
Nippon India Nifty IT Index Fund Direct Growth is a mutual fund scheme launched on 22 Feb 2024. The current NAV stands at ₹8.9735 as of 30 Oct 2026. From the funds total AUM, its top holdings include Infosys at 26.96%, Tata Consultancy Services at 19.63%, Tech Mahindra at 11.40%, HCL Technologies at 10.63%, Wipro at 7.06%
Scheme Overview
- Inception Date : 22 Feb 2024
- AUM : ₹240.10 Cr
- 1Y Returns (CAGR) : -7.93%
- Expense Ratio : 0.41%
- Min. SIP : ₹100
- Min. Lumpsum : ₹1,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 5.75 L
-7.93%
Total Investment
₹ 6,00,000
Returns
₹ -25,158 (-7.93%)
Maturity Value
₹ 5,74,842
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
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*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 240.10 Cr
Cash Holding
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Equity
-
Cash
-
Debt
-
Other
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Asset Allocation
AUM
₹240.10 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Technology | 99.56% | ||
| Other | 0.44% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() I Infosys | 26.96% | |
![]() T Tata Consultancy Services | 19.63% | |
![]() T Tech Mahindra | 11.40% | |
![]() H HCL Technologies | 10.63% | |
![]() W Wipro | 7.06% | |
![]() P Persistent Systems | 6.84% | |
![]() C Coforge | 5.98% | |
![]() L LTM | 4.56% | |
![]() M Mphasis | 3.64% | |
![]() O Oracle Financial Services Software | 2.87% | |
![]() T Triparty Repo | 0.55% | |
![]() N Net Current Assets | 0.11% | |
![]() C Cash Margin - Ccil | 0.00% |
Fund Comparison
Fund Details
52W High NAV
-
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 1,000.00
AUM (in Cr.)
₹ 240.10
Expense Ratio
0.41%
Lock-in Period
No Lock in Period
52W Low NAV
-
Inception Date
22 Feb 2024
Fund Age
2 Yrs
Benchmark
Nifty IT TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Jitendra Tolani | MBA (FINANCE) |
Fund Objective
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 IT Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Nippon India Mutual Fund
No. of Schemes
70
Total AUM
₹ 5,37,300.17 Cr
Contact Details
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
Contact Details
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
FAQs
When was Nippon India Nifty IT Index Fund launched?
What is the current NAV of Nippon India Nifty IT Index Fund?
What is the AUM of Nippon India Nifty IT Index Fund?
What is the rate of return of Nippon India Nifty IT Index Fund?
- In the past 1Y: -7.93%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Nippon India Nifty IT Index Fund?
What is exit load of Nippon India Nifty IT Index Fund?
What is the portfolio of Nippon India Nifty IT Index Fund?
- Infosys: 26.96%
- Tata Consultancy Services: 19.63%
- Tech Mahindra: 11.40%
- HCL Technologies: 10.63%
- Wipro: 7.06%
Top 3 sectoral holdings include:
- Technology: 99.56%
- Others: 0.66%
How risky is investing in Nippon India Nifty IT Index Fund?
Who is the fund manager Nippon India Nifty IT Index Fund?
What is the minimum investment required in Nippon India Nifty IT Index Fund?
How to invest in Nippon India Nifty IT Index Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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