Nippon India Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 06-09-2024
₹ 133.95
1D
Inception Returns
19.2%
/yr
About the Fund
Nippon India Focused Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vinay Sharma, Kinjal Desai, Prateek Poddar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Focused Equity Fund Direct Growth has ₹8887 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 1.2.
Returns
Nippon India Focused Equity Fund Direct Growth has given a CAGR return of 19.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.80%, 18.59% and 24.60% respectively.
Holdings
Nippon India Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Energy, Tech, Communication, Health, Consumer Defensive, Basic Materials. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Kotak Mahindra Bank Ltd, Axis Bank Ltd
Taxation
As it is a focused fund 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 Focused Equity Fund Direct Growth
The primary investment objective of the scheme is to generate long-term capital growth by predominantly investing in an active and concentrated portfolio of equity & equity related instruments up to 30 companies across market capitalization. The secondary objective of the scheme is to generate consistent returns by investing in debt, money market securities, REITs and InvITs. 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 Focused Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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1222 people have invested ₹ 97.1L in Nippon India Focused Equity Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
10
/18
59% Performance
34% Risk Management
37% Cost
10 out of 18 among focused fund
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Fund Overview
| Expense ratio | 1.15% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹8887 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 46.89% |
| 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 (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
50.2%
Small cap
20.6%
Mid cap
19.8%
Sector Allocation
Financial Services
37.6%
Consumer Cyclical
25.4%
Industrial
8.9%
Tech
7.9%
Energy
6.9%
Communication
4.5%
Consumer Defensive
4.4%
Health
4.3%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 3.61% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.07% in Jul'24
- AUM of the fund stands at 8.9K Cr as of Jul'24
- AUM increased by 266.9 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 4.5% to 5.21%
HDFC Life Insurance Company Limited's allocation increased from 2.59% to 3.26%
Coal India Ltd's allocation increased from 2.03% to 2.47%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.81 % to 8.19 %
ICICI Bank Ltd's allocation decreased from 7.7 % to 7.29 %
Kotak Mahindra Bank Ltd's allocation decreased from 5.02 % to 4.88 %
Cash allocation has gone up from 4.4% to 4.7%
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial
Jul'24
Financial Services
38%
Consumer Cyclical
25%
Industrial
9%
Jun'24
Financial Services
39%
Consumer Cyclical
25%
Industrial
9%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.27% | 0% | |
 ICICI Bank Ltd | 7.35% | -3.6% | |
 Infosys Ltd | 5.18% | 0% | |
 Kotak Mahindra Bank Ltd | 4.79% | 0% | |
 Axis Bank Ltd | 4.69% | -1% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Angel One Ltd | 22.2% |
 Affle India Ltd | 11.2% |
 Infosys Ltd | 10.4% |
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Vinay Sharma
Fund Manager of Nippon India Focused Equity Fund Direct Growth, since 7 May 2018
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Focused Equity Fund Direct Growth, since 25 May 2018
Top funds managed
Prateek Poddar
Fund Manager of Nippon India Focused Equity Fund Direct Growth, since 18 June 2021
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, Quant Focused fund Growth Option Direct Plan has given 28.1% return, outperforming this fund by 3.5% per annum.
Over the last 1 month, this fund has experienced a 3.5% growth in AUM moving from 8.58K Cr to 8.88K Cr.
This fund expense ratio is slightly on the lower side within the category (focused fund). Its expense ratio is 1.15% which is lower than the category average expense ratio of 1.26%.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 29.01% return, outperforming this fund by 10.41% per annum.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 65.26% return, outperforming this fund by 33.46%.
Over the last 15 months, this fund has decreased expense ratio by 10.9% moving from 1.29 to 1.15.
Nippon India Focused Equity 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 19.16% since inception which is more than its category average return of 18.8%
Fund Allocations
This fund has an allocation of 91.94% in Equity, 0% in Debt and 8.06% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 4744 Cr
Expense Ratio 1.15%
This fund has an expense ratio of 1.15% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions
The current NAV of Nippon India Focused Equity Fund Direct Growth is ₹133.95 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
Nippon India Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.96% | 4.96% |
6 Month Returns | 19.67% | 19.67% |
1 Year Returns | 31.8% | 31.8% |
3 Years Returns | 66.8% | 18.59% |
5 Years Returns | 200.37% | 24.6% |
With INDmoney, the process of investing is very simple and involves zero commission.
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1.15% as on August 2024
₹8887 Cr as on August 2024
HDFC Bank Ltd(8.27%), ICICI Bank Ltd(7.35%), Infosys Ltd(5.18%), Kotak Mahindra Bank Ltd(4.79%), Axis Bank Ltd(4.69%) as on August 2024
Financial Services(36.06%), Consumer Cyclical(21.48%), Industrial(7.59%) as on August 2024
The alpha ratio for the Nippon India Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Focused Equity Fund Direct Growth | -6.63 | 0.76 | -0.13 |
As on August 2024
The alpha for Nippon India Focused Equity 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Focused Equity Fund Direct Growth | 1.06 | 0.96 | 1.12 |
As on August 2024
The Beta for Nippon India Focused Equity 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 Focused Equity 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 Focused Equity Fund Direct Growth | 1.88 | 0.96 | 0.88 |
As on August 2024
The sharpe ratio for Nippon India Focused Equity 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 Focused Equity 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 Focused Equity Fund Direct Growth | 12.58 | 13.44 | 22.03 |
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 1.73 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.05 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Vinay Sharma, Kinjal Desai, Prateek Poddar are the fund managers of Nippon India Focused Equity Fund Direct Growth
The Exit load of Nippon India Focused Equity Fund Direct Growth is 1%