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Nippon India Index Fund Nifty Plan Direct Bonus

Other
Index
Very High Risk
11.30%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jun 2022₹28.03
Min. SIP amountNA
Rating3
Fund size₹500.79Cr

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.3%11.3%11.8%11.6%
Category average48.0%13.9%14.2%NA
Rank with in category293018NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity12.9%
HDFC Bank Ltd.FinancialEquity8.1%
Infosys Ltd.TechnologyEquity7.7%
ICICI Bank Ltd.FinancialEquity6.9%
Housing Development Finance Corpn. Ltd.FinancialEquity5.4%
Tata Consultancy Services Ltd.TechnologyEquity4.9%
Kotak Mahindra Bank Ltd.FinancialEquity3.5%
ITC Ltd.Consumer StaplesEquity3.0%
Larsen & Toubro Ltd.ConstructionEquity2.7%
Hindustan Unilever Ltd.Consumer StaplesEquity2.7%
See All

Pros and cons

Category: Other Index

Pros

Cons

Lower expense ratio: 0.2%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lower alpha: -0.73 The fund has generated returns lower than benchmark - NIFTY 50 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.20%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 7 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Mehul Dama
Nov 2018 - Present
View details

Education
Mr. Dama has done C.A. & B.Com
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Amc Image
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in Nippon India Index Fund Nifty Plan Direct Bonus?

You can easily invest in Nippon India Index Fund Nifty Plan Direct Bonus in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Nippon India Index Fund Nifty Plan Direct Bonus from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Nippon India Index Fund Nifty Plan Direct Bonus as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Nippon India Index Fund Nifty Plan Direct Bonus provide?

The Nippon India Index Fund Nifty Plan Direct Bonus has been there from 01 Jan 2013 and the average annual returns provided by this fund is 1.26% since its inception.

How much expense ratio is charged by Nippon India Index Fund Nifty Plan Direct Bonus?

The term Expense Ratio used for Nippon India Index Fund Nifty Plan Direct Bonus or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Nippon India Index Fund Nifty Plan Direct Bonus is 0.20% as of 30 Jun 2022...

What is the AUM of Nippon India Index Fund Nifty Plan Direct Bonus?

The AUM, short for Assets Under Management of Nippon India Index Fund Nifty Plan Direct Bonus is ₹500.79Cr as of 30 Jun 2022.

How to Redeem Nippon India Index Fund Nifty Plan Direct Bonus?

If you want to sell your Nippon India Index Fund Nifty Plan Direct Bonus holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Nippon India Index Fund Nifty Plan Direct Bonus?

You can select either SIP or Lumpsum investment of Nippon India Index Fund Nifty Plan Direct Bonus based on your investment objective and risk tolerance.

What is the NAV of Nippon India Index Fund Nifty Plan Direct Bonus?

The NAV of Nippon India Index Fund Nifty Plan Direct Bonus is ₹28.03 as of 29 Jun 2022.

What is the PE and PB ratio of Nippon India Index Fund Nifty Plan Direct Bonus?

The PE ratio ratio of Nippon India Index Fund Nifty Plan Direct Bonus is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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