Nippon India Value Fund Direct Growth
Equity
Direct
Value
NAV as on 03-09-2024
₹ 251.7
▲0.4%
1D
Inception Returns
18.6%
/yr
About the Fund
Nippon India Value Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Meenakshi Dawar, Dhrumil Shah. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Value Fund Direct Growth has ₹8560 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 1.2.
Returns
Nippon India Value Fund Direct Growth has given a CAGR return of 18.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 55.77%, 25.66% and 28.95% respectively.
Holdings
Nippon India Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Energy, Consumer Cyclical, Basic Materials, Utilities, Health, Communication, Real Estate, Consumer Defensive. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Oil & Natural Gas Corp Ltd, NTPC Ltd
Taxation
As it is a value 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 Value Fund Direct Growth
The primary investment objective of this scheme is to seek capital appreciation and/or to generate consistent returns by actively investing in equity/ equity related securities predominantly into value stocks. However there can be no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Nippon India Value Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
2065 people have invested ₹ 2Cr in Nippon India Value Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
3
/11
88% Performance
45% Risk Management
48% Cost
3 out of 11 among value
Generated Consistent Returns
Lower probablity of downside risk
Outperformed benchmarks during bull run
Highly volatile within category
Fund Overview
| Expense ratio | 1.15% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹8560 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 52.96% |
| 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 (03-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
54.9%
Small cap
20.9%
Mid cap
17.6%
Sector Allocation
Financial Services
32.1%
Industrial
13.3%
Tech
12.3%
Energy
9.5%
Consumer Cyclical
8.8%
Basic Materials
6.4%
Utilities
5.7%
Health
5.3%
Communication
3.8%
Real Estate
1.7%
Consumer Defensive
1.1%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 4.30% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.77% in Jul'24
- AUM of the fund stands at 8.6K Cr as of Jul'24
- AUM increased by 372 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Kajaria Ceramics Ltd's allocation increased from 0.1% to 0.74%
Infosys Ltd's allocation increased from 3.83% to 4.37%
Oil & Natural Gas Corp Ltd's allocation increased from 3.08% to 3.59%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8 % to 7.34 %
ICICI Bank Ltd's allocation decreased from 5.43 % to 5.26 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 3.05 %
Cash allocation has gone up from 1.8% to 4.4%
Top 3 Sectors in July were Financial Services, Industrial & Tech
Jul'24
Financial Services
32%
Industrial
13%
Tech
12%
Jun'24
Financial Services
31%
Industrial
12%
Tech
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.34% | 0% | |
 ICICI Bank Ltd | 5.26% | 0% | |
 Infosys Ltd | 4.37% | 0% | |
 Oil & Natural Gas Corp Ltd | 3.59% | 0% | |
 NTPC Ltd | 3.37% | 0% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Inox Wind Ltd | 29.4% |
 PNB Housing Finance Ltd | 25.8% |
 Dixon Technologies (India) Ltd | 13.2% |
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Kinjal Desai
Fund Manager of Nippon India Value Fund Direct Growth, since 25 May 2018
Top funds managed
Meenakshi Dawar
Fund Manager of Nippon India Value Fund Direct Growth, since 7 May 2018
Top funds managed
Dhrumil Shah
Fund Manager of Nippon India Value Fund Direct Growth, since 1 January 2023
Top funds managed
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹3.27L Cr
as on 31-Jul-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 5 years, JM Value Fund (Direct) - Growth has given 31.52% return, outperforming this fund by 2.57% per annum.
Over the last 6 months, this fund has experienced a 22.3% growth in AUM moving from 6.99K Cr to 8.55K Cr.
In the last 1 year, Quant Value Fund Direct Growth has given 72.04% return, outperforming this fund by 16.26%.
In the last 3 years, JM Value Fund (Direct) - Growth has given 31.39% return, outperforming this fund by 5.73% per annum.
Over the last 15 months, this fund has decreased expense ratio by 10.9% moving from 1.29 to 1.15.
This fund expense ratio is slightly on the lower side within the category (value). Its expense ratio is 1.15% which is lower than the category average expense ratio of 1.31%.
Nippon India Value 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 18.61% since inception which is less than its category average return of 20.19%
Fund Allocations
This fund has an allocation of 95.41% in Equity, 0% in Debt and 4.35% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 5554 Cr
Expense Ratio 1.15%
This fund has an expense ratio of 1.15% which is less than its category average expense ratio of 1.42%
Frequently Asked Questions
The current NAV of Nippon India Value Fund Direct Growth is ₹251.7 as on 03-Sep-2024.
Existing (Absolute + CAGR) as on 03-Sep-2024.
Nippon India Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.54% | 3.54% |
6 Month Returns | 20.76% | 20.76% |
1 Year Returns | 55.77% | 55.77% |
3 Years Returns | 98.43% | 25.66% |
5 Years Returns | 256.54% | 28.95% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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1.15% as on August 2024
₹8560 Cr as on August 2024
HDFC Bank Ltd(7.34%), ICICI Bank Ltd(5.26%), Infosys Ltd(4.37%), Oil & Natural Gas Corp Ltd(3.59%), NTPC Ltd(3.37%) as on August 2024
Financial Services(30.58%), Industrial(12.7%), Tech(11.74%) as on August 2024
The alpha ratio for the Nippon India Value Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Value Fund Direct Growth | 8.81 | 5.6 | 4.38 |
As on August 2024
The alpha for Nippon India Value Fund Direct Growth is calculated against S&P BSE 500 India 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Value Fund Direct Growth | 1.06 | 1.04 | 1.03 |
As on August 2024
The Beta for Nippon India Value Fund Direct Growth is calculated with S&P BSE 500 India 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 Value 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 Value Fund Direct Growth | 3.22 | 1.35 | 1.12 |
As on August 2024
The sharpe ratio for Nippon India Value Fund Direct Growth is calculated with S&P BSE 500 India 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 Value 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 Value Fund Direct Growth | 12.33 | 13.96 | 19.8 |
As on August 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 2.73 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.13 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Meenakshi Dawar, Dhrumil Shah are the fund managers of Nippon India Value Fund Direct Growth
The Exit load of Nippon India Value Fund Direct Growth is 1%