Nippon India Consumption Fund Direct Growth

Nippon India Consumption Fund Direct Growth

Equity

Direct

Equity - Consumption

NAV as on 03-12-2024

₹ 221.56

0.5%

1D

Inception Returns

15.6%

/yr

About Nippon India Consumption Fund Direct Growth

Nippon India Consumption 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

  1. Nippon India Consumption Fund Direct Growth has ₹2073 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Nippon India Consumption Fund Direct Growth has given a CAGR return of 15.57% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.39%, 22.53% and 25.05% respectively.

Holdings

Nippon India Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Basic Materials, Industrial, Tech. Its top holdings are Bharti Airtel Ltd, Hindustan Unilever Ltd, ITC Ltd, Mahindra & Mahindra Ltd, Godrej Consumer Products 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 benefit
Dividends 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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
2321 people have invested ₹ 2.3Cr in Nippon India Consumption Fund Direct Growth in the last three months

INDmoney Rank for Nippon India Consumption Fund Direct Growth

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IND ranking is not available for this fund.
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5Y returns in the top 25% of the category
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Nippon India Consumption Fund Direct Growth Overview

Expense ratio0.66%
Benchmark
S&P BSE 500 India TR INR
AUM₹2073 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
43.39%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (03-Dec-24)

Period
Nippon India Consumption Fund Direct Growth
Nifty 500
equity - consumption
1M
0.9%
0.9%
-
3M
-5.5%
-3.2%
-
6M
9.7%
5.6%
-
1Y
28.4%
27.1%
-
3Y
22.5%
15.7%
-
5Y
25%
18.8%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 95.5%

  • Debt & Cash 4.5%

Large cap
61.2%

Small cap
17.3%

Mid cap
17%

Sector Allocation

Oct'24

Sep'24

Aug'24

Consumer Cyclical
41.9%
Consumer Defensive
36%
Communication
8.9%
Basic Materials
6.5%
Industrial
6.1%
Tech
0.6%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-10.39%
4.23%
2.53%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -10.39% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund underperformed Nifty 500 by 3.88% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2.1K Cr
₹ 2K Cr
₹ 1.7K Cr
  • AUM of the fund stands at 2.1K Cr as of Oct'24
  • AUM increased by 50.1 Cr between Oct'24 and Sep'24
Top Stocks bought last month
TVS Motor Co Ltd's allocation increased from 1.05% to 2.01%
TVS Motor Co Ltd's allocation increased from 1.05% to 2.01%
Tata Consumer Products Ltd's allocation increased from 0.92% to 1.74%
Tata Consumer Products Ltd's allocation increased from 0.92% to 1.74%
Procter & Gamble Hygiene and Health Care Ltd's allocation increased from 1.95% to 2.62%
Procter & Gamble Hygiene and Health Care Ltd's allocation increased from 1.95% to 2.62%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 7.35 % to 7.23 %
Bharti Airtel Ltd's allocation decreased from 7.35 % to 7.23 %
Hindustan Unilever Ltd's allocation decreased from 6.55 % to 6.44 %
Hindustan Unilever Ltd's allocation decreased from 6.55 % to 6.44 %
ITC Ltd's allocation decreased from 6.15 % to 5.66 %
ITC Ltd's allocation decreased from 6.15 % to 5.66 %
Large Cap allocation has gone down from 63.1% to 61.2%
Large Cap allocation has gone down from 63.1% to 61.2%
Small Cap allocation has gone up from 16.6% to 17.3%
Small Cap allocation has gone up from 16.6% to 17.3%
Mid Cap allocation has gone up from 16.5% to 17%
Mid Cap allocation has gone up from 16.5% to 17%
Cash allocation has gone up from 3.4% to 4.5%
Cash allocation has gone up from 3.4% to 4.5%

Top 3 Sectors in October were Consumer Cyclical, Consumer Defensive & Communication

Oct'24
Consumer Cyclical
42%
Consumer Defensive
36%
Communication
9%
Sep'24
Consumer Cyclical
41%
Consumer Defensive
36%
Communication
9%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
40
39
38
Top 5 Company Concentration
29%
29.9%
31.3%
Company having highest exposure
Bharti Airtel Ltd (7.2%)
Bharti Airtel Ltd (7.4%)
Bharti Airtel Ltd (7.7%)
No of Sectors
6
5
5
Top 5 Sectors Concentration
99.4%
100%
100%
Sector having highest exposure
Consumer Cyclical (41.9%)
Consumer Cyclical (40.9%)
Consumer Defensive (38.7%)
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Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Consumption Fund Direct Growth, since 1 November 2020
Amar Kalkundrikar
Amar Kalkundrikar
Fund Manager of Nippon India Consumption Fund Direct Growth, since 20 October 2020
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

Insights icon
In the last 1 year, HSBC Consumption Fund Direct Growth has given 38.36% return, outperforming this fund by 9.97%.
Insights icon
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 0.66% which is lower than the category average expense ratio of 1.37%.
Insights icon
Over the last 6 months, this fund has experienced a 169.5% growth in AUM moving from 769.25 Cr to 2.07K Cr.
Insights icon
Over the last 3 months, this fund has decreased expense ratio by 34.0% moving from 1.00 to 0.66.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 22.98% return, outperforming this fund by 0.45% per annum.

Nippon India Consumption Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.57% since inception which is less than its category average return of 16.79%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.53% in Equity, 0% in Debt and 4.47% in Cash related instruments
AUM size ₹2073 Cr

AUM size ₹2073 Cr

This fund has AUM of ₹2073 Cr which is more than its category average of ₹ 1785 Cr
Expense Ratio 0.66%

Expense Ratio 0.66%

This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.28%

Frequently Asked Questions for Nippon India Consumption Fund Direct Growth

The current NAV of Nippon India Consumption Fund Direct Growth is ₹221.56 as on 03-Dec-2024.
Existing (Absolute + CAGR) as on 03-Dec-2024.
Nippon India Consumption Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.94%
0.94%
6 Month Returns
9.74%
9.74%
1 Year Returns
28.39%
28.39%
3 Years Returns
83.95%
22.53%
5 Years Returns
205.73%
25.05%
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0.66% as on November 2024
₹2073 Cr as on November 2024
Bharti Airtel Ltd(7.23%), Hindustan Unilever Ltd(6.44%), ITC Ltd(5.66%), Mahindra & Mahindra Ltd(5.15%), Godrej Consumer Products Ltd(4.54%) as on November 2024
Consumer Cyclical(39.99%), Consumer Defensive(34.43%), Communication(8.52%) as on November 2024
The alpha ratio for the Nippon India Consumption Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Consumption Fund Direct Growth
1.51
4.88
4.89
As on November 2024
The alpha for Nippon India Consumption 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 Consumption Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Consumption Fund Direct Growth
0.91
0.85
1
As on November 2024
The Beta for Nippon India Consumption 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 Consumption 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 Consumption Fund Direct Growth
1.28
1.13
1.07
As on November 2024
The sharpe ratio for Nippon India Consumption 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 Consumption 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 Consumption Fund Direct Growth
15.33
13.81
17.64
As on November 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 1.97 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.61 as on November 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 Consumption Fund Direct Growth
The Exit load of Nippon India Consumption Fund Direct Growth is 1%