Nippon India Power & Infra Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 19-11-2024
₹ 363.68
▲0.2%
1D
Inception Returns
16.4%
/yr
About Nippon India Power & Infra Fund Direct Growth
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 ₹7402 Cr worth of assets under management (AUM) as on Oct 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 16.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.62%, 29.00% and 29.81% respectively.
Holdings
Nippon India Power & Infra Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Utilities, Basic Materials, Communication, Energy, Real Estate, Consumer Cyclical, Tech, Health, Financial Services. Its top holdings are Larsen & Toubro Ltd, NTPC Ltd, Reliance Industries Ltd, Bharti Airtel Ltd, UltraTech Cement 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
▲
▼
14256 people have invested ₹ 9.8Cr in Nippon India Power & Infra Fund Direct Growth in the last three months
INDmoney Rank for Nippon India Power & Infra Fund Direct Growth
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.
Nippon India Power & Infra Fund Direct Growth Overview
| Expense ratio | 0.95% |
Benchmark | IISL Nifty Infrastructure TR INR |
| AUM | ₹7402 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 (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
55.4%
Small cap
24.1%
Mid cap
18.4%
Sector Allocation
Industrial
44.2%
Utilities
17%
Basic Materials
10.4%
Communication
7.8%
Energy
6.5%
Real Estate
3.9%
Consumer Cyclical
3.8%
Tech
2.9%
Health
2.4%
Financial Services
1.1%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -7.24% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund underperformed Nifty 500 by 0.72% in Oct'24
- AUM of the fund stands at 7.4K Cr as of Oct'24
- AUM decreased by 461.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Larsen & Toubro Ltd's allocation increased from 9.35% to 9.79%
Bajel Projects Ltd's allocation increased from 0.1% to 0.44%
Bharat Heavy Electricals Ltd's allocation increased from 1.35% to 1.7%
Top Stocks sold last month
NTPC Ltd's allocation decreased from 7.05 % to 6.89 %
Reliance Industries Ltd's allocation decreased from 7.14 % to 6.39 %
UltraTech Cement Ltd's allocation decreased from 4.05 % to 4.04 %
Small Cap allocation has gone down from 25.4% to 24.1%
Mid Cap allocation has gone up from 18.3% to 18.4%
Large Cap allocation has gone up from 54.8% to 55.4%
Cash allocation has gone up from 1.3% to 1.9%
Top 3 Sectors in October were Industrial, Utilities & Basic Materials
Oct'24
Industrial
44%
Utilities
17%
Basic Materials
10%
Sep'24
Industrial
43%
Utilities
17%
Basic Materials
10%
See all
Top Growth Drivers | 1M Return |
|---|---|
 GE Vernova T&D India Ltd | 7.3% |
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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
₹4.29L Cr
as on 31-Oct-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
Over the last 3 months, this fund has decreased expense ratio by 15.2% moving from 1.12 to 0.95.
Over the last 6 months, this fund has experienced a 46.8% growth in AUM moving from 5.04K Cr to 7.40K Cr.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 32.69% return, outperforming this fund by 2.87% per annum.
In the last 1 year, HDFC Defence Fund Direct Growth has given 55.75% return, outperforming this fund by 15.13%.
In the last 3 years, SBI PSU Direct Growth has given 34.52% return, outperforming this fund by 5.52% per annum.
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 16.41% since inception which is less than its category average return of 16.76%
Fund Allocations
This fund has an allocation of 98.09% in Equity, 0% in Debt and 1.91% in Cash related instruments
AUM size ₹7402 Cr
This fund has AUM of ₹7402 Cr which is more than its category average of ₹ 2245 Cr
Expense Ratio 0.95%
This fund has an expense ratio of 0.95% which is less than its category average expense ratio of 1.2%
Frequently Asked Questions for Nippon India Power & Infra Fund Direct Growth
The current NAV of Nippon India Power & Infra Fund Direct Growth is ₹363.68 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Nippon India Power & Infra Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -8.16% | -8.16% |
6 Month Returns | -0.83% | -0.83% |
1 Year Returns | 40.62% | 40.62% |
3 Years Returns | 114.67% | 29% |
5 Years Returns | 268.61% | 29.81% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.95% as on October 2024
₹7402 Cr as on October 2024
Larsen & Toubro Ltd(9.79%), NTPC Ltd(6.89%), Reliance Industries Ltd(6.39%), Bharti Airtel Ltd(5.66%), UltraTech Cement Ltd(4.04%) as on October 2024
Industrial(43.39%), Utilities(16.66%), Basic Materials(10.18%) as on October 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 | 8.93 | 8.58 | 5.33 |
As on October 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 | 0.96 | 1 | 1.08 |
As on October 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 | 2.35 | 1.46 | 1.09 |
As on October 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 | 17.25 | 16.34 | 22.41 |
As on October 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 2.79 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.75 as on October 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%