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Business News/Market/Market Stats/    Nippon India Nifty IT Index Fund Regular Growth

Nippon India Nifty IT Index Fund Regular Growth

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  • Index Funds
  • Index Funds
  • Rating N.A.
  • Plan
8.77 -0.08 (-0.85%) NAV as on 17 May, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)93.03
  • CAGR 0.00%
  • Exit Load0.00%
  • Expense ratio0.88%
  • CategoryIndex Funds
  • Min Investment1000
  • Min SIP0
  • Launch Date2024-02-22

Morning Star Rating N.A.

Risk
Return

Asset Allocation

Holdings As On - 19 May 2024

  • Name
  • Value (Cr)
  • Holding %
View More

Risk & Volitility

  • Alpha 0.00%
  • Beta 0.00
  • Sharpe Ratio0.00
  • Std Deviation 0.00%
  • Tracking Error 0.00%

About Fund

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 IT Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

 

The Nippon India Nifty IT Index Fund Regular Growth has an AUM of 93.03 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 0.88%. The minimum investment in Nippon India Nifty IT 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.

 

The top holdings of the fund include Infosys, Tata Consultancy Services, Tech Mahindra & HCL Technologies.

 

The major sectors where the fund is invested are Software & Programming, Computer Services & Construction Services.

 

Some of the similar funds are HSBC Nifty Next 50 Index Fund Regular Growth, Axis Nifty IT Index Fund Regular Growth, Nippon India Nifty IT Index Fund Regular Growth, Nippon India Nifty Bank Index Fund Regular Growth, Aditya Birla Sun Life Nifty Next 50 Index Fund Regular Growth. Nippon India Nifty IT Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.

FAQs about Nippon India Nifty IT Index Fund Regular Growth

According to the morning star rating Nippon India Nifty IT Index Fund Regular Growth has a & return.
Nippon India Nifty IT Index Fund Regular Growth is managed by Himanshu Mange.
The expense ratio of Nippon India Nifty IT Index Fund Regular Growth is 0.88%.
The 5 year annualized return on Nippon India Nifty IT Index Fund Regular Growth is 0.00% & it has generated 0.00% in the last 1 year.
The minimum investment in Nippon India Nifty IT Index Fund Regular Growth is 1000 Rs.
Nippon India Nifty IT Index Fund Regular Growth has an AUM of 93.03 crores.
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