This NSE Nifty Plan (Index Fund) Has Offered 92.22% Retunes In 5 Years, SIP Starts At Rs 500

It might be difficult for new investors to know where to begin. Mutual funds provide a plethora of investment alternatives. Knowing how to develop an investment portfolio, on the other hand, may help you reach your short- and long-term financial objectives. Investing in Index Linked Schemes or Index funds could help you build your mutual fund portfolio. This Index Fund has also been rated by CRISIL as well.

Franklin India Index Fund - NSE Nifty Plan - Direct-Growth

This is a large-cap equity Index Fund from the house of Franklin Templeton Mutual Fund. It is an open-end index-linked growth scheme. It has Rs 467.69 Crore of assets under management (AUM). This fund is a medium-sized fund of its category. As on April 222, 2022, its NAV is Rs 140.8251. The fund has an expense ratio of 0.3%, which is close to the category average. However, it is higher than the average.

The fund aims to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with the Nifty 50 Index under the NSE Nifty Plan and to provide returns that, before expenses, closely correspond to the total return of common stocks as represented by the S&P BSE Sensex under S&P BSE Sensex Plan.
 
It is a high-risk fund for investment. Rating agency CRISIL has rated this fund 2-Star. The minimum investment amount required for the lump-sum payment is Rs 5,000. For SIP, it is Rs 500. There is no lock-in period in this fund, but it charges 0.25% for exit within 7 days of the investment.

Absolute And Annualised Returns

Lump-Sum Investment

Since its inception, it has delivered 12.54% average annual returns.

Investment Period	Absolute Returns	Annualised Returns
1 Year	19.90%	19.90%
2 Year	88.07%	37.14%
3 Year	50.20%	14.51%
5 Year	92.22%	13.95%
Since Inception	200.45%	12.54%

SIP Returns

SIP Period	Absolute Returns	Annualised Returns
1 Year	4.07%	7.64%
2 Year	25.82%	23.82%
3 Year	35.58%	20.80%
5 Year	48.46%	15.80%

Portfolio

This fund has 99.41% investment in equities of which 89.32% is in large-cap stocks, and 1.21% is in mid-cap stocks. The fund has the majority of its money invested in the Financial, Technology, Energy, Consumer Staples, and Automobile sectors. It has taken less exposure in the Financial, Technology sectors compared to other funds in the category. The fund's top holdings are Reliance Industries Ltd., Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., and Housing Development Finance Corpn. Ltd.

Disclaimers

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.