| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.20% |
| NAV | ₹27.92 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹22 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.1% |
| HCL Technologies Ltd. | Technology | Equity | 6.6% |
| Infosys Ltd. | Technology | Equity | 6.2% |
| HDFC Bank Ltd. | Financial | Equity | 5.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.6% |
| ICICI Bank Ltd. | Financial | Equity | 5.4% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 5.0% |
| Nestle India Ltd. | FMCG | Equity | 4.7% |
| Hero Motocorp Ltd. | Automobile | Equity | 4.6% |
| Bharti Airtel Ltd. | Communication | Equity | 4.3% |
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 ₹22 Cr and the Latest NAV as of 23 Oct 2020 is ₹27.92.
The Nippon India Quant Fund Retail Direct Growth is rated 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.