Rating: ★ ☆ ☆ ☆ ☆

Nippon India Equity Hybrid Fund Direct Plan Dividend Payout Plan

Hybrid

  

Aggressive Hybrid Fund

NAV

15.843 + 0.211

as on (02 Jun, 2020)

RETURNS

-6.44 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

1.22 %

Benchmark

CRISIL Hybrid 35+65 - Agg TR INR

Asset Size

4913.85 Cr.

(As of 30 Apr, 2019)

Risk

Moderately High

Objective

The primary investment objective of this option is to generate consistent returns and appreciation of capital by investing in mix of securities comprising of Equity, Equity related instruments & fixed income instruments.

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Fund manager

Sanjay H Parekh

(since 02 Apr, 2012)

Exit load

1 %

(If redeemed within 360 days)

Minimum sip

₹ 500

minimum investment

₹ 500

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

9.18 %

Yes Bank Limited

5.46 %

Grasim Industries Ltd

5.19 %

Morgan Credits Private Limited

4.36 %

Sector Allocation

About the Scheme Type

Aggressive Hybrid Fund

Aggressive Hybrid Funds are open ended schemes which invest a large portion of their assets – 65 to 80%, in equity and equity related instruments. The remaining, at least 20%, needs to be invested in debt instruments. Because of the debt component as well, they’re less risky as compared to pure play equity mutual funds but their returns are also less, for the same reason. These funds allow the fund manager to take advantage of arbitrage opportunities, meaning the fund manager can buy securities at a low price in one stock exchange and sell them ata higher price in the other.

Ratings

This fund is rated 1 stars by Morning Star Ratings.

★ ☆ ☆ ☆ ☆

Overview of Reliance Nippon Life Asset Management Ltd

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 Mutual Fund is one of India's leading mutual funds. Reliance Mutual Fund 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 Mutual Fund constantly endeavours to launch innovative products and customer service initiatives to increase value to investors.

Vision statement of Reliance Mutual Fund - To be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governance.

Mission statement of Reliance Mutual Fund - To create and nurture a world-class, high performance environment aimed at delighting our customers.​

Main objectives of Reliance Mutual Fund 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