Nippon India Nifty IT Index Fund · Regular · Growth
NAV
₹7.4707
as of 29 Sept 2026
Expense Ratio
1.04%
AUM
₹200 Cr
Lumpsum returns (CAGR)
- 1Y
- -16.92%
- 3Y
- —
- 5Y
- —
- Since Inception
- -10.61%
SIP returns (XIRR)
- 1Y
- -23.90%
- 3Y
- —
- 5Y
- —
- Since Inception
- -16.46%
Returns calculated from 22 February 2024 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.
Not enough verified history to show honest backtest scenarios (this fund is under 3 years old).
Risk Metrics
Trailing 1 year, annualised-0.62
Sharpe Ratio
—
Alpha
—
Beta
-0.65
Sortino
23.85%
Std Dev
-34.31%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 31 Aug 2026- IT - Software100.00%
Each sector links to the mutual funds most exposed to it.
Thinking about Nippon India Nifty IT Index Fund · Regular · Growth?
Talk to our AMFI-registered team — free, no pressure. We'll help you see if this fund fits your goals.
Fund Details
Available transactions
What this fund does
Nippon India Nifty IT Index Fund · Regular · Growth 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 · Growth 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 ₹200 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY IT TRI. The current expense ratio is 1.04%.
Who Should Invest?
- •Cost-conscious investors who prefer passive investing with low expense ratios