3 Year return

9.61%
Launched on May 2015 (9 years)

Investment Details

₹NA

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Low to Moderate Risk

Your principal will be at

Moderately Low Risk

Scheme Information

Asset Under Management

₹384.5 Cr.

Expense Ratio

0.82% (inclusive of GST)

Exit Load

10% of the units allotted shall be redeemed within any exit load, on or before completion of 1 monts from the date allotment of units. 1.00% - If redeemed / switched on or before completion of 1 months from the date of allotment of units. Nil - If redeemed / switched after completion of 1 moths from the date of allotment of units.

Ratings

2

Ratings by other agencies

1
0
1

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

SB

Sushil Budhia

Fund Manager since Apr 2022

Fund House Details

Nippon India Mutual Fund Asset management company

AUM ₹380,049.04 Cr.
No. of Schemes 297
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 Equity Savings Fund Direct Plan Growth Plan Bonus

Nippon India Equity Savings Fund, managed by Nippon India Mutual Fund, belongs to the equity savings fund category, combining equity and debt. This direct plan offers the Growth Plan Bonus scheme, aiming to provide investors with growth potential while taking advantage of arbitrage strategies and fixed income instruments. The fund maintains a balanced portfolio to optimise returns and minimise risks. It has an expense ratio that is slightly higher than the category average.

Investment Objective of the Scheme

The scheme's primary objective is to offer investors an investment avenue that focuses on growth potential. Nippon India Equity Savings Fund Direct Plan Growth Plan Bonus aims to achieve this by investing in a mix of equity securities and debt instruments. The fund focuses on capital appreciation while also aiming to provide stable returns through its diversified portfolio.

Key Features of The Fund

5-year return 4.27%
Expense Ratio 0.82%
Fund Manager Sushil Budhia
Fund Size ₹384.5 Cr
Risk Profile Moderately Low

Is This Scheme Right for Me?

If you're looking for a slightly balanced investment approach that combines growth potential from equities and stable returns from debt instruments, Nippon India Equity Savings Fund Direct Plan Growth Plan Bonus could be a suitable choice. This fund is well-suited for individuals who seek a growth with a risk-aware approach. However, keep in mind that the fund's performance may be influenced by market fluctuations and interest rate changes. Before considering this fund, assess your investment goals, risk tolerance, and investment horizon. Seeking guidance from financial experts can provide personalised insights for well-informed decisions.

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.

FAQs

What is today's NAV of Nippon India Equity Savings Fund Direct Plan Growth Bonus?

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 Equity Savings Fund Direct Plan Growth Bonus Feb 28 2024 is 15.8218

What is the AUM of Nippon India Equity Savings Fund Direct Plan Growth Bonus?

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 Equity Savings Fund Direct Plan Growth Bonus is 384.5 crore.

What is the expense ratio of Nippon India Equity Savings Fund Direct Plan Growth Bonus?

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 Equity Savings Fund Direct Plan Growth Bonus is 0.82%

What are the returns of Nippon India Equity Savings Fund Direct Plan Growth Bonus since inception?

The Nippon India Equity Savings Fund Direct Plan Growth Bonus was launched on May 12 2015. The fund has delivered a CAGR of 5.4 since inception.

What is the minimum SIP amount to invest in Nippon India Equity Savings Fund Direct Plan Growth Bonus?

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 Equity Savings Fund Direct Plan Growth Bonus is 0.

How do I invest in Nippon India Equity Savings Fund Direct Plan Growth Bonus?

  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 Equity Savings Fund Direct Plan Growth Bonus?

  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 Equity Savings Fund Direct Plan Growth Bonus?

  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 Equity Savings Fund Direct Plan Growth Bonus?

  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.