Equity
Direct
Index Funds
NAV as on 06-09-2024
₹ 36.44
1D
Inception Returns
39.4%
/yr
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth is an equity fund. This fund was started on 16 October, 2020. The fund is managed by Mehul Dama. The fund could potentially beat inflation in the long-run.
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth has given a CAGR return of 39.42% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 49.39% and 26.37% respectively.
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Consumer Cyclical, Health, Tech, Consumer Defensive, Communication, Utilities, Real Estate, Energy. Its top holdings are Crompton Greaves Consumer Electricals Ltd, Exide Industries Ltd, Blue Star Ltd, Central Depository Services (India) Ltd, Glenmark Pharmaceuticals Ltd
As it is a index funds 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 investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Smallcap 250 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth has no lock in period.
Expense ratio | 0.35% |
Benchmark | IISL Nifty Smallcap 250 TR INR |
AUM | ₹1715 Cr |
Inception Date | 16 October, 2020 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 63.92% |
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 (31-Jul-24)
Top 3 Sectors in July were Industrial, Financial Services & Basic Materials
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.46% | 8.46% |
6 Month Returns | 24.54% | 24.54% |
1 Year Returns | 49.39% | 49.39% |
3 Years Returns | 101.79% | 26.37% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth | -0.81 | -0.71 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth | 1 | 1 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth | 2.11 | 1.13 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth | 17.64 | 17.91 | - |