3 Year return

21.69%
Launched on January 2013 (11 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

₹6891.31 Cr.

Expense Ratio

0.97% (inclusive of GST)

Exit Load

1% if redeemed or switchd out on or efore completion of 1 Months from the date of allotment of units. NIl if redeemed or switched out after the completion of 1 Months from the date of allotment of units.

Ratings

0

Ratings by other agencies

0
0
0

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

Sailesh Raj Bhan

Fund Manager since May 2018

Fund House Details

Nippon India Mutual Fund Asset management company

AUM ₹380,049.04 Cr.
No. of Schemes 287
Setup Date NA

Peer Comparison

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Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

About Nippon India Pharma Fund Direct Plan IDCW Reinvestment

The Nippon India Pharma Fund Direct Plan IDCW Reinvestment is offered by Nippon Life India Asset Management Limited. The fund falls under the category of Sectoral/Thematic Funds. As a sectoral fund, it focuses on investing primarily in companies within the pharmaceutical sector. The reinvestment option allows the fund to reinvest the dividends earned to enhance the overall performance of the fund in the long run. This is an open-ended fund that allows investors to buy and sell units on any business day. The fund’s expense ratio is slightly higher than the category average.

Investment Objective of the Scheme

The main investment objective of the Nippon India Pharma Fund Direct Plan IDCW Reinvestment is to generate capital appreciation over the long term by predominantly investing in companies operating in the pharmaceutical sector. The fund aims to capitalise on growth opportunities within this specific sector.

Key Features of The Fund

5-year return 24.99%
Expense Ratio 0.97%
Fund Manager Sailesh Raj Bhan
Fund Size ₹6891.31 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund might be suitable for investors who are bullish on the pharmaceutical sector and are looking for long-term capital growth. Since the fund predominantly invests in the pharma sector, investors should be prepared to take on higher risks. Before making an investment decision, interested investors should assess their own risk tolerance and returns expectation. Having a clear understanding of the pharma sector's dynamics is also essential.

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 [email protected]
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 Pharma Fund Direct Plan IDCW Reinvestment?

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 Pharma Fund Direct Plan IDCW Reinvestment Feb 21 2024 is 163.4014

What is the AUM of Nippon India Pharma Fund Direct Plan IDCW Reinvestment?

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 Pharma Fund Direct Plan IDCW Reinvestment is 6891.31 crore.

What is the expense ratio of Nippon India Pharma Fund Direct Plan IDCW Reinvestment?

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 Pharma Fund Direct Plan IDCW Reinvestment is 0.97%

What are the returns of Nippon India Pharma Fund Direct Plan IDCW Reinvestment since inception?

The Nippon India Pharma Fund Direct Plan IDCW Reinvestment was launched on Jan 01 2013. The fund has delivered a CAGR of 19.49 since inception.

What is the minimum SIP amount to invest in Nippon India Pharma Fund Direct Plan IDCW Reinvestment?

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 Pharma Fund Direct Plan IDCW Reinvestment is 100.

How do I invest in Nippon India Pharma Fund Direct Plan IDCW Reinvestment?

  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 Pharma Fund Direct Plan IDCW Reinvestment?

  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 Pharma Fund Direct Plan IDCW Reinvestment?

  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 Pharma Fund Direct Plan IDCW Reinvestment?

  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.