NAV on (24 Apr 2026 )
₹10.93 ▼
(-0.68%)
Fund Size
₹36.06 Crores
1Y Returns
15.37 %
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 achieved.
Nippon Life India Asset Management Ltd.
Launch Date
November 14, 2024
Fund Manager
Mr. Jitendra Tolani
Initial Price
10
AUM Fund
36.06 Cr
Min investment
Rs 1000
Expense Ratio
0.35%
(1) Rs.100/- per month and in multiples of Re. 1/- thereafter for minimum 60 months.(2) Rs.500/- per month and in multiples of Re. 1/- thereafter for minimum 12 months.(3) Rs.1,000/- per month and in multiples of Re. 1/- thereafter for minimum 6 months.(4) Rs.500/- per quarter and in multiples of Re. 1/- thereafter for minimum 12 quarters.(5) Rs.1,500/- per quarter and in multiples of Re. 1/- thereafter for minimum 4 quarters.(6) Rs.5,000/- per year and in multiples of Rs. 500/- thereafter for minimum 2 years.
Nil
1 Month
+4.64%
6 Months
-5.23%
1 Year
+15.37%
2 Years (CAGR)
NA
3 Years (CAGR)
NA
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 143.82% | 0.00% | ₹1152.55 | |
| 142.83% | 213.84% | ₹14511.43 | |
| 142.70% | 0.00% | ₹5197.1 | |
| 142.62% | 0.00% | ₹3623.01 | |
| 142.62% | 0.00% | ₹3623.01 |
Q: What is the current NAV of Nippon India Nifty Auto Index Fund - Direct Plan - Growth?
A: The latest NAV of Nippon India Nifty Auto Index Fund - Direct Plan - Growth is ₹ 10.93 as on 24 Apr 2026.
Q: What type of mutual fund is Nippon India Nifty Auto Index Fund - Direct Plan - Growth?
A: Nippon India Nifty Auto Index Fund - Direct Plan - Growth is a 'Equity - Others' type mutual fund managed by 'Nippon Life India Asset Management Ltd.'.
Q: What is the expense ratio of Nippon India Nifty Auto Index Fund - Direct Plan - Growth?
A: The expense ratio of Nippon India Nifty Auto Index Fund - Direct Plan - Growth is 0.35%, which impacts overall returns.
Q: Who manages Nippon India Nifty Auto Index Fund - Direct Plan - Growth?
A: Nippon India Nifty Auto Index Fund - Direct Plan - Growth is managed by Mr. Jitendra Tolani, who oversees investment strategy and portfolio decisions.
Q: Is Nippon India Nifty Auto Index Fund - Direct Plan - Growth a good investment?
A: Nippon India Nifty Auto Index Fund - Direct Plan - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Nippon India Nifty Auto Index Fund - Direct Plan - Growth?
A: The exit load of Nippon India Nifty Auto Index Fund - Direct Plan - Growth is Nil, applicable if redeemed within the specified period.
Q: How is Nippon India Nifty Auto Index Fund - Direct Plan - Growth taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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