Nippon India ETF Nifty India Consumption (Formerly Nippon India ETF Consumption)
An open ended Index Exchange Traded Fund
The investment objective of the scheme is to provide investment returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty India Consumption Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Note: The graph is plotted based on dividend reinvestment NAV.
The Scheme employs a passive investment approach designed to track the performance of Nifty India Consumption TRI.The Scheme seeks to achieve this goal by investing in securities constituting Nifty India Consumption Index in same proportion as in the Index.
*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.
**If charged, the same shall be credited to the scheme immediately net of service tax, if any.
Inception Date
03-04-2014
Benchmark
Nifty India Consumption TRI
4.02
Methodology of Benchmark
Methodology of Benchmark
Scheme Fund Managers
Mehul Dama
0.24
Pricing Per Unit
1/100th of Index
0.97
Creation Unit Size
60,000 Units
Exchange Listed
NSE
NSE Symbol
CONSUMBEES
0.55
ISIN
INF204KA1LD7
Total Expense Ratio^
Minimum Application Amount
Through Stock Exchange - 1 Unit & in multiples thereof.
Directly with the Mutual fund - in creation unit size viz. 60,000 Units & in multiples thereof.
Directly with the Mutual fund - in creation unit size viz. 60,000 Units & multiple of 1 unit thereof.
Load Structure
Entry Load : Nil, Exit Load : Nil
PRC Matrix
| Potential Risk Class | |||
|---|---|---|---|
| Credit Risk → | Relatively Low (Class A) |
Moderate (Class B) |
Relatively High (Class C) |
| Interest Rate Risk ↓ |
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| Relatively Low (Class I) |
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| Moderate (Class II) |
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| Relatively High (Class III) |
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Fund size
Monthly Avg
Rs.38.2 Cr
Month End
Rs. 35.93 Cr
Total Expense Ratio - includes additional expenses provided in Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax on Management Fees.
Data as on October 31, 2023
Long term capital growth
Investment in equity and equity related securities and portfolios replicating the composition of Nifty India Consumption Index, subject to tracking errors
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Data as on October 31, 2023.
Note: Data related to Group Disclosure is unavailable
Data as on October 31, 2023.
Source: ACE Equity
Data as on October 31, 2023.
Source: As per AMFI Industry Classification
Source: As per Hang Seng Industry Classification
