The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty India Manufacturing Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.
The Nippon India Nifty India Manufacturing Index Fund Regular Growth has an AUM of 35.90 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.79%. The minimum investment in Nippon India Nifty India Manufacturing Index Fund Regular Growth is Rs 1000 and the minimum SIP is Rs 0.
As per morningstar the risk & return rating of the fund are - & - respectively.
Some of the similar funds are Bandhan Nifty Total Market Index Fund Regular Growth, ICICI Prudential Nifty 500 Index Fund Regular Growth, Nippon India Nifty India Manufacturing Index Fund Regular Growth, Mirae Asset Nifty 50 Index Fund Regular Growth, Motilal Oswal Nifty MidSmall IT and Telecom Index Fund Regular Growth. Nippon India Nifty India Manufacturing Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.
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