Nippon India Sensex Next 30 Index Fund & Nippon India Sensex Next 30 ETF: 2 Promising NFOs Launched

Nippon India Sensex Next 30 Index Fund and Nippon India Sensex Next 30 ETF; two fresh NFOs from Nippon India Mutual Fund, are now open for subscription, and they’re all about tapping into India’s next big 30.

These funds track the BSE Sensex Next 30 Index, which includes companies ranked just below the Sensex heavyweights in market capitalization.

Think of them as tomorrow’s potential blue-chip leaders: stable, well-established, and full of growth potential.

What makes these NFOs interesting? They offer a passive, low-cost route to a relatively underexplored segment of India’s large-cap space.

While the Sensex focuses on the top 30, these funds let you ride the momentum of the next set of contenders.

The NFO window is open from May 21 to June 4, 2025. If you’re looking to diversify beyond the usual and invest in rising market leaders, these could be promising options to consider.

Let’s dive right in!

Nippon India Sensex Next 30 Index Fund Key Details

The Nippon India Sensex Next 30 Index Fund is nearing its NFO launch. You can find all related details in the table below:

Data available is as of 02.06.25.

Pro Tip: Use a SIP calculator or lumpsum calculator to plan your contributions smartly and align them with your financial goals.

What is the BSE Sensex Next 30 TRI Benchmark Index?

The BSE Sensex Next 30 TRI is the benchmark index for Nippon India’s latest NFOs (Nippon India Sensex Next 30 Index Fund), and it’s designed to track the performance of 30 large-cap companies that come right after the BSE Sensex top 30.

In simple terms, it focuses on India’s next league of market movers, which are established, fast-growing businesses that haven’t yet made it to the Sensex but are well on their way.

Some of the names you’ll find in this index include Trent, Bharat Electronics, Grasim, and IndiGo (InterGlobe Aviation), which are strong brands with high potential.

While past data on this exact TRI may be limited, similar indices have outperformed the Sensex during strong market cycles. For example, the BSE Sensex Next 30 Index delivered around 15.7% over the last 3 years, compared to 13.4% from the Sensex.

By tracking this index, Nippon India’s new funds give investors a smart, low-cost way to back India’s next generation of blue-chip leaders.

Suggested Read: Why Does the Stock Market Fall? 5 Devastating Truths You Can’t Ignore

Investment Objective of Nippon India BSE Sensex Next 30 Index Fund

The Nippon India BSE Sensex Next 30 Index Fund aims to generate returns that closely correspond to the performance of the BSE Sensex Next 30 Total Return Index (TRI), before expenses and subject to tracking error.

The fund seeks to passively mirror the index by investing in the same 30 companies in the same proportions. However, like all index funds, it does not guarantee returns.

This strategy eliminates active stock-picking risk and is ideal for investors looking to diversify within large caps while keeping costs low.

Nippon India BSE Sensex Next 30 Index Fund Portfolio Holdings

The fund invests in 30 large-cap companies just below the Sensex 30. Some key holdings include:

Other constituents include major names like Jio Financial, Apollo Hospitals, Dr. Reddy’s, Wipro, and Tata Consumer Products, collectively offering broad sector diversification and strong growth potential.

Nippon India Sensex Next 30 Index Fund Sectoral Allocation

The Nippon India Sensex Next 30 Index Fund comes with a well-balanced sector spread; designed to give you exposure to a wide slice of India’s growing economy. From banking to automobiles, metals to consumer goods, the portfolio reflects a thoughtful mix of both traditional powerhouses and emerging leaders.

Here’s how the sector allocation stacks up:

Data available is as of 30.05.25.

This kind of sectoral mix helps reduce concentration risk while offering opportunities across India’s key economic engines.

Whether it’s the resilience of FMCG or the cyclical boost from capital goods, the fund lets you stay invested across a range of stories shaping India’s growth.

Major Constituents of the BSE Sensex Next 30 Index

Index Constituents: BSE Sensex Next 30

The following table lists the 30 companies currently part of the BSE Sensex Next 30 Index, which is the benchmark for Nippon India’s new NFOs:

These firms span across key sectors and represent the next generation of large-cap leaders in India’s equity markets.

Who Can Apply for Nippon India BSE Sensex Next 30 Index Fund?

This NFO could appeal to investors who:

• Want to tap into the next generation of large-cap companies just below the Sensex 30.
  
  
• Prefer a low-cost, passive strategy that mirrors a well-defined index.
  
  
• Are looking for long-term exposure to strong brands across sectors like financials, metals, healthcare, and consumer goods.
  
  
• Have a high risk appetite, since the fund carries a “Very High” risk rating.
  
  
• Believe in India’s growth story and want to diversify beyond the traditional top 30 large caps.
  
  

It may not be suitable for short-term investors or those seeking guaranteed returns.

Nippon India Sensex Next 30 ETF Key Details

The Nippon India Sensex Next 30 ETF NFO is nearing its NFO launch. You can find all related details in the table below:

Data available is as of 30.05.25.

Investment Objective

The primary objective is to generate returns that closely correspond to the total returns of the BSE Sensex Next 30 Index, before expenses. Since it’s passively managed, there’s no active stock selection; just direct replication of the index.

Who Should Consider Investing in the Nippon India Sensex Next 30 ETF?

This ETF is ideal for:

• Passive Investors: Those who prefer a low-cost, index-tracking strategy without active fund management risks.
  
  
• Long-Term Wealth Builders: Ideal for investors with a multi-year horizon looking to benefit from the rise of India’s next set of blue-chip companies.
  
  
• Large Cap Diversifiers: For those who already invest in Sensex or Nifty 50, this ETF offers exposure to the next 30 large-cap stocks, helping spread risk.
  
  
• Cost-Conscious Investors: With low expense ratios and no exit load, it appeals to those seeking efficiency in cost and returns.
  
  
• Systematic Investors: Suitable for SIP-style investing through brokerage platforms for long-term compounding.
  
  

Overall, the ETF offers a smart route to tap into companies on the cusp of entering India’s benchmark indices, combining growth potential with diversification.

Bottom Line

To wrap it all up: if you’re someone who wants to bet on the next big 30 rather than the already-established market giants, these two NFOs might just be your chance to do that smartly. The Nippon India Sensex Next 30 Index Fund and ETF aren’t just about diversification; they’re about potential. They mirror the rise of India’s upcoming large-cap stars; brands that are already strong but still have plenty of room to grow.

And the best part? It’s passive, low-cost, and removes the headache of active stock-picking. Whether you want a mutual fund route or prefer the agility of an ETF, both options offer exposure to a thoughtfully curated index of tomorrow’s leaders, across industries, across sectors.

But remember, like all market investments, these come with risks. So if you’ve got a long-term mindset and believe in India’s growth story, this might be the right moment to take a closer look.

Don’t sleep on this! The NFO window closes June 4, 2025.

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