Nippon India Active Momentum Fund Direct Growth

Nippon India Active Momentum Fund Direct Growth is an equity fund. This fund was started on 28 February, 2025. The fund is managed by Ashutosh Bhargava, Kinjal Desai. The fund could potentially beat inflation in the long-run.

1. Nippon India Active Momentum Fund Direct Growth has ₹180 Cr worth of assets under management (AUM) as on May 2025 and is less than category average.
2. The fund has an expense ratio 0.7.
   

Nippon India Active Momentum Fund Direct Growth has given a CAGR return of 13.65% since inception.

Nippon India Active Momentum Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Consumer Cyclical, Health, Communication, Tech, Real Estate, Utilities, Consumer Defensive, Energy. Its top holdings are ICICI Bank Ltd, RBL Bank Ltd, Bharat Electronics Ltd, HDFC Bank Ltd, Bharti Airtel Ltd

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Nippon India Active Momentum Fund Direct Growth has no lock in period.