Two funds walk into a table. Only the numbers talk.
SBI Innovative Opportunities Fund vs Nippon India Taiwan Equity Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- ASBI Innovative Opportunities Fund
SBI Mutual Fund- Sectoral / Thematic Fund
- Direct plan
- Very High Risk
NAV ₹11.39 on 12 Nov 2026
- BNippon India Taiwan Equity Fund
Nippon India Mutual Fund- Sectoral / Thematic Fund
- Direct plan
- Very High Risk
NAV ₹28.76 on 13 Nov 2026
The short version
Who comes out ahead on each measure, over the 1 year all of them have been around.
Grew faster
BNippon India Taiwan Equity Fund
Nippon India Taiwan Equity Fund returned 60.6% in the last year, against 13.6% for SBI Innovative Opportunities Fund. ₹1 lakh invested 1 year ago would be about ₹1.61 Lakh today, against ₹1.14 Lakh.
Smoother ride
ASBI Innovative Opportunities Fund
SBI Innovative Opportunities Fund swung the least: about 15.3% a year either way, against 38.1% for Nippon India Taiwan Equity Fund. Lower means fewer scary days.
Fell less in a crash
ASBI Innovative Opportunities Fund
At its worst, SBI Innovative Opportunities Fund fell 20.8% from its peak, against 44.8% for Nippon India Taiwan Equity Fund. On ₹1 lakh, that's a dip to ₹55,225 at the bottom for Nippon India Taiwan Equity Fund. Could you have held on?
More consistent
BNippon India Taiwan Equity Fund
Pick any day in the past and hold for a year: Nippon India Taiwan Equity Fund ended up in profit 86% of the time, against 61% for SBI Innovative Opportunities Fund.
What your money would have become
The same amount, put into each fund on the same day.
The dashed line is the ₹10,000 you put in. Above it is profit, below it is loss.
- ASBI Innovative Opportunities Fund₹11,362 from ₹10,000(13.6% a year)
- BNippon India Taiwan Equity Fund₹15,968 from ₹10,000(59.7% a year)
A one-time ₹10,000 put in 1 year ago, valued at the latest NAV. This is what happened, not what will.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
ASBI Innovative Opportunities Fund
- Watch out: Less than 3 years of history, too short to judge
BNippon India Taiwan Equity Fund
- Strength: Ahead of its category: 46.5% a year over 3 years, against a category average of 15%
- Strength: In the top quarter of its category over 3 years (#1 of 139)
- Strength: Beat a 5-year SBI FD: 46.5% a year over 3 years, against 6.05%
- Watch out: Swings more than most funds in its category
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | ASBI Innovative Opportunities Fund | BNippon India Taiwan Equity Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | 13.6%#45 of 226 · avg 6.1% | 60.6%Best#1 of 226 · avg 6.1% |
| 3 yearsPer year, over a full market mood swing | – | 46.5%#1 of 139 · avg 15% |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | 15.3%Bestcategory avg 15.8% | 38.1%category avg 15.8% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −20.8%Bestcategory avg −25.5% | −44.8%category avg −25.5% |
| Best 12 monthsIts strongest year | 14.6% | 279.5%Best |
| Worst 12 monthsIts weakest year | -7.1%Best | -33.6% |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 61% | 86%Best |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | 1.05%Best | 1.06% |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹5,125 Cr | ₹1,147 Cr |
| Minimum SIPSmallest monthly amount | ₹500 | – |
| Lock-inTime before you can withdraw | None | None |
| What it holdsWhere the money sits. Equity is shares, debt is bonds, cash is waiting to be invested. | ||
| In sharesEquity | 96.7% | – |
| In bondsDebt | 0.1% | – |
| In cashNot yet invested | 3.2% | – |
| HoldingsNumber of investments | 39 | – |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Top 10 holdings
Marked Both where another fund here holds it too.
ASBI Innovative Opportunities Fund
- Eternal Ltd9.5%
- TBO Tek Ltd6.1%
- Divi's Laboratories Ltd5.8%
- Ather Energy Ltd5.7%
- FSN E-Commerce Ventures Ltd5.5%
- Meesho Ltd5.2%
- Bajaj Finance Ltd4.6%
- BlackBuck Ltd4.3%
- Firstsource Solutions Ltd4%
- Sun Pharmaceutical Industries Ltd3.5%
As on 31 Oct 2026
BNippon India Taiwan Equity Fund
Holdings are not available for this fund yet.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
ASBI Innovative Opportunities Fund
Might suit you if…
- a smoother ride matters more to you than the top return
BNippon India Taiwan Equity Fund
Might suit you if…
- you want the stronger long-run growth and can sit through sharper falls
- you may need the money at short notice and want better odds of being in profit