Fund Details
Nippon India Quant Fund Retail Direct Bonus
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.20% |
| NAV | ₹35.18 (16 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹27 Cr |
Returns
Comparison
1. Lower expense ratio - 0.2%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.1% |
| HDFC Bank Ltd. | Financial | Equity | 5.8% |
| ICICI Bank Ltd. | Financial | Equity | 5.6% |
| Infosys Ltd. | Technology | Equity | 5.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.4% |
| State Bank of India | Financial | Equity | 5.0% |
| Bharti Airtel Ltd. | Communication | Equity | 4.3% |
| HCL Technologies Ltd. | Technology | Equity | 4.2% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.5% |
| Grasim Industries Ltd. | Construction | Equity | 3.1% |
Fund Managers
Nippon India Quant Fund Retail Direct Bonus Details
Nippon India Quant Fund Retail Direct Bonus is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Ashutosh Bhargava, Arun Sundaresan is the Current Fund Manager of Nippon India Quant Fund Retail Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹27 Cr and the Latest NAV as of 16 Apr 2021 is ₹35.18.
The Nippon India Quant Fund Retail Direct Bonus is rated Very High risk. Minimum SIP Investment is set to 100. Exit load of 0.25% if redeemed within 1 month
Investment Objective
The Scheme seeks to generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected on the basis of a Quant model.
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.
