| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.00% |
| NAV | ₹23.39 (09 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹79 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ITC Ltd. | FMCG | Equity | 11.4% |
| Bharti Airtel Ltd. | Communication | Equity | 11.3% |
| Hindustan Unilever Ltd. | FMCG | Equity | 7.8% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 5.7% |
| Hero Motocorp Ltd. | Automobile | Equity | 5.4% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 5.0% |
| Tata Consumer Products Ltd. | FMCG | Equity | 4.7% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 4.4% |
| Asian Paints Ltd. | Chemicals | Equity | 4.3% |
| United Spirits Ltd. | FMCG | Equity | 3.8% |
Nippon India Consumption Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹79 Cr and the Latest NAV as of 09 Jul 2020 is ₹23.39.
The Nippon India Consumption Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 month.
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.
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.