Hybrid
Direct
Aggressive Allocation
NAV as on 05-09-2024
₹ 114.84
Inception Returns
13.7%
/yr
Nippon India Equity Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sushil Budhia, Meenakshi Dawar, Kinjal Desai. This fund gives you the benefit of diversification.
Nippon India Equity Hybrid Fund Direct Growth has given a CAGR return of 13.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.30%, 17.89% and 16.77% respectively.
Nippon India Equity Hybrid Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Government, Cash Equivalent, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Energy, Utilities, Communication, Basic Materials, Real Estate.
As it is a aggressive allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The primary investment objective of this option is to generate consistent returns and appreciation of capital by investing in a mix of securities comprising of equity, equity related instruments & fixed income instruments.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Nippon India Equity Hybrid Fund Direct Growth has no lock in period.
Expense ratio | 1.15% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
AUM | ₹3894 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 41.39% |
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 (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Corporate, Financial Services & Government
Nippon India Equity Hybrid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.8% | 4.8% |
6 Month Returns | 13.87% | 13.87% |
1 Year Returns | 31.3% | 31.3% |
3 Years Returns | 63.86% | 17.89% |
5 Years Returns | 117.06% | 16.77% |
AAA | 56.42 |
AA | 40.97 |
A | 2.6 |