3 Year return

0
Launched on August 2022 (2 years)

Investment Details

₹100

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹502.2 Cr.

Expense Ratio

0.35% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
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 302
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

About the Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Plan Growth

The Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Plan Growth is an index fund managed by Nippon India Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. The fund tracks the Nifty Alpha Low Volatility 30 Index, which is a market-cap-weighted index of 30 stocks that have low volatility.The fund has a low risk profile, making it suitable for investors who are looking for a low-risk investment with the potential for capital growth. The fund has been around for over 5 years and has a good track record of performance.The fund's expense ratio is 0.3%, which is lower than the average expense ratio for index funds.

Investment Objectives of the Scheme

The investment objective of the LIC MF Large Cap Fund Direct Plan Growth is to generate long-term capital appreciation by investing in a diversified portfolio of equity shares of large-cap companies. The investment objective of the Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Plan Growth is to provide returns that closely correspond to the returns of the Nifty Alpha Low Volatility 30 Index.

Key Features of The Fund

5-year return NA
Expense Ratio 0.35%
Fund Manager Mehul Dama
Fund Size ₹502.2 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Plan Growth is a good option for investors who are looking for a low-risk investment with the potential for capital growth. However, the fund is not suitable for investors who are looking for high returns or who need to access their money in the short term.

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.

Make Use of SIPs for Harnessing the Power of Compounding

To take advantage of compound interest, a lot of investors select Systematic Investment Plans (SIPs) for their mutual fund investments. By establishing a fixed amount of money to be invested every month, averaging the cost per unit over time, and mitigating the effects of market volatility, SIPs enable disciplined investing. Try the free mutual fund SIP calculator from Angel One to plan your investment and get an idea of possible returns.

FAQs

What is today's NAV of Nippon India Nifty Alpha Low Volatility 30 Index 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 Nifty Alpha Low Volatility 30 Index Fund Jul 19 2024 is 17.2102

What is the AUM of Nippon India Nifty Alpha Low Volatility 30 Index 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 Nifty Alpha Low Volatility 30 Index Fund is 502.2 crore.

What is the expense ratio of Nippon India Nifty Alpha Low Volatility 30 Index 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 Nifty Alpha Low Volatility 30 Index Fund is 0.35%

What are the returns of Nippon India Nifty Alpha Low Volatility 30 Index Fund since inception?

The Nippon India Nifty Alpha Low Volatility 30 Index Fund was launched on Aug 01 2022. The fund has delivered a CAGR of 33.94 since inception.

What is the minimum SIP amount to invest in Nippon India Nifty Alpha Low Volatility 30 Index 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 Nifty Alpha Low Volatility 30 Index Fund is 100.

How do I invest in Nippon India Nifty Alpha Low Volatility 30 Index 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 Nifty Alpha Low Volatility 30 Index 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 Nifty Alpha Low Volatility 30 Index 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 Nifty Alpha Low Volatility 30 Index 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.