Equity
Direct
Focused Fund
NAV as on 06-09-2024
₹ 133.95
1D
Inception Returns
19.2%
/yr
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.
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.
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
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.
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 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.
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 |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Focused Equity Fund Direct Growth | -6.63 | 0.76 | -0.13 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Focused Equity Fund Direct Growth | 1.06 | 0.96 | 1.12 |
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 |
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 |