3 Year return

19.04%
Launched on December 2020 (4 years)

Investment Details

₹100

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹229.49 Cr.

Expense Ratio

0.17% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

AB

Ashutosh Bhargava

Fund Manager since Apr 2022

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 Passive Flexicap FoF Direct Plan Growth

The Nippon India Passive Flexicap FoF Direct Plan Growth is a mutual fund offered by Nippon India Mutual Fund. This specific fund falls under the category of Fund of Funds (FoF). The Nippon India Passive Flexicap FoF Direct Plan Growth is an open-ended fund. As an open-ended fund, investors have the flexibility to buy and sell units of the fund on any business day. This provides liquidity and convenience, allowing investors to make transactions based on their financial needs and market conditions. The fund's expense ratio is lower than the category average. This means that the fund charges lower fees, which can help improve your returns.

Investment Objective of the Scheme

The primary objective of the Nippon India Passive Flexicap FoF Direct Plan Growth is to provide investors with returns that correspond to the performance of an underlying index. The fund's strategy involves investing in a mix of equity ETFs, providing exposure to a variety of sectors and market capitalizations within the equity universe. The goal is to achieve capital appreciation over the long term.

Key Features of The Fund

5-year return NA
Expense Ratio 0.17%
Fund Manager Ashutosh Bhargava
Fund Size ₹229.49 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund might be suitable for investors who are interested in gaining exposure to the equity market through a diversified portfolio of exchange-traded funds (ETFs). It could appeal to individuals who prefer a passive investment approach, where the fund aims to replicate the performance of an index. Investors who seek broad market exposure across different sectors and market capitalizations could find this fund interesting.

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.

Diversify Your Portfolio and Manage Risk with SIPs in Mutual Funds

Mutual funds offer diversification by pooling your money with other investors and spreading it across various companies. SIPs in mutual funds allow you to benefit from this diversification while making regular investments. Use the SIP investment calculator to estimate the potential growth of your investment over your chosen time frame.

FAQs

What is today's NAV of Nippon India Passive Flexicap FoF?

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 Passive Flexicap FoF Jun 21 2024 is 20.4471

What is the AUM of Nippon India Passive Flexicap FoF?

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 Passive Flexicap FoF is 229.49 crore.

What is the expense ratio of Nippon India Passive Flexicap FoF?

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 Passive Flexicap FoF is 0.17%

What are the returns of Nippon India Passive Flexicap FoF since inception?

The Nippon India Passive Flexicap FoF was launched on Dec 10 2020. The fund has delivered a CAGR of 22.88 since inception.

What is the minimum SIP amount to invest in Nippon India Passive Flexicap FoF?

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 Passive Flexicap FoF is 100.

How do I invest in Nippon India Passive Flexicap FoF?

  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 Passive Flexicap FoF?

  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 Passive Flexicap FoF?

  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 Passive Flexicap FoF?

  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.