Nippon India ETF Nifty Dividend Opportunities 50
Equity
regular
Dividend Yield
NAV: ₹ 75.58 as on 03-05-2024
About the Fund
Nippon India ETF Nifty Dividend Opportunities 50 is an equity fund. This fund was started on 15 April, 2014. The fund is managed by Mehul Dama. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India ETF Nifty Dividend Opportunities 50 has ₹47 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Fund Performance
Overview
 | 0.37% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹47 Cr |
 | 15 April, 2014 |
 | --/-- |
 | 0% |
 | No Lock-in |
 TurnOver | 25.88% |
Nippon India ETF Nifty Dividend Opportunities 50 Distribution as on (31-Mar-24)
Size breakup
Large cap
80.8%
Mid cap
15.8%
Small cap
3%
Sector Allocation
Tech
27.2%
Financial Services
21.3%
Consumer Defensive
17.8%
Utilities
10%
Energy
9.9%
Basic Materials
5.9%
Consumer Cyclical
4.4%
Industrial
3.5%
Top Holdings of Nippon India ETF Nifty Dividend Opportunities 50 as on (30-Apr-24)
Equity Holdings50
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Vedanta Ltd | 34.1% |
 Power Grid Corporation of India Ltd | 12% |
 State Bank of India | 9.5% |
Top Losers | 1M Return |
|---|---|
 HCL Technologies Ltd | -12.4% |
 Infosys Ltd | -4.7% |
 Tata Consultancy Services Ltd | -4% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.86% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 0.39% in Mar'24
AUM Change
- AUM of the fund stands at 46.7 Cr as of Mar'24
- AUM increased by 1.8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 56.31% return, outperforming this fund by 5.12%.
In the last 5 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 24.08% return, outperforming this fund by 4.09% per annum.
This fund has one of the lowest expense ratio in the category (dividend yield). Its expense ratio is 0.37% which is lower than the category average expense ratio of 1.41%.
In the last 3 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 33.65% return, outperforming this fund by 6.24% per annum.
Over the last 6 months, this fund has experienced a 68.3% growth in AUM moving from 27.76 Cr to 46.71 Cr.
Peer Analysis
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Nippon India ETF Nifty Dividend Opportunities 50 | 51.2% | 27.4% | 20% | 15.9% |
Fund Manager
Mehul Dama
Fund Manager of Nippon India ETF Nifty Dividend Opportunities 50, since 6 November 2018
Top funds managed
Nippon India ETF Nifty Dividend Opportunities 50 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 15.88% since inception which is less than its category average return of 20.32%
Fund Allocations
This fund has an allocation of 99.58% in Equity, 0% in Debt and 0.42% in Cash related instruments
AUM size ₹47 Cr
This fund has AUM of ₹47 Cr which is less than its category average of ₹ 2766 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 1.52%
Frequently Asked Questions
The current NAV of Nippon India ETF Nifty Dividend Opportunities 50 is ₹75.58 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
Nippon India ETF Nifty Dividend Opportunities 50 | Absolute Returns | CAGR Returns |
1 Month Returns | 1.96% | 1.96% |
6 Month Returns | 31.04% | 31.04% |
1 Year Returns | 51.19% | 51.19% |
3 Years Returns | 106.79% | 27.4% |
5 Years Returns | 148.7% | 19.99% |
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.
0.37% as on April 2024
₹47 Cr as on April 2024
ITC Ltd(9.87%), Infosys Ltd(9.81%), Tata Consultancy Services Ltd(9.79%), State Bank of India(7.65%), Hindustan Unilever Ltd(5.35%) as on April 2024
Tech(27.09%), Financial Services(21.24%), Consumer Defensive(17.72%) as on April 2024
The alpha ratio for the Nippon India ETF Nifty Dividend Opportunities 50 for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India ETF Nifty Dividend Opportunities 50 | -0.53 | -0.26 | -0.12 |
As on April 2024
The alpha for Nippon India ETF Nifty Dividend Opportunities 50 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 ETF Nifty Dividend Opportunities 50 for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India ETF Nifty Dividend Opportunities 50 | 1 | 0.99 | 0.99 |
As on April 2024
The Beta for Nippon India ETF Nifty Dividend Opportunities 50 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 ETF Nifty Dividend Opportunities 50 for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India ETF Nifty Dividend Opportunities 50 | 2.87 | 1.5 | 0.89 |
As on April 2024
The sharpe ratio for Nippon India ETF Nifty Dividend Opportunities 50 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 ETF Nifty Dividend Opportunities 50 for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India ETF Nifty Dividend Opportunities 50 | 12.47 | 13.19 | 15.91 |
As on April 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 3.32 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Mehul Dama is the fund manager of Nippon India ETF Nifty Dividend Opportunities 50