Nippon India Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 04-09-2024
₹ 234.92
▲0.1%
1D
Inception Returns
16.5%
/yr
About the Fund
Nippon India Consumption Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Amar Kalkundrikar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Consumption Fund Direct Growth has ₹1411 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Nippon India Consumption Fund Direct Growth has given a CAGR return of 16.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.24%, 24.93% and 29.45% respectively.
Holdings
Nippon India Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Consumer Cyclical, Communication, Industrial, Basic Materials. Its top holdings are ITC Ltd, Bharti Airtel Ltd, Hindustan Unilever Ltd, Avenue Supermarts Ltd, Jubilant Foodworks Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Nippon India Consumption Fund Direct Growth
The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies that are likely to benefit directly or indirectly from the domestic consumption led demand. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Consumption Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
1943 people have invested ₹ 2.5Cr in Nippon India Consumption Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.88% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1411 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 43.39% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (04-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
64.6%
Small cap
19.3%
Mid cap
12.8%
Sector Allocation
Consumer Defensive
38.7%
Consumer Cyclical
36.2%
Communication
9.7%
Industrial
8.4%
Basic Materials
6.9%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 6.79% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 3.26% in Jul'24
- AUM of the fund stands at 1.4K Cr as of Jul'24
- AUM increased by 347.4 Cr between Jul'24 and Jun'24
Top Stocks bought last month
ITC Ltd's allocation increased from 5.59% to 7.87%
Avenue Supermarts Ltd's allocation increased from 3.64% to 4.79%
Sapphire Foods India Ltd's allocation increased from 2.63% to 3.67%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 8.42 % to 7.61 %
Jubilant Foodworks Ltd's allocation decreased from 4.67 % to 4.16 %
Mahindra & Mahindra Ltd's allocation decreased from 4.72 % to 3.61 %
Cash allocation has gone down from 3.7% to 3.3%
Top 3 Sectors in July were Consumer Defensive, Consumer Cyclical & Communication
Jul'24
Consumer Defensive
39%
Consumer Cyclical
36%
Communication
10%
Jun'24
Consumer Defensive
38%
Consumer Cyclical
37%
Communication
11%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 33.7% |
 Bajaj Auto Ltd | 17.3% |
 Bharti Airtel Ltd | 7.2% |
Loading...
We are taking more time than usual
Kinjal Desai
Fund Manager of Nippon India Consumption Fund Direct Growth, since 1 November 2020
Top funds managed
Amar Kalkundrikar
Fund Manager of Nippon India Consumption Fund Direct Growth, since 20 October 2020
Top funds managed
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹3.27L Cr
as on 31-Jul-2024
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in
Mutual Fund Insights
In the last 5 years, this fund has outperformed all funds in its category.
In the last 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 29.22% return, outperforming this fund by 4.29% per annum.
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 0.88% which is lower than the category average expense ratio of 1.43%.
Over the last 3 months, this fund has increased expense ratio by 8.6% moving from 0.81 to 0.88.
In the last 1 year, HSBC Consumption Fund Direct Growth has given 48.77% return, outperforming this fund by 5.53%.
Over the last 3 months, this fund has experienced a 83.4% growth in AUM moving from 769.25 Cr to 1.41K Cr.
Nippon India Consumption Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.5% since inception which is less than its category average return of 21.99%
Fund Allocations
This fund has an allocation of 96.71% in Equity, 0% in Debt and 3.29% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 1641 Cr
Expense Ratio 0.88%
This fund has an expense ratio of 0.88% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Nippon India Consumption Fund Direct Growth is ₹234.92 as on 04-Sep-2024.
Existing (Absolute + CAGR) as on 04-Sep-2024.
Nippon India Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.35% | 3.35% |
6 Month Returns | 25.6% | 25.6% |
1 Year Returns | 43.24% | 43.24% |
3 Years Returns | 94.98% | 24.93% |
5 Years Returns | 263.53% | 29.45% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.88% as on August 2024
₹1411 Cr as on August 2024
ITC Ltd(7.87%), Bharti Airtel Ltd(7.61%), Hindustan Unilever Ltd(6.71%), Avenue Supermarts Ltd(4.79%), Jubilant Foodworks Ltd(4.16%) as on August 2024
Consumer Defensive(37.46%), Consumer Cyclical(34.99%), Communication(9.42%) as on August 2024
The alpha ratio for the Nippon India Consumption Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Consumption Fund Direct Growth | 3.24 | 6.1 | 5.67 |
As on August 2024
The alpha for Nippon India Consumption Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Nippon India Consumption Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Consumption Fund Direct Growth | 0.84 | 0.8 | 1 |
As on August 2024
The Beta for Nippon India Consumption Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Nippon India Consumption Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Consumption Fund Direct Growth | 3.3 | 1.51 | 1.3 |
As on August 2024
The sharpe ratio for Nippon India Consumption Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Nippon India Consumption Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Consumption Fund Direct Growth | 9.34 | 12.04 | 16.93 |
As on August 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.55 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.62 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Amar Kalkundrikar are the fund managers of Nippon India Consumption Fund Direct Growth
The Exit load of Nippon India Consumption Fund Direct Growth is 1%