Nippon India Vision Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 03-01-2025
₹ 1552.52
▲1.5%
1D
Inception Returns
15.6%
/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 Amar Kalkundrikar, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Vision Fund Direct Growth has ₹5546 Cr worth of assets under management (AUM) as on Nov 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 15.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.99%, 21.44% and 22.07% respectively.
Holdings
Nippon India Vision Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Consumer Cyclical, Health, Basic Materials, Consumer Defensive, Utilities, Energy, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Dixon Technologies (India) Ltd, Infosys Ltd, Bharti Airtel 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
INDmoney Rank for Nippon India Vision Fund Direct Growth
Nippon India Vision Fund Direct Growth Overview
| Expense ratio | 1.45% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹5546 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 116.1% |
| STCG | Selling mutual fund 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-Jan-25)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 1.67% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.60% as on Nov'24
- This fund outperformed NIFTY 500 by 2.27% in Nov'24
- AUM of the fund stands at 5.5K Cr as of Nov'24
- AUM increased by 143.1 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Industrial & Tech
Top Growth Drivers | 1M Return |
|---|---|
 Jubilant Foodworks Ltd | 13.4% |
 Coforge Ltd | 10.5% |
 Ipca Laboratories Ltd | 10.4% |
Mutual Fund Insights
Nippon India Vision Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹5546 Cr
Expense Ratio 1.45%
Frequently Asked Questions for Nippon India Vision Fund Direct Growth
Nippon India Vision Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.22% | 1.22% |
6 Month Returns | 4.76% | 4.76% |
1 Year Returns | 28.99% | 28.99% |
3 Years Returns | 79.11% | 21.44% |
5 Years Returns | 171.02% | 22.07% |
- 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 Vision Fund Direct Growth | 7.35 | 3.16 | 0.45 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Vision Fund Direct Growth | 0.9 | 0.9 | 0.95 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Vision Fund Direct Growth | 1.62 | 1.06 | 0.87 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Vision Fund Direct Growth | 10.63 | 12.9 | 19.11 |