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Nippon India Nifty IT Index Fund Direct - Growth
Unrated
NAV as of Sep 05, 2025
9.34-1.44%
- Growth - Direct
(Earn upto 0.61% Extra Returns with Direct Plan)
Fund Category:
Equity: Sectoral-Technology
Expense Ratio:
0.25%(0.60% Category
average)Fund Size:
Rs. 141.76 Cr(0.33% of Investment in Category)
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Nippon India Nifty IT Index Fund Direct - Growth
Unrated
NAV as of Sep 05, 2025
9.34-1.44%
Expense Ratio:
0.25%
Fund Size:
Rs. 141.76 Cr
Fund Category:
Equity: Sectoral-Technology
Nippon India Nifty IT Index Fund Direct - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Nippon India Nifty IT Index Fund - Direct Plan as of Sep 05, 2025 is Rs 9.34 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -17.16% (1yr) and -4.35% (since launch). Whereas, Category returns for the same time duration are: -14.3% (1yr), 12.89% (3yr) and 19.33% (5yr).
3. Fund Size: The Nippon India Nifty IT Index Fund - Direct Plan currently holds Assets under Management worth of Rs 141.76 crore as on Jul 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.25% for Direct plan as on Sep 04, 2025.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the Nippon India Nifty IT Index Fund - Direct Plan as of Sep 05, 2025 is Rs 9.34 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -17.16% (1yr) and -4.35% (since launch). Whereas, Category returns for the same time duration are: -14.3% (1yr), 12.89% (3yr) and 19.33% (5yr).
3. Fund Size: The Nippon India Nifty IT Index Fund - Direct Plan currently holds Assets under Management worth of Rs 141.76 crore as on Jul 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.25% for Direct plan as on Sep 04, 2025.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
Nippon India Nifty IT Index Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -1.15 -6.41 -8.11 -17.16 - - Category Avg -0.24 -3.75 -0.89 -13.46 13.02 19.77 Rank within Category 16 15 16 12 - - No. of funds within Category 32 31 31 26 14 7 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY IT Total Return Index
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Nippon India Nifty IT Index Fund Direct - Growth Fund Details
Investment Objective - The scheme seeks to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty IT Index before expenses, subject to tracking errors.
| Fund House | Nippon India Mutual Fund |
| Launch Date | Feb 22, 2024 |
| Benchmark | NIFTY IT Total Return Index |
| Return Since Launch | -4.35% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Nippon India Nifty IT Index Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 1,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load | 0% |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| JUL 2025 | JUN 2025 | MAY 2025 | APR 2025 | MAR 2025 | FEB 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 10 | 10 | 10 | 10 | 10 | 10 |
| Top 5 Company Holdings | 78.19% | 78.49% | 77.58% | 78.71% | 78.98% | 80.21% |
| Top 10 Company Holdings | 99.62% | 99.6% | 99.46% | 99.82% | 99.99% | 99.69% |
| Company with Highest Exposure | Infosys (29.89%) | Infosys (28.68%) | Infosys (27.09%) | Infosys (27.19%) | Infosys (27.68%) | Infosys (28.99%) |
| Number of Sectors | 1 | 1 | 1 | 1 | 1 | 1 |
| Top 3 Sector Holdings | 99.62% | 99.6% | 99.46% | 99.82% | 99.99% | 99.69% |
| Top 5 Sector Holdings | 99.62% | 99.6% | 99.46% | 99.82% | 99.99% | 99.69% |
| Sector with Highest Exposure | Technology (99.62%) | Technology (99.6%) | Technology (99.46%) | Technology (99.82%) | Technology (99.99%) | Technology (99.69%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Infosys Technology 29.89 21.83 65.63 -24.04 Tata Consultancy Technology 21.19 22.17 136.19 -31.60 HCL Technologies Technology 10.63 22.43 62.56 -19.20 Tech Mahindra Technology 9.35 31.50 46.37 -8.95 Wipro Technology 7.13 18.88 12.84 -6.39 Coforge Technology 5.87 55.80 29.79 25.16 Persistent Systems Technology 5.58 51.61 97.10 -1.12 LTIMindtree Technology 4.76 31.96 159.24 -15.73 Mphasis Technology 3.2 30.49 91.42 -8.33 Oracle Financial Services Software Technology 2.02 29.99 276.73 -23.67
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Nippon India Nifty IT Index Fund Direct - Growth 9.34 Unrated 141.76 -1.15 -17.16 - - Edelweiss Technology Fund Direct - Growth 11.90 Unrated 666.62 0.43 0.03 - - Kotak Technology Fund Direct - Growth 11.46 Unrated 586.51 0.19 -9.64 - - Navi Nifty IT Index Fund Direct - Growth 10.17 Unrated 21.52 -1.12 -17.10 - - Invesco India Technology Fund Direct-Growth 9.74 Unrated 329.26 1.56 - - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Nippon India Mutual Fund News
Fund Manager
No Fund Manager for this fund
More Nippon India Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Nippon India Small Cap Fund Direct- Growth | 65,922.00 | -0.18 | 0.11 | 17.49 | -6.63 | 23.62 | |
| Nippon India Multi Cap Fund Direct-Growth | 45,881.41 | 0.85 | 1.17 | 17.48 | 0.48 | 23.46 | |
| Nippon India Large Cap Fund Direct-Growth | 44,164.76 | 1.44 | 1.90 | 15.07 | 2.21 | 19.94 | |
| Nippon India Growth Mid Cap Fund Direct- Growth | 38,581.28 | 0.64 | 0.42 | 17.36 | -0.27 | 24.80 | |
| Nippon India Liquid Fund Direct-Growth | 35,387.59 | 0.47 | 1.48 | 3.37 | 7.02 | 7.09 | |
| Nippon India Money Market Fund Direct-Growth | 22,460.96 | 0.43 | 1.61 | 4.25 | 8.05 | 7.65 | |
| Nippon India Arbitrage Fund Direct-Growth | 15,382.57 | 0.40 | 1.56 | 3.46 | 7.17 | 7.63 | |
| Nippon India ELSS Tax Saver Fund Direct-Growth | 15,338.90 | -0.70 | -0.49 | 14.38 | -3.31 | 17.51 | |
| Nippon India Ultra Short Duration Fund Direct-Growth | 10,252.04 | 0.48 | 1.66 | 4.06 | 7.96 | 7.66 | |
| Nippon India Corporate Bond Fund Direct-Growth | 10,013.39 | -0.14 | 0.66 | 4.99 | 8.90 | 8.18 |
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About Nippon India Nifty IT Index Fund Direct - Growth
1. Nippon India Nifty IT Index Fund - Direct Plan is Open-ended Sectoral-Technology Equity scheme which belongs to Nippon India Mutual Fund House.
2. The fund was launched on Feb 22, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty IT Index before expenses, subject to tracking errors. "
2. It is benchmarked against NIFTY IT Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.62% in equities, 0.0% in debts and 0.38% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 99.62% of the assets, the top 3 sectors constitute around 99.62% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Nippon India Nifty IT Index Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Nippon India Nifty IT Index Fund - Direct Plan is Open-ended Sectoral-Technology Equity scheme which belongs to Nippon India Mutual Fund House.
2. The fund was launched on Feb 22, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty IT Index before expenses, subject to tracking errors. "
2. It is benchmarked against NIFTY IT Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.62% in equities, 0.0% in debts and 0.38% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 99.62% of the assets, the top 3 sectors constitute around 99.62% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Nippon India Nifty IT Index Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Nippon India Nifty IT Index Fund Direct - Growth
- Is it safe to invest in Nippon India Nifty IT Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Nippon India Nifty IT Index Fund - Direct Plan comes under Very High risk category.
- What is the category of Nippon India Nifty IT Index Fund - Direct Plan?Nippon India Nifty IT Index Fund - Direct Plan belongs to the Equity : Sectoral-Technology category of funds.
- How Long should I Invest in Nippon India Nifty IT Index Fund - Direct Plan?The suggested investment horizon of investing into Nippon India Nifty IT Index Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Nippon India Nifty IT Index Fund - Direct Plan?The Nippon India Nifty IT Index Fund - Direct Plan is managed by.
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