Fund Details
Nippon India Equity Hybrid Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.99% |
| NAV | ₹57.68 (12 May 2021) |
|---|---|
| Fund Started | 08 Jun 2005 |
| Fund Size | ₹3,943 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
1. Higher expense ratio - 1.99%
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.5% |
| Infosys Ltd. | Technology | Equity | 7.8% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| Reliance Industries Ltd. | Energy | Equity | 4.5% |
| Grasim Industries Ltd. | Construction | Equity | 4.3% |
| Uttar Pradesh Power Corporation Ltd | Engineering | Debenture | 3.8% |
| Axis Bank Ltd. | Financial | Equity | 3.3% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.0% |
| Bharti Airtel Ltd. | Communication | Equity | 3.0% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 2.9% |
Fund Managers
Nippon India Equity Hybrid Fund Growth Details
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 ₹3,943 Cr and the Latest NAV as of 12 May 2021 is ₹57.68.
The Nippon India Equity Hybrid Fund Growth 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.
