| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.21% |
| NAV | ₹12.55 (22 Oct 2020) |
|---|---|
| Fund Started | 11 Oct 2013 |
| Fund Size | ₹4,643 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.3% |
| HDFC Bank Ltd. | Financial | Equity | 7.8% |
| Infosys Ltd. | Technology | Equity | 6.5% |
| ICICI Bank Ltd. | Financial | Equity | 4.5% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.5% |
| Grasim Industries Ltd. | Construction | Equity | 4.3% |
| ITC Ltd. | FMCG | Equity | 3.4% |
| Uttar Pradesh Power Corporation Ltd | Engineering | Debenture | 3.2% |
| Nirma Ltd. | FMCG | NCD | 3.1% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.0% |
Nippon India Equity Hybrid Fund Direct Dividend Quarterly is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 11 Oct 2013. Amit Tripathi, Sanjay Parekh is the Current Fund Manager of Nippon India Equity Hybrid Fund Direct Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹4,643 Cr and the Latest NAV as of 22 Oct 2020 is ₹12.55.
The Nippon India Equity Hybrid Fund Direct Dividend Quarterly is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500. For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months.
The scheme aims to generate consistent returns by investing a major portion in equity and a small portion in debt and money market instruments. It will invest upto 50 per cent of its assets in equities and equity related securities and atleast 25 per cent of its assets in debt and money market instruments with an average maturity of 1 to 7 years.
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.