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INVESTMENT OBJECTIVE

FUND NAME

Nippon India ETF Nifty IT

FUND TYPE

An open ended scheme replicating/ tracking NIFTY IT Index

INVESTMENT FOCUS

The Scheme employs a passive investment approach designed to track the performance of Nifty IT TRI. The Scheme seeks to achieve this goal by investing in securities constituting Nifty IT Index in same proportion as in the Index.

Performance

Note: The graph is plotted based on dividend reinvestment NAV.

FUND BASICS

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Fund Manager

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Fund Manager

Current Investment Philosophy

The Scheme employs a passive investment approach designed to track the performance of Nifty IT TRI. The Scheme seeks to achieve this goal by investing in securities constituting Nifty IT Index in same proportion as in the Index.

Load Details
Entry Load* : Nil

*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

**If charged, the same shall be credited to the scheme immediately net of service tax, if any.

Inception Date

26/06/2020

Volatility Measures

Benchmark

Nifty IT TRI

Standard Deviation

Scheme Fund Managers

Mehul Dama

Beta

Pricing Per Unit

1/1000th of Index

Sharpe Ratio

Creation Unit Size

100,000 Units

$Note: The above measures have been calculated using monthly rolling returns for 36 months period with 3.79% risk free return (FBIL Overnight MIBOR as on 30/09/2020).

Exchange Listed

NSE

NSE Symbol

NETFIT

Portfolio Turnover (Times)

BSE Code

NA

Tracking Error(%)

ISIN

INF204KB15V2

Note : Tracking Error – Calculated using daily value for 36 months period.

Bloomberg Code

Reuters Code

Minimum Application Amount

Through Stock Exchange - 1 Unit & in multiples thereof.

Directly with the Mutual fund - in creation unit size viz. 100,000 Units & in multiples thereof.

Load Structure

Entry Load : Nil, Exit Load : Nil

Fund size

Monthly Avg

Rs.404.84 Cr

Month End

Rs.708.14 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.

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.
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TOP 10 HOLDINGS

INDUSTRY ALLOCATION

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