Nippon India Consumption Fund Direct Bonus+0.37%

3
8.89%
1 Year Return
Equity
Sectoral/Thematic
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Consumption Fund Direct Bonus

RiskHigh
Min SIP AmountNot Supported
Expense Ratio2.00%
NAV71.13 (09 Jul 2020)
Fund Started01 Jan 2013
Fund Size79 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Consumption Fund Direct Bonus
8.9%
2.5%
7.0%
8.1%
Category Average
-3.4%
NA
NA
-
Rank within category
2
6
6
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.9% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    Cons
    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. Higher expense ratio - 2.0%

    Top Holdings

    NameSectorInstrument% Assets
    ITC Ltd.FMCGEquity11.4%
    Bharti Airtel Ltd.CommunicationEquity11.3%
    Hindustan Unilever Ltd.FMCGEquity7.8%
    Maruti Suzuki India Ltd.AutomobileEquity5.7%
    Hero Motocorp Ltd.AutomobileEquity5.4%
    Dixon Technologies (India) Ltd.EngineeringEquity5.0%
    Tata Consumer Products Ltd.FMCGEquity4.7%
    Mahindra & Mahindra Ltd.AutomobileEquity4.4%
    Asian Paints Ltd.ChemicalsEquity4.3%
    United Spirits Ltd.FMCGEquity3.8%
    See All

    Fund Managers

    addSailesh Raj Bhan
    Education
    Mr. Bhan is an MBA (Finance) and CFA.
    Experience
    Mr. Sailesh Raj Bhan has about 19 years experience in equity research and fund management, with over 10 years at Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited). He manages diversified equity schemes like Reliance Equity Opportunities Fund (the largest Flexicap Scheme in India with assets of USD 800 million) since its inception in 2005 and Reliance Top200 Fund (a large cap diversified equity fund) since its inception in 2007. In addition, for over 9 years, he has been managing two specialized sector funds - Reliance Pharma Sector Fund (the largest pharma sector fund in India) and Reliance Media and Entertainment Fund.
    Funds Managed
    addJahnvee Shah
    Education
    Ms. Shah is a B.Sc and an MBA (Finance).
    Experience
    Prior to joining Reliance Mutual Fund she has worked with Financial Express
    Funds Managed

    Nippon India Consumption Fund Direct Bonus Details

    Nippon India Consumption Fund 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. Sailesh Raj Bhan, Jahnvee Shah is the Current Fund Manager of Nippon India Consumption Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹79 Cr and the Latest NAV as of 09 Jul 2020 is ₹71.13.

    The Nippon India Consumption Fund Direct Bonus is rated High risk. Minimum SIP Investment is set to 100. Exit load of 1% if redeemed within 1 month.

    Investment Objective

    The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies that are likely to benefi t directly or indirectly from the domestic consumption led demand. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

    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.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Exit load of 1% if redeemed within 1 month.
    Exit Load

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    About Nippon India Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    Launch Date
    30 Jun 1995
    Reliance Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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