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Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹48.0522 -0.20%
As on 06-Dec-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Nippon India ETF Nifty IT
|
|
Very High
|
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0.22 |
||
|
|
Very High
|
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0.20 |
|||
|
|
Very High
|
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0.89 |
|||
|
|
Very High
|
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1.75 |
|||
|
|
Very High
|
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1.67 |
₹2,627 Cr
--
5,000
--
--
--
Investment Strategy
The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the NIFTY IT Index before expenses, subject to tracking errors.
Suitability
This is a fund that invests mainly in shares of companies in the information technology sector.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other technology sector fund, if you need to redeem your investment in less than seven years.
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Nippon India ETF Nifty IT is mandated to invest at least 80 per cent of its assets in the shares of companies in the information technology sector. Being passively managed, it replicates the portfolio of its chosen benchmark index.
Mutual funds can be bought directly from the website of the fund house. For instance, Nippon India ETF Nifty IT fund can be purchased from the website of Nippon India Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Nippon India ETF Nifty IT is ₹48.0522 as of 09-Dec-2024.
The AUM of Nippon India ETF Nifty IT Fund is ₹2,627 Cr as of 30-Nov-2024
The riskometer level of Nippon India ETF Nifty IT is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
26.19
|
|
|
23.43
|
|
|
10.48
|
|
|
10.42
|
|
|
7.84
|
As of 30-Nov-2024, Nippon India ETF Nifty IT had invested 99.97% in Equity, 0.03% in Cash & Cash Eq. and 0% in Debt See More
Nippon India ETF Nifty IT is 4 years 5 months old. It has delivered 29.89% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
37.66%
|
10.46%
|
--
|
--
|
--
|
29.89%
|
No, There is no lock in period in Nippon India ETF Nifty IT.
The expense ratio of Nippon India ETF Nifty IT is 0.22.
