IndexIndex FundsRegularIDCWVery High

Nippon India Nifty Auto Index Fund

Q: What is the NAV of Nippon India Nifty Auto Index Fund?

As of 01 Oct 2026, the NAV of Nippon India Nifty Auto Index Fund is ₹10.79 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Nippon India Nifty Auto Index Fund delivered?

Nippon India Nifty Auto Index Fund has returned -4.83% over 1 year and +3.89% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Nippon India Nifty Auto Index Fund?

Nippon India Nifty Auto Index Fund charges an expense ratio of 1.07% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Nippon India Nifty Auto Index Fund?

Nippon India Nifty Auto Index Fund's largest holdings are Mahindra & Mahindra Limited (22.8%), Maruti Suzuki India Limited (13.7%), Bajaj Auto Limited (10.4%), Eicher Motors Limited (8.5%) and TVS Motor Company Limited (7.9%). Holdings are disclosed monthly and change over time.

Q: How risky is Nippon India Nifty Auto Index Fund?

Nippon India Nifty Auto Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 20.2% and its worst peak-to-trough fall in our sample was -17.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Nippon India Nifty Auto Index Fund?

Nippon India Nifty Auto Index Fund is benchmarked against the Nifty Auto TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Nippon India Nifty Auto Index Fund?

Nippon India Nifty Auto Index Fund is managed by Jitendra Tolani at Nippon India.

Q: How is Nippon India Nifty Auto Index Fund taxed?

Nippon India Nifty Auto Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Nippon India Mutual Fund · Best Index Funds

NAV

₹10.79

-3.45% 1D

as of 01 Oct 2026

This is the Regular plan of Nippon India Nifty Auto Index Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

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Performance

-4.01%CAGR

52-week rangePrev NAV ₹11.18

Latest ₹10.79

Low ₹10.0629th percentile of its 52-week rangeHigh ₹12.62

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.07%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

26.66

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹1,000

Nifty Auto TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

09 Dec 2024

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-10.97%

Absolute return over the last 3 months (not annualized)

-4.90%

Absolute return over the last 6 months (not annualized)

+5.23%

Absolute return since 1 Jan of this year (not annualized)

-9.50%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-4.83%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+3.89%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

20.23%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-17.75%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Index Funds)

Period	Fund	Category avg.	Diff
1M abs	-10.97%	—	—
3M abs	-4.90%	—	—
6M abs	+5.23%	—	—
1Y CAGR	-4.83%	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Index Funds, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.14L

Absolute

-5.29%

XIRR

-11.26%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Nippon India Nifty Auto Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-9.50%	-7.18%	-2.32%
2025	+23.36%	+7.94%	+15.42%
2024part	-4.02%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

Expense ratio up: 1.01% → 1.07%
09 Sep 2026

History points

449

Expense ratio

1.07%

AUM

₹42.05Cr

Portfolio turnover

80%

Exit load

Nil

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

26.7

P/B ratio

6.5

Avg market cap

₹2,28,330Cr

P/E & P/B are portfolio-weighted harmonic means across 14 of 15 equity holdings (95% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Index Funds

Compare all


Nippon India Nifty Auto Index FundThis fund Nippon India · Regular · IDCW	—	-4.83%	—	—	—	1.07%	₹42.05Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential · Regular · IDCW	—	+32.29%	+33.12%	+20.04%	—	1.06%	₹3,348Cr
ICICI Prudential Nifty Pharma Index Fund ICICI Prudential · Regular · IDCW	—	+20.43%	+18.76%	—	—	1.18%	₹121.63Cr
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Aditya Birla Sun Life · Regular · IDCW	—	+11.50%	+16.60%	+11.61%	—	1.11%	₹299.55Cr
Kotak Nifty Smallcap 50 Index Fund Kotak Mahindra · Regular · IDCW	—	+11.09%	+16.40%	—	—	0.92%	₹201.40Cr
Axis Nifty Smallcap 50 Index Fund Axis · Regular · IDCW	—	+11.42%	+16.23%	—	—	1.24%	₹621.19Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap72.7%
Mid cap27.3%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.94%
Cash & Equivalents0.06%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Mahindra & Mahindra Limited

22.78%

Maruti Suzuki India Limited

13.74%

Bajaj Auto Limited

10.45%

Eicher Motors Limited

8.52%

TVS Motor Company Limited

7.93%

Samvardhana Motherson International Limited

5.85%

Hero MotoCorp Limited

5.50%

Tata Motors Passenger Vehicles Limited

5.02%

Bharat Forge Limited

4.36%

Ashok Leyland Limited

3.91%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Nippon India Nifty Auto ETF Nippon India · Other ETFs	100.0%	—	0.23%	+16.88%
ICICI Prudential Nifty Auto Index Fund ICICI Prudential · Index Funds	100.0%	★★★★☆	0.36%	+16.69%
HDFC Nifty Auto Index Fund HDFC · Index Funds	100.0%	—	1.24%	—
Tata Nifty Auto Index Fund Tata · Index Funds	99.9%	★☆☆☆☆	0.54%	—
UTI - Transportation and Logistics Fund UTI · Sectoral/ Thematic	53.9%	★★★☆☆	0.98%	+16.10%
Aditya Birla Sun Life Transportation and Logistics Fund Aditya Birla Sun Life · Sectoral/ Thematic	48.1%	★★★★☆	1.06%	—
Bandhan Transportation and Logistics Fund Bandhan · Sectoral/ Thematic	46.8%	★★★★☆	1.07%	+17.34%
ICICI Prudential Transportation and Logistics Fund ICICI Prudential · Sectoral/ Thematic	45.4%	★★★★☆	1.26%	+20.27%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-17.8%06 Jan 2026 → 31 Mar 2026
Fell over 3 months, back to the old high on 03 Aug 2026 — 4 months under water after the low.
-17.6%02 Jan 2025 → 07 Apr 2025
Fell over 3 months, back to the old high on 21 Jul 2025 — 3 months under water after the low.
-14.5%07 Aug 2026 → 01 Oct 2026
Still below that high — 2 months down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹42.05Cr

April - June 2026

+2%

since January - March 2026

+₹3.94Cr

est. net flow, last quarter

At or near its largest, ₹42.05Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Nippon India Mutual Fund is managed by Nippon Life India Asset Management, which took control of the former Reliance Mutual Fund in 2019 when Nippon Life of Japan bought out the Reliance Capital stake. It is among India's largest fund houses by assets and is best known for its small- and mid-cap franchise.

Launched

29 Jun 1995

Total AUM

₹7,87,053Cr+4.7% QoQ

Avg AUM · July - September 2026

Website

mf.nipponindiaim.com

Fund Managers

JTJitendra TolaniManaging since 01 Feb 2025

Role

Fund manager & Dealer – Passives

Education

MBA (Finance)

Experience

Over 18 years of experience From June 10, 2024 onwards NAM India - Designated as Fund Manager & Dealer Passives February 2016 - May 2024 Motilal Oswal Financial Services Ltd: Designated as VP Sales Trading, Institutional Equities – BeES, Nippon India ETF Nifty Dividend Opportunities 50 and responsible for handling trades 500 Low Volatility 50 Index Fund, and Nippon India Nifty 500 for domestic institutions August 2013 – February 2016 Asit C Mehta Investment Interrmediaries Ltd: Designated as DVP Sales Trading, Institutional Equities- responsible for handling the dealing team & also to handle trades for domestic institutions

Funds managed (20)

All schemes Jitendra Tolani runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Jitendra Tolani

Top holdings

Mahindra & Mahindra Limited Maruti Suzuki India Limited Bajaj Auto Limited Eicher Motors Limited TVS Motor Company Limited Samvardhana Motherson International Limited Hero MotoCorp Limited Tata Motors Passenger Vehicles Limited Bharat Forge Limited Ashok Leyland Limited Bosch Limited Sona BLW Precision Forgings Limited

Nippon India in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of Nippon India Nifty Auto Index Fund?

As of 01 Oct 2026, the NAV of Nippon India Nifty Auto Index Fund is ₹10.79 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Nippon India Nifty Auto Index Fund delivered?

Nippon India Nifty Auto Index Fund has returned -4.83% over 1 year and +3.89% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Nippon India Nifty Auto Index Fund?

Nippon India Nifty Auto Index Fund charges an expense ratio of 1.07% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Nippon India Nifty Auto Index Fund?

Nippon India Nifty Auto Index Fund's largest holdings are Mahindra & Mahindra Limited (22.8%), Maruti Suzuki India Limited (13.7%), Bajaj Auto Limited (10.4%), Eicher Motors Limited (8.5%) and TVS Motor Company Limited (7.9%). Holdings are disclosed monthly and change over time.

How risky is Nippon India Nifty Auto Index Fund?

Nippon India Nifty Auto Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 20.2% and its worst peak-to-trough fall in our sample was -17.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Nippon India Nifty Auto Index Fund?

Nippon India Nifty Auto Index Fund is benchmarked against the Nifty Auto TRI. Its alpha and beta on this page are measured against that index.

Who manages Nippon India Nifty Auto Index Fund?

Nippon India Nifty Auto Index Fund is managed by Jitendra Tolani at Nippon India.

How is Nippon India Nifty Auto Index Fund taxed?

Nippon India Nifty Auto Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.