Nippon India Equity Savings Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Nippon India Equity Savings Fund - Growth - Direct Plan is currently ₹753 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Reliance Industries and account for 19% of its portfolio. Top 5 and 10 stocks of fund account for 28% and 44% of fund’s portfolio respectively.

Top three sectors of Nippon India Equity Savings Fund - Growth - Direct Plan fund are BFSI, Others and Miscellaneous accounting for 56% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Equity Savings it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Nippon India Equity Savings Fund - Growth - Direct Plan Fund is Hybrid - Equity Savings.

Sushil Budhia and Ashutosh Bhargava manage the Nippon India Equity Savings Fund - Growth - Direct Plan Fund.

Nippon India Equity Savings Fund - Growth - Direct Plan current PE ratio is 32.13 and PB ratio is 4.83

The asset allocation of Nippon India Equity Savings Fund - Growth - Direct Plan is Stocks : 68.31%, Debt : 31.75% and Gold : 0%

The minimum SIP amount for Nippon India Equity Savings Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹5000.00

The exit load for Nippon India Equity Savings Fund - Growth - Direct Plan is Nil upto 10% of units and for remaining units 1% on or before 15 days and Nil after 15 days