Markets / Mutual funds / Sectoral / Thematic
Nippon India Mutual Fund · Equity fund · Regular plan · IDCW
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.
Bars: this plan; the thin mark is the Sectoral / Thematic average (regular plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.4 | |||||||||||
| 2025 | -5.2 | -8.2 | +6.6 | +3.3 | +5.1 | +3.9 | +0.2 | +0.4 | -0.0 | +1.4 | +0.1 | -1.5 |
| 2026 | -5.5 | +1.8 | -11.4 | +12.7 | +1.8 | +2.7 | +2.1 | +3.9 | -6.3 | -3.7 | +5.2 |
Each month's change in NAV (the current month to the latest NAV).
Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.
| Share of fund | 30 Sept 2026 | 31 Aug 2026 | Change |
|---|---|---|---|
| Stocks held | 97.5% | 98.8% | -1.23 |
| Short positions | 0.0% | -0.2% | +0.19 |
| Cash & others | 2.5% | 1.3% | +1.23 |
| Top 10 stocks | 33.9% | 33.7% | +0.25 |
| Number of stocks | 57 | 59 | -2 |
Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.
| Holding | % of fund |
|---|---|
| Eternal Limited INE758T01015 | 5.22% |
| Info Edge (India) Limited INE663F01032 | 4.64% |
| Trent Limited INE849A01020 | 3.54% |
| Varun Beverages Limited INE200M01039 | 3.47% |
| Samvardhana Motherson International Limited INE775A01035 | 3.17% |
| 3M India Limited INE470A01017 | 3.16% |
| Swiggy Limited INE00H001014 | 2.91% |
| ZF Commercial Vehicle Control Systems India Limited INE342J01019 | 2.71% |
| Avenue Supermarts Limited INE192R01011 | 2.56% |
| Axis Bank Limited INE238A01034 | 2.52% |
| One 97 Communications Limited INE982J01020 | 2.51% |
| ICICI Bank Limited INE090A01021 | 2.26% |
| Siemens Energy India Limited INE1NPP01017 | 2.19% |
| ICICI Lombard General Insurance Company Limited INE765G01017 | 2.18% |
| Kirloskar Oil Engines Limited INE146L01010 | 2.11% |
| FSN E-Commerce Ventures Limited INE388Y01029 | 2.05% |
| LG Electronics India Ltd INE324D01010 | 2.03% |
| HDFC Bank Limited INE040A01034 | 2.02% |
| Hindustan Aeronautics Limited INE066F01020 | 2.00% |
| Sun Pharmaceutical Industries Limited INE044A01036 | 1.86% |
| Coforge Limited INE591G01025 | 1.80% |
| Honasa Consumer Limited INE0J5401028 | 1.79% |
| Max Financial Services Limited INE180A01020 | 1.77% |
| ABB India Limited INE117A01022 | 1.74% |
| InterGlobe Aviation Limited INE646L01027 | 1.73% |
| Syngene International Limited INE398R01022 | 1.64% |
| PB Fintech Limited INE417T01026 | 1.62% |
| TBO Tek Limited INE673O01025 | 1.56% |
| Siemens Limited INE003A01024 | 1.55% |
| Dixon Technologies (India) Limited INE935N01020 | 1.42% |
| Shiprocket Limited INE0FOO01011 | 1.27% |
| Sanofi Consumer Healthcare India Limited INE0UOS01011 | 1.26% |
| Multi Commodity Exchange of India Limited INE745G01043 | 1.19% |
| Restaurant Brands Asia Limited INE07T201019 | 1.18% |
| Jubilant Foodworks Limited INE797F01020 | 1.17% |
| Tata Motors Passenger Vehicles Limited INE155A01022 | 1.14% |
| JSW Energy Limited INE121E01018 | 1.14% |
| Timken India Limited INE325A01013 | 1.07% |
| Kaynes Technology India Limited INE918Z01012 | 1.03% |
| Meesho Ltd INE0VDM01015 | 1.03% |
| Billionbrains Garage Ventures Ltd INE0HOQ01053 | 1.01% |
| Delhivery Limited INE148O01028 | 1.01% |
| Rainbow Childrens Medicare Limited INE961O01016 | 1.00% |
| Divi's Laboratories Limited INE361B01024 | 1.00% |
| PhysicsWallah Limited INE0LP301011 | 0.98% |
| Tube Investments of India Limited INE974X01010 | 0.96% |
| KFin Technologies Limited INE138Y01010 | 0.95% |
| eMudhra Limited INE01QM01018 | 0.94% |
| Krishna Institute Of Medical Sciences Limited INE967H01025 | 0.91% |
| Bajaj Auto Limited INE917I01010 | 0.90% |
| Niva Bupa Health Insurance Company Limited INE995S01015 | 0.83% |
| Kansai Nerolac Paints Limited INE531A01024 | 0.78% |
| Molbio Diagnostics Limited INE869T01028 | 0.73% |
| GE Vernova T&D India Limited INE200A01026 | 0.67% |
| Cholamandalam Investment and Finance Company Ltd INE121A01024 | 0.55% |
| Sapphire Foods India Limited INE806T01020 | 0.55% |
| Craftsman Automation Limited INE00LO01017 | 0.54% |
| Holding | % of fund |
|---|---|
| Triparty Repo | 2.30% |
| Net Current Assets | 0.17% |
| Cash Margin - CCIL | 0.01% |
From the fund house's monthly portfolio (mf.nipponindiaim.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.
Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 29 Sept 2023).
| Fund size (average AUM, July - September 2026) | ₹3,019 cr across all plans · this plan ₹7.04 cr |
| Fund house | Nippon India Mutual Fund |
| Category | Equity · Sectoral / Thematic |
| Plan | Regular |
| Option | IDCW |
| Exit load | 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter |
| Minimum investment | ₹100 · additional ₹100 |
| Scheme code (AMFI) | 152036 |
| ISIN | INF204KC1BM7 |
| NAV date | 5 Nov 2026 |
Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.
| Plan | NAV | 1 year |
|---|---|---|
| Direct · Growth | ₹15.1034 | +0.19% |
| Direct · IDCW | ₹15.1034 | +0.19% |
| Regular · Growth | ₹14.4887 | -1.05% |
| Fund | 1 year | 3 years (a year) |
|---|---|---|
| Nippon India Taiwan Equity Fund | +47.19% | +43.51% |
| HDFC Defence Fund | +17.69% | +34.19% |
| HDFC Pharma and Healthcare Fund | +24.81% | +29.79% |
| SBI HEALTHCARE OPPORTUNITIES FUND | +19.79% | +24.25% |
| HDFC Transportation and Logistics Fund | +7.84% | +24.00% |
| UTI - Healthcare Fund | +16.17% | +23.25% |
| Mirae Asset Healthcare Fund | +20.29% | +22.85% |
| BANK OF INDIA MANUFACTURING & INFRASTRUCTURE FUND | +14.95% | +22.27% |
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Information only, not investment advice.
₹14.4887 as of 5 Nov 2026, from AMFI's official NAV data.
1 year: -1.05%, 3 years: 12.91% a year
Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.