Nippon India Japan Equity Direct Growth

Nippon India Japan Equity Direct Growth

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Equity
Direct
Global - Other
NAV: ₹ 19.79 as on 21-05-2024

About the Fund

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

  1. Nippon India Japan Equity Direct Growth has ₹304 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.
Fund Performance
zero opening, trading, fund transfer fee
278 people have invested ₹ 3.8L in Nippon India Japan Equity Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
1.19%
Benchmark
Benchmark
S&P Japan 500 TR JPY
AUM
AUM
₹304 Cr
Inception Date
Inception Date
26 August, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
47.24%

Nippon India Japan Equity Direct Growth Distribution as on (30-Apr-24)

  • Equity 95.9%

  • Debt & Cash 4.1%

Size breakup

Large cap
83.4%
Mid cap
12.5%
Sector Allocation

Apr'24

Mar'24

Feb'24

Industrial
32.1%
Consumer Cyclical
15.7%
Tech
15.1%
Consumer Defensive
10.5%
Financial Services
10.2%
Real Estate
6.8%
Communication
6.6%
Basic Materials
3.1%

Top Holdings of Nippon India Japan Equity Direct Growth as on (30-Apr-24)

  • Equity

Equity Holdings30
Holdings
Weight%
1M Change
Nidec Corp
Nidec Corp
3.93%
0%
Hitachi Ltd
Hitachi Ltd
3.61%
0%
Kao Corp
Kao Corp
3.59%
0%
BayCurrent Consulting Inc
BayCurrent Consulting Inc
3.5%
0%
Tokio Marine Holdings Inc
Tokio Marine Holdings Inc
3.42%
0%

INDmoney Rank

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Pros

Hold on while we find any good points for this fund.

Cons

Underperforms FD returns for both 3Y & 5Y period

Fund Manager

Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Japan Equity Direct Growth, since 25 May 2018

Nippon India Japan Equity 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 6.41% since inception which is less than its category average return of 7.92%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.86% in Equity, 0% in Debt and 4.14% in Cash related instruments
AUM size ₹304 Cr

AUM size ₹304 Cr

This fund has AUM of ₹304 Cr which is less than its category average of ₹ 496 Cr
Expense Ratio 1.19%

Expense Ratio 1.19%

This fund has an expense ratio of 1.19% 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 ₹19.79 as on 21-May-2024.
Existing (Absolute + CAGR) as on 21-May-2024.
Nippon India Japan Equity Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.5%
0.5%
6 Month Returns
11.95%
11.95%
1 Year Returns
14.39%
14.39%
3 Years Returns
15.54%
4.93%
5 Years Returns
0%
0%
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1.19% as on April 2024
₹304 Cr as on April 2024
Nidec Corp(3.93%), Hitachi Ltd(3.61%), Kao Corp(3.59%), BayCurrent Consulting Inc(3.5%), Tokio Marine Holdings Inc(3.42%) as on April 2024
Industrial(30.77%), Consumer Cyclical(15.07%), Tech(14.44%) as on April 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
-3.26
-2.66
-
As on April 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
1.04
-
As on April 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
0.74
-0
-
As on April 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
14.19
15.2
-
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.
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%