Equity
Direct
Equity - Consumption
NAV as on 04-09-2024
₹ 234.92
▲0.1%
1D
Inception Returns
16.5%
/yr
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.
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.
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
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.
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 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.
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 |
as on (04-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Consumer Defensive, Consumer Cyclical & Communication
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Consumption Fund Direct Growth | 3.24 | 6.1 | 5.67 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Consumption Fund Direct Growth | 0.84 | 0.8 | 1 |
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 |
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 |