Nippon India ETF Nifty 100

Nippon India ETF Nifty 100 is a scheme launched by Nippon Mutual Fund on March 22, 2013, and falls under the ETFs fund category. It currently manages an AUM of Rs 277.45 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 0.5% for managing the portfolio.

• Investing Strategy:

  To provide investment returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX 100 Index, subject to tracking errors.

• Performance:

  Nippon India ETF Nifty 100 trailing returns over different times are -1.14% (1 year), 13.75% (3 year) and 18.07% (5 year). The average annual return of this fund stands at 6.38%.