Nippon India Equity Hybrid Fund Direct Growth

Nippon India Equity Hybrid Fund Direct Growth

Hybrid

Direct

Aggressive Allocation

NAV as on 06-12-2024

₹ 116.76

0.6%

1D

Inception Returns

13.5%

/yr

About Nippon India Equity Hybrid Fund Direct Growth

Nippon India Equity Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sushil Budhia, Kinjal Desai, Meenakshi Dawar. This fund gives you the benefit of diversification.

Key Parameters

  1. Nippon India Equity Hybrid Fund Direct Growth has ₹3850 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

Nippon India Equity Hybrid Fund Direct Growth has given a CAGR return of 13.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.92%, 17.45% and 14.88% respectively.

Holdings

Nippon India Equity Hybrid Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Government, Industrial, Consumer Cyclical, Tech, Cash Equivalent, Health, Consumer Defensive, Utilities, Energy, Communication, Basic Materials, Real Estate, Securitize.

Taxation

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Nippon India Equity Hybrid Fund Direct Growth

The primary investment objective of this option is to generate consistent returns and appreciation of capital by investing in a mix of securities comprising of equity, equity related instruments & fixed income instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Nippon India Equity Hybrid Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1253 people have invested ₹ 42.2L in Nippon India Equity Hybrid Fund Direct Growth in the last three months

INDmoney Rank for Nippon India Equity Hybrid Fund Direct Growth

Powered by IND quant engine
15
/19
47% Performance
22% Risk Management
23% Cost
15 out of 19 among aggressive allocation

Nippon India Equity Hybrid Fund Direct Growth Overview

Expense ratio1.16%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹3850 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
41.39%
STCGSelling mutual fund 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 (06-Dec-24)

Period
Nippon India Equity Hybrid Fund Direct Growth
Aggressive Allocation Index
1M
2.3%
2.3%
3M
0.6%
-0.4%
6M
11.4%
11.2%
1Y
23.9%
24.5%
3Y
17.5%
15.5%
5Y
14.9%
17.6%

Fund Distribution

as on (31-Oct-24)

  • Equity 75.4%

  • Debt & Cash 24.6%

Large cap
55.3%

Mid cap
9.2%

Small cap
8.2%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
30.9%
Industrial
11.9%
Consumer Cyclical
11.6%
Tech
10.5%
Health
8.1%
Consumer Defensive
5.8%
Utilities
5.3%
Energy
5.1%
Communication
4.3%
Basic Materials
3.6%
Real Estate
2.9%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 3.9K Cr
₹ 4K Cr
₹ 3.9K Cr
  • AUM of the fund stands at 3.9K Cr as of Oct'24
  • AUM decreased by 117.8 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Corporate, Financial Services & Government

Oct'24
Corporate
64%
Financial Services
31%
Government
26%
Sep'24
Corporate
64%
Financial Services
29%
Government
19%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
114
110
112
Top 5 Company Concentration
20.2%
20%
20.1%
Company having highest exposure
HDFC Bank Ltd (5.3%)
HDFC Bank Ltd (5.2%)
HDFC Bank Ltd (5%)
No of Sectors
14
14
14
Top 5 Sectors Concentration
144%
136.2%
141.1%
Sector having highest exposure
Corporate (63.5%)
Corporate (64%)
Corporate (67.5%)
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Sushil Budhia
Sushil Budhia
Fund Manager of Nippon India Equity Hybrid Fund Direct Growth, since 1 February 2020
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Equity Hybrid Fund Direct Growth, since 25 May 2018
Meenakshi Dawar
Meenakshi Dawar
Fund Manager of Nippon India Equity Hybrid Fund Direct Growth, since 10 September 2021
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
This fund expense ratio is slightly on the lower side within the category (aggressive allocation). Its expense ratio is 1.16% which is lower than the category average expense ratio of 1.24%.
Insights icon
In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 31.22% return, outperforming this fund by 7.31%.
Insights icon
Over the last 1 month, this fund has experienced a 3.1% drop in AUM moving from 3.97K Cr to 3.85K Cr.
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Over the last 1 year, this fund has decreased expense ratio by 8.7% moving from 1.27 to 1.16.
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In the last 5 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 28.33% return, outperforming this fund by 13.45% per annum.
Insights icon
In the last 3 years, ICICI Prudential Equity & Debt Fund Direct Plan Growth has given 21.01% return, outperforming this fund by 3.56% per annum.

Nippon India Equity Hybrid 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 13.48% since inception which is more than its category average return of 13.34%
Fund Allocations

Fund Allocations

This fund has an allocation of 75.42% in Equity, 22.58% in Debt and 2.01% in Cash related instruments
AUM size ₹3850 Cr

AUM size ₹3850 Cr

This fund has AUM of ₹3850 Cr which is less than its category average of ₹ 5682 Cr
Expense Ratio 1.16%

Expense Ratio 1.16%

This fund has an expense ratio of 1.16% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions for Nippon India Equity Hybrid Fund Direct Growth

The current NAV of Nippon India Equity Hybrid Fund Direct Growth is ₹116.76 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Nippon India Equity Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.31%
2.31%
6 Month Returns
11.36%
11.36%
1 Year Returns
23.92%
23.92%
3 Years Returns
62.02%
17.45%
5 Years Returns
100.05%
14.88%
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1.16% as on November 2024
₹3850 Cr as on November 2024
HDFC Bank Ltd(5.52%), ICICI Bank Ltd(5.3%), Infosys Ltd(3.52%), Larsen & Toubro Ltd(3.43%), Bharti Airtel Ltd(2.81%) as on November 2024
Financial Services(23.29%), Corporate(15.62%), Industrial(8.96%) as on November 2024
AAA
56.26
AA
41.21
A
2.53
Sushil Budhia, Kinjal Desai, Meenakshi Dawar are the fund managers of Nippon India Equity Hybrid Fund Direct Growth
The Exit load of Nippon India Equity Hybrid Fund Direct Growth is 1%