|Min SIP Amount||₹100|
|NAV||₹100.76 (22 Jan 2021)|
|Fund Started||28 Mar 2005|
|Fund Size||₹8,506 Cr|
|State Bank of India||Financial||Equity||6.3%|
|Linde India Ltd.||Chemicals||Equity||6.2%|
|Bharti Airtel Ltd.||Communication||Equity||5.4%|
|ICICI Bank Ltd.||Financial||Equity||5.0%|
|Indian Hotels Co. Ltd.||Services||Equity||4.3%|
|HDFC Bank Ltd.||Financial||Equity||3.4%|
|HCL Technologies Ltd.||Technology||Equity||3.1%|
|Max Financial Services Ltd.||Financial||Equity||2.9%|
Nippon India Multi Cap Fund Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 28 Mar 2005. Sailesh Raj Bhan is the Current Fund Manager of Nippon India Multi Cap Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹8,506 Cr and the Latest NAV as of 22 Jan 2021 is ₹100.76.
The Nippon India Multi Cap Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
The scheme aims to invest in stocks across those sectors and industries where India's strong inherent potential is increasingly becoming visible to the world, which are driving our economy and whose fundamental future growth is influenced by ongoing economic reforms, FDI inflows and infrastructural changes.
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.