• Mutual Funds
  • Nippon Mutual Fund
  • Nippon India Nifty IT Index Fund (Growth)
Nippon Mutual Fund

Nippon India Nifty IT Index Fund (Growth)

EquityIndex Funds

8.7748

NAV (Apr 18)

-12.3%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

Invest in this fund
Scripbox Recommended Equity Funds
Want the equity funds that are right for your long term equity investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

8.7748

NAV (Apr 18)

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
-12.3%
6 Month CAGR
NA

Scheme Information

Investment Objective

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
93.030
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

Himanshu Mange

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Nifty IT Index Fund (Growth)70%NaN NaN%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-04-18

Top Stock Holdings

infosys ltd

26.4%
26.4%

tata consultancy services ltd

24.4%
24.4%

hcl technologies ltd

10.2%
10.2%

tech mahindra ltd

9.8%
9.8%

wipro ltd

8.4%
8.4%
See all holdings

Allocation by Sector

technology

98.5%
98.5%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP ELSS Tax Saver Fund (G)
DSP ELSS Tax Saver Fund (G)

₹ 14,075 cr

₹ 17,313 cr

₹ 21,475 cr

₹ 53,505 cr

₹ 41,281 cr

amc-img

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 339,098 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 105 equity,425 debt and 71 hybrid funds.amc-img
phone-img022-33031000
Fund NameScripbox Opinion
Till Date CAGR

5.5%

6.9%

5.5%

6.7%

5.5%

5.8%

5.5%

6.7%

5.5%

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 -12.3% 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 4/18/2024 is ₹8.77 with the total AUM as of 4/19/2024 is ₹93.03. 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)?

Nippon India Nifty IT Index Fund (G) is a Index Funds Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

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.