Nippon India Consumption Fund Direct Growth

Nippon India Consumption Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Sailesh Raj Bhan is the Current Fund Manager of Nippon India Consumption Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,77,915 Cr and the Latest NAV as of 01 Dec 2023 is ₹172.03. The Nippon India Consumption Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if redeemed within 1 month. ;

Investment Objective

The scheme seeks long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies that are likely to benefit directly or indirectly from the domestic consumption led demand. ;