Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan
Equity
Direct
Index Funds
NAV: ₹ 38.96 as on 15-04-2024
Fund Performance
4646 people have invested ₹ 1.9Cr in Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan in the last three months
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 22.5% growth in AUM moving from 518.8 Cr to 635.34 Cr.
In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 22.49% return, outperforming this fund by 5.61% per annum.
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.18% which is lower than the category average expense ratio of 0.33%.
Over the last 6 months, this fund has increased expense ratio by 20.0% moving from 0.15 to 0.18.
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 17.7% return, outperforming this fund by 2.75% per annum.
In the last 1 year, Motilal Oswal S&P BSE Enhanced Value Index Fund Direct Growth has given 92.78% return, outperforming this fund by 68.45%.
INDmoney Rank of Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan
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Pros
Beats FD returns for both 3Y & 5Y duration
Cons
3Y returns in the bottom 25% of the category
About the Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan
Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Mehul Dama. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan has ₹635 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 Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan Overview
 | 0.18% |
 Benchmark | S&P BSE SENSEX TR INR |
 | ₹635 Cr |
 | 1 January, 2013 |
 | ₹5000/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 7.97% |
Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan Distribution as on (31-Mar-24)
Size breakup
Large cap
99.9%
Sector Allocation
Financial Services
36.8%
Tech
14.7%
Energy
12.2%
Consumer Defensive
8.3%
Consumer Cyclical
8.2%
Basic Materials
5.3%
Industrial
5.3%
Communication
3.7%
Utilities
3.4%
Health
2.1%
Top Holdings of Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan as on (31-Mar-24)
Equity Holdings30
Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.56% whereas the fund’s underlying benchmark S&P BSE Sensex returns stands at -0.05% as on Mar'24
- This fund outperformed S&P BSE Sensex by 1.62% in Mar'24
AUM Change
- AUM of the fund stands at 635.3 Cr as of Mar'24
- AUM increased by 19.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Finance Ltd | 12% |
 Bharti Airtel Ltd | 4.9% |
 ITC Ltd | 1.8% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 Tata Consultancy Services Ltd | -3.6% |
 Axis Bank Ltd | -0.6% |
Peer Analysis
Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan Fund Manager
Mehul Dama
Fund Manager of Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan, since 6 November 2018
Top funds managed
Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan 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 13.35% since inception which is less than its category average return of 20.09%
Fund Allocations
This fund has an allocation of 99.88% in Equity, 0% in Debt and 0.12% in Cash related instruments
AUM size ₹635 Cr
This fund has AUM of ₹635 Cr which is less than its category average of ₹ 683 Cr
Expense Ratio 0.18%
This fund has an expense ratio of 0.18% which is less than its category average expense ratio of 0.5%
Frequently Asked Questions
The current NAV of Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan is ₹38.96 as on 15-Apr-2024.
Existing (Absolute + CAGR) as on 15-Apr-2024.
Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 12.05% | 12.05% |
1 Year Returns | 24.34% | 24.34% |
3 Years Returns | 59.68% | 16.88% |
5 Years Returns | 100.71% | 14.95% |
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0.18% as on March 2024
₹635 Cr as on March 2024
HDFC Bank Ltd(13.03%), Reliance Industries Ltd(12.17%), ICICI Bank Ltd(9.11%), Infosys Ltd(6.34%), Larsen & Toubro Ltd(5.29%) as on March 2024
Financial Services(36.76%), Tech(14.72%), Energy(12.17%) as on March 2024
The alpha ratio for the Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan | -0.14 | -0.21 | -0.16 |
As on March 2024
The alpha for Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan is calculated against S&P BSE SENSEX 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 Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan | 1 | 1 | 0.99 |
As on March 2024
The Beta for Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan is calculated with S&P BSE SENSEX 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 Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan | 1.66 | 0.77 | 0.58 |
As on March 2024
The sharpe ratio for Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan is calculated with S&P BSE SENSEX 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 Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan | 10.41 | 12.83 | 18.24 |
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 1.47 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 Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan
The Exit load of Nippon India Index S&P BSE Fund Sensex Plan - Direct Plan - Growth Plan is 0.25%