Nippon India Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 14-11-2024
₹ 212.52
Inception Returns
15.3%
/yr
About Nippon India Consumption Fund Direct Growth
Nippon India Consumption Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Amar Kalkundrikar, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Consumption Fund Direct Growth has ₹2073 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Nippon India Consumption Fund Direct Growth has given a CAGR return of 15.27% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.99%, 18.82% and 24.32% respectively.
Holdings
Nippon India Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Basic Materials, Industrial, Tech. Its top holdings are Bharti Airtel Ltd, Hindustan Unilever Ltd, ITC Ltd, Mahindra & Mahindra Ltd, Godrej Consumer Products 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
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2243 people have invested ₹ 2.5Cr in Nippon India Consumption Fund Direct Growth in the last three months
INDmoney Rank for Nippon India Consumption Fund Direct Growth
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.
Nippon India Consumption Fund Direct Growth Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2073 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 (14-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
61.2%
Small cap
17.3%
Mid cap
17%
Sector Allocation
Consumer Cyclical
41.9%
Consumer Defensive
36%
Communication
8.9%
Basic Materials
6.5%
Industrial
6.1%
Tech
0.6%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -10.39% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund underperformed Nifty 500 by 3.88% in Oct'24
- AUM of the fund stands at 2.1K Cr as of Oct'24
- AUM increased by 50.1 Cr between Oct'24 and Sep'24
Top Stocks bought last month
TVS Motor Co Ltd's allocation increased from 1.05% to 2.01%
Tata Consumer Products Ltd's allocation increased from 0.92% to 1.74%
Procter & Gamble Hygiene and Health Care Ltd's allocation increased from 1.95% to 2.62%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 7.35 % to 7.23 %
Hindustan Unilever Ltd's allocation decreased from 6.55 % to 6.44 %
ITC Ltd's allocation decreased from 6.15 % to 5.66 %
Small Cap allocation has gone up from 16.6% to 17.3%
Mid Cap allocation has gone up from 16.5% to 17%
Large Cap allocation has gone down from 63.1% to 61.2%
Cash allocation has gone up from 3.4% to 4.5%
Top 3 Sectors in October were Consumer Cyclical, Consumer Defensive & Communication
Oct'24
Consumer Cyclical
42%
Consumer Defensive
36%
Communication
9%
Sep'24
Consumer Cyclical
41%
Consumer Defensive
36%
Communication
9%
See all
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Amar Kalkundrikar
Fund Manager of Nippon India Consumption Fund Direct Growth, since 20 October 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Consumption Fund Direct Growth, since 1 November 2020
Top funds managed
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.29L Cr
as on 31-Oct-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 1 year, HSBC Consumption Fund Direct Growth has given 37.9% return, outperforming this fund by 7.91%.
In the last 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 20.04% return, outperforming this fund by 1.22% per annum.
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 0.66% which is lower than the category average expense ratio of 1.37%.
Over the last 3 months, this fund has decreased expense ratio by 34.0% moving from 1.00 to 0.66.
In the last 5 years, this fund has outperformed all funds in its category.
Over the last 3 months, this fund has experienced a 47.0% growth in AUM moving from 1.41K Cr to 2.07K 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 15.27% since inception which is more than its category average return of 15.24%
Fund Allocations
This fund has an allocation of 95.53% in Equity, 0% in Debt and 4.47% in Cash related instruments
AUM size ₹2073 Cr
This fund has AUM of ₹2073 Cr which is more than its category average of ₹ 1780 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.28%
Frequently Asked Questions for Nippon India Consumption Fund Direct Growth
The current NAV of Nippon India Consumption Fund Direct Growth is ₹212.52 as on 14-Nov-2024.
Existing (Absolute + CAGR) as on 14-Nov-2024.
Nippon India Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.58% | -9.58% |
6 Month Returns | 7.16% | 7.16% |
1 Year Returns | 29.99% | 29.99% |
3 Years Returns | 67.75% | 18.82% |
5 Years Returns | 196.97% | 24.32% |
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0.66% as on October 2024
₹2073 Cr as on October 2024
Bharti Airtel Ltd(7.23%), Hindustan Unilever Ltd(6.44%), ITC Ltd(5.66%), Mahindra & Mahindra Ltd(5.15%), Godrej Consumer Products Ltd(4.54%) as on October 2024
Consumer Cyclical(39.99%), Consumer Defensive(34.43%), Communication(8.52%) as on October 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 | 0.73 | 3.75 | 5.19 |
As on October 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 | 0.9 | 0.86 | 1 |
As on October 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 | 1.65 | 1.04 | 1.04 |
As on October 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 | 15.89 | 14.06 | 17.7 |
As on October 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 1.79 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.39 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Amar Kalkundrikar, Kinjal Desai are the fund managers of Nippon India Consumption Fund Direct Growth
The Exit load of Nippon India Consumption Fund Direct Growth is 1%