NFO Monitor

Fund Fact

Name of Funds:

Nippon India Nifty IT Index

Opening:

5th February 2024

Closing:

16th February 2024

Minimum Investment:

Rs.1,000 and in multiples of Re.1 thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

Nil

Fund Stats

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.

Benchmark:

NIFTY IT

Fund Manager:

Himanshu Mange

Asset Allocation

95-100% Securities constituting Nifty IT Index upto 5% Money Market

Nil Debt Nil Others

Comparable existing schemes

ICICI Prudential Nifty IT Index Fund	22.24(6M)	24.68(1Y)
Axis Nifty IT Index Fund	20.83(6M)	22.92(1Y)

Fund Prognosis

Idea Distiller

It is an IT index fund. No one needs an explanation for that nowadays.

Fund House AAUM:
Rs 38004904.17 Lakhs(as on 31st December, 2023)
Fund Manager:
Experience of above 4 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

If you are still an IT sector fan then go for it.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028