Equity
Direct
Global - Other
NAV as on 05-09-2024
₹ 34.48
1D
Inception Returns
14.5%
/yr
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.
Nippon India US Equity Opportunities Fund Direct Growth has given a CAGR return of 14.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.08%, 8.72% and 15.06% respectively.
Nippon India US Equity Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Health, Communication, Financial Services, Basic Materials. Its top holdings are Amazon.com Inc, IQVIA Holdings Inc, Booking Holdings Inc, Microsoft Corp, Taiwan Semiconductor Manufacturing Co Ltd ADR
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.
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 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.
Expense ratio | 1.3% |
Benchmark | S&P 500 TR USD |
AUM | ₹682 Cr |
Inception Date | 23 July, 2015 |
Min Lumpsum/SIP | --/-- |
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 12.5% without indexation. |
Risk | Very High Risk |
as on (05-Sep-24)
as on (31-Jul-24)
Nippon India US Equity Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.29% | 6.29% |
6 Month Returns | 4.76% | 4.76% |
1 Year Returns | 22.08% | 22.08% |
3 Years Returns | 28.52% | 8.72% |
5 Years Returns | 101.69% | 15.06% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | -2.71 | -4.22 | -3.66 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 1 | 0.97 | 1.04 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 1.16 | 0.28 | 0.63 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 14.68 | 16.84 | 17.88 |