Fund Details
Nippon India Growth Fund Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.93% |
| NAV | ₹61.93 (15 Jan 2021) |
|---|---|
| Fund Started | 08 Oct 1995 |
| Fund Size | ₹8,188 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. 1Y Returns are higher than the benchmark
4. Age is more than 10 years
5. Lower expense ratio - 1.87%
6. 3Y Returns are higher than the category average returns
7. 5Y Returns are higher than the category average returns
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. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. 10Y Returns are lower than the benchmark
6. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
7. Risk-adjusted returns are lower compared to the category
8. 1Y Returns are lower than the category average returns
9. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Cholamandalam Financial Holdings Ltd. | Financial | Equity | 4.6% |
| Varun Beverages Ltd. | FMCG | Equity | 4.5% |
| ICICI Bank Ltd. | Financial | Equity | 3.2% |
| SRF Ltd. | Diversified | Equity | 2.8% |
| Bharat Forge Ltd. | Automobile | Equity | 2.7% |
| Emami Ltd. | FMCG | Equity | 2.7% |
| Ashok Leyland Ltd. | Automobile | Equity | 2.6% |
| Voltas Ltd. | Cons Durable | Equity | 2.5% |
| Balkrishna Industries Ltd. | Automobile | Equity | 2.4% |
| Apollo Tyres Ltd. | Automobile | Equity | 2.2% |
Fund Managers
Nippon India Growth Fund Dividend Details
Nippon India Growth Fund Dividend is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 08 Oct 1995. Manish Gunwani is the Current Fund Manager of Nippon India Growth Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹8,188 Cr and the Latest NAV as of 15 Jan 2021 is ₹61.93.
The Nippon India Growth Fund Dividend 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.
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.
