Nippon India Focused Fund - Growth Plan -Growth Option

Nippon India Focused Fund - Growth Plan -Growth Option is a scheme launched by Nippon Mutual Fund on December 26, 2006, and falls under the Focused fund category. It currently manages an AUM of Rs 8,419.87 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.84% for managing the portfolio.

• Investing Strategy:

  The primary investment objective of the scheme is to generate long-term capital growth by predominantly investing in an active and concentrated portfolio of equity & equity related instruments up to 30 companies across market capitalization. The secondary objective of the scheme is to generate consistent returns by investing in debt, money market securities, REITs and InvITs.

• Performance:

  Nippon India Focused Fund - Growth Plan -Growth Option trailing returns over different times are -1.05% (1 year), 14.49% (3 year) and 21.61% (5 year). The average annual return of this fund stands at 14.31%.