Nippon India Taiwan Equity Fund is an open-ended equity scheme following a Taiwan focused theme.
| Good to know What is an equity fund? An equity fund is a mutual fund that invests principally in stocks. It can be actively or passively (index fund) managed. Equity funds are also known as stock funds. Stock mutual funds are principally categorized according to company size, the investment style of the holdings in the portfolio and geography. |
Investment objective
The primary investment objective of this fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognised stock exchanges of Taiwan. The secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
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Asset allocation
| Instrument | Indicative asset allocation (% of total assets) | Risk profile | |
| Minimum | Maximum | ||
| Equity and equity related Instruments listed on the recognized stock exchanges of Taiwan* | 80 | 100 | Medium to high |
| Debt & money market instruments^ | 0 | 20 | Low to medium |
*The fund will also invest in initial and follow-on public offerings to be listed at recognized stock exchanges of Taiwan.
^Money market instruments include Tri-Party Repo/Reverse Repo (including corporate bond Repo), commercial papers (Listed), commercial bills, treasury bills, Government securities issued by Central & State Government having an unexpired maturity up to one year, call or notice money, certificate of deposit, usance bills, and any other like instruments as specified by the Reserve Bank of India from time to time.
Scheme details
| Name | Nippon India Taiwan Equity Fund |
| Type | An open-ended equity scheme following a Taiwan focused theme. |
| Category | Equity |
| Benchmark | Taiwan Capitalization Weighted Stock Index (TAIEX) |
| Entry/exit load | Entry load: NA Exit load:
|
| Fund Manager | Ms. Kinjal Desai |
| Minimum application amount | ₹500 |
| Expense ratio | Up to 2.25% |
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| This product is suitable for investors who are seeking*: | Riskometer |
| - Long-term capital growth - Investment in equity and equity related securities of companies listed on recognised stock exchanges of Taiwan |
*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 India Mutual Fund. To read the entire document, click here.
Disclaimer: The above article is purely academic in nature and aims to provide knowledge about basic trading concepts & should not be construed as an opinion or advice to invest or trade. RKSV Securities India Private Limited (brand name Upstox) is the distributor of the mutual fund. Mutual fund investments are subject to market risks; please read all the related documents and/or consult your investment advisor before investing. Past performance of an investment asset does not guarantee future returns.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.