|Min SIP Amount||₹100|
|NAV||₹17.01 (10 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹4,929 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.1%|
|Larsen & Toubro Ltd.||Construction||Equity||5.6%|
|Reliance Industries Ltd.||Energy||Equity||5.5%|
|ICICI Bank Ltd.||Financial||Equity||5.4%|
|Grasim Industries Ltd.||Construction||Equity||4.1%|
|Bharti Airtel Ltd.||Communication||Equity||3.5%|
|Adani Ports and Special Economic Zone Ltd.||Services||Equity||3.5%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||3.2%|
Nippon India Equity Hybrid Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amit Tripathi, Sanjay Parekh is the Current Fund Manager of Nippon India Equity Hybrid Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹4,929 Cr and the Latest NAV as of 10 Jul 2020 is ₹17.01.
The Nippon India Equity Hybrid Fund Direct Dividend 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.
Reliance RSF Balanced Option endeavors to generate superior risk adjusted returns by investing in a combination of Equities and Fixed Income instruments. The fund attempts to optimize the benefit of Equity Growth potential with relative stability of fixed income investments. On the equity space the fund invests primarily in the large cap with a tactical exposure to emerging leaders to generate alpha. The fixed income strategy is focused on generating higher accrual through investments in high quality instruments with a moderate duration.
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.