Nippon India Mutual Fund
Sectoral / Thematic · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Nippon India Innovation Fund is a Sectoral / Thematic fund from Nippon India Mutual Fund, with NAVs going back to September 2023. This page covers its direct plan, growth option. It manages ₹2,847 crore, the 51st largest of 246 Sectoral / Thematic funds. Its expense ratio is 0.92% a year, lower than the median of 1.15% for Sectoral / Thematic funds.
Over the last three years it returned 12.90% a year, 70th of 137 Sectoral / Thematic funds (median 12.96%). It is 2.68 percentage points a year ahead of its benchmark, the Nifty 500 TRI, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 21.5%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-5.09%
3 Years
+12.90%
Since launch (1 Sept 2023)
+11.81%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -5.05% | -7.58% | +2.53 pts |
| 3 Years | +13.07% | +10.39% | +2.68 pts |
| Since launch | +12.27% | +9.53% | +2.74 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
14.5%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-21.5%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 1 Sept 2023.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Nippon India Mutual Fund's website before you invest.
Funds next to Nippon India Innovation Fund, in the same category, ranked by 3-year return.
Baroda BNP Paribas Mutual Fund
Sectoral / Thematic
+12.9% 3Y CAGR
Nippon India Mutual Fund
Sectoral / Thematic
+12.9% 3Y CAGR
Nippon India Innovation Fund-Direct Plan-Growth Option
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