Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl
Equity
Direct
Global - Other
NAV: ₹ 10.1 as on 21-09-2023
Fund Performance
9 people have invested ₹ 6.8K in Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months
About the Fund
Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 28 August, 2023. The fund is managed by Kinjal Desai, Vinay Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl has ₹833 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.
Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl Overview
 | -- |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹833 Cr |
 | 28 August, 2023 |
 | ₹500/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Fund Distribution as on (31-Dec-69)
Sector Allocation
Consumer Cyclical
35.6%
Financial Services
20.9%
Communication
13.8%
Consumer Defensive
13%
Tech
6.6%
Industrial
5.5%
Basic Materials
4.6%
Top Holdings of Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings23
Gainers & Losers in Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl portfolio Returns for the month of Dec
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 15.2% |
 One 97 Communications Ltd | 8.5% |
 Bayer CropScience Ltd | 6.8% |
Top Losers | 1M Return |
|---|---|
 FSN E-Commerce Ventures Ltd | -9.6% |
 Info Edge (India) Ltd | -7% |
 Tata Motors Ltd | -6.6% |
Peer Analysis
Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl Fund Manager
Kinjal Desai
Fund Manager of Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl, since 28 August 2023
Top funds managed
Vinay Sharma
Fund Manager of Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl, since 28 August 2023
Top funds managed
Fund Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered returns of 2.17% since inception (28nd Aug 2023)
Fund Allocations
This fund has an allocation of 49.69% in Equity, 0% in Debt and 50.31% in Cash related instruments
AUM size ₹833 Cr
This fund has AUM of ₹833 Cr which is more than its category average of ₹ 463 Cr
Frequently Asked Questions
The current NAV of Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl is ₹10.14 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
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₹833 Cr as on August 2023
FSN E-Commerce Ventures Ltd(4.41%), Info Edge (India) Ltd(3.92%), One97 Communications Ltd(3.29%), Affle India Ltd(2.95%), Tata Motors Ltd(2.89%) as on August 2023
Consumer Cyclical(17.68%), Financial Services(10.36%), Communication(6.87%) as on August 2023
The alpha ratio for the Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The alpha for Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against IISL Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The Beta for Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The sharpe ratio for Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Kinjal Desai, Vinay Sharma are the fund managers of Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Innovation Fund Direct Payout Inc Dist cum Cap Wdrl is 1%