Nippon India Quant Fund - Direct Plan - Growth Plan - Regular - Latest NAV [ ₹38.0604 ], Returns, Performance, Portfolio & Returns 2021

Nippon India Quant Fund - Direct Plan - Growth Plan

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    14.31%
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    (+0.17)38.0604

Min amount: ₹1,000

Calculate Returns

20 yrs
Rs. 1,000 invested monthly becomes Rs. 13.75 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years14.31%
3 Years13.82%
1 Year52.59%
6 Months26.3%
Fund Details
ISININF204K01J34
RiskVery High Risk
Fund TypeEquity - Other
NAV38.0604
Exit Load0.25% for 31 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd Shs Dematerialised6.13%
HDFC Bank Ltd6.05%
ICICI Bank Ltd5.93%
State Bank of India5.45%
Infosys Ltd5.22%
Housing Development Finance Corp Ltd5.18%
Net Current Assets3.79%
HCL Technologies Ltd Shs Dematerialised3.72%
Bharti Airtel Ltd3.38%
Mahindra & Mahindra Ltd3.34%

About Nippon India Quant Fund

Nippon India Quant Fund is an open-ended equity scheme that primarily invests in quant model theme. The fund focuses on generating capital growth by investing in equity and equity-related instruments from an active portfolio of stocks selected based on the Quant model. The selection parameters include valuation, earnings, momentum, price, and quality.

Pros and Cons of Nippon India Quant Fund

Nippon India Quant Fund is a combination of active management, scientific approach, expertise, and back test. The proprietary system-based model shortlists 30-35 S&P BSE 200 stocks on a quarterly basis. However, the fund does not guarantee to achieve the investment objective. The risk-adjusted returns have also been lower as compared to the category.

Fund Information and Statistics

i) Inception/Launch Date Nippon India Quant Fund was launched on 18 April 2008.

ii) Risk Level The fund includes a high risk profile because it allocates funds in an actively managed portfolio of stocks selected based on a mathematical model. Investing in the fund can be beneficial to investors looking at long-term investments.

iii) Redemption You can redeem fund units at any time since there is no lock-in period. However, you may have to pay an exit load if you redeem within one month from the date of allotment.

iv) Fund Manager Mr Arun Sundaresan and Mr Ashutosh Bhargava are the current Fund Managers for Nippon India Quant Fund.

v) Entry/Exit Load As per SEBI’s circular, entry load is not chargeable effective from 1 August 2009. On the other hand, an exit load of 0.25% is charged if you redeem or switch out the units within a month from the date of allocation.

About Nippon India Mutual Fund

Nippon India Mutual Fund (NIMF) is one of the fastest growing mutual fund houses in India. The firm was incorporated on 24 February 1995 in the name of Reliance Mutual Fund. The sponsor for the fund house is Nippon Life Insurance Company (NLIC) and the trustee is Nippon Life India Trustee Limited (NLITL). Currently, the firm holds about 91.19 lakh folios.

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Min amount: ₹1,000

Calculate Returns

20 yrs
Rs. 1,000 invested monthly becomes Rs. 13.75 Lakhs in a period of 20 years
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns