|Min SIP Amount||₹100|
|NAV||₹31.07 (20 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹113 Cr|
|Bharti Airtel Ltd.||Communication||Equity||8.8%|
|Mahindra & Mahindra Ltd.||Automobile||Equity||8.2%|
|Hindustan Unilever Ltd.||FMCG||Equity||6.4%|
|Asian Paints Ltd.||Chemicals||Equity||5.8%|
|Maruti Suzuki India Ltd.||Automobile||Equity||5.6%|
|Tata Consumer Products Ltd.||FMCG||Equity||4.3%|
|Dixon Technologies (India) Ltd.||Engineering||Equity||4.1%|
|Sun TV Network Ltd.||Services||Equity||3.9%|
|Bajaj Auto Ltd||Automobile||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 ₹113 Cr and the Latest NAV as of 20 Jan 2021 is ₹31.07.
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 scheme seeks long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies that are likely to benefit directly or indirectly from the domestic consumption led demand.
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.