Equity
Direct
Equity - Other
NAV as on 04-09-2024
₹ 397.33
▲0.3%
1D
Inception Returns
17.6%
/yr
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.
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.
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
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.
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 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.
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 |
as on (04-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Industrial, Utilities & Basic Materials
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Power & Infra Fund Direct Growth | 6.46 | 7.92 | 4.19 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Power & Infra Fund Direct Growth | 0.97 | 0.98 | 1.08 |
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 |
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 |