| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.97% |
| NAV | ₹44.23 (17 Sep 2020) |
|---|---|
| Fund Started | 08 Jun 2005 |
| Fund Size | ₹4,948 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.9% |
| Reliance Industries Ltd. | Energy | Equity | 7.6% |
| Infosys Ltd. | Technology | Equity | 5.8% |
| ICICI Bank Ltd. | Financial | Equity | 4.7% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.4% |
| Grasim Industries Ltd. | Construction | Equity | 4.1% |
| ITC Ltd. | FMCG | Equity | 3.5% |
| Bharti Airtel Ltd. | Communication | Equity | 3.4% |
| Uttar Pradesh Power Corporation Ltd | Engineering | Debenture | 3.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.0% |
Nippon India Equity Hybrid Fund Growth is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 08 Jun 2005. Amit Tripathi, Sanjay Parekh is the Current Fund Manager of Nippon India Equity Hybrid Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,948 Cr and the Latest NAV as of 17 Sep 2020 is ₹44.23.
The Nippon India Equity Hybrid Fund Growth 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.