|Min SIP Amount||₹100|
|NAV||₹69.45 (05 Aug 2020)|
|Fund Started||30 Sep 2004|
|Fund Size||₹84 Cr|
|Bharti Airtel Ltd.||Communication||Equity||10.8%|
|Hindustan Unilever Ltd.||FMCG||Equity||7.8%|
|Maruti Suzuki India Ltd.||Automobile||Equity||5.6%|
|Mahindra & Mahindra Ltd.||Automobile||Equity||4.9%|
|Dixon Technologies (India) Ltd.||Engineering||Equity||4.8%|
|Tata Consumer Products Ltd.||FMCG||Equity||4.6%|
|Hero Motocorp Ltd.||Automobile||Equity||4.6%|
|Asian Paints Ltd.||Chemicals||Equity||4.0%|
|United Spirits Ltd.||FMCG||Equity||3.5%|
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 ₹84 Cr and the Latest NAV as of 05 Aug 2020 is ₹69.45.
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 primary investment objective of the Scheme is to generate consistent returns by investing in equity / equity related or fixed income securities of media & entertainment and other associated companies.
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.