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).
No single fund can achieve what a plan can. Learn why
Historical NAV
₹ 29.309
NAV (Sep 17)
Fund Returns
Last 1Y
51.9%
Last 3Y
16.6%
Last 5Y
15.9%
Last 10Y
13.5%
Since Inception
10.3%
6 Month CAGR
18.9%
Scheme Information
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.
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 239,589 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 90 equity,369 debt and 34 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.
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
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund 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.
Fund 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 Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About Nippon India Index Fund Sensex Plan (G)
About Nippon India Index Fund Sensex Plan (G)
Nippon India Index Fund Sensex Plan (G) is a Index Funds Equity fund and has delivered an annualised return of 10.3% 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 (G) 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 (G) NAV,AUM,Risk
The Nippon India Index Fund Sensex Plan (G) fund was launched on Sep 28, 2010. The NAV (Net Asset Value) of this Index Funds Equity fund as of 2021-09-17 is ₹29.31. The total AUM (Asset Under Management) of the fund as of 20/09/2021 is ₹189.987. The category risk of the Nippon India Index Fund Sensex Plan (G) fund is Very High Risk. The fund charges 0.55 % as expense ratio.
Nippon India Index Fund Sensex Plan (G) Holdings
The fund’s highest allocation is towards Equity and has invested 100.2% in this asset class. The top three holdings of the fund are , reliance industries ltd , hdfc bank ltd , infosys ltd , housing development finance corp ltd , icici bank ltd , tata consultancy services ltd , hindustan unilever ltd , kotak mahindra bank ltd , axis bank ltd , larsen & toubro ltd , bajaj finance ltd , itc ltd , state bank of india , bharti airtel ltd , asian paints ltd , hcl technologies ltd , tata steel ltd , bajaj finserv ltd , tech mahindra ltd , ultratech cement ltd , maruti suzuki india ltd , sun pharmaceuticals industries ltd , titan co ltd , mahindra & mahindra ltd , nestle india ltd , net current assets , ntpc ltd , dr reddy's laboratories ltd , indusind bank ltd , power grid corp of india ltd , triparty repo , bajaj auto ltd
Nippon India Index Fund Sensex Plan (G) 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 (G) 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
Nippon India Index Fund Sensex Plan (G) Review
Nippon India Index Fund Sensex Plan (G) has a score of 4 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 Sensex Plan (G) has a score of 2 out of 5
Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.
