Fundalysisby DARKHORSESTOCKS

Scheme

Nippon India Nifty Auto Index Fund

Holds 15 companies worth ₹45.5 Cr in Sept 2026.

  • Fund house

    NipponThe fund house that runs this scheme.

  • AUM

    ₹45.5 CrNippon India Nifty Auto Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 9.9% on Aug 2026, ₹50.5 Cr.

  • Largest holding

    Mahindra and Mahindra LimitedMahindra and Mahindra Limited is 22.3% of this scheme's NAV.

  • Fund manager

    Jitendra TolaniRuns it since 1 Feb 2025, as the fund house dates it.

Overview(8 Oct 2026)

Fund managers1

  1. Jitendra TolaniFund manager · Feb 2025 · 20y · MBA
  1. Himanshu MangeNov 2024 – Feb 2025

Key facts

Benchmark
Nifty Auto TRI
Risk
Very High
Expense
Regular 1.07% · Direct 0.54%
Exit load
Nil
Started
4 Dec 2024
Minimum
₹1,000

Source.Its Scheme Summary Document as of 8 Oct 2026 at AMFI.

What changed(12 changes)

Oct 2026

1 change
  1. Expense ratio
    8 OctRegular 1.01% → 1.07%Direct 0.48% → 0.54%

Aug 2026

1 change
  1. Expense ratio
    23 AugRegular 1.02% → 1.01%Direct 0.49% → 0.48%

Jul 2026

1 change
  1. Expense ratio
    9 JulRegular 0.88% → 1.02%Direct 0.35% → 0.49%

Source.Its filings at NSE, since Jan 2025.

Fund managers over time(Dec 2024 – now)

  1. Jitendra Tolani
  2. Himanshu Mange
MainCoSlice20252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Jan 2025 – Oct 2026)

Every change to the expense ratio, newest first.
11 changesRegularDirectΔ pt
8 Oct 20261.07%0.54%0.06
23 Aug 20261.01%0.48%0.01
9 Jul 20261.02%0.49%0.14
9 Jun 20260.88%0.35%0.04
14 May 20260.92%0.39%0.04
7 May 20260.88%0.35%0.12
9 Apr 20261.00%0.47%0.12
10 Nov 20250.89%0.35%0
10 Apr 20250.86%0.35%0
10 Feb 20250.90%0.35%0
10 Jan 20250.95%0.35%–
Direct plan, 8 Oct 2026
0.54%
Regular plan 1.07% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(8 Oct 2026)

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 Auto Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open-ended scheme replicating/tracking Nifty Auto Index
Benchmark
Nifty Auto TRI

Asset allocation it may hold% of NAV

  1. Securities constituting Nifty Auto Index
    Allowed95–100%

Holds in Sept 2026.100.0% equity

How to invest(8 Oct 2026)

Buying

To start
₹1,000, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
Systematic
SIP Details: Daily /Weekly / Monthly/ Quarterly/ Yearly, STP Details : Daily / Weekly/ Fortnightly / Monthly / Quarterly , SWP Details : Monthly / Quarterly / Half Yearly / Yearly
Dates
SIP Details: 1st to 31st of a month , SWP Details : 1st, 8th, 15th, 22nd transaction day (if holiday, then next working day) Fixed STP : Daily - 1st to 31st of a month Weekly - Monday to Friday Fortnightly - 1st and 15th Monthly - any pre-specified date of the month Quarterly - any pre-specified date of the first month of the quarter Capital Appreciation STP:Monthly - 1st of every month & Quarterly - 1st of the first month of the quarter
Minimum
SIP Details: Rs.100/- per month (minimum 60 months) Rs.500/- per month (minimum 12 months) Rs.1000/- per month (minimum 6 months) Rs. 500/- per quarter (minimum 12 quarters) Rs.1500/- per quarter (minimum 4 quarters) Rs. 5000/- per year (minimum 2 years) SWP Details : 500 Fixed STP: Daily- Minimum of Rs. 100 Weekly / Fortnight / Monthly option - Rs. 1000 Quarterly - Rs. 3000 Capital Appreciation STP: Monthly/ Quarterly - Rs. 500, then sIP Details: Rs. 500 if SIP amount is 5,000 per year & Rs. 1 for any other amount , SWP Details 1 , STP Details 1
Instalments
SIP Details: 60 months for Rs. 100 per month 12 months for Rs. 500 per month 6 months for Rs. 1,000 per month 12 quarters for Rs. 500 per quarter 4 quarters for Rs. 1500 per quarter 2 years for Rs. 5000 per Year , SWP Details : 2 Instalments STP Details : 30 FOR DAILY & 2 OTHERS
Most
SIP - Any SWP - Any STP - Any

Selling and switching

Switch minimum
₹1,000
Switch multiples
₹1

Scheme details(8 Oct 2026)

What it is

Category
Others - Index Funds
Offer
14 Nov 2024 to 28 Nov 2024
Started
4 Dec 2024
Reopened
10 Dec 2024
Plans
Direct Plan IDCW Plan Payout · Direct Plan IDCW Plan Reinvestment · Direct Growth Plan Growth Option Growth · IDCW Plan Payout · IDCW Plan Reinvestment · Growth Plan Growth Option Growth
Face value
Rs.10/- per unit

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Deutsche Bank A.G.
Auditor
Walker Chandiok & Co LLP
Registrar
KFin Technologies Limited
SEBI code
NIMF/O/O/EIN/24/06/0153