Fund Details
Nippon India Index Fund Sensex Plan Direct Dividend Yearly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.10% |
| NAV | ₹20.64 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹126 Cr |
Returns
Comparison
1. Lower expense ratio - 0.1%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 12.3% |
| HDFC Bank Ltd. | Financial | Equity | 11.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 8.8% |
| Infosys Ltd. | Technology | Equity | 8.8% |
| ICICI Bank Ltd. | Financial | Equity | 7.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.8% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.1% |
| ITC Ltd. | FMCG | Equity | 3.5% |
| Axis Bank Ltd. | Financial | Equity | 3.1% |
Fund Managers
Nippon India Index Fund Sensex Plan Direct Dividend Yearly Details
Nippon India Index Fund Sensex Plan Direct Dividend 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 Sensex Plan Direct Dividend Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹126 Cr and the Latest NAV as of 25 Jan 2021 is ₹20.64.
The Nippon India Index Fund Sensex Plan Direct Dividend 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 Sensex, with a view to generate returns that are commensurate with the performance of the Sensex, 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.
