Nippon India Consumption Fund Growth-0.67%

1.64%
1 Year Return
Equity
Sectoral/Thematic
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Consumption Fund Growth

RiskHigh
Min SIP Amount₹100
Expense Ratio2.76%
NAV70.10 (29 Oct 2020)
Fund Started30 Sep 2004
Fund Size93 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Consumption Fund Growth
1.6%
3.8%
5.5%
12.9%
Category Average
-0.2%
3.1%
8.5%
-
Rank within category
3
4
8
-
*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 1.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Age is more than 10 years
    3. 1Y Returns are higher than the category average returns
    4. 3Y 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. Risk is higher compared to the benchmark
    4. Higher expense ratio
    5. 1Y Returns are lower than the benchmark
    6. 3Y Returns are lower than the benchmark
    7. 5Y Returns are lower than the benchmark
    8. 10Y Returns are lower than the benchmark
    9. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    10. Risk-adjusted returns are lower compared to the category
    11. Higher expense ratio - 2.76%
    12. 5Y Returns are lower than the category average returns
    13. 10Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Bharti Airtel Ltd.CommunicationEquity8.7%
    ITC Ltd.FMCGEquity8.4%
    Mahindra & Mahindra Ltd.AutomobileEquity7.5%
    Asian Paints Ltd.ChemicalsEquity7.0%
    Hindustan Unilever Ltd.FMCGEquity6.7%
    Maruti Suzuki India Ltd.AutomobileEquity5.8%
    Sun TV Network Ltd.ServicesEquity5.5%
    Bajaj Auto LtdAutomobileEquity5.0%
    Hero Motocorp Ltd.AutomobileEquity4.8%
    Dixon Technologies (India) Ltd.EngineeringEquity4.7%
    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
    addAmar Kalkundrikar
    Education
    Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.
    Experience
    Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.
    Funds Managed

    Nippon India Consumption Fund Growth Details

    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.

    Investment Objective

    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.

    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)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 1 month.
    Exit Load

    Compare Funds

    Nippon India Consumption Fund Growth
    VS
    search

    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
    Nippon India 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,
    Similar Funds
    Data not available