Nippon India Nifty IT Index Fund
The scheme seeks 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.
Growthvine rating: 3/5 — ranked #117 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹7.64 (as of 2026-10-01) |
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| AUM | ₹262 Cr |
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| Expense ratio | 0.74% |
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| Riskometer | Very High |
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| Fund manager | Jitendra Tolani |
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| Exit load | 0 |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −42.76% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 80.5% |
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| Mid cap | 19.5% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 78.3% |
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| Top 10 holdings | 100.2% |
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| Total holdings | 10 |
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Top holdings
- Infosys Ltd — 28.9%
- Tata Consultancy Services Ltd. — 20.3%
- HCL Technologies Ltd — 11.5%
- Tech Mahindra Limited — 10.6%
- COFORGE LIMITED — 7.1%
- Persistent Systems Limited — 6.2%
- Wipro Ltd. — 5.1%
- LTM LIMITED — 4.3%
- Mphasis Limited — 3.3%
- Oracle Financial Services Software Limited — 3.0%
Top sectors
- Software & Services — 100.2%
- Cash — −0.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −24.8% | — | — |
| 2025 | −11.2% | — | — |