Nippon India Shares Nifty ETF (G)

Nippon India Shares Nifty ETF (G) is a scheme launched by Nippon Mutual Fund on April 10, 2003, and falls under the Index fund category. It currently manages an AUM of Rs 42 crore. The fund permits investments with a minimum SIP of Rs 0 and a lump sum of Rs 5000. It charges an expense ratio of 0.52(As on Aug 31, 2017)% 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 NIFTY Index, subject to tracking errors.

• Performance:

  Nippon India Shares Nifty ETF (G) trailing returns over different times are 6.35% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 0%.