Nippon India Nifty 50 Value 20 Index Fund - NFO closes on 12 February 2021

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Nippon India Mutual Fund has launched an index fund that tracks the Nifty 50 Value 20 Index. We bring you the fund’s details.

Good to know

Index fund
An index fund is a type of a mutual fund whose portfolio matches that of an index such as the Nifty50, Nifty Bank, or the Sensex. The idea behind an index fund is to mirror the performance of the market as represented by its underlying index.

Dividend yield
It is the percentage of the stock's current market price that a company pays ṁshareholders for owning its share.

 

Investment objective

The fund aims to provide investment returns closely corresponding to the total returns of Nifty 50 Value 20 Index before expenses^. 

The index consists of 20 blue-chip companies which are selected from the Nifty50 index on the basis of four parameters:

  • Return on Capital Employed (ROCE)
  • Price-Earnings (PE)
  • Price to Book Value (PB)
  • Dividend yield (DY)
Index returns~ Quarter to date Year to date One year Five year Since inception
Total returns 0.7% 0.7% 31.31% 17.31% 19.55%

~The index returns may vary from the returns delivered by the index fund. To check the constituents of the index, click here

Click here to invest in this NFO

Asset allocation

Instrument Allocation (% of total assets) Risk profile
Minimum Maximum
Securities constituting Nifty 50 Value 20 Index 95 100 Medium to high
Money Market instruments, Reverse repo and/or Tri-Party Repo and/or Schemes which invest predominantly in the money market securities or Liquid Schemes* 0 5 Low to medium

*The Fund Manager may invest in Liquid Schemes of Nippon India Mutual Fund. However, the Fund Manager may invest in any other scheme of mutual fund registered with SEBI, which invest predominantly in the money market securities.

Scheme details

Name Nippon India Nifty 50 Value 20 Index Fund
Type An open-ended scheme replicating/tracking the Nifty 50 Value 20 Index
Category Index fund
Investment objective To provide investment returns closely corresponding to the total returns delivered by the Nifty 50 Value 20 Index before expenses (expense ratio capped at 1%).
Benchmark Nifty 50 Value 20 TRI
Entry/Exit load Nil
Fund manager Mr. Mehul Dama
Options Growth and Dividend
Minimum application amount (during NFO) ₹5,000 and in multiples of ₹1 thereafter
Additional application amount ₹1,000 and in multiples of ₹1 thereafter

Click here to invest in this NFO

This product is suitable for investors who are seeking**: Riskometer
  • Long term capital growth
  • Investment in equity and equity-related securities and portfolio replicating the composition of the Nifty 50 Value 20 Index, subject to tracking errors

**Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Note: The above information has been sourced from the Scheme Information Document provided by Nippon Life India Asset Management Limited. To read the entire document, click here

Disclaimer

RKSV Securities India Private Limited (ARN/Distributor - 107930; brand name Upstox) is the distributor of the mutual fund. Please consult your investment advisor before investing.

Mutual fund investments are subject to market risks, read all scheme related documents carefully. 

Investment objective
The fund aims to provide investment returns closely corresponding to the total returns of Nifty Midcap 150 Index before expenses (expense ratio capped at 1%). 
The Nifty Midcap 150 index represents the companies ranked 101-250 in terms of market capitalisation from the Nifty 500. This index aims to measure the performance of mid-market capitalisation (mid-cap) companies.

Index returns~ Quarter to date~ Year to date~ 1 year~ 5 year~ Since inception
Total returns 0.2% 0.2% 19.47% 14.59% 15.40%

~The index returns may vary from the returns delivered by the index fund. 

To know more about the index, click here

Click here to invest in this NFO

Asset allocation

Instrument Allocation (% of total assets) Risk profile
Minimum Maximum
Securities constituting Nifty Midcap 150 Index 95 100 Medium to high
Money Market instruments, Reverse repo and/or Tri-Party Repo and/or Schemes which invest predominantly in the money market securities or Liquid Schemes* 0 5 Low to medium

*The Fund Manager may invest in Liquid Schemes of Nippon India Mutual Fund. However, the Fund Manager may invest in any other scheme of mutual fund registered with SEBI, which invest predominantly in the money market securities.

Scheme details

Name Nippon India Nifty Midcap 150 Index Fund
Type An open-ended scheme replicating/tracking Nifty Midcap 150 Index
Category Index fund
Investment objective To provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Index.
Benchmark Nifty Midcap 150 TRI
Entry/Exit load Nil
Fund manager Mr. Mehul Dama
Options Growth and Dividend
Minimum application amount (during NFO) ₹5,000 and in multiples of ₹1 thereafter
Additional application amount ₹1,000 and in multiples of ₹1 thereafter

Click here to invest in this NFO

This product is suitable for investors who are seeking**: Riskometer
  • Long term capital growth
  • Investment in equity and equity-related securities and portfolio replicating the composition of the Nifty Midcap 150 Index, subject to tracking errors.

**Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Note: The above information has been sourced from the Scheme Information Document provided by Nippon Life India Asset Management Limited. To read the entire document, click here

Disclaimer

RKSV Securities India Private Limited (ARN/Distributor - 107930; brand name Upstox) is the distributor of the mutual fund. Please consult your investment advisor before investing.

Mutual fund investments are subject to market risks, read all scheme related documents carefully. 

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