Nippon India Equity Savings Direct Bonus

Hybrid
Direct
Equity Savings
Nippon India Equity Savings Direct Bonus

About the Fund

Nippon India Equity Savings Direct Bonus is a hybrid fund. This fund was started on 30 May, 2015. The fund is managed by Dhrumil Shah, Sushil Budhia, Anand Gupta, Kinjal Desai. This fund gives you the benefit of diversification.

Key Parameters

  1. Nippon India Equity Savings Direct Bonus has ₹482 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Nippon India Equity Savings Direct Bonus has given a CAGR return of 5.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.35%, 9.42% and 5.00% respectively.

Holdings

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

Taxation

As it is a equity savings 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 Savings Direct Bonus

The primary investment objective of this fund is to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments. However, there can be 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 0.00. Nippon India Equity Savings Direct Bonus has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.74%
Benchmark
NIFTY Equity Savings TR INR
AUM₹482 Cr
Inception Date30 May, 2015
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
558.45%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 23.8%

  • Debt & Cash 76.2%

Large cap
109.2%

Mid cap
5.8%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
26%
Basic Materials
17.1%
Energy
13.8%
Industrial
9.6%
Tech
9.1%
Consumer Defensive
7.7%
Consumer Cyclical
5.9%
Utilities
5.7%
Communication
2.1%
Health
2%
Real Estate
0.8%
All changes are between Oct'69 and Dec'69

Dhrumil Shah
Dhrumil Shah
Fund Manager of Nippon India Equity Savings Direct Bonus, since 10 September 2021
Sushil Budhia
Sushil Budhia
Fund Manager of Nippon India Equity Savings Direct Bonus, since 1 February 2020
Anand Gupta
Anand Gupta
Fund Manager of Nippon India Equity Savings Direct Bonus, since 12 September 2018
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Equity Savings Direct Bonus, since 25 May 2018

Nippon India Equity Savings Direct Bonus Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 5.78% since inception which is less than its category average return of 8.45%
Fund Allocations

Fund Allocations

This fund has an allocation of 23.8% in Equity, 21.9% in Debt and 54.3% in Cash related instruments
AUM size ₹482 Cr

AUM size ₹482 Cr

This fund has AUM of ₹482 Cr which is less than its category average of ₹ 1388 Cr
Expense Ratio 0.74%

Expense Ratio 0.74%

This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.13%

Frequently Asked Questions

The current NAV of Nippon India Equity Savings Direct Bonus is ₹16.7 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Nippon India Equity Savings Direct Bonus
Absolute Returns
CAGR Returns
1 Month Returns
1.35%
1.35%
6 Month Returns
6.99%
6.99%
1 Year Returns
13.35%
13.35%
3 Years Returns
31%
9.42%
5 Years Returns
27.63%
5%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.74% as on June 2024
₹482 Cr as on June 2024
HDFC Bank Ltd(5.74%), Larsen & Toubro Ltd(5.57%), 7.26% Govt Stock 2033(5.26%), Coal India Ltd(4.91%), Reliance Industries Ltd(4.68%) as on June 2024
Cash Equivalent(54.3%), Government(12.57%), Corporate(9.34%) as on June 2024
AAA
90.54
AA
9.46
Dhrumil Shah, Sushil Budhia, Anand Gupta, Kinjal Desai are the fund managers of Nippon India Equity Savings Direct Bonus
The Exit load of Nippon India Equity Savings Direct Bonus is 1%