| Launch date | 16 Apr 2025 |
| Allotment date | 07 May 2025 |
| End date | 30 Apr 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Jitendra TolaniApr 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #4 in India |
|---|---|
| Total AUM | ₹5,60,218.54Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Nippon India Nifty 500 Quality 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Jitendra Tolani is the Current Fund Manager of Nippon India Nifty 500 Quality 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,60,219 Cr and the Latest NAV as of 16 Apr 2025 is ₹10.00. The Nippon India Nifty 500 Quality 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. ;
Investment Objective
The scheme seeks to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty 500 Quality 50 Index before expenses, subject to tracking errors. ;
| Fund benchmark | Nifty500 Quality 50 Total Return Index |
|---|
Peer Comparison
| Equity, Flexi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
JM Flexicap Fund Direct Plan Growth | 5 | 9.8% | 24.3% | 5,263.18 |
HDFC Flexi Cap Direct Plan Growth | 5 | 19.4% | 22.9% | 69,639.05 |
Franklin India Flexi Cap Fund Direct Growth | 4 | 13.2% | 18.9% | 17,393.86 |
Parag Parikh Flexi Cap Fund Direct Growth | 5 | 14.8% | 18.7% | 93,440.89 |
HSBC Flexi Cap Fund Direct Growth | 4 | 11.7% | 18.2% | 4,547.47 |
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