Nippon India Nifty IT Index Fund
- NAV as on 25 Sep 2026
- ₹7.60-0.17%1 day
- Return since launch
- -9.5%
- 52-week range
- ₹6.96 — ₹10.59
- AUM
- ₹262 Cr
Nippon India Nifty IT Index Fund is a Sectoral-Technology equity fund from Nippon India Mutual Fund with ₹262 Cr under management, launched in 2024. The expense ratio is 1.05% and the SEBI riskometer reading is Very High.
Performance
Nippon India Nifty IT Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -15.5% against -9.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -20.9% | −12.8 pts | -8.1% | -9.9% |
| 2Y | -19.2% | −8.8 pts | -10.4% | -10.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -7.2% | −1.8 pts | -5.3% | -5.3% |
| 3M | 4.2% | −1.6 pts | 5.8% | 6.3% |
| 6M | -4.4% | −12.1 pts | 7.8% | 5.2% |
| 1Y | -15.5% | −7.4 pts | -8.1% | -9.7% |
| 2Y | -17.2% | −5.9 pts | -11.3% | -12.1% |
Since launch (5 Feb 2024): -9.5%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -11.2% | −6.0 pts | -5.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.04%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.74%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.28%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY IT TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Nippon India Nifty IT Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity100.2%
- Debt0.0%
Market cap split
- Large80.5%
- Mid19.5%
- P/E
- 19.00
- P/B
- 5.44
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Infosys Ltd. | Technology | 28.93% | ₹75.83 Cr | +26.96% | +28.86% | +29.26% |
| Tata Consultancy Services Ltd. | Technology | 20.30% | ₹53.21 Cr | +19.63% | +21.85% | +21.64% |
| HCL Technologies Ltd. | Technology | 11.46% | ₹30.05 Cr | +10.63% | +11.89% | +10.59% |
| Tech Mahindra Ltd. | Technology | 10.55% | ₹27.64 Cr | +11.40% | +10.07% | +9.51% |
| Coforge Ltd. | Technology | 7.05% | ₹18.47 Cr | +5.98% | +4.64% | +5.81% |
| Persistent Systems Ltd. | Technology | 6.20% | ₹16.25 Cr | +6.84% | +6.02% | +5.76% |
| Wipro Ltd. | Technology | 5.10% | ₹13.36 Cr | +7.06% | +6.70% | +7.20% |
| LTM Limited | Technology | 4.30% | ₹11.27 Cr | +4.56% | +4.84% | +4.81% |
| Mphasis Ltd. | Technology | 3.28% | ₹8.59 Cr | +3.64% | +3.06% | +3.21% |
| Oracle Financial Services Software Ltd. | Technology | 3.04% | ₹7.98 Cr | +2.87% | +1.93% | +1.99% |
| Others | Others | -0.21% | ₹-0.54 Cr | 0.00% | +0.03% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Coforge Ltd. | 6.19% | 7.05% | +0.86% |
| HCL Technologies Ltd. | 11.92% | 11.46% | -0.46% |
| Oracle Financial Services Software Ltd. | 2.76% | 3.04% | +0.28% |
| Tech Mahindra Ltd. | 10.83% | 10.55% | -0.28% |
| Infosys Ltd. | 29.20% | 28.93% | -0.27% |
| LTM Limited | 4.18% | 4.30% | +0.12% |
| Mphasis Ltd. | 3.20% | 3.28% | +0.08% |
| Wipro Ltd. | 5.14% | 5.10% | -0.04% |
| Tata Consultancy Services Ltd. | 20.27% | 20.30% | +0.03% |
| Persistent Systems Ltd. | 6.23% | 6.20% | -0.03% |
| Others | 0.01% | 0.00% | -0.01% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹4,302 Cr | 1.73% | -8.9% | -3.0% | 4.3% |
 ICICI Prudential Technology Fund | ₹13,661 Cr | 1.87% | -10.1% | -4.4% | 2.0% |
 SBI Technology Opportunities Fund | ₹4,488 Cr | 2.00% | -6.8% | -0.8% | 5.1% |
 Franklin India Technology Fund | ₹1,759 Cr | 2.15% | -9.8% | -3.2% | 5.9% |
 HDFC Technology Fund | ₹1,484 Cr | 2.16% | -12.9% | -6.0% | — |
 Tata Nifty India Digital ETF FoF | ₹117 Cr | 0.48% | -4.8% | -0.5% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Jitendra TolaniMBA (FINANCE)Prior to joining Nippon Mutual Fund, he was working with Motilal Oswal Financial Services Ltd, Asit C Mehta Investment Interrmediaries Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months−4.37% absolute | ₹60,000 | ₹57,378 | −4.37% | |
| 1 year−15.47% annualised | ₹1,20,000 | ₹1,10,405 | −8.00% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.