Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option
As on 02 May 2025

Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option
OtherNAV
₹ 9.44
CAGR (3 Years)
%
AUM (Cr)
₹ 29.31
Risk
Very High Risk
About Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option
The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty Auto Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achi
Breakdown of this Fund
Auto Ancillaries
15.76%
Automobile
167.14%
Castings, Forgings & Fastners
5.88%
Debt Others
-1.89%
Steel
3.01%
Tyres
10.10%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
1.94
Exit Load
0.5% if redeemed within 7 days Nil if redeemed after 7 days
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.