Fund Details
Nippon India Consumption Fund Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.87% |
| NAV | ₹93.23 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹113 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
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. Higher expense ratio - 1.94%
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bharti Airtel Ltd. | Communication | Equity | 8.6% |
| Hindustan Unilever Ltd. | FMCG | Equity | 7.4% |
| ITC Ltd. | FMCG | Equity | 7.3% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 5.9% |
| Burger King India Ltd. | FMCG | Equity | 5.2% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.4% |
| Tata Consumer Products Ltd. | FMCG | Equity | 4.2% |
| Asian Paints Ltd. | Chemicals | Equity | 4.2% |
| Bajaj Auto Ltd | Automobile | Equity | 3.4% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 3.2% |
Fund Managers
Nippon India Consumption Fund Direct Growth Details
Nippon India Consumption Fund Direct Growth 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 is the Current Fund Manager of Nippon India Consumption Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹113 Cr and the Latest NAV as of 25 Jan 2021 is ₹93.23.
The Nippon India Consumption Fund Direct 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.
