3 Year return

26.7%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹833.95 Cr.

Expense Ratio

1.13% (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.

Ratings

ARQ Rating
0

Ratings by other agencies

5
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

AK

Amar Kalkundrikar

Fund Manager since Apr 2005

View Details

Fund House Details

Nippon India Mutual Fund

Nippon India Mutual Fund Asset management company

AUM ₹433,896.92 Cr.
No. of Schemes 293
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

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 25.72%
Expense Ratio 1.13%
Fund Manager Amar Kalkundrikar
Fund Size ₹833.95 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
Email 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

Whether it's a dream vacation, buying a gadget, or building an emergency fund, SIPs provide a systematic approach. Use Angel One's free SIP investment calculator to plan your investments wisely, ensuring you achieve your goals faster and with confidence.

FAQs

What is today's NAV of Nippon India Consumption Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Consumption Fund Jun 13 2024 is 213.8948

What is the AUM of Nippon India Consumption Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Consumption Fund is 833.95 crore.

What is the expense ratio of Nippon India Consumption Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Nippon India Consumption Fund is 1.13%

What are the returns of Nippon India Consumption Fund since inception?

The Nippon India Consumption Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 15.88 since inception.

What is the minimum SIP amount to invest in Nippon India Consumption Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Consumption Fund is 100.

How do I invest in Nippon India Consumption Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Nippon India Consumption Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Nippon India Consumption Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Nippon India Consumption Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.