Nippon India Nifty Realty Index Fund Review – Nippon India Nifty Realty Index Fund Review Direct NFO Open on 14 November 2024 and Close on 28 November 2024. Nippon India Nifty Realty Index Fund Direct NFO Allotment Date is 04 December 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹1,000. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
An open-ended scheme replicating/tracking Nifty Realty Index.
Scheme Benchmark : Nifty Realty TRI – Considering the investment in the scheme is made with the objective of achieving return commensurate with the performance of Nifty Realty Index, we propose to have Nifty Realty TRI as benchmark. Total Return variant of the index (TRI) will be used for performance comparison.
Nippon India Nifty Realty Index Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| Nifty Realty TRIDLF Ltd. | 22.90 |
| Macrotech Developers Ltd. | 14.60 |
| Godrej Properties Ltd. | 14.48 |
| Phoenix Mills Ltd. | 12.35 |
| Prestige Estates Projects Ltd. | 12.02 |
| Oberoi Realty Ltd. | 10.08 |
| Brigade Enterprises Ltd. | 7.09 |
| Sobha Ltd. | 2.48 |
| Raymond Ltd. | 2.38 |
| Mahindra Lifespace Developers Ltd. | 1.62 |
Nippon India Nifty Realty Index Fund Important Date
| Scheme Offer | Nippon India Nifty Realty Index Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 14 Nov 2024 |
| Close Date | 28 Nov 2024 |
| Allotment Date | 04 Dec 2024 |
| Category | Index Fund |
| Min Inv ₹ | ₹1,000 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty Realty TRI |
Investment Objective of the Scheme ?
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 Realty Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.
Nippon India Nifty Realty Index Fund Other Details
| Exit Load | N/A |
|---|---|
| Exit Load Details | N/A |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 1,000 |
| Min. SIP | Rs. 100 |
Nippon India Nifty Realty Index Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Securities constituting Nifty Realty Index | 95% | 100% |
| Cash & cash equivalents and Money Market instruments, and/or Schemes which invest predominantly in the money market securities or Liquid Schemes | 0% | 5% |
Manager Manage the Scheme?
Fund Manger : Mr. Himanshu Mange
Qualification : Chartered Accountant
Experience : Over 4 years of experience From Dec 23, 2023 onwards Fund Manager & Dealer – ETF, NAM India Feb 02, 2022 – December 22, 2023 Dealer – ETF, NAM India Dec 04, 2019 – Feb 01, 2022 TATA AIA Life Insurance Co. Ltd.: Assistant Manager (Investment Operations – Finance & Accounts).
Nippon India Nifty Realty Index Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | -8.87 | 27.65 | 65.76 | 30.02 | -0.00 |
| Total Return | -8.87 | 27.98 | 66.22 | 30.47 | 0.56 |
Where Will the Scheme Invest ?
- Securities of companies constituting Nifty Realty Index.
- Equity Derivatives of the index itself or its constituent stocks.
- Cash & Cash Equivalents including Government Securities, T-Bills and Repo on Government Securities.
- Money Market Instruments.
- Schemes which invest predominantly in the money market securities or Liquid Schemes.
Also Read: Nippon India Nifty Auto Index Fund Review
Nippon India Nifty Realty Index Fund Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna
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