Nippon India Index Fund - Nifty Plan - Direct Plan - Growth Plan
- 13.44%
- (--0.45)25.1271
Min amount: ₹1,000
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 13.44% |
| 3 Years | 11.67% |
| 1 Year | 55.83% |
| 6 Months | 21.26% |
| Fund Details | |
|---|---|
| ISIN | INF204K01H36 |
| Risk | Very High Risk |
| Fund Type | Index Funds |
| NAV | 25.1271 |
| Exit Load | 0.25% for 7 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| HDFC Bank Ltd | 10.24% |
| Reliance Industries Ltd Shs Dematerialised | 10.19% |
| Infosys Ltd | 7.98% |
| Housing Development Finance Corp Ltd | 7.08% |
| ICICI Bank Ltd | 6.33% |
| Tata Consultancy Services Ltd | 5.18% |
| Kotak Mahindra Bank Ltd | 4.05% |
| Hindustan Unilever Ltd | 3.42% |
| ITC Ltd | 3% |
| Axis Bank Ltd | 2.76% |
About Nippon India Index Fund - Direct Plan - Nifty Plan - Growth Index Funds/ETFs
The fund replicates the composition of the Nifty with an aim to generate returns that are commensurate with Nifty 50 Index’s performance subject to tracking errors. It invests in equity and equity-related securities with the goal of long-term capital growth.
Pros and Cons of Nippon India Index Fund - Direct Plan - Nifty Plan - Growth Index Funds/ETFs
The one-year, three-year, and five-year returns from the fund are higher than the category average returns. The risk-adjusted returns of the fund are lower as compared to the category.
Fund Information and Statistics
i) Inception/Launch Date
The fund was incepted on 28 September 2010.
ii) Risk Level
The fund comes with a moderately high risk profile since it invests in equity and equity-related securities.
iii) Redemption
Though there is no lock-in period, you have to consider the exit load before deciding on redemption.
iv) Fund Manager
Mr Mehul Dama is the current Fund Manager for the scheme.
v) Entry/Exit Load
Entry load is not applicable. An exit load of 0.25% is charged if fund units are redeemed/switched out before completing 7 days from the date of allotment. After completing 7 days, no exit load is chargeable.
About Nippon India Mutual Fund
Nippon India Mutual Fund was set up and got registered with SEBI on 30 June 1995. Nippon Life Insurance Company is the sponsor for the fund house and Nippon Life India Trustee Limited is the trustee company. The fund house offers about 188 different folios to its customers. The average assets under management is worth Rs.2,00,030.16 crore as of 30 September 2020.
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Min amount: ₹1,000
Calculate Returns
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