Nippon India Innovation Fund - Direct (G)

You can invest in Nippon India Innovation Fund - Direct (G) through a lump sum investment or a monthly SIP. The minimum lump sum investment is ₹500 and the minimum SIP amount is ₹100.

The latest NAV of Nippon India Innovation Fund - Direct (G) is ₹15.26.

Nippon India Innovation Fund - Direct (G) manages assets worth ₹3,107.75 Cr.

The expense ratio of Nippon India Innovation Fund - Direct (G) is 0.85%.

The exit load applicable on Nippon India Innovation Fund - Direct (G) is 1.00% - If redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil - If redeemed or switched out after the completion of 1 year from the date of allotment of units..

As per the riskometer, Nippon India Innovation Fund - Direct (G) carries Very High risk.

Nippon India Innovation Fund - Direct (G) is managed by Nippon India Mutual Fund.

Nippon India Innovation Fund - Direct (G) belongs to the Thematic Fund category.

Nippon India Innovation Fund - Direct (G) is benchmarked against the Nifty 500 TRI.

Nippon India Innovation Fund - Direct (G) has no lock-in period, so units can be redeemed at any time subject to the applicable exit load.

Nippon India Innovation Fund - Direct (G) was launched on 28 Aug 2023.

After the initial investment, you can invest in Nippon India Innovation Fund - Direct (G) in further multiples of ₹100.

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 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.