Formerly Reliance Index Nifty HY DP
₹ 20.4481
NAV (Mar 02)
Neutral
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Index funds funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
11 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
283 Cr. Medium within the category
Category View
Superior. The category has a superior investment outlook
Consistency Of Performance
Poor. The historical performance of the fund has been poor
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Scheme Information
The primary investment objective of the scheme is to replicate the composition of the Nifty 50,with a view to generate returns that are commensurate with the performance of the Nifty 50,subject to tracking errors.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
1.27 %
Expense Ratio
Sep 28, 2010
Launched (11y ago)
₹ 283
AUM in Crores
INF204K01IH6
ISIN
No Lock-in
Lock-in
IISL Nifty 50 TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
Comparison with Equity Funds
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About the AMC
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 190,624 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 87 equity,369 debt and 34 hybrid funds.
Liquid
Recommended
Top Ranked
₹ 19,337 Cr
Fund Size
5.9%
3Y returns
Mid Cap
Recommended
Top Ranked
₹ 8,153 Cr
Fund Size
11.6%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
5.1%
3Y returns
Mid Cap
Top Ranked
₹ 8,153 Cr
Fund Size
10.3%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
3.9%
3Y returns
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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Nippon India Index Fund Nifty Plan (DP-6M) is a index funds equity fund and has delivered an annualised return of 8.8% over a period of 11 years .The fund was previously known as Reliance Index Nifty HY DP.The fund is managed by Nippon Life India Asset Management Ltd.The fund manager’s name is Mehul Dama.
The primary investment objective of the scheme is to replicate the composition of the Nifty 50,with a view to generate returns that are commensurate with the performance of the Nifty 50,subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized.
The Nippon India Index Fund Nifty Plan (DP-6M) fund was launched on Sep 28, 2010. The NAV (Net Asset Value) of this index funds equity as of 2021-03-02 is ₹ 20.4481. The total AUM (Asset Under Management) of the fund as of 2021-03-02 is ₹ 282.887. The category risk of the Nippon India Index Fund Nifty Plan (DP-6M) fund is Very High Risk. The fund charges 1.27 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 99.7% in this asset class. The top three holdings of the fund are hdfc bank ltd,reliance industries ltd shs dematerialised and infosys ltd
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 50 TR INR
Nippon India Index Fund Nifty Plan (DP-6M) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Index Fund Nifty Plan (DP-6M) has a score of 3 out of 5. Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.