Fund Details
Nippon India ETF Long Term Gilt Dividend
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.10% |
| NAV | ₹22.42 (20 Jan 2021) |
|---|---|
| Fund Started | 05 Jul 2016 |
| Fund Size | ₹14 Cr |
Returns
Comparison
1. Lower expense ratio - 0.1%
2. 3Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 42.6% |
| GOI | Sovereign | GOI Sec | 14.4% |
| GOI | Sovereign | GOI Sec | 14.1% |
| GOI | Sovereign | GOI Sec | 13.2% |
| GOI | Sovereign | GOI Sec | 12.9% |
Fund Managers
Nippon India ETF Long Term Gilt Dividend Details
Nippon India ETF Long Term Gilt Dividend is a Others Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 05 Jul 2016. Prashant R.Pimple is the Current Fund Manager of Nippon India ETF Long Term Gilt Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹14 Cr and the Latest NAV as of 20 Jan 2021 is ₹22.42.
The Nippon India ETF Long Term Gilt Dividend is rated Moderate risk. Minimum SIP Investment is set to 5000.
Investment Objective
The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 8-13 yr G-Sec Index before expenses, subject to tracking errors.
Tax Implications
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.
