|Min SIP Amount||₹100|
|NAV||₹39.10 (23 Jul 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹29 Cr|
|HDFC Bank Ltd.||Financial||Equity||5.9%|
|ICICI Bank Ltd.||Financial||Equity||5.6%|
|State Bank of India||Financial||Equity||5.3%|
|Reliance Industries Ltd.||Energy||Equity||5.1%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.0%|
|HCL Technologies Ltd.||Technology||Equity||3.8%|
|Sun Pharmaceutical Industries Ltd.||Healthcare||Equity||3.1%|
|Tata Steel Ltd.||Metals||Equity||3.0%|
Nippon India Quant Fund Retail 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. Ashutosh Bhargava is the Current Fund Manager of Nippon India Quant Fund Retail Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹29 Cr and the Latest NAV as of 23 Jul 2021 is ₹39.10.
The Nippon India Quant Fund Retail Direct Growth is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month
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.
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.