Nippon India Equity Hybrid Fund - Direct Plan - Growth Option
Min amount: ₹500
- Fund Summary
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|Risk||Moderately High risk|
|Fund Type||Aggressive Allocation|
|Exit Load||1% for 365 Days|
More about this fund
|HDFC Bank Ltd||8.44%|
|ICICI Bank Ltd Ordinary Shares||5.19%|
|Reliance Industries Ltd Ordinary Shares||4.34%|
|Grasim Industries Ltd Ordinary Shares||4.18%|
|Axis Bank Ltd||3.9%|
|Bharti Airtel Ltd||3.65%|
|U.P. Power Corporation Limited||3.53%|
|Adani Ports & Special Economic Zone Ltd Ordinary Shares||3.36%|
|State Bank of India Ordinary Shares||2.86%|
About Nippon India Equity Hybrid Fund
Nippon India Equity Hybrid Fund is an open-ended hybrid scheme that predominantly invests in equity and equity-related instruments. The fund focuses on generating consistent returns and capital growth. It tries to balance out the benefit of equity growth potential with relative stability of investing in fixed income instruments.
Pros and Cons of Nippon India Equity Hybrid Fund
The fixed income instruments focus on obtaining higher accrual as it invests in high quality instruments over a medium term. It also allocates funds to purchase stocks from large cap companies to generate alpha. However, the historical data shows that the returns have been lower than the category average returns.
Fund Information and Statistics
i) Inception/Launch Date The fund was launched initially on 8 June 2005.
ii) Risk Level Nippon India Equity Hybrid Fund has a moderately high risk profile as the fund invests in a mix of securities, comprising equity, equity-related instruments, and fixed income instruments. The fund attempts to generate relatively better risk-adjusted returns.
iii) Redemption Since there is no lock-in period, no penalty will be charged for redemption of units. However, you may have to pay an exit load if you redeem before completing 12 months from the date of allotment.
iv) Fund Manager Mr Sushil Budhia and Mr Sanjay Parekh are currently serving as the Fund Managers for the fund.
v) Entry/Exit Load With effect from 1 August 2009, no entry load is to be charged on the purchase of fund units. An exit load of 1% will be charged when you redeem/switch-out more than 10% of the units allotted within a 12 months from the date of allotment. After completing 12 months, there won’t be any exit load charged.
About Nippon India Mutual Fund
Nippon India Mutual Fund (NIMF), earlier known as Reliance Mutual Fund, was established as a trust under the Indian Trusts Act, 1882. The fund house registered with SEBI on 30 June 1995. The company has Rs2,04,883.7169 crore as the average asset under management (AAUM) and has about 88.99 lakh folios as on 31 March 2020.
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Min amount: ₹500
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