Nippon India Power & Infra Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 04-09-2024
₹ 397.33
▲0.3%
1D
Inception Returns
17.6%
/yr
About the Fund
Nippon India Power & Infra Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Sanjay Doshi. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Power & Infra Fund Direct Growth has ₹7537 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
Nippon India Power & Infra Fund Direct Growth has given a CAGR return of 17.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 64.91%, 35.70% and 34.42% respectively.
Holdings
Nippon India Power & Infra Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Utilities, Basic Materials, Communication, Energy, Consumer Cyclical, Real Estate, Tech, Health. Its top holdings are Larsen & Toubro Ltd, Reliance Industries Ltd, NTPC Ltd, Kaynes Technology India Ltd, Bharti Airtel Ltd
Taxation
As it is a equity - 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 Power & Infra Fund Direct Growth
The investment objective of the scheme is to seek long term capital appreciation by investing in equity/equity related instruments of the companies that are engaged in power and infrastructure space in India. 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 Power & Infra Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
14103 people have invested ₹ 19.5Cr in Nippon India Power & Infra Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Larger AUM within category
No bad points found for this fund.
Fund Overview
| Expense ratio | 1.01% |
Benchmark | IISL Nifty Infrastructure TR INR |
| AUM | ₹7537 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 42.47% |
| 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 (04-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
46.4%
Small cap
27.4%
Mid cap
24.2%
Sector Allocation
Industrial
44%
Utilities
14.5%
Basic Materials
10.8%
Communication
7.7%
Energy
7.3%
Consumer Cyclical
4.7%
Real Estate
4.4%
Tech
4.3%
Health
2.2%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 2.60% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund underperformed Nifty 500 by 0.93% in Jul'24
- AUM of the fund stands at 7.5K Cr as of Jul'24
- AUM increased by 843 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Container Corporation of India Ltd's allocation increased from 1.98% to 3.31%
Siemens Ltd's allocation increased from 2.07% to 3.31%
Larsen & Toubro Ltd's allocation increased from 7.16% to 8.35%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 7.48 % to 7.19 %
Bosch Ltd's allocation decreased from 4.68 % to 4.64 %
UltraTech Cement Ltd's allocation decreased from 4.71 % to 4.26 %
Cash allocation has gone down from 4.5% to 2%
Top 3 Sectors in July were Industrial, Utilities & Basic Materials
Jul'24
Industrial
44%
Utilities
15%
Basic Materials
11%
Jun'24
Industrial
41%
Utilities
15%
Basic Materials
11%
See all
Top Growth Drivers | 1M Return |
|---|---|
Kaynes Technology India Ltd | 9.7% |
 Bharti Airtel Ltd | 7.2% |
 Indus Towers Ltd | 6.1% |
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Kinjal Desai
Fund Manager of Nippon India Power & Infra Fund Direct Growth, since 25 May 2018
Top funds managed
Sanjay Doshi
Fund Manager of Nippon India Power & Infra Fund Direct Growth, since 2 January 2017
Top funds managed
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹3.27L Cr
as on 31-Jul-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 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 42.42% return, outperforming this fund by 6.72% per annum.
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 35.17% return, outperforming this fund by 0.76% per annum.
In the last 1 year, HDFC Defence Fund Direct Growth has given 86.25% return, outperforming this fund by 21.34%.
Over the last 6 months, this fund has decreased expense ratio by 21.1% moving from 1.28 to 1.01.
Over the last 3 months, this fund has experienced a 49.5% growth in AUM moving from 5.04K Cr to 7.53K Cr.
Nippon India Power & Infra 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 17.63% since inception which is less than its category average return of 24.42%
Fund Allocations
This fund has an allocation of 97.96% in Equity, 0% in Debt and 2.04% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 2267 Cr
Expense Ratio 1.01%
This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.18%
Frequently Asked Questions
The current NAV of Nippon India Power & Infra Fund Direct Growth is ₹397.33 as on 04-Sep-2024.
Existing (Absolute + CAGR) as on 04-Sep-2024.
Nippon India Power & Infra Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.61% | -0.61% |
6 Month Returns | 21.01% | 21.01% |
1 Year Returns | 64.91% | 64.91% |
3 Years Returns | 149.89% | 35.7% |
5 Years Returns | 338.82% | 34.42% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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1.01% as on August 2024
₹7537 Cr as on August 2024
Larsen & Toubro Ltd(8.35%), Reliance Industries Ltd(7.19%), NTPC Ltd(6.35%), Kaynes Technology India Ltd(5.75%), Bharti Airtel Ltd(4.95%) as on August 2024
Industrial(43.06%), Utilities(14.24%), Basic Materials(10.57%) as on August 2024
The alpha ratio for the Nippon India Power & Infra Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Power & Infra Fund Direct Growth | 6.46 | 7.92 | 4.19 |
As on August 2024
The alpha for Nippon India Power & Infra Fund Direct Growth is calculated against IISL Nifty Infrastructure 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 Power & Infra Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Power & Infra Fund Direct Growth | 0.97 | 0.98 | 1.08 |
As on August 2024
The Beta for Nippon India Power & Infra Fund Direct Growth is calculated with IISL Nifty Infrastructure 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 Power & Infra 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 Power & Infra Fund Direct Growth | 3.3 | 1.78 | 1.22 |
As on August 2024
The sharpe ratio for Nippon India Power & Infra Fund Direct Growth is calculated with IISL Nifty Infrastructure 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 Power & Infra 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 Power & Infra Fund Direct Growth | 14.27 | 15.38 | 22.08 |
As on August 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 3.79 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.52 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Sanjay Doshi are the fund managers of Nippon India Power & Infra Fund Direct Growth
The Exit load of Nippon India Power & Infra Fund Direct Growth is 1%