Nippon India US Equity Opportunities Fund Direct Growth
Equity
Direct
Global - Other
NAV as on 27-11-2024
₹ 37.67
1D
Inception Returns
15.2%
/yr
About Nippon India US Equity Opportunities Fund Direct Growth
Nippon India US Equity Opportunities Fund Direct Growth is an equity fund. This fund was started on 23 July, 2015. The fund is managed by Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India US Equity Opportunities Fund Direct Growth has ₹679 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 1.3.
Returns
Nippon India US Equity Opportunities Fund Direct Growth has given a CAGR return of 15.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.79%, 11.10% and 15.89% respectively.
Holdings
Nippon India US Equity Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Communication, Health, Financial Services, Basic Materials, Consumer Defensive. Its top holdings are Taiwan Semiconductor Manufacturing Co Ltd ADR, Amazon.com Inc, Booking Holdings Inc, Meta Platforms Inc Class A, Alphabet Inc Class A
Taxation
As it is a global - 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 US Equity Opportunities Fund Direct Growth
The primary investment objective of Nippon India US Equity Opportunities Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on recognized stock exchanges in the US and the secondary objective is to generate consistent returns by investing in debt and money market securities in India. However, there can be 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 100.00 and for SIP is INR 100.00. Nippon India US Equity Opportunities Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Nippon India US Equity Opportunities Fund Direct Growth
Nippon India US Equity Opportunities Fund Direct Growth Overview
| Expense ratio | 1.3% |
Benchmark | S&P 500 TR USD |
| AUM | ₹679 Cr |
| Inception Date | 23 July, 2015 |
| Min Lumpsum/SIP | --/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 14.78% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (27-Nov-24)
Fund Distribution
as on (31-Oct-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Taiwan Semiconductor Manufacturing Co Ltd ADR | 7.02% | 0% | |
Amazon.com Inc | 7.01% | -8.2% | |
Booking Holdings Inc | 6.74% | -11.4% | |
Meta Platforms Inc Class A | 6.02% | -8.1% | |
Alphabet Inc Class A | 5.91% | -9.6% |
Mutual Fund Insights
Nippon India US Equity Opportunities Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹679 Cr
Expense Ratio 1.3%
Frequently Asked Questions for Nippon India US Equity Opportunities Fund Direct Growth
Nippon India US Equity Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.61% | 4.61% |
6 Month Returns | 11.27% | 11.27% |
1 Year Returns | 28.79% | 28.79% |
3 Years Returns | 37.12% | 11.1% |
5 Years Returns | 109.05% | 15.89% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | -5.9 | -4 | -3.42 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 1.06 | 1 | 1.04 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 1.8 | 0.24 | 0.62 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 12.92 | 16.62 | 17.74 |