Fund Details
Nippon India Index Fund Nifty Plan Dividend Half Yearly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.11% |
| NAV | ₹20.00 (21 Jan 2021) |
|---|---|
| Fund Started | 28 Sep 2010 |
| Fund Size | ₹288 Cr |
Returns
Comparison
1. Risk is lower compared to the benchmark
2. 3Y Returns are higher than the category average returns
3. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. Risk-adjusted returns are lower compared to the category
7. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 10.7% |
| HDFC Bank Ltd. | Financial | Equity | 10.4% |
| Infosys Ltd. | Technology | Equity | 7.8% |
| 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% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.6% |
Fund Managers
Nippon India Index Fund Nifty Plan Dividend Half Yearly Details
Nippon India Index Fund Nifty Plan Dividend Half Yearly is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 28 Sep 2010. Payal Kaipunjal is the Current Fund Manager of Nippon India Index Fund Nifty Plan Dividend Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹288 Cr and the Latest NAV as of 21 Jan 2021 is ₹20.00.
The Nippon India Index Fund Nifty Plan 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
Investment Objective
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.
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.
