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How To Open Lifetime Free Mutual Funds Investment Account

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Life Time Free Mutual Funds Investment Account

Updated on July 22, 2024 , 7181 views

Welcome to the World of Fincash.com!

First of all, we would like to thank you for choosing us as your Mutual Fund investment channel.

Are you a beginner? Are you a seasoned investor? Don’t worry, all your needs will be catered. Be Rest Assured as we are always there to guide you at every step whether related to investments, product selection, registration or any other query. So, let’s move ahead to have a better understanding of the features of the Life Time Free Mutual Funds Investment Account along with the registration process.

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Why Fincash.com Investment Account?

Fincash.com always believes in “Customer First” policy. We always ensure to provide top-notch customer service by keeping in mind the client’s requirements and how effectively it can be fulfilled. Our aim is to create value for your money so that you can achieve your goals within the timeframe. Some of the investor-friendly features of Fincash.com include:

  • User-friendly website so that you get maximum information in minimum clicks
  • Lifetime Active & Free Account where investors need not pay any money even if they don’t transact.
  • Easy Registration Process where people need not spend much time.
  • KYC Compliance which can be done within our framework through eKYC and is indeed helpful for first-timers.
  • Safety & Security are always on our priority where; we ensure that client’s data and all their transactions both are kept confidential.
  • Wide Range of Schemes which people can choose as per their requirements.
  • Customized Solutions of Fincash.com that helps investors to ease out their product selection process under the categories of ELSS, SIPs, and Tax Saving Scheme.

Registration Process for Fincash.com

Well, the registration process to open your Life Time Free Mutual Fund Investment Account is quite simple. To complete your registration, you require:

  • An active mobile number
  • PAN number
  • Aadhar Number
  • Scanned Copy/Image of personalized cancelled cheque, Bank statement, Front Page of Passbook
  • Scanned Copy/Image of your Signature

let us look at the registration process:

Step 1: Create Your Login

The First step begins with creating your login. To create your login id, first you need to visit the website of www.fincash.com and click on the SIGN UP button on the top right side of the screen After clicking on this button, you need to enter your email address and password. This login id will be used by you whenever while transacting. So, be sure that you give your correct and valid email address. You can even do social signup using Facebook or Gmail id. The image showing the login button tab and the login screen is shown below.

Step-1-Login

Step 2: Mobile Verification

After creating your login id, the next step deals with verification of mobile number. In other words, post creation of login id, the screen gets redirected to mobile number verification where people need to enter their mobile number. Upon entering the mobile number, they receive a One Time Password (OTP) through SMS which again needs to be entered on the screen. So, be careful that you enter your correct and active mobile number. Also, while entering the OTP, ensure that all the characters are entered correctly. The image for the second step is as follows.

Step-2-Mobile-Verification

Step 3: PAN MF KYC Status Check

The Third step ensures that, whether you are a KYC compliant investor or not. MF KYC or Know-Your-Customer is a one-time process that you need to complete before Investing money in Mutual Funds. The KYC Status is verified using your PAN. If you have already completed your KYC process, then you will get a pop up for the same and can proceed with the registration process.

Step 3 Registration

Step 4: Registration Form

This process needs to be completed by all individuals. For registration purposes, you need to fill in the form, that is spread out into 5 different tabs. These tabs include personal information, address details, bank account, FATCA details, and nominee. By filling all the tabs and uploading the relevant documents, you complete the complete KYC process and can invest up to any amount in Mutual Funds. After filling all the details, you need to click on the check box, to proceed to the next step. The image showing the various tabs of registration form along with the check box is as shown below.

Step-4-Registration

4:1- Fill Personal Information

Fincash Registration Personal Information

When you click on the Personal Information option, you will have to fill details like

  • Name (as on PAN Card)
  • PAN number
  • Father/Spouse name
  • Mobile number
  • Email address
  • Date of Birth (DD/mm/yyyy format)
  • Tax status (options in drop-down)

At the bottom if have to choose your martial status and gender. Click on the save button.

4:2- Fill Address Details

Fincash Registration Address Details

In the address details section, fill the following information:

  • Address types (the options are given in the drop-down)
  • Address details
  • Pin code
  • Landmark
  • City
  • District
  • State
  • Country

At the bottom, click on the yellow button and save the details.

4:3- Bank Details

Fincash Registration Bank Details

For registration, you need to fill your bank details like:

  • Name (as on bank cheque)
  • Account type (options in the drop-down)
  • IFSC code
  • Bank account number
  • Confirm bank account number

Once you fill all the information, save the details.

4:4- FATCA

Fincash Registration FATCA

In FATCA, following are the information to fill, there are drop-downs given:

  • Annual Income
  • Occupation
  • Source of wealth
  • Nationality
  • Birth country
  • Birth city
  • Tax residency

At the bottom you need to select if you are politically exposed or politically related.

4:4- Nominee (Optional)

Fincash Registration Nominee Option

Adding nominee is optional. If you choose to fill, add the nominee name and choose the relation you share.

Once filled, accept the Terms & Conditions and proceed to upload documents.

Step 5: Upload Documents

This is the final step in your registration process. If you have completed the KYC process, then you just need to upload:

  • Scanned copy/Image of your signature and
  • Scanned copy/Image of your personalized cheque.

However, if you have not completed the eKYC and you are not KYC compliant then along with the above-mentioned documents, you need to upload

  • Photograph
  • Scanned copy/Image of PAN card and
  • Scanned copy/Image of Address Proof

In case of upload documents, the display of the screen is given below as follows.

Step-5-Upload-Documents

Thus, we can see that the registration process is quite simple. Now the final part that is the customized solutions of Fincash.com. The USP of Fincash.com is its customized solutions that help in easing out the product selection process.

Fincash Solutions

These three solutions are for general investment need are :

SavingsPlus

This solution is suitable for people having idle money in their savings bank account and are looking for avenues to augment more income. savingsplus is a bundle of top three Liquid Fund schemes that offer more returns as compared to the Savings Account. Additionally, these funds are considered as a safe investment avenue. Some of the features of SavingsPlus are:

  • Higher returns
  • Instant Redemption
  • No lock-in or exit load
  • Invest and redeem in a click

Checkout Saving Plus

SmartSIP

smartsip is a bundle of top three equity fund schemes that are considered to be stable and have earned good returns over a period of time. Its apt for people having long-term investment period. As the name suggests SIP, people can invest small amounts in this schemes to attain their objectives. The features of SmartSIP include:

  • Pre-selected top 3 SIP schemes
  • Schemes selected after an analysis of 20,000 schemes
  • Earn healthy returns

Checkout Smart SIP

TaxSaver

The third solution taxsaver is a bundle of two Equity Mutual Funds that give the advantages of investing and tax benefits. Through TaxSaver, people can claim a tax Deduction up to INR 1,50,000 under Section 80C of income tax Act, 1961 for a particular Financial Year. Being Tax Saving Investments, they have a lock-in period of three years. Their features include:

  • Selected after analysis across ELSS category
  • Pre-selected top 2 best Equity Linked Saving Schemes(ELSS)
  • Save tax and earn healthy returns

Checkout Tax Saver

Best Mutual Funds to Start Investments

Below is the list of best mutual funds once can invest having Net Assets/ AUM above 500 Crore.

1. SBI PSU Fund

The objective of the scheme would be to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings and in debt and money market instruments issued by PSUs AND others.

SBI PSU Fund is a Equity - Sectoral fund was launched on 7 Jul 10. It is a fund with High risk and has given a CAGR/Annualized return of 9% since its launch.  Ranked 31 in Sectoral category.  Return for 2023 was 54% , 2022 was 29% and 2021 was 32.4% .

Below is the key information for SBI PSU Fund

SBI PSU Fund
Growth
Launch Date 7 Jul 10
NAV (24 Jul 24) ₹33.6726 ↑ 0.27   (0.82 %)
Net Assets (Cr) ₹3,695 on 30 Jun 24
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating
Risk High
Expense Ratio 2.52
Sharpe Ratio 2.82
Information Ratio -1.09
Alpha Ratio -5.09
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹7,741
30 Jun 21₹11,369
30 Jun 22₹11,338
30 Jun 23₹15,472
30 Jun 24₹30,459

SBI PSU Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹598,181.
Net Profit of ₹298,181
Invest Now

Returns for SBI PSU Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

DurationReturns
1 Month 3%
3 Month 10.8%
6 Month 29.5%
1 Year 84.7%
3 Year 40.4%
5 Year 27.1%
10 Year
15 Year
Since launch 9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 54%
2022 29%
2021 32.4%
2020 -10%
2019 6%
2018 -23.8%
2017 21.9%
2016 16.2%
2015 -11.1%
2014 41.5%
Fund Manager information for SBI PSU Fund
NameSinceTenure
Rohit Shimpi1 Jun 240.08 Yr.

Data below for SBI PSU Fund as on 30 Jun 24

Equity Sector Allocation
SectorValue
Financial Services31.38%
Utility22.65%
Energy15.95%
Industrials13.12%
Basic Materials8.45%
Asset Allocation
Asset ClassValue
Cash8.45%
Equity91.55%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
State Bank of India (Financial Services)
Equity, Since 31 Jul 10 | SBIN
14%₹524 Cr6,177,500
↑ 2,300,000
GAIL (India) Ltd (Utilities)
Equity, Since 31 May 24 | GAIL
9%₹340 Cr15,500,000
↑ 12,450,000
Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Jul 10 | POWERGRID
9%₹332 Cr10,035,554
↑ 4,150,000
NTPC Ltd (Utilities)
Equity, Since 31 Jul 10 | NTPC
4%₹164 Cr4,343,244
Bharat Electronics Ltd (Industrials)
Equity, Since 30 Jun 24 | BEL
4%₹147 Cr4,800,000
↑ 4,800,000
Coal India Ltd (Energy)
Equity, Since 30 Sep 21 | COALINDIA
4%₹130 Cr2,750,000
Life Insurance Corporation of India (Financial Services)
Equity, Since 29 Feb 24 | 543526
4%₹130 Cr1,310,000
↑ 460,000
Petronet LNG Ltd (Energy)
Equity, Since 30 Jun 24 | PETRONET
3%₹116 Cr3,500,000
↑ 3,500,000
General Insurance Corp of India (Financial Services)
Equity, Since 31 May 24 | GICRE
3%₹114 Cr3,000,000
↑ 1,800,000
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Jun 24 | SBILIFE
3%₹112 Cr750,000
↑ 750,000

2. Invesco India PSU Equity Fund

To generate capital appreciation by investing in Equity and Equity Related Instruments of companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Invesco India PSU Equity Fund is a Equity - Sectoral fund was launched on 18 Nov 09. It is a fund with High risk and has given a CAGR/Annualized return of 13.9% since its launch.  Ranked 33 in Sectoral category.  Return for 2023 was 54.5% , 2022 was 20.5% and 2021 was 31.1% .

Below is the key information for Invesco India PSU Equity Fund

Invesco India PSU Equity Fund
Growth
Launch Date 18 Nov 09
NAV (24 Jul 24) ₹67.77 ↑ 0.29   (0.43 %)
Net Assets (Cr) ₹1,363 on 30 Jun 24
Category Equity - Sectoral
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk High
Expense Ratio 2.46
Sharpe Ratio 3.34
Information Ratio -0.8
Alpha Ratio 6.33
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹9,836
30 Jun 21₹13,587
30 Jun 22₹13,209
30 Jun 23₹18,874
30 Jun 24₹36,818

Invesco India PSU Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹657,502.
Net Profit of ₹357,502
Invest Now

Returns for Invesco India PSU Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

DurationReturns
1 Month 1.4%
3 Month 17%
6 Month 37.1%
1 Year 84.4%
3 Year 39.3%
5 Year 31.6%
10 Year
15 Year
Since launch 13.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 54.5%
2022 20.5%
2021 31.1%
2020 6.1%
2019 10.1%
2018 -16.9%
2017 24.3%
2016 17.9%
2015 2.5%
2014 54.5%
Fund Manager information for Invesco India PSU Equity Fund
NameSinceTenure
Dhimant Kothari19 May 204.12 Yr.

Data below for Invesco India PSU Equity Fund as on 30 Jun 24

Equity Sector Allocation
SectorValue
Industrials36.61%
Financial Services23.51%
Utility22.33%
Energy14.56%
Asset Allocation
Asset ClassValue
Cash2.99%
Equity97.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 22 | POWERGRID
9%₹118 Cr3,556,510
↑ 897,947
Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | HAL
9%₹117 Cr221,859
Bharat Electronics Ltd (Industrials)
Equity, Since 31 Mar 17 | BEL
8%₹114 Cr3,715,873
NTPC Ltd (Utilities)
Equity, Since 31 May 19 | NTPC
8%₹104 Cr2,741,416
↑ 223,921
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
7%₹101 Cr1,189,110
↑ 114,962
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 18 | BPCL
6%₹84 Cr2,775,528
↑ 1,220,272
Coal India Ltd (Energy)
Equity, Since 31 Aug 23 | COALINDIA
6%₹81 Cr1,711,852
Bank of Baroda (Financial Services)
Equity, Since 30 Jun 21 | BANKBARODA
5%₹71 Cr2,560,301
↑ 1,092,411
Bharat Dynamics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | BDL
5%₹70 Cr439,050
↑ 16,813
BEML Ltd (Industrials)
Equity, Since 31 Aug 23 | BEML
4%₹55 Cr124,817

3. ICICI Prudential Infrastructure Fund

To generate capital appreciation and income distribution to unit holders by investing predominantly in equity/equity related securities of the companies belonging to the infrastructure development and balance in debt securities and money market instruments.

ICICI Prudential Infrastructure Fund is a Equity - Sectoral fund was launched on 31 Aug 05. It is a fund with High risk and has given a CAGR/Annualized return of 16.9% since its launch.  Ranked 27 in Sectoral category.  Return for 2023 was 44.6% , 2022 was 28.8% and 2021 was 50.1% .

Below is the key information for ICICI Prudential Infrastructure Fund

ICICI Prudential Infrastructure Fund
Growth
Launch Date 31 Aug 05
NAV (24 Jul 24) ₹192.32 ↑ 1.15   (0.60 %)
Net Assets (Cr) ₹5,703 on 30 Jun 24
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.22
Sharpe Ratio 3.72
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹7,392
30 Jun 21₹12,936
30 Jun 22₹14,921
30 Jun 23₹21,145
30 Jun 24₹35,311

ICICI Prudential Infrastructure Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹642,208.
Net Profit of ₹342,208
Invest Now

Returns for ICICI Prudential Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

DurationReturns
1 Month 2.2%
3 Month 12%
6 Month 29.4%
1 Year 63%
3 Year 39%
5 Year 30.4%
10 Year
15 Year
Since launch 16.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 44.6%
2022 28.8%
2021 50.1%
2020 3.6%
2019 2.6%
2018 -14%
2017 40.8%
2016 2%
2015 -3.4%
2014 56.2%
Fund Manager information for ICICI Prudential Infrastructure Fund
NameSinceTenure
Ihab Dalwai3 Jun 177.08 Yr.
Sharmila D’mello30 Jun 222.01 Yr.

Data below for ICICI Prudential Infrastructure Fund as on 30 Jun 24

Equity Sector Allocation
SectorValue
Industrials30.35%
Basic Materials17.84%
Financial Services16.23%
Utility14.53%
Energy7.78%
Consumer Cyclical2.03%
Real Estate1.95%
Communication Services1.4%
Asset Allocation
Asset ClassValue
Cash7.16%
Equity92.1%
Debt0.74%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | NTPC
6%₹369 Cr9,765,698
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | LT
6%₹323 Cr910,000
↑ 190,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK
5%₹271 Cr1,610,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK
5%₹264 Cr2,200,000
↑ 100,000
Gujarat Gas Ltd (Utilities)
Equity, Since 31 Jan 23 | GUJGASLTD
4%₹214 Cr3,398,077
Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | KPIL
4%₹207 Cr1,758,276
↑ 177,553
NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | NCC
3%₹193 Cr6,100,157
↑ 100,157
Nuvoco Vista Corp Ltd (Basic Materials)
Equity, Since 28 Feb 23 | 543334
3%₹169 Cr4,656,019
↑ 345,202
Grasim Industries Ltd (Basic Materials)
Equity, Since 31 Aug 23 | GRASIM
2%₹141 Cr526,423
↓ -93,577
Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 17 | ONGC
2%₹131 Cr4,780,800
↑ 600,000

4. Motilal Oswal Midcap 30 Fund 

(Erstwhile Motilal Oswal MOSt Focused Midcap 30 Fund)

The investment objective of the Scheme is to achieve long term capital appreciation by investing in a maximum of 30 quality mid-cap companies having long-term competitive advantages and potential for growth. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Motilal Oswal Midcap 30 Fund  is a Equity - Mid Cap fund was launched on 24 Feb 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 24.6% since its launch.  Ranked 27 in Mid Cap category.  Return for 2023 was 41.7% , 2022 was 10.7% and 2021 was 55.8% .

Below is the key information for Motilal Oswal Midcap 30 Fund 

Motilal Oswal Midcap 30 Fund 
Growth
Launch Date 24 Feb 14
NAV (24 Jul 24) ₹98.3563 ↑ 1.23   (1.26 %)
Net Assets (Cr) ₹12,628 on 30 Jun 24
Category Equity - Mid Cap
AMC Motilal Oswal Asset Management Co. Ltd
Rating
Risk Moderately High
Expense Ratio 1.45
Sharpe Ratio 2.97
Information Ratio 1.3
Alpha Ratio 13.91
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹8,692
30 Jun 21₹14,156
30 Jun 22₹16,857
30 Jun 23₹23,241
30 Jun 24₹38,133

Motilal Oswal Midcap 30 Fund  SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹689,048.
Net Profit of ₹389,048
Invest Now

Returns for Motilal Oswal Midcap 30 Fund 

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

DurationReturns
1 Month 4.6%
3 Month 19.9%
6 Month 33.1%
1 Year 68.1%
3 Year 38.5%
5 Year 33.9%
10 Year
15 Year
Since launch 24.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 41.7%
2022 10.7%
2021 55.8%
2020 9.3%
2019 9.7%
2018 -12.7%
2017 30.8%
2016 5.2%
2015 16.5%
2014
Fund Manager information for Motilal Oswal Midcap 30 Fund 
NameSinceTenure
Niket Shah1 Jul 204 Yr.
Rakesh Shetty22 Nov 221.61 Yr.
Sunil Sawant1 Jul 240 Yr.

Data below for Motilal Oswal Midcap 30 Fund  as on 30 Jun 24

Equity Sector Allocation
SectorValue
Industrials20.44%
Technology19.88%
Consumer Cyclical18.37%
Communication Services10.98%
Financial Services10.48%
Health Care5.26%
Real Estate4.79%
Basic Materials4.65%
Asset Allocation
Asset ClassValue
Cash5.15%
Equity94.85%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Aug 23 | 543940
10%₹1,200 Cr33,500,000
↑ 3,500,000
Vodafone Idea Ltd (Communication Services)
Equity, Since 30 Apr 24 | IDEA
9%₹1,199 Cr670,000,000
↑ 15,000,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 23 | PERSISTENT
9%₹1,153 Cr2,717,757
↑ 579,865
Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | KALYANKJIL
8%₹965 Cr19,250,000
↓ -750,000
Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 543320
7%₹903 Cr45,000,000
↓ -2,500,000
Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 20 | TIINDIA
7%₹892 Cr2,094,862
↓ -155,138
Coforge Ltd (Technology)
Equity, Since 31 Mar 23 | COFORGE
5%₹628 Cr1,150,000
↑ 324,381
Polycab India Ltd (Industrials)
Equity, Since 30 Sep 23 | POLYCAB
5%₹607 Cr900,000
↑ 250,000
KPIT Technologies Ltd (Technology)
Equity, Since 31 Jan 23 | KPITTECH
4%₹490 Cr3,000,000
↑ 1,000,000
Balkrishna Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 23 | BALKRISIND
4%₹452 Cr1,400,000

5. Nippon India Power and Infra Fund

(Erstwhile Reliance Diversified Power Sector Fund)

The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies in the power sector.

Nippon India Power and Infra Fund is a Equity - Sectoral fund was launched on 8 May 04. It is a fund with High risk and has given a CAGR/Annualized return of 19.5% since its launch.  Ranked 13 in Sectoral category.  Return for 2023 was 58% , 2022 was 10.9% and 2021 was 48.9% .

Below is the key information for Nippon India Power and Infra Fund

Nippon India Power and Infra Fund
Growth
Launch Date 8 May 04
NAV (24 Jul 24) ₹368.637 ↑ 1.24   (0.34 %)
Net Assets (Cr) ₹6,694 on 30 Jun 24
Category Equity - Sectoral
AMC Nippon Life Asset Management Ltd.
Rating
Risk High
Expense Ratio 2.23
Sharpe Ratio 4.16
Information Ratio 1.69
Alpha Ratio 19.54
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Jun 19₹10,000
30 Jun 20₹8,161
30 Jun 21₹13,274
30 Jun 22₹13,569
30 Jun 23₹19,915
30 Jun 24₹36,330

Nippon India Power and Infra Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹642,208.
Net Profit of ₹342,208
Invest Now

Returns for Nippon India Power and Infra Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

DurationReturns
1 Month 1.7%
3 Month 14.6%
6 Month 32.1%
1 Year 72.1%
3 Year 37.6%
5 Year 30.6%
10 Year
15 Year
Since launch 19.5%
Historical performance (Yearly) on absolute basis
YearReturns
2023 58%
2022 10.9%
2021 48.9%
2020 10.8%
2019 -2.9%
2018 -21.1%
2017 61.7%
2016 0.1%
2015 0.3%
2014 50.8%
Fund Manager information for Nippon India Power and Infra Fund
NameSinceTenure
Sanjay Doshi2 Jan 177.5 Yr.
Kinjal Desai25 May 186.11 Yr.

Data below for Nippon India Power and Infra Fund as on 30 Jun 24

Equity Sector Allocation
SectorValue
Industrials39.27%
Utility14.61%
Basic Materials10.47%
Energy7.48%
Communication Services7.27%
Real Estate5.03%
Consumer Cyclical4.68%
Technology4.41%
Health Care2.31%
Asset Allocation
Asset ClassValue
Cash4.47%
Equity95.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
7%₹501 Cr1,600,000
↑ 400,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 07 | LT
7%₹479 Cr1,350,000
↑ 350,000
NTPC Ltd (Utilities)
Equity, Since 31 May 09 | NTPC
6%₹414 Cr10,947,087
↑ 1,447,087
Kaynes Technology India Ltd (Industrials)
Equity, Since 30 Nov 22 | KAYNES
5%₹328 Cr850,900
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 18 | BHARTIARTL
5%₹318 Cr2,200,000
↑ 400,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO
5%₹315 Cr270,000
↑ 35,000
Bosch Ltd (Consumer Cyclical)
Equity, Since 31 Aug 21 | BOSCHLTD
5%₹314 Cr92,000
↑ 7,000
Carborundum Universal Ltd (Industrials)
Equity, Since 30 Sep 23 | CARBORUNIV
4%₹262 Cr1,569,339
↑ 69,339
Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Oct 21 | POWERGRID
4%₹248 Cr7,500,000
↑ 1,500,000
Honeywell Automation India Ltd (Industrials)
Equity, Since 31 Jan 24 | HONAUT
3%₹227 Cr40,000

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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