Nippon India Japan Equity Fund Direct Growth
Equity
Direct
Global - Other
NAV as on 06-01-2025
₹ 20.76
1D
Inception Returns
6.7%
/yr
About Nippon India Japan Equity Fund Direct Growth
Nippon India Japan Equity Fund Direct Growth is an equity fund. This fund was started on 26 August, 2014. The fund is managed by Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Japan Equity Fund Direct Growth has ₹267 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.3.
Returns
Nippon India Japan Equity Fund Direct Growth has given a CAGR return of 6.70% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 10.62% and 4.41% respectively.
Holdings
Nippon India Japan Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Financial Services, Tech, Consumer Defensive, Communication, Real Estate, Basic Materials. Its top holdings are Sumitomo Electric Industries Ltd, Mitsubishi UFJ Financial Group Inc, Recruit Holdings Co Ltd, Fast Retailing Co Ltd, Ajinomoto Co Inc
Taxation
As it is a global - other 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 Japan Equity Fund Direct Growth
The primary investment objective of Nippon India Japan Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Japan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there can be 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 Japan Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Nippon India Japan Equity Fund Direct Growth
Nippon India Japan Equity Fund Direct Growth Overview
| Expense ratio | 1.27% |
Benchmark | S&P Japan 500 TR JPY |
| AUM | ₹267 Cr |
| Inception Date | 26 August, 2014 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 34.75% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (06-Jan-25)
Fund Distribution
as on (30-Nov-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Sumitomo Electric Industries Ltd | 3.61% | 0% | |
Mitsubishi UFJ Financial Group Inc | 3.55% | 0% | |
Recruit Holdings Co Ltd | 3.5% | 0% | |
Fast Retailing Co Ltd | 3.34% | 0% | |
Ajinomoto Co Inc | 3.3% | 0% |
Nippon India Japan Equity Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹267 Cr
Expense Ratio 1.27%
Frequently Asked Questions for Nippon India Japan Equity Fund Direct Growth
Nippon India Japan Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.47% | -0.47% |
6 Month Returns | 7.02% | 7.02% |
1 Year Returns | 10.62% | 10.62% |
3 Years Returns | 13.82% | 4.41% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Japan Equity Fund Direct Growth | -0.69 | -3.85 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Japan Equity Fund Direct Growth | 0.92 | 1.07 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Japan Equity Fund Direct Growth | 0.34 | -0.03 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Japan Equity Fund Direct Growth | 11.66 | 15.82 | - |