Nippon India ETF Nifty Next 50 Junior BeES
Equity
regular
Large-Cap
NAV: ₹ 658.74 as on 18-04-2024
Fund Performance
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 43.2% growth in AUM moving from 3.25K Cr to 4.66K Cr.
This fund expense ratio is slightly on the lower side within the category (large-cap). Its expense ratio is 0.17% which is lower than the category average expense ratio of 0.79%.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 26.35% return, outperforming this fund by 4.18% per annum.
In the last 5 years, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 18.81% return, outperforming this fund by 1.19% per annum.
In the last 1 year, this fund has outperformed all funds in its category.
About the Nippon India ETF Nifty Next 50 Junior BeES
Nippon India ETF Nifty Next 50 Junior BeES is an equity fund. This fund was started on 21 February, 2003. The fund is managed by Mehul Dama. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India ETF Nifty Next 50 Junior BeES has ₹4663 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.2.
Nippon India ETF Nifty Next 50 Junior BeES Overview
 | 0.17% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹4663 Cr |
 | 21 February, 2003 |
 | --/-- |
 | 0% |
 | No Lock-in |
 TurnOver | 47.1% |
Nippon India ETF Nifty Next 50 Junior BeES Distribution as on (31-Mar-24)
Size breakup
Large cap
87.3%
Mid cap
12.4%
Sector Allocation
Financial Services
23.8%
Industrial
18.4%
Basic Materials
13.1%
Consumer Cyclical
12.2%
Consumer Defensive
11.7%
Utilities
9.2%
Energy
3.4%
Real Estate
3.2%
Health
2.7%
Communication
2.4%
Top Holdings of Nippon India ETF Nifty Next 50 Junior BeES as on (31-Mar-24)
Equity Holdings50
Nippon India ETF Nifty Next 50 Junior BeES: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.79% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.26% as on Mar'24
- This fund outperformed Nifty 100 by 2.54% in Mar'24
AUM Change
- AUM of the fund stands at 4.7K Cr as of Mar'24
- AUM increased by 156.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Nippon India ETF Nifty Next 50 Junior BeES portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 ABB India Ltd | 20.7% |
 Siemens Ltd | 19.9% |
 Interglobe Aviation Ltd | 18.7% |
Peer Analysis
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Nippon India ETF Nifty Next 50 Junior BeES | 61.9% | 22.2% | 17.6% | 21.8% |
Nippon India ETF Nifty Next 50 Junior BeES Fund Manager
Mehul Dama
Fund Manager of Nippon India ETF Nifty Next 50 Junior BeES, since 27 September 2021
Top funds managed
Nippon India ETF Nifty Next 50 Junior BeES Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 21.85% since inception which is more than its category average return of 13.36%
Fund Allocations
This fund has an allocation of 99.65% in Equity, 0% in Debt and 0.35% in Cash related instruments
AUM size ₹4663 Cr
This fund has AUM of ₹4663 Cr which is less than its category average of ₹ 6122 Cr
Expense Ratio 0.17%
This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of Nippon India ETF Nifty Next 50 Junior BeES is ₹658.74 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Nippon India ETF Nifty Next 50 Junior BeES | Absolute Returns | CAGR Returns |
1 Month Returns | 6.88% | 6.88% |
6 Month Returns | 36.88% | 36.88% |
1 Year Returns | 61.91% | 61.91% |
3 Years Returns | 82.34% | 22.17% |
5 Years Returns | 125.1% | 17.62% |
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0.17% as on March 2024
₹4663 Cr as on March 2024
Trent Ltd(4.78%), Bharat Electronics Ltd(3.96%), Tata Power Co Ltd(3.67%), Hindustan Aeronautics Ltd Ordinary Shares(3.42%), Indian Oil Corp Ltd(3.38%) as on March 2024
Financial Services(23.67%), Industrial(18.29%), Basic Materials(13.05%) as on March 2024
The alpha ratio for the Nippon India ETF Nifty Next 50 Junior BeES for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India ETF Nifty Next 50 Junior BeES | -0.15 | -0.22 | -0.23 |
As on March 2024
The alpha for Nippon India ETF Nifty Next 50 Junior BeES is calculated against S&P BSE 100 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 ETF Nifty Next 50 Junior BeES for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India ETF Nifty Next 50 Junior BeES | 1 | 1 | 1 |
As on March 2024
The Beta for Nippon India ETF Nifty Next 50 Junior BeES is calculated with S&P BSE 100 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 ETF Nifty Next 50 Junior BeES for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India ETF Nifty Next 50 Junior BeES | 3.11 | 0.95 | 0.66 |
As on March 2024
The sharpe ratio for Nippon India ETF Nifty Next 50 Junior BeES is calculated with S&P BSE 100 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 ETF Nifty Next 50 Junior BeES for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India ETF Nifty Next 50 Junior BeES | 13.72 | 16.88 | 19.28 |
As on March 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 1.69 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Mehul Dama is the fund manager of Nippon India ETF Nifty Next 50 Junior BeES