- Mutual Funds
- Nippon Mutual Fund
- Nippon India Nifty IT Index Fund (Growth)
Nippon India Nifty IT Index Fund (Growth)
₹ 10.5628
NAV (Jul 25)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.5628
NAV (Jul 25)
Fund Returns
Last 1Y | NA |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 5.6% |
6 Month CAGR | NA |
Scheme Information
The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty IT Index before expenses,subject to tracking errors. However,there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Expense Ratio | 0.88 |
Launched (0y ago) | Feb 22, 2024 |
AUM in Crores | 127.752 |
ISIN | INF204KC1CB8 |
Lock-in | No Lock-in |
Benchmark | NIFTY IT TRI TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0 |
Sharpe Ratio (5yr) | 0 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Nifty IT Index Fund (Growth) | NaN | NaN | % | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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.
Asset allocation and Holdings
Top Stock Holdings
infosys ltd
26.9%tata consultancy services ltd
24.7%hcl technologies ltd
9.7%tech mahindra ltd
9.6%wipro ltd
8.8%Allocation by Sector
technology
99.4%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 21,459 cr | ||
₹ 16,283 cr | ||
₹ 24,345 cr | ||
₹ 59,364 cr | ||
₹ 45,470 cr |
About the AMC
Nippon Life India Asset Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.7% | 6.9% | ||
5.7% | 6.7% | ||
5.7% | 5.8% | ||
5.7% | 6.7% | ||
5.7% | 5.8% |
Nippon India Nifty IT Index Fund (G) Review
Nippon India Nifty IT Index Fund (G) is a Index Funds Equity fund and has delivered an annualised return of 5.8% over a period of 0 years. The fund is managed by Nippon Life India Asset Management Ltd. The fund manager’s name is Himanshu Mange.
Nav of Nippon India Nifty IT Index Fund (G) as of 7/25/2024 is ₹10.56 with the total AUM as of 7/26/2024 is ₹127.752. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Nifty IT Index Fund (G) was launched on Feb 22, 2024. The category risk of the fund is Very High Risk.
The minimum SIP amount for Nippon India Nifty IT Index Fund (G) is ₹0 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. Check your estimated returns on mutual funds by using sip calculator.
Nippon India Nifty IT Index Fund (G) 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 NIFTY IT TRI TR INR.
Nippon India Nifty IT Index Fund (G) is rated as a 0 fund in Equity and delivered null% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Nifty IT Index Fund (G).
Frequently Asked Questions
What is Nippon India Nifty IT Index Fund (G)?
How to invest in Nippon India Nifty IT Index Fund (G)?
You can invest in Nippon India Nifty IT Index Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Nippon India Nifty IT Index Fund (G)?
The minimum sip amount for Nippon India Nifty IT Index Fund (G) is ₹0. You can invest in multiples of ₹5000.
Is Nippon India Nifty IT Index Fund (G) good to invest in?
As per Scripbox experts, Nippon India Nifty IT Index Fund (G) is a Not Reviewed Yet fund. You can investNippon India Nifty IT Index Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Nippon India Nifty IT Index Fund (G)?
The expense ratio of the Nippon India Nifty IT Index Fund (G) is 0.88% for regular plan.