Nippon India Innovation Fund Direct-Growth
Equity: Thematic-Innovation - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Thematic-InnovationBenchmark: NIFTY 500 Total Return Index
NAV: ₹15.19+0.81%
10 Jul 2026
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Expense ratio of the scheme (0.87%) is lower than average expense ratio of the category (1.02%), excluding index funds and ETFs
This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
The scheme seeks 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.