Nippon India Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 19-11-2024
₹ 124.11
▲0.6%
1D
Inception Returns
18%
/yr
About Nippon India Focused Equity Fund Direct Growth
Nippon India Focused Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Prateek Poddar, Vinay Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Focused Equity Fund Direct Growth has ₹8477 Cr worth of assets under management (AUM) as on Oct 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 18.04% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.39%, 13.29% and 20.32% respectively.
Holdings
Nippon India Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Communication, Health, Energy, Consumer Defensive, Basic Materials. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Infosys Ltd, Reliance Industries 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
▲
▼
1247 people have invested ₹ 1.7Cr in Nippon India Focused Equity Fund Direct Growth in the last three months
INDmoney Rank for Nippon India Focused Equity Fund Direct Growth
Powered by IND quant engine
14
/19
49% Performance
34% Risk Management
37% Cost
14 out of 19 among focused fund
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
3Y returns in the bottom 25% of the category
Nippon India Focused Equity Fund Direct Growth Overview
| Expense ratio | 1.16% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹8477 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 (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
48.5%
Small cap
19.8%
Mid cap
18.5%
Sector Allocation
Financial Services
40.8%
Consumer Cyclical
23.9%
Industrial
10.2%
Tech
5.2%
Communication
5%
Health
4.8%
Energy
4.7%
Consumer Defensive
3.4%
Basic Materials
2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.48% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.04% in Oct'24
- AUM of the fund stands at 8.5K Cr as of Oct'24
- AUM decreased by 502.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 8.66% to 9.19%
ICICI Bank Ltd's allocation increased from 6.4% to 6.88%
3M India Ltd's allocation increased from 3.52% to 3.97%
Top Stocks sold last month
Axis Bank Ltd's allocation decreased from 6.51 % to 6.49 %
Infosys Ltd's allocation decreased from 4.73 % to 4.7 %
Reliance Industries Ltd's allocation decreased from 4.68 % to 4.25 %
Mid Cap allocation has gone down from 19.4% to 18.5%
Large Cap allocation has gone down from 51.9% to 48.5%
Small Cap allocation has gone down from 21% to 19.8%
Cash allocation has gone up from 6.7% to 10.2%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Oct'24
Financial Services
41%
Consumer Cyclical
24%
Industrial
10%
Sep'24
Financial Services
38%
Consumer Cyclical
23%
Industrial
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.19% | 0% | |
 ICICI Bank Ltd | 6.88% | 0% | |
 Axis Bank Ltd | 6.49% | 0% | |
 Infosys Ltd | 4.7% | 0% | |
 Reliance Industries Ltd | 4.25% | -5.1% |
See all
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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
Vinay Sharma
Fund Manager of Nippon India Focused Equity Fund Direct Growth, since 7 May 2018
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
Over the last 1 month, this fund has experienced a 5.6% drop in AUM moving from 8.97K Cr to 8.47K Cr.
In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 24.83% return, outperforming this fund by 4.51% per annum.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 52.77% return, outperforming this fund by 32.39%.
This fund expense ratio is slightly on the lower side within the category (focused fund). Its expense ratio is 1.16% which is lower than the category average expense ratio of 1.26%.
Over the last 1 month, this fund has increased expense ratio by 1.8% moving from 1.14 to 1.16.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 24.67% return, outperforming this fund by 11.38% per annum.
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 18.04% since inception which is more than its category average return of 16.7%
Fund Allocations
This fund has an allocation of 89.79% in Equity, 0% in Debt and 10.21% in Cash related instruments
AUM size ₹8477 Cr
This fund has AUM of ₹8477 Cr which is more than its category average of ₹ 4697 Cr
Expense Ratio 1.16%
This fund has an expense ratio of 1.16% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions for Nippon India Focused Equity Fund Direct Growth
The current NAV of Nippon India Focused Equity Fund Direct Growth is ₹124.11 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Nippon India Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.49% | -6.49% |
6 Month Returns | 4.8% | 4.8% |
1 Year Returns | 20.39% | 20.39% |
3 Years Returns | 45.41% | 13.29% |
5 Years Returns | 152.2% | 20.32% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.16% as on October 2024
₹8477 Cr as on October 2024
HDFC Bank Ltd(9.19%), ICICI Bank Ltd(6.88%), Axis Bank Ltd(6.49%), Infosys Ltd(4.7%), Reliance Industries Ltd(4.25%) as on October 2024
Financial Services(36.59%), Consumer Cyclical(21.48%), Industrial(9.14%) as on October 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 | -3.61 | 0.15 | 0.12 |
As on October 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 | 0.96 | 0.95 | 1.11 |
As on October 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 | 1.49 | 0.67 | 0.75 |
As on October 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 | 13.8 | 13.93 | 22.21 |
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 1.14 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Kinjal Desai, Prateek Poddar, Vinay Sharma 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%