| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.37% |
| NAV | ₹87.25 (05 Aug 2020) |
|---|---|
| Fund Started | 08 May 2004 |
| Fund Size | ₹1,050 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | Equity | 9.0% |
| Reliance Industries Ltd. | Energy | Equity | 8.1% |
| Bharti Airtel Ltd. | Communication | Equity | 7.5% |
| KEC International Ltd. | Engineering | Equity | 7.1% |
| Bharat Electronics Ltd. | Engineering | Equity | 5.5% |
| Ultratech Cement Ltd. | Construction | Equity | 5.0% |
| GE Power India Ltd. | Construction | Equity | 4.6% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 4.1% |
| Apar Industries Ltd. | Engineering | Equity | 3.1% |
| Jindal Stainless (Hisar) Ltd. | Metals | Equity | 2.9% |
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 ₹1,050 Cr and the Latest NAV as of 05 Aug 2020 is ₹87.25.
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 primary investment objective of the Scheme is to generate consistent returns by investing in equity / equity related or fixed income securities of power and other companies associated with the power sector.
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.