Holdings (313)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Nippon India Money Market Fund Direct-Growth | NA | Mutual Fund | 12.40415317% |
| Nippon India Liquid Fund Direct-Growth | NA | Mutual Fund | 12.26248872% |
| Reliance Industries Ltd. | Energy | Equity | 4.00912726% |
| ICICI Bank Ltd. | Financial | Equity | 3.58889313% |
| Axis Bank Ltd. | Financial | Equity | 3.10137324% |
| JIO Financial Services Ltd. | Financial | Equity | 2.49862525% |
| ITC Ltd. | Consumer Staples | Equity | 2.03792398% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 1.83787036% |
| HDFC Bank Ltd. | Financial | Equity | 1.68837389% |
| Infosys Ltd. | Technology | Equity | 1.67433946% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.86% | 7.36% | 6.18% | 7.38% |
| Category Average | 7.14% | 6.51% | 5.27% | NA% |
| Rank Within Category | 18.00% | 9.00% | 5.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.35%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 1 month
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
Education
Mr. Sheth is a B.Com, PGDM(FINANCE)
Experience
Prior to joining Nippon Mutual Fund, he has worked with Bandhan MF, Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.
Managed Schemes
Education
Mr. Shah is a Chartered Accountant and FRM - GARP US
Experience
He has over 10 years of experience in Equity Dealing. Prior to Joining Dealing team, he was in risk management department of Nippon Life India Asset Management Limited.