Nippon India ETF Nifty Dividend Opportunities 50

Nippon India ETF Nifty Dividend Opportunities 50 is a scheme launched by Nippon Mutual Fund on April 15, 2014, and falls under the ETFs fund category. It currently manages an AUM of Rs 63.37 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 5000. It charges an expense ratio of 0.37% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to provide investment returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX Dividend Opportunities Index, subject to tracking errors.

• Performance:

  Nippon India ETF Nifty Dividend Opportunities 50 trailing returns over different times are -2.31% (1 year), 19.68% (3 year) and 22.88% (5 year). The average annual return of this fund stands at -0.21%.