Nippon India Index Fund - Nifty 50 Plan - Growth

• Alpha -1.25%
• Beta 0.99
• Sharpe Ratio0.43
• Std Deviation 12.70%
• Tracking Error 0.29%

The primary investment objective of the scheme is to replicate the composition of the Nifty 50, with a view to generate returns that are commensurate with the performance of the Nifty 50, subject to tracking errors.

The Nippon India Index Fund - Nifty 50 Plan - Growth has an AUM of 2032.64 crores & has delivered CAGR of 13.93% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.42%. The minimum investment in Nippon India Index Fund - Nifty 50 Plan - Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & Infosys.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Tobacco.

Some of the similar funds are Motilal Oswal Nifty Midcap 150 Index Fund Regular Growth, DSP Nifty 50 Equal Weight Index Fund Growth, Nippon India Nifty Smallcap 250 Index Fund Reg Gr, Nippon India Index Fund - Nifty 50 Plan - Growth, Motilal Oswal Nifty Microcap 250 Index Fund Regular Growth. Nippon India Index Fund - Nifty 50 Plan - Growth has a sharpe ratio of 0.43 & a standard deviation of 12.70%.