Fund Details
Nippon India Equity Hybrid Fund Direct IDCW Quarterly
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.28% |
| NAV | ₹17.47 (23 Jul 2021) |
|---|---|
| Fund Started | 11 Oct 2013 |
| Fund Size | ₹3,964 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
1. 3Y Returns are lower than the category average returns
2. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 8.0% |
| HDFC Bank Ltd. | Financial | Equity | 7.6% |
| ICICI Bank Ltd. | Financial | Equity | 5.4% |
| Reliance Industries Ltd. | Energy | Equity | 4.8% |
| Uttar Pradesh Power Corporation Ltd | Engineering | Debenture | 3.8% |
| Axis Bank Ltd. | Financial | Equity | 3.4% |
| Grasim Industries Ltd. | Construction | Equity | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.3% |
| Bharti Airtel Ltd. | Communication | Equity | 3.0% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 2.7% |
Fund Managers
Nippon India Equity Hybrid Fund Direct IDCW Quarterly Details
Nippon India Equity Hybrid Fund Direct IDCW 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 IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹3,964 Cr and the Latest NAV as of 23 Jul 2021 is ₹17.47.
The Nippon India Equity Hybrid Fund Direct IDCW Quarterly is rated Very 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.
Investment Objective
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.
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.
