Nippon India Quant Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 28-11-2024
₹ 74.58
▲0.2%
1D
Inception Returns
15%
/yr
About Nippon India Quant Fund Direct Growth
Nippon India Quant Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Ashutosh Bhargava. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Quant Fund Direct Growth has ₹83 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Nippon India Quant Fund Direct Growth has given a CAGR return of 14.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.34%, 22.51% and 22.90% respectively.
Holdings
Nippon India Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Energy, Communication, Health, Consumer Defensive, Utilities, Basic Materials, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Reliance Industries Ltd, State Bank of India
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 Quant Fund Direct Growth
The investment objective of the Scheme is to generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected on the basis of a Quant model. 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 Quant Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
246 people have invested ₹ 24.9L in Nippon India Quant Fund Direct Growth in the last three months
INDmoney Rank for Nippon India Quant Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Nippon India Quant Fund Direct Growth Overview
| Expense ratio | 0.41% |
Benchmark | S&P BSE 200 India INR |
| AUM | ₹83 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 99.09% |
| 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 (28-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
81.3%
Mid cap
17.7%
Sector Allocation
Financial Services
29.9%
Industrial
14.9%
Tech
14.3%
Consumer Cyclical
11.8%
Energy
9%
Communication
4.1%
Health
3.9%
Consumer Defensive
3.7%
Utilities
3.2%
Basic Materials
2.8%
Real Estate
2.3%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.99% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.52% in Oct'24
- AUM of the fund stands at 83.2 Cr as of Oct'24
- AUM decreased by 2.8 Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 7.25% to 8.16%
State Bank of India's allocation increased from 3.85% to 4.34%
Oberoi Realty Ltd's allocation increased from 1.87% to 2.25%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 5.23 % to 5.07 %
Reliance Industries Ltd's allocation decreased from 5.32 % to 4.96 %
Bharti Airtel Ltd's allocation decreased from 4.18 % to 4.07 %
Large Cap allocation has gone down from 84% to 81.3%
Mid Cap allocation has gone up from 15.5% to 17.7%
Cash allocation has gone up from 0.6% to 1%
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Oct'24
Financial Services
30%
Industrial
15%
Tech
14%
Sep'24
Financial Services
28%
Industrial
17%
Consumer Cyclical
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.16% | 7.1% | |
 HDFC Bank Ltd | 7.3% | 0% | |
 Infosys Ltd | 5.07% | 0% | |
 Reliance Industries Ltd | 4.96% | 0% | |
 State Bank of India | 4.34% | 4.8% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 State Bank of India | 6% |
 ICICI Bank Ltd | 0.9% |
 Oberoi Realty Ltd | 0.4% |
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Kinjal Desai
Fund Manager of Nippon India Quant Fund Direct Growth, since 25 May 2018
Top funds managed
Ashutosh Bhargava
Fund Manager of Nippon India Quant Fund Direct Growth, since 16 September 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
In the last 3 years, SBI PSU Direct Growth has given 38.59% return, outperforming this fund by 16.08% per annum.
This fund has one of the lowest expense ratio in the category (equity - other). Its expense ratio is 0.41% which is lower than the category average expense ratio of 1.14%.
Over the last 6 months, this fund has experienced a 32.0% growth in AUM moving from 63.0 Cr to 83.17 Cr.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 32.74% return, outperforming this fund by 9.84% per annum.
In the last 1 year, HDFC Defence Fund Direct Growth has given 65.99% return, outperforming this fund by 29.65%.
Nippon India Quant 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 14.97% since inception which is less than its category average return of 18.27%
Fund Allocations
This fund has an allocation of 98.97% in Equity, 0% in Debt and 1.03% in Cash related instruments
AUM size ₹83 Cr
This fund has AUM of ₹83 Cr which is less than its category average of ₹ 2225 Cr
Expense Ratio 0.41%
This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 1.2%
Frequently Asked Questions for Nippon India Quant Fund Direct Growth
The current NAV of Nippon India Quant Fund Direct Growth is ₹74.58 as on 28-Nov-2024.
Existing (Absolute + CAGR) as on 28-Nov-2024.
Nippon India Quant Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.51% | 1.51% |
6 Month Returns | 7.79% | 7.79% |
1 Year Returns | 36.34% | 36.34% |
3 Years Returns | 83.89% | 22.51% |
5 Years Returns | 180.43% | 22.9% |
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.
0.41% as on October 2024
₹83 Cr as on October 2024
ICICI Bank Ltd(8.16%), HDFC Bank Ltd(7.3%), Infosys Ltd(5.07%), Reliance Industries Ltd(4.96%), State Bank of India(4.34%) as on October 2024
Financial Services(29.61%), Industrial(14.79%), Tech(14.15%) as on October 2024
The alpha ratio for the Nippon India Quant Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Quant Fund Direct Growth | 6.62 | 6.14 | 5.79 |
As on October 2024
The alpha for Nippon India Quant Fund Direct Growth is calculated against S&P BSE 200 India 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 Quant Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Quant Fund Direct Growth | 1.02 | 1 | 0.86 |
As on October 2024
The Beta for Nippon India Quant Fund Direct Growth is calculated with S&P BSE 200 India 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 Quant 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 Quant Fund Direct Growth | 2.13 | 0.98 | 1 |
As on October 2024
The sharpe ratio for Nippon India Quant Fund Direct Growth is calculated with S&P BSE 200 India 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 Quant 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 Quant Fund Direct Growth | 14.09 | 14.06 | 16.82 |
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 1.82 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.05 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Ashutosh Bhargava are the fund managers of Nippon India Quant Fund Direct Growth
The Exit load of Nippon India Quant Fund Direct Growth is 0.25%