This fund is a good choice within index funds mutual funds.
Scripbox recommends other funds for investment in Index Funds.
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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).
The primary investment objective of the scheme is to replicate the composition of the Sensex,with a view to generate returns that are commensurate with the performance of the Sensex,subject to tracking errors.
Low
Moderately Low
Moderate
Moderately High
High
Moderately High risk
0.23%
Expense Ratio
28th Sep, 2010
Launched (10y ago)
₹
96
AUM in Crores
INF204K01IM6
ISIN
No Lock-in
Lock-in
S&P BSE SENSEX TR INR
Benchmark
₹
1000
SIP Minimum
₹
5000
Lumpsum Min.
Fund Managers
Mehul Dama
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
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.
Nippon Life India Asset Management Ltd manages assets worth ₹ 175,847 crores. It's current offering of mutual fund schemes includes 87 equity, 369 debt and 31 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Top Ranked
These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.
Not Recommended
Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
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About Nippon India Index Fund Sensex Plan (Growth)
About Nippon India Index Fund Sensex Plan (Growth)
Nippon India Index Fund Sensex Plan (Growth) is a Index Funds Equity fund and has delivered an annualised return of 7.06% over a period of 10 years.
The fund was previously known as Reliance Index Sensex Gr.
The fund is managed by Nippon Life India Asset Management Ltd.
The fund manager’s name is Mehul Dama.
Nippon India Index Fund Sensex Plan (Growth) Investment Objective
The primary investment objective of the scheme is to replicate the composition of the Sensex,with a view to generate returns that are commensurate with the performance of the Sensex,subject to tracking errors.
However, there is no assurance that the objective of the scheme will be realized.
Nippon India Index Fund Sensex Plan (Growth) NAV, AUM and Risk
The fund was launched on 2010-09-28. The NAV of the fund as of 2020-10-27 is ₹ 20.07. The total AUM of the fund as of 2020-10-27 is ₹ 96 Cr. The category risk of the fund is Moderately High risk
The fund charges 0.23 % as expense ratio.
Nippon India Index Fund Sensex Plan (Growth) Holdings
The fund’s highest allocation is towards equity and has invested 99.62% in this asset class.
The top three holdings of the fund are reliance industries ltd, hdfc bank ltd and infosys ltd.
Nippon India Index Fund Sensex Plan (Growth) SIP
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.
Nippon India Index Fund Sensex Plan (Growth) Investment volatility and Horizon
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 S&P BSE SENSEX TR INR.
