Nippon India Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 20-12-2024
₹ 125.25
1D
Inception Returns
18.1%
/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, Vinay Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Focused Equity Fund Direct Growth has ₹8412 Cr worth of assets under management (AUM) as on Nov 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 18.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.22%, 16.45% and 20.44% respectively.
Holdings
Nippon India Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Energy, Communication, Basic Materials. Its top holdings are HDFC Bank Ltd, Axis Bank Ltd, ICICI 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
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1254 people have invested ₹ 1.6Cr 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
15
/19
46% Performance
33% Risk Management
36% Cost
15 out of 19 among focused fund
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Nippon India Focused Equity Fund Direct Growth Overview
| Expense ratio | 1.16% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹8412 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 46.89% |
| STCG | Selling mutual fund 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
49.7%
Small cap
20.2%
Mid cap
18%
Sector Allocation
Financial Services
40.1%
Consumer Cyclical
24.1%
Industrial
12.3%
Tech
5.9%
Health
5.4%
Energy
5.3%
Communication
5.1%
Basic Materials
1.8%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.64% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 0.04% in Nov'24
- AUM of the fund stands at 8.4K Cr as of Nov'24
- AUM decreased by 64.9 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 4.7% to 5.42%
Reliance Industries Ltd's allocation increased from 4.25% to 4.86%
Bajaj Finserv Ltd's allocation increased from 3.3% to 3.9%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.19 % to 8.84 %
3M India Ltd's allocation decreased from 3.97 % to 3.58 %
Hero MotoCorp Ltd's allocation decreased from 3.56 % to 3.47 %
Mid Cap allocation has gone down from 18.5% to 18%
Large Cap allocation has gone up from 48.5% to 49.7%
Small Cap allocation has gone up from 19.8% to 20.2%
Cash allocation has gone down from 10.2% to 8.3%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Industrial
Nov'24
Financial Services
40%
Consumer Cyclical
24%
Industrial
12%
Oct'24
Financial Services
41%
Consumer Cyclical
24%
Industrial
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.84% | -7.8% | |
 Axis Bank Ltd | 7.02% | 9.5% | |
 ICICI Bank Ltd | 6.97% | 0% | |
 Infosys Ltd | 5.42% | 8.3% | |
 Reliance Industries Ltd | 4.86% | 17.1% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Medplus Health Services Ltd | 16.8% |
 Infosys Ltd | 8.5% |
 HDFC Bank Ltd | 3.9% |
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Kinjal Desai
Fund Manager of Nippon India Focused Equity Fund Direct Growth, since 25 May 2018
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
₹4.26L Cr
as on 29-Nov-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, Invesco India Focused Fund Direct Growth has given 47.14% return, outperforming this fund by 32.92%.
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%.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 27.03% return, outperforming this fund by 10.58% per annum.
Over the last 3 months, this fund has experienced a 5.4% drop in AUM moving from 8.88K Cr to 8.41K Cr.
Over the last 1 month, this fund has increased expense ratio by 1.8% moving from 1.14 to 1.16.
In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 25.87% return, outperforming this fund by 5.42% 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 18.14% since inception which is more than its category average return of 17.31%
Fund Allocations
This fund has an allocation of 91.67% in Equity, 0% in Debt and 8.33% in Cash related instruments
AUM size ₹8412 Cr
This fund has AUM of ₹8412 Cr which is more than its category average of ₹ 4714 Cr
Expense Ratio 1.16%
This fund has an expense ratio of 1.16% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions for Nippon India Focused Equity Fund Direct Growth
The current NAV of Nippon India Focused Equity Fund Direct Growth is ₹125.25 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Nippon India Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.34% | 2.34% |
6 Month Returns | 0.84% | 0.84% |
1 Year Returns | 14.22% | 14.22% |
3 Years Returns | 57.91% | 16.45% |
5 Years Returns | 153.46% | 20.44% |
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1.16% as on November 2024
₹8412 Cr as on November 2024
HDFC Bank Ltd(8.84%), Axis Bank Ltd(7.02%), ICICI Bank Ltd(6.97%), Infosys Ltd(5.42%), Reliance Industries Ltd(4.86%) as on November 2024
Financial Services(36.72%), Consumer Cyclical(22.13%), Industrial(11.3%) as on November 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 | -4.34 | 0.54 | 0.02 |
As on November 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 | 0.95 | 0.94 | 1.12 |
As on November 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 | 0.99 | 0.77 | 0.74 |
As on November 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 | 13.02 | 13.58 | 22.23 |
As on November 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 1.34 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Kinjal Desai, 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%