|Min SIP Amount||₹100|
|NAV||₹1104.40 (07 Aug 2020)|
|Fund Started||08 Oct 1995|
|Fund Size||₹6,111 Cr|
|Varun Beverages Ltd.||FMCG||Equity||5.1%|
|Cholamandalam Financial Holdings Ltd.||Financial||Equity||3.2%|
|Tata Consumer Products Ltd.||FMCG||Equity||3.0%|
|Balkrishna Industries Ltd.||Automobile||Equity||2.5%|
|Sanofi India Ltd.||Healthcare||Equity||2.2%|
|Colgate-Palmolive (India) Ltd.||FMCG||Equity||2.1%|
|ICICI Bank Ltd.||Financial||Equity||2.0%|
|Aditya Birla Fashion and Retail Ltd.||Services||Equity||2.0%|
Nippon India Growth Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹6,111 Cr and the Latest NAV as of 07 Aug 2020 is ₹1104.40.
The Nippon India Growth 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 primary investment objective is to achieve long term growth of capital by investing in equity and equity related securities through a research based investment approach.
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.