3 Year return

16.95%
Launched on January 2013 (11 years)

Investment Details

₹NA

Minimum SIP Amount

₹100

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

₹1795.92 Cr.

Expense Ratio

0.2% (inclusive of GST)

Exit Load

0.25% - If redeemed or switched out on or before completion of 7 days from the date of allotment of units. Nil - If redeemed or switched out after completion of 7 days from the date of allotment of units.

Ratings

ARQ Rating
0

Ratings by other agencies

3
2
0

Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

MD

Mehul Dama

Fund Manager since Aug 2022

View Details

Fund House Details

Nippon India Mutual Fund

Nippon India Mutual Fund Asset management company

AUM ₹486,805.05 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 Index Fund Nifty 50 Plan Direct Plan Growth Plan Bonus

Nippon India Index Fund Nifty 50 Plan Direct Plan Growth Plan Bonus is an index fund scheme managed by Nippon India Mutual Fund. It is a passively managed fund that tracks the performance of the Nifty 50 index. The index is a broad market index that comprises the 50 largest stocks listed on the NSE. It is an open-ended fund, meaning that investors can buy and sell units of the fund in the secondary market at any time. The expense ratio of the fund is lower than the category average.

Investment Objectives of the Scheme

The investment objective of Nippon India Index Fund Nifty 50 Plan Direct Plan Growth Plan Bonus is to track the performance of the Nifty 50 index.

Key Features of The Fund

5-year return 17.5%
Expense Ratio 0.2%
Fund Manager Mehul Dama
Fund Size ₹1795.92 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund is suitable for investors who are looking for long-term growth and have a moderate risk appetite. The fund's investment in the Nifty 50 index makes it a relatively safe investment, but it is also exposed to the risks of the Indian equity market. Therefore, consult your financial advisor before making an investment decision.

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.

Invest Smart, Start Your SIP Today

Take control of your financial future by using our systematic investment plan calculator. All you have to do is input your desired investment amount and time horizon into our SIP calculator. Witness firsthand the potential growth of your investments as you tailor your strategy to match your unique financial objectives. With a personalised approach, you can ensure steady wealth accumulation over time, bringing you closer to your financial goals.

FAQs

What is today's NAV of Nippon India Index Fund Nifty 50Bonus?

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 Index Fund Nifty 50Bonus Jul 19 2024 is 44.2958

What is the AUM of Nippon India Index Fund Nifty 50Bonus?

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 Index Fund Nifty 50Bonus is 1795.92 crore.

What is the expense ratio of Nippon India Index Fund Nifty 50Bonus?

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 Index Fund Nifty 50Bonus is 0.2%

What are the returns of Nippon India Index Fund Nifty 50Bonus since inception?

The Nippon India Index Fund Nifty 50Bonus was launched on Jan 01 2013. The fund has delivered a CAGR of 13.81 since inception.

What is the minimum SIP amount to invest in Nippon India Index Fund Nifty 50Bonus?

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 Index Fund Nifty 50Bonus is 0.

How do I invest in Nippon India Index Fund Nifty 50Bonus?

  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 Index Fund Nifty 50Bonus?

  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 Index Fund Nifty 50Bonus?

  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 Index Fund Nifty 50Bonus?

  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.