CustomBreadcrumb Nippon India Nifty IT Index Fund An open-ended scheme replicating/tracking Nifty IT Index Product Label and Risk Categories Product Note Product Label This product is suitable for investors who are seeking*: Long term capital growth. Investment in equity and equity related securities and portfolios replicating the composition of NIFTY IT Index, subject to tracking errors *Investors should consult their financial advisers if in doubt about whether the product is suitable for them Fund Riskometer Nippon India Nifty IT Index Fund Benchmark Riskometer NIFTY IT TRI Invest now Add to Compare Fund Features Track Fund COMPARE FUND FEATURES(0) Investment Objective: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 IT Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.. Fund PerformanceGrowth Plan - Growth Option Latest NAV (26 Jul 2024)10.8044 Returns NAVs For the investment amount of 10,000 Scheme Plan NAV NAV Date Change Since Last NAV Change Since Last NAV (%) Direct Growth Plan 10.8337 26-07-2024 0.24 2.29 Growth Plan - Growth Option 10.8044 26-07-2024 0.24 2.29 Direct IDCW Plan 10.8337 26-07-2024 0.24 2.29 IDCW Plan 10.8044 26-07-2024 0.24 2.29 OldFundDetailsPerformance of Nippon India Nifty IT Index Fund as on 30/06/2024Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since InceptionSince the fund has not completed six months, the scheme performance has not been provided. Read more Fund Details Inception Date22 Feb 2024 Fund ManagerMr. Himanshu Mange Current Investment Philosophy The fund employs a passive investment approach designed to track the performance of Nifty IT TRI The fund seeks to achieve this goal by investing in securities constituting the Nifty IT Index in same proportion as in the Index. Minimum Investment 1000.00 and in multiples of Re. 1 thereafter Note – Pursuant to notice cum addendum dated October 30, 2021, for investments made by designated employees in terms of clause 6.10 of SEBI Master circular dated May 19, 2023, requirement for minimum application/ redemption amount will not be applicable. Fund Manager Mr. Himanshu Mange Others funds managed by Mr. Himanshu Mange Load Details Entry Load*: Not Applicable *In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Exit Load**: Nil, thereafter Product label This product is suitable for investors who are seeking*: Long term capital growth. Investment in equity and equity related securities and portfolios replicating the composition of NIFTY IT Index, subject to tracking errors *Investors should consult their financial advisers if in doubt about whether the product is suitable for them (BROWN) Investors understand that their principal will be at high risk (YELLOW) Investors understand that their principal will be at medium risk (BLUE) Investors understand that their principal will be at low risk Portfolio Top Ten Holdings Industry Allocation Select Select Top Ten Holdings Top 7 Groups Sectoral Breakdown Portfolio Disclosures as on Jun 30 , 2024 Group Name % to NAV Infosys 26.91 Tata 24.72 Shiv Nadar 14 Mahindra & Mahindra 9.59 WIPRO 8.76 L&T 7.59 Persistent Systems 5.36 Mphasis - MNC 2.46 CCIL 1.95 Related Downloads & Tools Downloads Fund Performance NAV History Dividends Factsheets Fund-wise Factsheet Portfolio Scheme Information Document Presentation IT Index Fund presentation Product Note Brochure Index Constituents Tracking Error and Tracking Difference Other disclosure for ETFs/Index Funds Tools SIP Calculator Financial Calculator For SIP/SWP/STP