Index Fundregulargrowth
Nippon India Nifty IT Index Fund - Regular Plan - Growth Option
Returns (Lumpsum)
CAGR for periods ≥ 1 year1 Week-2.00%
1 Month-5.12%
3 Months-23.24%
6 Months-12.92%
1 Year-19.99%
3 Years (CAGR)—
5 Years (CAGR)—
10 Years (CAGR)—
Since Inception (Feb 2024)-10.46%
SIP Returns (XIRR)
₹1,000/month SIP, annualised1 Year SIP-30.69%
3 Year SIP—
5 Year SIP—
Since Inception (Feb 2024)-19.61%
Fund Details
Fund HouseNippon India Mutual Fund
CategoryIndex Fund
Plan Typeregular
Optiongrowth
AUM₹186 Cr
Expense Ratio0.88%
Min SIP₹500
Min Lumpsum₹1,000
Launch Date26 Feb 2024
AMFI Code152391
Risk Metrics
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Sharpe Ratio
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Alpha
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Beta
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Sortino
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Std Dev
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Max Drawdown
Performance Comparison
Performance Comparison
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Our experts will help you decide if this fund fits your goals.
Investment Objective
Nippon India Nifty IT Index Fund - Regular Plan - Growth Option is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.
About This Fund
Nippon India Nifty IT Index Fund - Regular Plan - Growth Option is a Index Fund mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 2 years. It manages assets worth ₹186 Cr, reflecting investor confidence in the fund's strategy. The current expense ratio is 0.88%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •Cost-conscious investors who prefer passive investing with low expense ratios
- •SIP investors who can benefit from rupee cost averaging during market fluctuations