|Min SIP Amount||₹100|
|NAV||₹70.10 (29 Oct 2020)|
|Fund Started||30 Sep 2004|
|Fund Size||₹93 Cr|
|Bharti Airtel Ltd.||Communication||Equity||8.7%|
|Mahindra & Mahindra Ltd.||Automobile||Equity||7.5%|
|Asian Paints Ltd.||Chemicals||Equity||7.0%|
|Hindustan Unilever Ltd.||FMCG||Equity||6.7%|
|Maruti Suzuki India Ltd.||Automobile||Equity||5.8%|
|Sun TV Network Ltd.||Services||Equity||5.5%|
|Bajaj Auto Ltd||Automobile||Equity||5.0%|
|Hero Motocorp Ltd.||Automobile||Equity||4.8%|
|Dixon Technologies (India) Ltd.||Engineering||Equity||4.7%|
Nippon India Consumption Fund Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Sep 2004. Sailesh Raj Bhan is the Current Fund Manager of Nippon India Consumption Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹93 Cr and the Latest NAV as of 29 Oct 2020 is ₹70.10.
The Nippon India Consumption Fund Growth 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.