Nippon India Vision Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 25-11-2024
₹ 1519.84
▲1.9%
1D
Inception Returns
15.4%
/yr
About Nippon India Vision Fund Direct Growth
Nippon India Vision Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Amar Kalkundrikar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Vision Fund Direct Growth has ₹5403 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.5.
Returns
Nippon India Vision Fund Direct Growth has given a CAGR return of 15.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.96%, 20.05% and 21.95% respectively.
Holdings
Nippon India Vision Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Health, Basic Materials, Utilities, Consumer Defensive, Energy, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, NTPC Ltd, Infosys Ltd, Ipca Laboratories Ltd
Taxation
As it is a large & mid-cap 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 Vision Fund Direct Growth
The primary investment objective of the Scheme is to achieve long term growth of capital by investing in equity and equity related securities through a research based investment approach. The secondary objective is to generate consistent returns by investing in debt, money market securities, REITs and InvITs. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Vision Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
804 people have invested ₹ 76.3L in Nippon India Vision Fund Direct Growth in the last three months
INDmoney Rank for Nippon India Vision Fund Direct Growth
Powered by IND quant engine
18
/21
66% Performance
41% Risk Management
0% Cost
18 out of 21 among large & mid-cap
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Nippon India Vision Fund Direct Growth Overview
| Expense ratio | 1.45% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹5403 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 116.1% |
| 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 (25-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
55.7%
Mid cap
41.1%
Sector Allocation
Financial Services
21.1%
Industrial
14.4%
Tech
14.3%
Consumer Cyclical
12.3%
Health
9.4%
Basic Materials
8.3%
Utilities
6.2%
Consumer Defensive
6%
Energy
3.6%
Communication
2.8%
Real Estate
1.6%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.01% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -6.52% as on Oct'24
- This fund outperformed NIFTY 500 by 0.50% in Oct'24
- AUM of the fund stands at 5.4K Cr as of Oct'24
- AUM decreased by 215.6 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Global Health Ltd's allocation increased from 0.36% to 1.22%
State Bank of India's allocation increased from 0.87% to 1.53%
Persistent Systems Ltd's allocation increased from 1.63% to 2.24%
Top Stocks sold last month
NTPC Ltd's allocation decreased from 3.23 % to 3.1 %
Infosys Ltd's allocation decreased from 2.94 % to 2.86 %
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 2.76 %
Mid Cap allocation has gone down from 42.6% to 41.1%
Large Cap allocation has gone down from 56.3% to 55.7%
Cash allocation has gone up from 1% to 3.1%
Top 3 Sectors in October were Financial Services, Tech & Industrial
Oct'24
Financial Services
21%
Industrial
14%
Tech
14%
Sep'24
Financial Services
21%
Tech
14%
Industrial
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.04% | 0% | |
 ICICI Bank Ltd | 3.62% | 0% | |
 NTPC Ltd | 3.1% | 0% | |
 Infosys Ltd | 2.86% | 0% | |
 Ipca Laboratories Ltd | 2.76% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Coforge Ltd | 10.2% |
 Global Health Ltd | 6.5% |
 Ipca Laboratories Ltd | 1.6% |
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Kinjal Desai
Fund Manager of Nippon India Vision Fund Direct Growth, since 25 May 2018
Top funds managed
Amar Kalkundrikar
Fund Manager of Nippon India Vision Fund Direct Growth, since 18 June 2021
Top funds managed
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.29L Cr
as on 31-Oct-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, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.32% return, outperforming this fund by 5.37% per annum.
Over the last 1 month, this fund has experienced a 3.8% drop in AUM moving from 5.61K Cr to 5.40K Cr.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.63% return, outperforming this fund by 6.58% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 48.97% return, outperforming this fund by 11%.
Over the last 15 months, this fund has decreased expense ratio by 7.6% moving from 1.57 to 1.45.
Nippon India Vision 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 15.43% since inception which is less than its category average return of 16.19%
Fund Allocations
This fund has an allocation of 96.89% in Equity, 0% in Debt and 3.11% in Cash related instruments
AUM size ₹5403 Cr
This fund has AUM of ₹5403 Cr which is less than its category average of ₹ 7239 Cr
Expense Ratio 1.45%
This fund has an expense ratio of 1.45% which is more than its category average expense ratio of 1.37%
Frequently Asked Questions for Nippon India Vision Fund Direct Growth
The current NAV of Nippon India Vision Fund Direct Growth is ₹1519.84 as on 25-Nov-2024.
Existing (Absolute + CAGR) as on 25-Nov-2024.
Nippon India Vision Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.87% | -0.87% |
6 Month Returns | 8.22% | 8.22% |
1 Year Returns | 37.96% | 37.96% |
3 Years Returns | 73.03% | 20.05% |
5 Years Returns | 169.77% | 21.95% |
With INDmoney, the process of investing is very simple and involves zero commission.
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1.45% as on October 2024
₹5403 Cr as on October 2024
HDFC Bank Ltd(5.04%), ICICI Bank Ltd(3.62%), NTPC Ltd(3.1%), Infosys Ltd(2.86%), Ipca Laboratories Ltd(2.76%) as on October 2024
Financial Services(20.44%), Industrial(13.99%), Tech(13.89%) as on October 2024
The alpha ratio for the Nippon India Vision Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Vision Fund Direct Growth | 6.78 | 2.1 | - |
As on October 2024
The alpha for Nippon India Vision Fund Direct Growth is calculated against S&P BSE 200 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 Vision Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Vision Fund Direct Growth | 0.94 | 0.92 | 0.95 |
As on October 2024
The Beta for Nippon India Vision Fund Direct Growth is calculated with S&P BSE 200 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 Vision 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 Vision Fund Direct Growth | 2.45 | 0.99 | 0.87 |
As on October 2024
The sharpe ratio for Nippon India Vision Fund Direct Growth is calculated with S&P BSE 200 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 Vision 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 Vision Fund Direct Growth | 13.16 | 13.26 | 19.1 |
As on October 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 1.77 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.52 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Amar Kalkundrikar are the fund managers of Nippon India Vision Fund Direct Growth
The Exit load of Nippon India Vision Fund Direct Growth is 1%