3 Year return
23.73%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹2073.22 Cr.
Expense Ratio
0.66% (inclusive of GST)
Exit Load
1% if redeemed or switchd out on or efore completion of 1 Months from the date of allotment of units. NIl if redeemed or switched out after the completion of 1 Months from the date of allotment of units.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Nippon India Mutual Fund Managers
AK
Amar Kalkundrikar
Fund Manager since Apr 2005
Fund House Details
Nippon India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Bank of India Manufacturing and Infrastructure Fund |
29.36% |
0 |
Quant Infrastructure Fund |
27.44% |
0 |
ICICI Prudential Commodities Fund |
23.05% |
0 |
Schemes by Nippon India Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Reinvestment
About Nippon India Consumption Fund Direct Plan Growth Plan Growth
Nippon India Consumption Fund Direct Growth is an Equity Mutual Fund Scheme introduced by Nippon India Mutual Fund. This strategy centres on a concentrated investment approach, targeting established and potential leaders poised to benefit from the demand driven by domestic consumption. With a flexi cap structure, the fund enjoys the versatility to explore opportunities across various market capitalisations.
Investment Objective of the Scheme
The primary investment objective of the scheme is to realise long-term capital appreciation. To achieve this, the fund commits a maximum of its net assets to equity and equity-related instruments. These instruments belong to companies expected to directly or indirectly benefit from the demand driven by domestic consumption. By strategically positioning its investments, the scheme aims to capitalise on the growth potential of businesses connected to the increasing consumerism trend.
Key Features of The Fund
5-year return | 25.71% |
Expense Ratio | 0.66% |
Fund Manager | Amar Kalkundrikar |
Fund Size | ₹2073.22 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
This product is particularly tailored for investors with a focus on long-term capital growth. The strategic allocation to equity and equity-related instruments aligns well with the goals of investors seeking steady appreciation over an extended period. However, as with any investment decision, potential investors should carefully evaluate their financial objectives, risk tolerance, and investment horizon to ensure that this scheme aligns effectively with their individual needs and preferences. Seeking guidance from financial professionals and carefully reviewing the fund's prospectus can provide invaluable insights for making an informed investment choice.
AMC Contact Details
Name | Nippon India Mutual Fund |
Launch Date | June 1995 |
Addresss | Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013 |
Contact | 1860 266 0111 |
customercare@nipponindiaim.in | |
Website | https://mf.nipponindiaim.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Fast-Track Your Short-Term Goals With SIPs
FAQs
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What is the minimum SIP amount to invest in Nippon India Consumption Fund?
How do I invest in Nippon India Consumption Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Nippon India Consumption Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Nippon India Consumption Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Nippon India Consumption Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.