Nippon India Growth Fund Direct Bonus-0.22%

6.93%
1 Year Return
Equity
Mid Cap
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Growth Fund Direct Bonus

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.23%
NAV203.71 (29 Oct 2020)
Fund Started01 Jan 2013
Fund Size7,040 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Growth Fund Direct Bonus
6.9%
1.8%
8.5%
11.9%
Category Average
8.4%
0.6%
7.3%
-
Rank within category
16
10
10
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.9% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 1.23%
    Cons
    1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the category average returns
    4. 3Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Varun Beverages Ltd.FMCGEquity4.1%
    Cholamandalam Financial Holdings Ltd.FinancialEquity3.7%
    Balkrishna Industries Ltd.AutomobileEquity3.3%
    Sanofi India Ltd.HealthcareEquity2.5%
    Bharat Forge Ltd.AutomobileEquity2.4%
    Voltas Ltd.Cons DurableEquity2.4%
    Tata Consumer Products Ltd.FMCGEquity2.3%
    SRF Ltd.DiversifiedEquity2.2%
    Emami Ltd.FMCGEquity2.1%
    Ashok Leyland Ltd.AutomobileEquity2.0%
    See All

    Fund Managers

    Nippon India Growth Fund Direct Bonus Details

    Nippon India Growth Fund Direct Bonus is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Manish Gunwani is the Current Fund Manager of Nippon India Growth Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹7,040 Cr and the Latest NAV as of 29 Oct 2020 is ₹203.71.

    The Nippon India Growth Fund Direct Bonus is rated Moderately High risk. Minimum SIP Investment is set to 100. For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.

    Investment Objective

    The scheme aims at long term growth of capital through research based investment approach. The funds will be invested in Equity and equity related instruments ,and there will be an exposure to debt and money market instruments also.

    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.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
    Exit Load

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    About Nippon India Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    Launch Date
    30 Jun 1995
    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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