Nippon India Consumption Fund-Growth Plan-Growth Option

Nippon India Consumption Fund-Growth Plan-Growth Option is a fund scheme from Nippon mutual fund. It falls under a Consumption category. After being launched on 2004-10-06. Nippon India Consumption Fund-Growth Plan-Growth Option has achieved Rs 2184.16 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 500 and lumpsum of Rs 5000 to start the investment. The expense ratio of this fund is 2.01%.

• Investing Strategy:

  The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies that are likely to benefit directly or indirectly from the domestic consumption led demand. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

• Performance:

  Nippon India Consumption Fund-Growth Plan-Growth Option trailing returns over different times are 8.55% (1 year), 19.32% (3 year), 26.72% (5 year). The average annual return of this fund stands at 8.55%

• Fund Manager & Portfolio Allocation:

  Amar Kalkundrikar are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Consumer Cyclical, Consumer Defensive, Communication Services, Industrials, Basic Materials, Sectors. First five holdings of this fund are Bharti Airtel Ltd, Hindustan Unilever Ltd, Mahindra & Mahindra Ltd, ITC Ltd, Godrej Consumer Products Ltd, Triparty Repo, Cash Margin - Ccil, Net Current Assets Companies.