Nippon India Nifty IT Index Fund Direct growth

Equity • Index • Direct growth

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Fund Info

Equity

Index

Direct growth

Launched On
22 Feb 2024
1.2 years ago
Lock-in Period
No lock-in
NAV
as of 12 May 2025
₹10.23
+6.7003% (0.70)
AUM
₹133 Cr
Expense ratio
0.25%
Benchmark
NIFTY IT TRI
Fund Plan

Tax info and exit loadInfo Icon

Taxes

Units held less than 1Y

20.00%

Units held more than 1Y

12.50%

Exit Load

If units sold anytime

0%

What's in this fund?

Sectors
Holdings
Technology

Technology

100.00%

Fund Managers

Jitendra Tolani

Experience: yrs • Total AUM: 78,490 Cr

CAGRInfo Icon

₹1,000 invested for 5 years
Open demat account

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Fund House

Nippon

Nippon

Inc: 08 Oct 1995 • Total AUM: ₹3,01,845 Cr • Rank #6
Nippon India Mutual Fund, started in 1995, has Nippon Life Insurance Company as its sponsors. The fund house is headed by Sundeep Sikka as the CEO. As of 31 March 2024, it has an AUM of ₹472,440 Cr. Nippon India Mutual Fund boasts a presence in 265 locations (as of 30 September 2023).

Risk

Category risk
Very high
As provided by the fund house document, this risk is specific to this fund category (Equity). To know the risk of this fund particularly, check 'Risk vs Category'.

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