Nippon India Equity Savings Direct Growth
Hybrid
Direct
Equity Savings
NAV: ₹ 13.6 as on 22-03-2023
Fund Performance
48 people have invested ₹ 44.1K in mutual fund in the last three months
Fund Insights
In the last 1 year, Kotak Equity Savings Fund Direct Growth has given 6.55% return, outperforming Nippon India Equity Savings Direct Growth by 2.7%
In the last 3 years, Mahindra Manulife Equity Savings Fund Direct Growth has given 17.26% return, outperforming Nippon India Equity Savings Direct Growth by 5.07% per annum
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 9.92% return, outperforming Nippon India Equity Savings Direct Growth by 8.65% per annum
Nippon India Equity Savings Direct Growth has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.69% which is lower than the category average expense ratio of 1.18%
Nippon India Equity Savings Direct Growth Performance as on (22-Mar-23)
About the Fund
Nippon India Equity Savings Direct Growth is a hybrid fund. This fund was started on 30 May, 2015. The fund is managed by Kinjal Desai, Anand Gupta, Dhrumil Shah, Sushil Budhia. This fund gives you the benefit of diversification.
Key parameters
1) Nippon India Equity Savings Direct Growth has a NAV of ₹13.6289 as on 22-03-2023.
2) Nippon India Equity Savings Direct Growth has ₹179 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.
3) The fund has an expense ratio 0.69 %.
Nippon India Equity Savings Direct Growth Overview
 | 0.69% |
 Benchmark | NIFTY Equity Savings TR INR |
 | ₹179 Cr |
 | 30 May, 2015 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 406.02% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
68.2%
Mid cap
5.2%
Sector Allocation
Financial Services
26.9%
Basic Materials
22.7%
Industrial
12.3%
Tech
11.3%
Energy
8.2%
Consumer Cyclical
5.7%
Consumer Defensive
5.6%
Communication
3.1%
Health
2.6%
Real Estate
0.9%
Utilities
0.7%
Top Holdings of Nippon India Equity Savings Direct Growth as on (28-Feb-23)
Equity Holdings34
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Larsen & Toubro Ltd | 8.92% | 0% | |
 Grasim Industries Ltd | 6.02% | 0% | |
 Reliance Industries Ltd | 5.91% | 0% | |
 Housing Development Finance Corp Ltd | 5.53% | 0% | |
 ICICI Bank Ltd | 4.43% | 0% |
See all
Nippon India Equity Savings Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -0.49% whereas the fund’s underlying benchmark Equity Savings Index returns stands at -0.32% as on Feb'23
- This fund underperformed Equity Savings Index by 0.16% in Feb'23
AUM Change
- AUM of the fund stands at 181.9 Cr as of Feb'23
- AUM has remained same between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Tata Steel Ltd's allocation increased from 4.33% to 4.68%
HCL Technologies Ltd's allocation increased from 3.46% to 3.8%
Larsen & Toubro Ltd's allocation increased from 8.53% to 8.83%
Top Stocks sold last month
Grasim Industries Ltd's allocation decreased from 6.35 % to 5.96 %
Reliance Industries Ltd's allocation decreased from 6.27 % to 5.89 %
ICICI Bank Ltd's allocation decreased from 4.47 % to 4.24 %
Top 3 Sectors in February were Corporate, Financial Services & Basic Materials
Feb'23
Financial Services
27%
Basic Materials
23%
Industrial
12%
Jan'23
Corporate
30%
Financial Services
27%
Basic Materials
23%
Peer Analysis
Nippon India Equity Savings Direct Growth Fund Manager
Kinjal Desai
Fund Manager of Nippon India Equity Savings Direct Growth, since 25 May 2018
Top funds managed
Anand Gupta
Fund Manager of Nippon India Equity Savings Direct Growth, since 12 September 2018
Top funds managed
Dhrumil Shah
Fund Manager of Nippon India Equity Savings Direct Growth, since 10 September 2021
Top funds managed
Sushil Budhia
Fund Manager of Nippon India Equity Savings Direct Growth, since 1 February 2020
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 4.04% since inception which is less than its category average return of 7.06%
Fund Allocations
This fund has an allocation of 28.04% in Equity, 13.46% in Debt and 58.5% in Cash related instruments
AUM size ₹179 Cr
This fund has AUM of ₹179 Cr which is less than its category average of ₹ 770 Cr
Expense Ratio 0.69%
This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.22%
Frequently Asked Questions
The current NAV of Nippon India Equity Savings Direct Growth is 13.59 as on 17-Mar-2023.
Existing (Absolute + CAGR)
Nippon India Equity Savings Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.09% | -1.09% |
6 Month Returns | 1.75% | 1.75% |
1 Year Returns | 3.52% | 3.52% |
3 Years Returns | 38.63% | 11.5% |
5 Years Returns | 5.95% | 1.16% |
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.
0.69 as on February 2023
179 Cr as on February 2023
Larsen & Toubro Ltd(8.92%),Grasim Industries Ltd(6.02%),Reliance Industries Ltd(5.91%),Housing Development Finance Corp Ltd(5.53%),ICICI Bank Ltd(4.43%) as on February 2023
Cash Equivalent(58.5%),Corporate(8.17%),Financial Services(7.54%) as on February 2023
AAA | 100 |
Anand Gupta,Kinjal Desai,Dhrumil Shah,Sushil Budhia are the fund managers of Nippon India Equity Savings Direct Growth
The Exit load of Nippon India Equity Savings Direct Growth is 1%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.