Nippon India Japan Equity Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 19.56 as on 18-04-2024
Fund Performance
376 people have invested ₹ 7.6L in Nippon India Japan Equity Direct Growth in the last three months
INDmoney Rank of Nippon India Japan Equity Direct Growth
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IND ranking is not available for this fund.
Pros
Hold on while we find any good points for this fund.
Cons
Underperforms FD returns for both 3Y & 5Y period
About the Nippon India Japan Equity Direct Growth
Nippon India Japan Equity Direct Growth is an equity fund. This fund was started on 26 August, 2014. The fund is managed by Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Japan Equity Direct Growth has ₹315 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Nippon India Japan Equity Direct Growth Overview
 | 1.36% |
 Benchmark | S&P Japan 500 TR JPY |
 | ₹315 Cr |
 | 26 August, 2014 |
 | --/-- |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 47.24% |
Nippon India Japan Equity Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
83.1%
Mid cap
12.4%
Sector Allocation
Industrial
29.9%
Consumer Cyclical
16.9%
Tech
16.3%
Financial Services
10.1%
Consumer Defensive
9.9%
Real Estate
6.9%
Communication
6.6%
Basic Materials
3.2%
Top Holdings of Nippon India Japan Equity Direct Growth as on (31-Mar-24)
Equity Holdings30
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Hitachi Ltd | 3.42% | -9.6% | |
Mitsui Fudosan Co Ltd | 3.42% | -11.4% | |
Tokyo Electron Ltd | 3.39% | -21% | |
Toyota Motor Corp | 3.32% | -16.3% | |
Dai-ichi Life Holdings Inc | 3.28% | -6% |
See all
Peer Analysis
Nippon India Japan Equity Direct Growth Fund Manager
Kinjal Desai
Fund Manager of Nippon India Japan Equity Direct Growth, since 25 May 2018
Top funds managed
Nippon India Japan Equity Direct Growth 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 6.42% since inception which is less than its category average return of 6.73%
Fund Allocations
This fund has an allocation of 95.59% in Equity, 0% in Debt and 4.41% in Cash related instruments
AUM size ₹315 Cr
This fund has AUM of ₹315 Cr which is less than its category average of ₹ 511 Cr
Expense Ratio 1.36%
This fund has an expense ratio of 1.36% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Nippon India Japan Equity Direct Growth is ₹19.56 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Nippon India Japan Equity Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.24% | -0.24% |
6 Month Returns | 17.4% | 17.4% |
1 Year Returns | 19% | 19% |
3 Years Returns | 8.82% | 2.86% |
5 Years Returns | 0% | 0% |
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1.36% as on March 2024
₹315 Cr as on March 2024
Hitachi Ltd(3.42%), Mitsui Fudosan Co Ltd(3.42%), Tokyo Electron Ltd(3.39%), Toyota Motor Corp(3.32%), Dai-ichi Life Holdings Inc(3.28%) as on March 2024
Industrial(28.61%), Consumer Cyclical(16.14%), Tech(15.6%) as on March 2024
The alpha ratio for the Nippon India Japan Equity Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Japan Equity Direct Growth | -5.43 | -3.47 | - |
As on March 2024
The alpha for Nippon India Japan Equity Direct Growth is calculated against S&P Japan 500 TR JPY. 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 Japan Equity Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Japan Equity Direct Growth | 1.07 | 1.06 | - |
As on March 2024
The Beta for Nippon India Japan Equity Direct Growth is calculated with S&P Japan 500 TR JPY. 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 Japan Equity Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Japan Equity Direct Growth | 1.1 | 0.05 | - |
As on March 2024
The sharpe ratio for Nippon India Japan Equity Direct Growth is calculated with S&P Japan 500 TR JPY. 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 Japan Equity Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Japan Equity Direct Growth | 13.24 | 15.06 | - |
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 0.08 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Kinjal Desai is the fund manager of Nippon India Japan Equity Direct Growth
The Exit load of Nippon India Japan Equity Direct Growth is 1%