Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth
Equity
Direct
Index Funds
NAV as on 19-11-2024
₹ 33.52
▲0.9%
1D
Inception Returns
34.4%
/yr
About Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth
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.
Key Parameters
- Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth has ₹1883 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth has given a CAGR return of 34.38% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 29.60% and 20.51% respectively.
Holdings
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Health, Consumer Cyclical, Tech, Consumer Defensive, Communication, Real Estate, Utilities, Energy. Its top holdings are Multi Commodity Exchange of India Ltd, Central Depository Services (India) Ltd, Glenmark Pharmaceuticals Ltd, Crompton Greaves Consumer Electricals Ltd, Blue Star Ltd
Taxation
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.
Investment objective of Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth
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 and lockin period
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.
Historical NAV & Returns
INDmoney Rank for Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth Overview
| Expense ratio | 0.35% |
Benchmark | IISL Nifty Smallcap 250 TR INR |
| AUM | ₹1883 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 |
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -3.61% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -6.17% as on Oct'24
- This fund outperformed Nifty Smallcap 250 by 2.56% in Oct'24
- AUM of the fund stands at 1.9K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Industrial, Financial Services & Basic Materials
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1883 Cr
Expense Ratio 0.35%
Frequently Asked Questions for Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth
Nippon India Nifty Smallcap 250 Index Fund Dir Gr Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.62% | -7.62% |
6 Month Returns | 6.74% | 6.74% |
1 Year Returns | 29.6% | 29.6% |
3 Years Returns | 75.02% | 20.51% |
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 Nifty Smallcap 250 Index Fund Dir Gr Direct Growth | -0.79 | -0.76 | - |
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 | 1.85 | 0.95 | - |
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 | 18.45 | 18.05 | - |