|Min SIP Amount||₹100|
|NAV||₹45.47 (18 Sep 2020)|
|Fund Started||26 Dec 2006|
|Fund Size||₹3,923 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.9%|
|ICICI Bank Ltd.||Financial||Equity||6.5%|
|State Bank of India||Financial||Equity||6.4%|
|Bharti Airtel Ltd.||Communication||Equity||4.9%|
|Honeywell Automation India Ltd.||Engineering||Equity||4.7%|
|Ashok Leyland Ltd.||Automobile||Equity||3.7%|
|Reliance Industries Ltd.||Energy||Equity||3.6%|
|Axis Bank Ltd.||Financial||Equity||3.4%|
Nippon India Focused Equity Fund Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 26 Dec 2006. Samir Rachh is the Current Fund Manager of Nippon India Focused Equity Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,923 Cr and the Latest NAV as of 18 Sep 2020 is ₹45.47.
The Nippon India Focused Equity Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
The fund seeks to generate long term capital appreciation by investing in a portfolio of equity & equity related securities up to 30 companies across market capitalization.
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.