| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.98% |
| NAV | ₹42.06 (13 Jul 2020) |
|---|---|
| Fund Started | 26 Dec 2006 |
| Fund Size | ₹3,514 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.8% |
| ICICI Bank Ltd. | Financial | Equity | 5.7% |
| Reliance Industries Ltd. | Energy | Equity | 5.4% |
| State Bank of India | Financial | Equity | 4.9% |
| ITC Ltd. | FMCG | Equity | 4.7% |
| Bharti Airtel Ltd. | Communication | Equity | 4.3% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.3% |
| Infosys Ltd. | Technology | Equity | 4.1% |
| Motherson Sumi Systems Ltd. | Automobile | Equity | 3.9% |
| Honeywell Automation India Ltd. | Engineering | Equity | 3.8% |
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 ₹3,514 Cr and the Latest NAV as of 13 Jul 2020 is ₹42.06.
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 primary investment objective of the scheme is to seek to generate long term capital appreciation &provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and Derivatives predominantly in Mid Cap and Small Cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities. However there can be no assurance that the investment objective of the scheme will be realized, as actual marketmovements may be at variance with anticipated trends.
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.