About Nippon India Index Fund - BSE Sensex Plan
Nippon India Index Fund - BSE Sensex Plan is a index fund managed by Nippon India Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
The primary investment objective of the scheme is to replicate the composition of the BSE Sensex, with a view to generate returns that are commensurate with the performance of the BSE Sensex, subject to tracking errors.
The scheme's stated objective, as published by Nippon India Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹44.4351 | 118791 |
| Direct | ANNUAL IDCW Option | ₹35.3463 | 118786 |
| Direct | Bonus Option | ₹44.4351 | 118785 |
| Direct | HALF YEARLY - IDCW Option | ₹35.3005 | 118788 |
| Direct | QUARTERLY - IDCW Option | ₹35.3496 | 118790 |
| Regular | Growth Option | ₹41.7685 | 113269 |
| Regular | ANNUAL IDCW Option | ₹32.9228 | 113295 |
| Regular | Bonus Option | ₹41.7685 | 113270 |
| Regular | HALF YEARLY - IDCW Option | ₹32.9341 | 113294 |
| Regular | QUARTERLY - IDCW Option | ₹32.9268 | 113271 |
Frequently asked questions
What is the NAV of Nippon India Index Fund - BSE Sensex Plan today?
The NAV of Nippon India Index Fund - BSE Sensex Plan (Direct plan, Growth) is ₹44.4351 and the Regular plan NAV is ₹41.7685, as of 13 Nov 2026.
What returns has Nippon India Index Fund - BSE Sensex Plan given?
Over the last year the Direct plan returned -2.71%, and 8.86% a year over 3 years and 7.13% a year over 5 years. That places it 87 of 167 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Nippon India Index Fund - BSE Sensex Plan?
The Direct plan charges 0.21% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Nippon India Index Fund - BSE Sensex Plan?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹5,000 or more.
How much has Nippon India Index Fund - BSE Sensex Plan fallen in the past?
Its deepest fall was 37.2% from 14 Jan 2020 to 23 Mar 2020. Of every one-year stretch in its history, 85% ended in a gain.
Which category does Nippon India Index Fund - BSE Sensex Plan belong to?
It is a Index Fund from Nippon India Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Nippon India Index Fund - BSE Sensex Plan taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.