Nippon India Innovation Fund-Direct Plan-Growth Option
Nippon India Mutual Fund · Equity · mandate: ≥80% in the named sector/theme · benchmark: —
AUM (all plans)
2,787 cr
TER direct / regular
0.87% / 2.08%
CAGR (full)
16.4%
Sharpe (full)
0.64
Sharpe (bull ≤Sep-24)
3.26
Sharpe (sideways Oct-24→)
-0.11
Max drawdown
-20.4%
Months of data
35
Percentile ranks this fund within its peer pool; the leaderboard Score is
the weighted average of its fiscal-year percentiles (equity: active-return-rank blended
with IR-rank).
Equity curve
Drawdown
Fiscal-year record
FY
Return
vs category
Sharpe
months
FY22
—
—
—
0
FY23
—
—
—
0
FY24*
17.9%
-1.8%
2.32
6
FY25
7.2%
0.1%
0.14
12
FY26
-2.0%
-0.8%
-0.44
12
FY27*
25.8%
7.4%
3.23
5
Active/Fund returns are TOTALS over the months covered — never annualized
(FY27* is year-to-date; a * row covers only part of the year).
%ile is the fund's percentile within its peer pool for that year.
Monthly returns (%)
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year
2023
-2.2
+7.4
+6.0
+11.4
2024
+2.9
+0.8
+2.0
+4.7
+2.7
+9.5
+2.8
+2.2
+2.1
-7.5
-0.0
-1.4
+21.8
2025
-5.0
-8.1
+6.7
+3.3
+5.3
+4.1
+0.4
+0.4
+0.1
+1.5
+0.2
-1.3
+6.8
2026
-5.4
+1.9
-11.3
+12.8
+1.9
+2.8
+2.2
+4.1
+7.5
Quarterly average AUM & estimated net flows
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by
construction). Monthly returns are month-end NAV chains; stale prints (>7 days before
month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla
direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified
against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic
monthly convention. Independence: all figures are computed from mandatory public disclosures with a
fixed methodology applied identically to every fund — no fund can pay for inclusion,
exclusion, placement, or altered presentation, and any material commercial relationship
will be disclosed on the affected pages.
Nothing here is investment advice; past performance does not
predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard
· PMS leaderboard