Nippon India Nifty Auto Index Fund Regular Growth is a mutual fund scheme from Nippon Life India Asset Management Ltd. The fund was launched on 4 December 2024 and is managed by Jitendra Tolani. As of 15 October 2026, the fund has an AUM of ₹45.50 Cr and its latest NAV is ₹10.87. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹1,000.
The fund primarily invests in Consumer Cyclical and Industrials and its top holdings include Mahindra & Mahindra Ltd, Maruti Suzuki India Ltd, Bajaj Auto Ltd, Eicher Motors Ltd, and TVS Motor Co Ltd. The fund has delivered -5.2% returns over the last 1 year and 3.7% annualised returns since inception.
Nippon India Nifty Auto Index Fund Regular Growth may be suitable for investors looking for long-term wealth creation and who are comfortable with Very High Risk risk.






