Nippon India Quant Fund -Growth Plan - Growth Option

Nippon India Quant Fund -Growth Plan - Growth Option is a scheme launched by Nippon Mutual Fund on April 18, 2008, and falls under the Other Themes fund category. It currently manages an AUM of Rs 99.81 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 0.94% for managing the portfolio.

• Investing Strategy:

  The investment objective of the Scheme is to generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected on the basis of a Quant model. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

• Performance:

  Nippon India Quant Fund -Growth Plan - Growth Option trailing returns over different times are -0.2% (1 year), 19.61% (3 year) and 22.98% (5 year). The average annual return of this fund stands at 4.03%.