Fund Details
Nippon India Equity Hybrid Fund IDCW Monthly
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.04% |
| NAV | ₹11.79 (23 Jul 2021) |
|---|---|
| Fund Started | 09 Aug 2016 |
| Fund Size | ₹3,964 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
1. Higher expense ratio - 2.04%
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 |
|---|---|---|---|
| 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 IDCW Monthly Details
Nippon India Equity Hybrid Fund IDCW Monthly is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 09 Aug 2016. Amit Tripathi, Sanjay Parekh is the Current Fund Manager of Nippon India Equity Hybrid Fund IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹3,964 Cr and the Latest NAV as of 23 Jul 2021 is ₹11.79.
The Nippon India Equity Hybrid Fund IDCW Monthly is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500. Exit load of 1% if redeemed 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.
