Nippon India Innovation Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.00
• Std Deviation 0.00%
• Tracking Error 0.00%

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 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.

The Nippon India Innovation Fund Regular Growth has an AUM of 2800.81 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.95%. The minimum investment in Nippon India Innovation Fund Regular Growth is Rs 500 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Low respectively.

The top holdings of the fund include Info Edge (India), Triparty Repo, Avenue Supermarts & Bajaj Finserv.

The major sectors where the fund is invested are Computer Services, Auto & Truck Parts, Regional Banks & Consumer Financial Services.

Some of the similar funds are ICICI Prudential BHARAT 22 FOF Growth, Kotak Manufacture in India Fund Regular Growth, Tata Business Cycle Fund Regular Growth, HDFC Business Cycle Fund Regular Growth, Nippon India Innovation Fund Regular Growth. Nippon India Innovation Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.