| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.98% |
| NAV | ₹395.13 (01 Jul 2020) |
|---|---|
| Fund Started | 09 Aug 2007 |
| Fund Size | ₹5,592 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Varun Beverages Ltd. | FMCG | Equity | 5.1% |
| Tata Consumer Products Ltd. | FMCG | Equity | 3.4% |
| Cholamandalam Financial Holdings Ltd. | Financial | Equity | 2.9% |
| Balkrishna Industries Ltd. | Automobile | Equity | 2.5% |
| Colgate-Palmolive (India) Ltd. | FMCG | Equity | 2.4% |
| MRF Ltd. | Automobile | Equity | 2.4% |
| Sanofi India Ltd. | Healthcare | Equity | 2.4% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 2.4% |
| SRF Ltd. | Diversified | Equity | 2.3% |
| Bharat Forge Ltd. | Automobile | Equity | 2.1% |
Nippon India Growth Fund Institutional Dividend is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 09 Aug 2007. Manish Gunwani is the Current Fund Manager of Nippon India Growth Fund Institutional Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹5,592 Cr and the Latest NAV as of 01 Jul 2020 is ₹395.13.
The Nippon India Growth Fund Institutional Dividend 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.
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.