| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.36% |
| NAV | ₹86.36 (29 Oct 2020) |
|---|---|
| Fund Started | 08 May 2004 |
| Fund Size | ₹1,068 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | Equity | 9.3% |
| Reliance Industries Ltd. | Energy | Equity | 8.8% |
| Bharti Airtel Ltd. | Communication | Equity | 7.3% |
| Bharat Electronics Ltd. | Engineering | Equity | 5.4% |
| Ultratech Cement Ltd. | Construction | Equity | 5.1% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 4.8% |
| GE Power India Ltd. | Construction | Equity | 4.3% |
| KEC International Ltd. | Engineering | Equity | 4.0% |
| Power Grid Corporation of India Ltd. | Energy | Equity | 3.5% |
| Tata Power Co. Ltd. | Energy | Equity | 3.0% |
Nippon India Power & Infra Fund Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 08 May 2004. Sanjay Doshi is the Current Fund Manager of Nippon India Power & Infra Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,068 Cr and the Latest NAV as of 29 Oct 2020 is ₹86.36.
The Nippon India Power & Infra Fund Growth is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 month.
The scheme seeks long term capital appreciation by investing in equity/equity related instruments of the companies that are engaged in or allied to the power and infrastructure space in India.
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.