Nippon India Nifty Auto ETF (G)

Nippon India Nifty Auto ETF (G) is an Exchange Traded Fund which is benchmarked to . Nippon India Nifty Auto ETF (G) is managed by the Nippon India Mutual Fund with the fund manager being Himanshu Mange. The Nippon India Nifty Auto ETF (G) was launched on 2022-01-20 with no lock-in period. Since its inception, the fund has delivered 26.317% as a return on investment.The fund has delivered a 1-year return of 22.409%.

As on 14 Jan, 2025 the NAV of the fund is Rs 232.92 and the AUM is Rs 312.21 crores. The fund charges an expense ratio of 0.22% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to , the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Nippon India Nifty Auto ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of Nippon India Nifty Auto ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.