Nippon India ETF Nifty IT
EquitySector - TechnologyVery High Risk
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,391 Cr
Expense Ratio
0.22%
ISIN
INF204KB15V2
Minimum SIP
-
Exit Load
-
Inception Date
30 Jun 2020
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹45.09, Assets Under Management (AUM) of 2391.10 Crores, and an expense ratio of 0.22%.
- Nippon India ETF Nifty IT has given a CAGR return of 28.93% since inception.
- The fund's asset allocation comprises around 99.43% in equities, 0.00% in debts, and 0.57% in cash & cash equivalents.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+31.94%
+32.98% (Cat Avg.)
3 Years
+7.00%
+7.45% (Cat Avg.)
Since Inception
+28.93%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹2,377.39 Cr | 99.43% |
| Others | ₹13.71 Cr | 0.57% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Infosys Ltd | Equity | ₹628.94 Cr | 26.30% |
| Tata Consultancy Services Ltd | Equity | ₹552.89 Cr | 23.12% |
| HCL Technologies Ltd | Equity | ₹254.25 Cr | 10.63% |
| Tech Mahindra Ltd | Equity | ₹248.58 Cr | 10.40% |
| Wipro Ltd | Equity | ₹190.01 Cr | 7.95% |
| Persistent Systems Ltd | Equity | ₹138.91 Cr | 5.81% |
| LTIMindtree Ltd | Equity | ₹128.54 Cr | 5.38% |
| Coforge Ltd | Equity | ₹123.21 Cr | 5.15% |
| Mphasis Ltd | Equity | ₹79.06 Cr | 3.31% |
| L&T Technology Services Ltd | Equity | ₹33 Cr | 1.38% |
| Triparty Repo | Cash - Repurchase Agreement | ₹17.73 Cr | 0.74% |
| Net Current Assets | Cash | ₹-4.11 Cr | 0.17% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.09 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
83.78%
Mid Cap Stocks
15.65%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Technology | ₹2,377.39 Cr | 99.43% |
Risk & Performance Ratios
Standard Deviation
This fund
21.42%
Cat. avg.
19.99%
Lower the better
Sharpe Ratio
This fund
0.16
Cat. avg.
0.25
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.38
Higher the better
Fund Managers
Himanshu Mange
Since December 2023
Additional Scheme Detailsas of 31st October 2024
ISIN INF204KB15V2 | Expense Ratio 0.22% | Exit Load - | Fund Size ₹2,391 Cr | Age 4 years 4 months | Lumpsum Minimum - | Fund Status Open Ended Investment Company | Benchmark Nifty IT TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Technology Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Nifty IT ETF Very High Risk | 0.1% | - | ₹189.48 Cr | 32.1% |
| Aditya Birla Sun Life Nifty IT ETF Very High Risk | 0.2% | - | ₹49.34 Cr | 31.8% |
| Axis NIFTY IT ETF Very High Risk | 0.2% | - | ₹168.73 Cr | 31.9% |
| ICICI Prudential Technology Regular Growth Very High Risk | 1.8% | 1.0% | ₹13495.32 Cr | 31.6% |
| Franklin India Technology Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1844.85 Cr | 34.1% |
| Nippon India ETF Nifty IT Very High Risk | 0.2% | - | ₹2391.10 Cr | 31.9% |
| Aditya Birla Sun Life Digital India Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹5046.46 Cr | 23.9% |
| Tata Digital India Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹11835.20 Cr | 36.4% |
| Tata Digital India Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹11835.20 Cr | 38.2% |
| Franklin India Technology Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1844.85 Cr | 35.5% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,78,235 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Himanshu Mange
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