Nippon India Nifty 50 Value 20 Index Fund Direct Growth
About the Fund
Nippon India Nifty 50 Value 20 Index Fund Direct Growth is an equity fund. This fund was started on 19 February, 2021. The fund is managed by Mehul Dama. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Nifty 50 Value 20 Index Fund Direct Growth has ₹712 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Nippon India Nifty 50 Value 20 Index Fund Direct Growth has given a CAGR return of 22.72% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 41.26% and 21.52% respectively.
Holdings
Nippon India Nifty 50 Value 20 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Consumer Defensive, Basic Materials, Utilities, Energy, Consumer Cyclical, Health. Its top holdings are ICICI Bank Ltd, Infosys Ltd, Tata Consultancy Services Ltd, ITC Ltd, State Bank of India
Taxation
As it is a index funds 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 Nifty 50 Value 20 Index Fund Direct Growth
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 50 Value 20 Index before expenses, subject to tracking errors. However, there can be 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 Nifty 50 Value 20 Index Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.25% |
Benchmark | IISL Nifty50 Value 20 TR INR |
| AUM | ₹712 Cr |
| Inception Date | 19 February, 2021 |
| Min Lumpsum/SIP | ₹5000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 35.77% |
| 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 |
|---|---|
 Infosys Ltd | 20.3% |
 Tata Consultancy Services Ltd | 12.7% |
 ICICI Bank Ltd | 4.8% |
Nippon India Nifty 50 Value 20 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹712 Cr
Expense Ratio 0.25%
Frequently Asked Questions
Nippon India Nifty 50 Value 20 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.41% | 8.41% |
6 Month Returns | 18.2% | 18.2% |
1 Year Returns | 41.26% | 41.26% |
3 Years Returns | 79.45% | 21.52% |
5 Years Returns | 0% | 0% |
- 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 Nifty 50 Value 20 Index Fund Direct Growth | -0.35 | -0.38 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Nifty 50 Value 20 Index Fund Direct Growth | 1 | 0.99 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Nifty 50 Value 20 Index Fund Direct Growth | 2.03 | 1 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Nifty 50 Value 20 Index Fund Direct Growth | 11.63 | 13.14 | - |