May 20, 2022
mayank
Nippon India ETF NV20
IDCW : Rs 102.6083
Suitability :
“When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Warning : Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Investment Strategy :
The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the NV20 Index before expenses, subject to tracking errors.
Fund Manager :
— Mehul Dama
Education : Mr. Dama has done C.A. & B.Com
Experience : Prior to joining Nippon India Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.