NIPPON INDIA INDEX FUND - NIFTY 50 PLAN - HALF YEARLY - IDCW Option

NIPPON INDIA INDEX FUND - NIFTY 50 PLAN - HALF YEARLY - IDCW Option is a scheme launched by Nippon Mutual Fund on October 01, 2010, and falls under the Index fund category. It currently manages an AUM of Rs 2,606.59 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 0.42% for managing the portfolio.

• Investing Strategy:

  To replicate the composition of the Nifty, with a view to generate returns that are commensurate with the performance of the Nifty, subject to tracking errors.

• Performance:

  NIPPON INDIA INDEX FUND - NIFTY 50 PLAN - HALF YEARLY - IDCW Option trailing returns over different times are -0.31% (1 year), 12.48% (3 year) and 16.37% (5 year). The average annual return of this fund stands at 6.58%.