Rating : ★ ★ ☆ ☆ ☆
Nippon India Index Fund Nifty Plan Direct Plan Annual Dividend Payout Plan
 ÂIndex Funds
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
0%
Asset Size
282.89 Cr.
(As of 31 Jan, 2021)
Benchmark
IISL Nifty 50 PR INR
Riskometer
Investors understand that their principal will be at Very High Risk.
Objective
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.
 
Fund manager
Mehul Dama
Exit load
0.25 %
(If redeemed within 7 days)Minimum sip
₹500
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
HDFC Bank Ltd
10.26%
Reliance Industries Ltd Ordinary Shares
10.10%
Infosys Ltd
7.79%
Housing Development Finance Corp Ltd Ordinary Shares
7.25%
Sector Allocation
About the Scheme Type
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Ratings
This fund is rated 2 stars by Morning Star Ratings.
★ ★ ☆ ☆ ☆
Overview of Nippon India Mutual Fund
With Average Assets Under Management (AAUM) of Rs 2,33,628.56 Crores​​ ​(January 2019 - March 2019 QAAUM) and 90.67 lakhs folios (as on​ March 31, 2019​​), Reliance Nippon Life Asset Management Ltd is one of India's leading mutual funds. Reliance Nippon Life Asset Management Ltd is one of the fastest growing mutual funds in India, offering investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 300​ cities (as on​ March 31, 2019​​) across the country. Reliance Nippon Life Asset Management Ltd constantly endeavours to launch innovative products and customer service initiatives to increase value to investors.
Vision statement of Reliance Nippon Life Asset Management Ltd - To be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governance.
Mission statement of Reliance Nippon Life Asset Management Ltd - To create and nurture a world-class, high performance environment aimed at delighting our customers.​
Main objectives of Reliance Nippon Life Asset Management Ltd are
- To carry on the activity of a mutual fund as may be permitted by law, and formulate and devise various collective schemes of savings and investments for people in India and abroad, and also ensure liquidity of investments for the unit holders
- To deploy funds thus raised so as to help the unit holders earn reasonable returns on their savings
- To take such steps as may be necessary from time to time to realise the effects without any limitation