Equity
Direct
Equity - Other
NAV as on 29-10-2024
₹ 75.34
▲0.4%
1D
Inception Returns
15%
/yr
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.
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 43.90%, 20.24% and 22.97% respectively.
Nippon India Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Energy, Communication, Consumer Defensive, Health, Utilities, Basic Materials, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Tata Consultancy Services 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 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 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.
Expense ratio | 0.41% |
Benchmark | S&P BSE 200 India INR |
AUM | ₹86 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 |
as on (29-Oct-24)
as on (30-Sep-24)
Top 3 Sectors in September were Financial Services, Industrial & Consumer Cyclical
Nippon India Quant Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.88% | -6.88% |
6 Month Returns | 9.58% | 9.58% |
1 Year Returns | 43.9% | 43.9% |
3 Years Returns | 73.84% | 20.24% |
5 Years Returns | 181.15% | 22.97% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Quant Fund Direct Growth | 6.19 | 6.24 | 5.42 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Quant Fund Direct Growth | 1.04 | 1 | 0.85 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Quant Fund Direct Growth | 2.88 | 1.23 | 1.1 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Quant Fund Direct Growth | 11.74 | 13.31 | 16.45 |