|Min SIP Amount||Not Supported|
|NAV||₹19.64 (21 Sep 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹226 Cr|
|Reliance Industries Ltd.||Energy||Equity||13.6%|
|HDFC Bank Ltd.||Financial||Equity||10.0%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||6.5%|
|ICICI Bank Ltd.||Financial||Equity||5.6%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.9%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.2%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.9%|
|Axis Bank Ltd.||Financial||Equity||2.5%|
Nippon India Index Fund Nifty Plan 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. Payal Kaipunjal is the Current Fund Manager of Nippon India Index Fund Nifty Plan Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹226 Cr and the Latest NAV as of 21 Sep 2020 is ₹19.64.
The Nippon India Index Fund Nifty Plan Direct Bonus is rated Moderately High risk. Minimum SIP Investment is set to 100. Exit load of 0.25% if redeemed within 7 days
The scheme seeks to replicate the composition of the NIFTY, with a view to generate returns that are commensurate with the performance of the NIFTY, subject to tracking errors.
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.