Nippon India Focused Equity Fund Direct Growth
About the Fund
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, Prateek Poddar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Focused Equity Fund Direct Growth has ₹8585 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 1.2.
Returns
Nippon India Focused Equity Fund Direct Growth has given a CAGR return of 19.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.38%, 20.36% and 22.43% respectively.
Holdings
Nippon India Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Energy, Communication, Consumer Defensive, Health, Basic Materials. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Kotak Mahindra Bank Ltd, Honeywell Automation India 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 benefitDividends 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.
INDmoney Rank
Fund Overview
| Expense ratio | 1.16% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹8585 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 54.06% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Cholamandalam Financial Holdings Ltd | 16.7% |
 Whirlpool of India Ltd | 11.9% |
Mutual Fund Insights
Nippon India Focused Equity Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹8585 Cr
Expense Ratio 1.16%
Frequently Asked Questions
Nippon India Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.11% | 3.11% |
6 Month Returns | 18.21% | 18.21% |
1 Year Returns | 35.38% | 35.38% |
3 Years Returns | 74.36% | 20.36% |
5 Years Returns | 175.06% | 22.43% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Focused Equity Fund Direct Growth | -0.3 | 1.06 | -0.88 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Focused Equity Fund Direct Growth | 1.01 | 0.94 | 1.13 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Focused Equity Fund Direct Growth | 2.07 | 1.03 | 0.72 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Focused Equity Fund Direct Growth | 12.78 | 13.5 | 22.61 |