Nippon India Innovation Fund: A Thematic Equity Scheme for Long Term Capital Growth
Nippon India Mutual Fund, one of the leading fund houses in India, has launched a new open-ended equity scheme that will invest in companies that are seeking to benefit from innovation. The scheme is called Nippon India Innovation Fund and it aims to capture the growth potential of businesses that are on the cutting edge of transformation and may drive the future of various sectors. What is innovation and why is it important? Innovation is the process of creating new and improved products, services, processes or business models that meet the changing needs and expectations of customers, markets and society. Innovation can provide a competitive advantage to businesses by enhancing their productivity, efficiency, quality, profitability and brand reputation. Innovation can also help businesses to adapt to changing technologies, user habits, regulations and environmental challenges. Innovation is not limited to any particular sector or industry. It can be found across various domains...