Nippon India Consumption Fund Direct Growth
About the Fund
Nippon India Consumption 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 Consumption Fund Direct Growth has ₹1063 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Nippon India Consumption Fund Direct Growth has given a CAGR return of 16.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.65%, 26.92% and 28.13% respectively.
Holdings
Nippon India Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Consumer Cyclical, Communication, Industrial, Basic Materials, Financial Services. Its top holdings are Bharti Airtel Ltd, Hindustan Unilever Ltd, ITC Ltd, Mahindra & Mahindra Ltd, Jubilant Foodworks Ltd
Taxation
As it is a equity - consumption 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 Consumption Fund Direct Growth
The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies that are likely to benefit directly or indirectly from the domestic consumption led demand. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Consumption Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 1% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1063 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 30.19% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Losers | 1M Return |
|---|---|
 Havells India Ltd | -7.8% |
 Maruti Suzuki India Ltd | 3.7% |
 ITC Ltd | 16.3% |
Mutual Fund Insights
Nippon India Consumption Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1063 Cr
Expense Ratio 1%
Frequently Asked Questions
Nippon India Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.92% | 3.92% |
6 Month Returns | 23.78% | 23.78% |
1 Year Returns | 43.65% | 43.65% |
3 Years Returns | 104.44% | 26.92% |
5 Years Returns | 245.32% | 28.13% |
- 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 Consumption Fund Direct Growth | 12.13 | 6.89 | 5.33 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Consumption Fund Direct Growth | 0.67 | 0.77 | 1 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Consumption Fund Direct Growth | 3.19 | 1.56 | 1.15 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Consumption Fund Direct Growth | 8.85 | 12.04 | 17.09 |