3 Year return
8.18%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹718.42 Cr.
Expense Ratio
0.74% (inclusive of GST)
Exit Load
10% of the units allotted shall be redeemed without any exit load, on or before completion of 15 days from the date of allotment of units. Any redemption in excess of such limit within 15 days from the date of allotment shall be subject to the following exit load, Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 15 days from the date of allotment of units. Nil, thereafter.
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
SB
Sushil Budhia
Fund Manager since Oct 2008
Fund House Details
Nippon India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HSBC Equity Savings Fund |
13.19% |
3 |
Sundaram Equity Savings Fund |
11.35% |
5 |
Mahindra Manulife Equity Savings Fund |
9.29% |
4.5 |
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 IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Growth
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 | 6.42% |
Expense Ratio | 0.74% |
Fund Manager | Sushil Budhia |
Fund Size | ₹718.42 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 |
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.
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FAQs
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How do I invest in Nippon India Equity Savings FundBonus?
- 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 Equity Savings FundBonus?
- 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 Equity Savings FundBonus?
- 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 Equity Savings FundBonus?
- 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.