|Min SIP Amount||₹100|
|NAV||₹20.26 (27 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹288 Cr|
|Reliance Industries Ltd.||Energy||Equity||10.7%|
|HDFC Bank Ltd.||Financial||Equity||10.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||7.7%|
|ICICI Bank Ltd.||Financial||Equity||6.2%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.9%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.6%|
|Larsen & Toubro Ltd.||Construction||Equity||2.6%|
Nippon India Index Fund Nifty Plan Direct Dividend Half Yearly 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 Dividend Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹288 Cr and the Latest NAV as of 27 Jan 2021 is ₹20.26.
The Nippon India Index Fund Nifty Plan Direct Dividend Half Yearly is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. 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.