0.07% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 1.86% | -0.06% |
| Coforge | IT - Software | 1.80% | -0.12% |
| Mamaearth | Personal Products | 1.79% | -0.09% |
| Max Financial Services | Insurance | 1.77% | +0.77% |
| ABB | Electrical Equipment | 1.74% | -0.10% |
| Interglobe Aviation | Transport Services | 1.73% | +0.02% |
| Syngene International | Equity | 1.64% | -0.05% |
| PB FinTech | Financial Technology (Fintech) | 1.62% | -0.29% |
| TBO Tek | Leisure Services | 1.56% | +0.04% |
| Siemens | Electrical Equipment | 1.55% | -0.03% |
| Dixon Technologies | Consumer Durables | 1.42% | -0.09% |
| Shiprocket | Transport Services | 1.27% | -0.11% |
| Sanofi Consumer Healthcare | Pharmaceuticals & Biotechnology | 1.26% | -0.03% |
| MCX | Capital Markets | 1.19% | +0.04% |
| Restaurant Brand Asia (Burger King) | Leisure Services | 1.18% | -0.01% |
| Jubilant FoodWorks | Leisure Services | 1.17% | -0.03% |
| Tata Motors Passenger Vehicles | Automobiles | 1.14% | -0.02% |
| JSW Energy | Power | 1.14% | +0.52% |
| Timken | Industrial Products | 1.07% | +0.06% |
| Kaynes Technology India | Industrial Manufacturing | 1.03% | +0.01% |
| Meesho | Retailing | 1.03% | -0.16% |
| Groww | Capital Markets | 1.01% | +0.02% |
| Delhivery | Transport Services | 1.01% | -0.05% |
| Rainbow Childrens Medicare | Equity | 1.00% | -0.01% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 1.00% | +0.04% |
| Physicswallah | Other Consumer Services | 0.98% | — |
| Tube Investment | Auto Components | 0.96% | -0.09% |
| KFin Technologies | Capital Markets | 0.95% | -0.08% |
| eMudhra | IT - Services | 0.94% | +0.12% |
| Krishna Institute of Medical Sciences | Equity | 0.91% | -0.44% |
| Bajaj Auto | Automobiles | 0.90% | -0.05% |
| Niva Bupa Health Insurance Company | Insurance | 0.83% | -0.02% |
| Kansai Nerolac Paints | Consumer Durables | 0.78% | -0.02% |
| Molbio Diagnostics | Equity | 0.73% | +0.13% |
| GE Vernova T&D | Electrical Equipment | 0.67% | +0.01% |
| Cholamandalam Investment | Finance | 0.55% | — |
| Sapphire Foods | Leisure Services | 0.55% | -0.02% |
| Craftsman Automation | Auto Components | 0.54% | -0.01% |
| Net Current Assets | Net Current Assets | 0.17% | — |
| Cash Margin - CCIL | Net Current Assets | 0.01% | — |
Sector Allocation · Sep 2026
View all 25 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 16.16 | 16.27 | Low Volatility |
| 3Y | 14.47 | 16.10 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.38 | -0.33 | Below Average |
| 3Y | 0.47 | -0.46 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.85% (published 2026-10-27).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.12 | 0.05 | Below Average |
| 3Y | 1.33 | 1.11 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+59.16% | +48.17% | — | +23.57% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+23.60% | +30.61% | — | +29.76% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+21.84% | — | — | +19.69% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+20.06% | +19.12% | +12.26% | +15.80% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+19.95% | — | — | +10.69% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+19.94% | +20.37% | +8.45% | +8.55% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+19.10% | +23.89% | +16.63% | +21.84% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+18.27% | — | — | +11.09% |
|
WhiteOak Capital Pharma and Healthcare Fund
Regular Plan · Growth Option
|
+17.09% | — | — | +20.29% |
|
quant Healthcare Fund
Direct Plan · Growth Option
|
+17.00% | +21.16% | — | +21.00% |
More From Nippon Life India Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Direct Plan · Growth Option
|
+61.30% | +50.21% | — | +25.36% |
|
Nippon India Nifty Pharma ETF
Direct Plan
|
+21.73% | +22.78% | +14.98% | +13.27% |
|
Nippon India Japan Equity Fund
Direct Plan · IDCW Option
|
+21.33% | +21.80% | +9.80% | +9.68% |
|
Nippon India Silver ETF
Direct Plan
|
+17.45% | +33.95% | — | +23.75% |
|
Nippon India Silver ETF FOF
Direct Plan · IDCW Option
|
+16.15% | +32.94% | — | +22.66% |
|
Nippon India ETF Gold BeES
Direct Plan
|
+12.96% | +29.56% | +22.39% | +14.96% |
|
Nippon India Gold Savings Fund
Direct Plan · Growth Option
|
+12.51% | +29.39% | +22.19% | +10.08% |
|
Nippon India US Equity Opportunities Fund
Direct Plan · IDCW Option
|
+11.39% | +19.01% | +11.01% | +14.88% |
|
Nippon India Pharma Fund
Direct Plan · Growth Option
|
+9.16% | +18.49% | +14.31% | +17.26% |
|
Nippon India Fixed Maturity Plan - XLV - Series 5
Direct Plan · Growth Option
|
+7.27% | +8.39% | — | +8.51% |
About This Scheme
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 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.
Stated Asset Allocation
Equity and Equity related Instruments of companies adopting innovation theme* - 80-100%; Debt and Money Market Instruments^ - 0-20%. *In case the Fund Manager decides to invest in Equity and Debt instruments of ADRs/ GDRs issued by Indian/ foreign companies and in foreign Securities/Overseas ETFs/ units of overseas mutual funds in accordance with SEBI Regulations in the Scheme and such investments will not exceed 20% of the net assets of the Scheme ^It also includes - Cash equivalents which include Government Securities, T-Bills and Repo on Government Securities having residual maturity of less than 91 days.
Exit Load
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter
Fund Managers
Vinay Sharma, Rishit Parikh
Vinay Sharma - Primary ,Rishit Parikh - Co-fund manager
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.