Nippon India Multi Cap Fund-Growth Plan-Growth Option

Nippon India Multi Cap Fund-Growth Plan-Growth Option is a scheme launched by Nippon Mutual Fund on March 29, 2005, and falls under the Multi Cap fund category. It currently manages an AUM of Rs 45,881.41 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 100. It charges an expense ratio of 1.57% for managing the portfolio.

• Investing Strategy:

  To seek to generate capital appreciation and provide long term growth opportunities by investing in a portfolio constituted of equity securities and equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities.

• Performance:

  Nippon India Multi Cap Fund-Growth Plan-Growth Option trailing returns over different times are 0.13% (1 year), 22.25% (3 year) and 30.12% (5 year). The average annual return of this fund stands at 4.68%.