Nippon India Nifty 500 Momentum 50 Index Fund NFO

Nippon India Nifty 500 Momentum 50 Index Fund

Momentum strategy refers to investing in stocks that have demonstrated relatively strong performance in the past, with the idea that they may continue to perform better based on their current trend, and vice versa¹.

Presenting the Nippon India Nifty 500 Momentum 50 Index Fund. This fund harnesses the Momentum strategy to capture the dynamic growth potential of the Top 50 companies from the Nifty 500 Universe with the highest momentum score.

Nippon India Nifty 500 Momentum 50 Index Fund Scheme Details:

• Investment Objective:
• The investment objective of the Scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty 500 Momentum 50 Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.
• Asset Allocation:
• ^#Please refer to Scheme Information Document (SID) for more details
• Type of Scheme:
• An open-ended scheme replicating/tracking Nifty 500 Momentum 50 Index

(source :nipponindiaim.com)

Nippon India Nifty 500 Momentum 50 Index Fund – Details:

(source :amfiindia)

(source :nipponindiaim.com)

Nippon India Nifty 500 Momentum 50 Index Fund Riskomater:

(source :nipponindiaim.com)