₹5000 per plan/option and in multiples of Re 1. There is no upper limit for investment.
Under normal circumstances, the asset allocation of the scheme will be as follows:Indicative allocations (% of total assets)MinimumMaximumEquity and equity-related securities of companies constituting the Nifty 50 index95%100%HighMoney market instruments & units of liquid scheme & cash & cash equivalents0%5%Low to Medium To date, many other asset management companies (AMCs) have launched such funds in India. The following table illustrates the details of such funds in the market.Name of the mutual fund houseName of the fundAxis Mutual FundAxis Nifty 50 Index FundMotilal Oswal Mutual FundMotilal Oswal Nifty 50 Index FundBandhan Mutual FundBandhan Nifty 50 Index FundTaurus Mutual FundTaurus Nifty 50 Index FundFranklin India Mutual FundFranklin India NSE Nifty 50 Index FundLIC Mutual FundLIC MF Nifty 50 Index FundEdelweiss Mutual FundEdelweiss Nifty 50 Index FundKotak Mahindra Mutual FundKotak Nifty 50 Index FundTata Mutual FundTata Nifty 50 Index FundAditya Birla Sun Life Mutual FundAditya Birla Sun Life Nifty 50 Index FundNippon India Mutual FundNippon India Index FundDSP Mutual FundDSP Nifty 50 Index FundICICI Prudential Mutual FundICICI Prudential Nifty 50 Index FundHDFC Mutual FundHDFC Index Fund Nifty 50 PlanUTI Mutual FundUTI Nifty 50 Index FundHSBC Mutual FundHSBC Nifty 50 Index FundNavi Mutual FundNavi Nifty 50 Index Fund The performance of the scheme will be benchmarked to the performance of the NIFTY 50 Total Return index.
The portfolio of the scheme would endeavour to replicate/track the index. This scheme involves no “Entry Load", which means that investors do not have to pay anything to park their earnings in this scheme.
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