Equity
Direct
Value
NAV as on 03-09-2024
₹ 251.7
▲0.4%
1D
Inception Returns
18.6%
/yr
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.
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.
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
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.
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 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.
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 |
as on (03-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Industrial & Tech
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Value Fund Direct Growth | 8.81 | 5.6 | 4.38 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Value Fund Direct Growth | 1.06 | 1.04 | 1.03 |
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 |
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 |