Investing in mutual funds is a smart way to grow your wealth, especially when you have access to a diverse range of high-performing schemes. Nippon India Mutual Fund offers several compelling options for 2024, each catering to different investment goals and risk appetites. Whether you’re looking to invest in small-cap stocks, sector-specific funds, or diversified portfolios, there’s a Nippon India Mutual Fund scheme for you. Additionally, tools like the SIP mutual fund calculator can help you plan your investments efficiently, ensuring you achieve your financial objectives with ease.

Nippon India Small Cap Fund

With an Asset Under Management (AUM) of ₹36,539.54 crore and an expense ratio of 0.72%, it has achieved an impressive Compound Annual Growth Rate (CAGR) of 44.15% over the past three years. The least amount you can invest in this fund is ₹100.

Nippon India Power & Infra Fund

Classified as a Sectoral Fund, this fund focuses on the Energy and Power sectors, investing in companies within these industries. It has an AUM of ₹2,544.8 crore and an expense ratio of 1.44%. Over the last three years, it has delivered a CAGR of 39.39%. You can begin investing with just ₹100.

Nippon India Multi Cap Fund

Belonging to the Multi Cap Funds category, this fund spreads its investments across different market capitalizations. It manages an AUM of ₹20,192.21 crore and has an expense ratio of 0.97%. It has garnered more than 38.71% CAGR in the past few years.

Nippon India Growth Fund

This mutual fund has an AUM of ₹18,343.36 crore. Its expense ratio stands at 0.94%. Over a three-year period, it has achieved a CAGR of 34.31%. The minimum investment amount is ₹100.

Nippon India Banking & Financial Services Fund

This fund, categorized as a Sectoral Fund, targets investments in the Banking and Financial Services sector. Over three years, it has realized a CAGR of 33.69%. The minimum amount you can invest in this fund is ₹1,500.

Nippon India Large Cap Fund

Classified as a Large Cap Fund, this fund primarily invests in large-cap stocks. It manages an AUM of ₹15,855.02 crore and an expense ratio of 0.9%. Over a three-year period, it has provided a CAGR of 30.94%. The minimum investment amount is ₹100.

Nippon India Focused Equity Fund

As a Focused Fund, this fund targets a concentrated portfolio of select stocks. It manages an AUM of ₹6,976.5 crore and has an expense ratio of 1.16%. Over three years, it has provided a CAGR of 29.18%. The minimum investment amount is ₹5,000.

Nippon India Value Fund

This fund, categorized as a Value Fund, focuses on value-oriented investments. It has an AUM of ₹5,574.51 crore and an expense ratio of 1.18%. Over a three-year period, it has delivered a CAGR of 29.07%. The minimum investment required is ₹500.

So whether you’re looking to maximize growth with small-cap stocks or prefer the stability of large-cap investments, there’s a suitable option for you. Using tools like the SIP mutual fund calculator can further streamline your investment planning, helping you to achieve your financial aspirations more efficiently. With Nippon India Mutual Fund, you can confidently navigate the investment landscape in 2024 and beyond.