Fund Details
Nippon India Focused Equity Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.92% |
| NAV | ₹64.30 (12 May 2021) |
|---|---|
| Fund Started | 26 Dec 2006 |
| Fund Size | ₹4,897 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
1. Higher expense ratio - 1.92%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 8.3% |
| State Bank of India | Financial | Equity | 8.0% |
| ICICI Bank Ltd. | Financial | Equity | 7.9% |
| Axis Bank Ltd. | Financial | Equity | 5.6% |
| Bharti Airtel Ltd. | Communication | Equity | 5.5% |
| HDFC Bank Ltd. | Financial | Equity | 5.0% |
| ITC Ltd. | FMCG | Equity | 4.9% |
| Reliance Industries Ltd. | Energy | Equity | 4.0% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.8% |
| Honeywell Automation India Ltd. | Engineering | Equity | 3.4% |
Fund Managers
Nippon India Focused Equity Fund Growth Details
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 ₹4,897 Cr and the Latest NAV as of 12 May 2021 is ₹64.30.
The Nippon India Focused Equity Fund Growth is rated Very 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.
Investment Objective
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.
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.
