Nippon India Focused Equity Fund Direct Growth

Nippon India Focused Equity Fund Direct Growth

Equity

Direct

Focused Fund

NAV as on 05-12-2024

₹ 130.44

0.5%

1D

Inception Returns

18.5%

/yr

About Nippon India Focused Equity Fund Direct Growth

Nippon India Focused Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vinay Sharma, Kinjal Desai. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India Focused Equity Fund Direct Growth has ₹8412 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 1.2.

Returns

Nippon India Focused Equity Fund Direct Growth has given a CAGR return of 18.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.03%, 17.11% and 21.47% respectively.

Holdings

Nippon India Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Communication, Health, Energy, Consumer Defensive, Basic Materials. Its top holdings are HDFC Bank Ltd, Axis Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd

Taxation

As it is a focused fund mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Nippon India Focused Equity Fund Direct Growth

The primary investment objective of the scheme is to generate long-term capital growth by predominantly investing in an active and concentrated portfolio of equity & equity related instruments up to 30 companies across market capitalization. The secondary objective of the scheme is to generate consistent returns by investing in debt, money market securities, REITs and InvITs. There is 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 100.00. Nippon India Focused Equity Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1273 people have invested ₹ 1.6Cr in Nippon India Focused Equity Fund Direct Growth in the last three months

INDmoney Rank for Nippon India Focused Equity Fund Direct Growth

Powered by IND quant engine
14
/19
49% Performance
34% Risk Management
37% Cost
14 out of 19 among focused fund
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5Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Nippon India Focused Equity Fund Direct Growth Overview

Expense ratio1.16%
Benchmark
S&P BSE 500 India TR INR
AUM₹8412 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
46.89%
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 (05-Dec-24)

Period
Nippon India Focused Equity Fund Direct Growth
Nifty 500
focused fund
1M
1.8%
2.6%
3.1%
3M
-3.6%
-2%
-0.9%
6M
10%
10.6%
13.6%
1Y
20%
25.2%
29.2%
3Y
17.1%
16.1%
17.4%
5Y
21.5%
19%
19.3%

Fund Distribution

as on (31-Oct-24)

  • Equity 89.8%

  • Debt & Cash 10.2%

Large cap
49.7%

Small cap
20.2%

Mid cap
18%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
40.8%
Consumer Cyclical
23.9%
Industrial
10.2%
Tech
5.2%
Communication
5%
Health
4.8%
Energy
4.7%
Consumer Defensive
3.4%
Basic Materials
2%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.48%
1.55%
0.79%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -5.48% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 1.04% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 8.5K Cr
₹ 9K Cr
₹ 8.9K Cr
  • AUM of the fund stands at 8.5K Cr as of Oct'24
  • AUM decreased by 502.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 8.66% to 9.19%
HDFC Bank Ltd's allocation increased from 8.66% to 9.19%
ICICI Bank Ltd's allocation increased from 6.4% to 6.88%
ICICI Bank Ltd's allocation increased from 6.4% to 6.88%
3M India Ltd's allocation increased from 3.52% to 3.97%
3M India Ltd's allocation increased from 3.52% to 3.97%
Top Stocks sold last month
Axis Bank Ltd's allocation decreased from 6.51 % to 6.49 %
Axis Bank Ltd's allocation decreased from 6.51 % to 6.49 %
Infosys Ltd's allocation decreased from 4.73 % to 4.7 %
Infosys Ltd's allocation decreased from 4.73 % to 4.7 %
Reliance Industries Ltd's allocation decreased from 4.68 % to 4.25 %
Reliance Industries Ltd's allocation decreased from 4.68 % to 4.25 %
Mid Cap allocation has gone down from 19.4% to 18.5%
Mid Cap allocation has gone down from 19.4% to 18.5%
Large Cap allocation has gone down from 51.9% to 48.5%
Large Cap allocation has gone down from 51.9% to 48.5%
Small Cap allocation has gone down from 21% to 19.8%
Small Cap allocation has gone down from 21% to 19.8%
Cash allocation has gone up from 6.7% to 10.2%
Cash allocation has gone up from 6.7% to 10.2%

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial

Oct'24
Financial Services
41%
Consumer Cyclical
24%
Industrial
10%
Sep'24
Financial Services
38%
Consumer Cyclical
23%
Industrial
10%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
32
32
32
Top 5 Company Concentration
31.5%
31%
30.3%
Company having highest exposure
HDFC Bank Ltd (9.2%)
HDFC Bank Ltd (8.7%)
HDFC Bank Ltd (8.3%)
No of Sectors
9
9
9
Top 5 Sectors Concentration
85.1%
84.6%
84.9%
Sector having highest exposure
Financial Services (40.8%)
Financial Services (38.4%)
Financial Services (39.2%)
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Vinay Sharma
Vinay Sharma
Fund Manager of Nippon India Focused Equity Fund Direct Growth, since 7 May 2018
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Focused Equity Fund Direct Growth, since 25 May 2018
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
Over the last 1 month, this fund has experienced a 6.3% drop in AUM moving from 8.97K Cr to 8.41K Cr.
Insights icon
In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 26.35% return, outperforming this fund by 4.88% per annum.
Insights icon
This fund expense ratio is slightly on the lower side within the category (focused fund). Its expense ratio is 1.16% which is lower than the category average expense ratio of 1.27%.
Insights icon
Over the last 1 month, this fund has increased expense ratio by 1.8% moving from 1.14 to 1.16.
Insights icon
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 27.39% return, outperforming this fund by 10.28% per annum.
Insights icon
In the last 1 year, Invesco India Focused Fund Direct Growth has given 53.68% return, outperforming this fund by 33.64%.

Nippon India Focused Equity 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 18.47% since inception which is more than its category average return of 17.84%
Fund Allocations

Fund Allocations

This fund has an allocation of 89.79% in Equity, 0% in Debt and 10.21% in Cash related instruments
AUM size ₹8412 Cr

AUM size ₹8412 Cr

This fund has AUM of ₹8412 Cr which is more than its category average of ₹ 4696 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 1.47%

Frequently Asked Questions for Nippon India Focused Equity Fund Direct Growth

The current NAV of Nippon India Focused Equity Fund Direct Growth is ₹130.44 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
Nippon India Focused Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.78%
1.78%
6 Month Returns
10.02%
10.02%
1 Year Returns
20.03%
20.03%
3 Years Returns
60.61%
17.11%
5 Years Returns
164.41%
21.47%
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1.16% as on November 2024
₹8412 Cr as on November 2024
HDFC Bank Ltd(8.84%), Axis Bank Ltd(7.02%), ICICI Bank Ltd(6.97%), Infosys Ltd(5.42%), Reliance Industries Ltd(4.86%) as on November 2024
Financial Services(36.59%), Consumer Cyclical(21.48%), Industrial(9.14%) as on November 2024
The alpha ratio for the Nippon India Focused Equity Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Focused Equity Fund Direct Growth
-4.34
0.54
0.02
As on November 2024
The alpha for Nippon India Focused Equity Fund Direct Growth 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Focused Equity Fund Direct Growth
0.95
0.94
1.12
As on November 2024
The Beta for Nippon India Focused Equity Fund Direct Growth 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Nippon India Focused Equity Fund Direct Growth
0.99
0.77
0.74
As on November 2024
The sharpe ratio for Nippon India Focused Equity Fund Direct Growth 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Nippon India Focused Equity Fund Direct Growth
13.02
13.58
22.23
As on November 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 1.34 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Vinay Sharma, Kinjal Desai are the fund managers of Nippon India Focused Equity Fund Direct Growth
The Exit load of Nippon India Focused Equity Fund Direct Growth is 1%