Innovation — Daily SIP in Next-Gen Tech Funds

Invest in the companies and trends shaping tomorrow — one daily SIP from ₹21.

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Powered by Axis & Nippon India Mutual Fund

What is the Innovation Goal?

Innovation is Pyllar's goal-based SIP for thematic mutual funds that invest in companies driving technological and business disruption — think artificial intelligence, digital platforms, healthcare innovation, clean energy and next-generation manufacturing. Instead of buying individual tech stocks, a single SIP gives you diversified exposure to this theme through professionally managed funds.

Some innovation funds invest domestically; others use a fund-of-fund structure to route your money into global innovation-focused funds, giving Indian investors exposure to trends and companies beyond the domestic market.

How the Innovation SIP Works on Pyllar

  1. Set your daily amount — from ₹21/day, invested into Pyllar's Innovation fund basket.
  2. Activate UPI AutoPay — your daily amount is debited automatically, no manual transfers.
  3. Funds invest in innovation-themed equity — your money goes into SEBI-regulated innovation/thematic mutual fund units.
  4. Track live NAV — see your holdings and value update as markets move.

There's no lock-in on Innovation SIPs. You can pause, stop or redeem anytime — standard mutual fund redemption timelines apply, typically 2–3 business days.

Is an Innovation Fund a Good Investment?

Innovation and thematic funds are equity mutual funds with concentrated exposure to a specific theme rather than the broad market — that concentration can mean sharper upside in favourable cycles, but also sharper drawdowns when the theme is out of favour. They generally suit investors who already hold a diversified core portfolio and want to add a smaller, high-conviction satellite allocation.

A daily SIP applies rupee cost averaging at a finer interval than a monthly SIP, which can help smooth entry price volatility that's typically higher in thematic funds than in diversified ones.

Mutual fund investments are subject to market risks. Past performance is not indicative of future returns. Please read all scheme-related documents carefully before investing.

Curious how your daily SIP could grow? Try the Pyllar SIP calculator → or browse the full mutual fund catalog →

Understanding Innovation Investing

What is an Innovation Fund?

A thematic equity mutual fund investing in companies driving technological disruption — AI, digital platforms, healthcare tech and more.

Why Global Exposure?

Some innovation funds route your investment into global funds through a fund-of-fund structure, extending your reach beyond Indian markets.

Why Daily SIP?

Daily SIPs apply rupee cost averaging more frequently, helping smooth the entry price volatility typical of thematic funds.

Innovation Funds Available on Pyllar

Invest with trusted AMC partners

Axis Global Innovation Fund Of Fund

AXIS MF
Equity — Global Innovation FoF

Long-term capital appreciation by investing in overseas funds focused on companies driving global innovation and disruption.

  • Open-ended fund of funds scheme
  • Global innovation & disruption theme
  • Growth Plan
View live NAV & returns →

Nippon India Innovation Fund

Equity — Thematic (Innovation)

Long-term capital appreciation by investing in companies benefiting from innovation-led growth across sectors.

  • Open-ended thematic equity scheme
  • Innovation-led growth theme
  • Growth Plan
View live NAV & returns →

How It Works

1

Set your daily investment

Choose an amount as low as ₹21 that gets invested automatically every day

2

Your fund tracks innovation themes

Your investment tracks companies driving technological and business disruption

3

Build thematic exposure gradually

Small daily amounts accumulate fund units over time through rupee cost averaging

4

Track and manage easily

See your investment grow, pause or modify your SIP anytime, and redeem when you need

Fund Essentials

Fund Name Category Risk Live NAV & Returns
Axis Global Innovation Fund Of Fund Equity — Global Innovation FoF Very High View →
Nippon India Innovation Fund Equity — Thematic (Innovation) Very High View →

Risk category per SEBI riskometer classification for equity schemes. NAV and returns update daily — see the live fund page for current figures.

Risk

Innovation and thematic funds carry Very High risk on the SEBI riskometer. Their concentrated theme means performance can diverge sharply from the broad market, in either direction. Fund-of-fund structures also carry currency and overseas-market risk. Best suited as a smaller satellite allocation alongside a diversified core portfolio.

Why Innovation Deserves a Place in Your Portfolio

Investing in the trends reshaping the world

Exposure to Disruption

Participate in companies at the centre of AI, digital and healthcare-tech shifts, without picking individual winners.

Global Reach

Fund-of-fund structures extend your investment beyond Indian markets into global innovation leaders.

Long-Term Growth Potential

Innovation-led sectors have historically been a meaningful driver of long-term equity returns, alongside higher volatility.

Portfolio Diversification

Adds a thematic satellite allocation distinct from your core gold, savings or flexi cap holdings.

Why Choose Pyllar?

Simple & Accessible

  • Start investing with just ₹21/day
  • Invest in SEBI-regulated innovation mutual funds
  • AMFI-registered distributor
  • Pause, modify, or stop anytime
  • Track your investments with live NAV updates
  • Thematic exposure without lump-sum investing

Safe & Regulated

Regulated & Transparent

Pyllar operates under SEBI and AMFI regulations. Your investments are held in your name directly with the respective Asset Management Companies, with all transactions fully visible in your account.

Secure by Design

Funds move directly from your bank to the mutual fund — Pyllar never holds your money. Bank-grade security and industry-standard practices protect your data and investments end to end.

Questions

Innovation Fund FAQs

What is the Innovation goal on Pyllar?
Innovation is a daily SIP goal on Pyllar that invests into thematic mutual funds focused on next-generation technology, disruption and global innovation trends.
What is an innovation fund?
An innovation fund is a thematic equity mutual fund that invests in companies driving technological change and disruption — spanning sectors like AI, digital platforms, healthcare innovation and next-gen manufacturing, in India or globally through fund-of-fund structures.
Can I start an Innovation fund SIP with a small daily amount?
Yes. Pyllar lets you start an Innovation daily SIP from ₹21/day, debited automatically through UPI AutoPay.
Are innovation/thematic funds high risk?
Yes. Thematic and innovation-focused equity funds carry Very High risk on the SEBI riskometer, since they concentrate on a specific theme rather than the broad market. They suit investors who understand and accept concentration risk alongside their long-term goals.
Which innovation funds are available on Pyllar?
Pyllar's Innovation goal invests through the Axis Global Innovation Fund of Fund and Nippon India Innovation Fund — both SEBI-regulated equity schemes.

Invest in Tomorrow, One Day at a Time

Whether you're investing for growth, diversification, or exposure to global innovation, Pyllar helps you make it simple, disciplined, and accessible.

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