| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.62% |
| NAV | ₹34.90 (29 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,361 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 7.3% |
| HDFC Bank Ltd. | Financial | Equity | 5.8% |
| Reliance Industries Ltd. | Energy | Equity | 5.0% |
| ICICI Bank Ltd. | Financial | Equity | 3.8% |
| Honeywell Automation India Ltd. | Engineering | Equity | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.9% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.5% |
| Bharti Airtel Ltd. | Communication | Equity | 2.1% |
| Voltas Ltd. | Cons Durable | Equity | 2.1% |
| SRF Ltd. | Diversified | Equity | 2.0% |
Nippon India Vision Direct Dividend is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Ashwani Kumar is the Current Fund Manager of Nippon India Vision Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,361 Cr and the Latest NAV as of 29 Oct 2020 is ₹34.90.
The Nippon India Vision Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
The fund seeks capital appreciation by investing in larger stocks with good fundamentals and good long-term prospects.
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.