Nippon India Nifty 50 Value 20 Index Fund Direct Growth

Nippon India Nifty 50 Value 20 Index Fund Direct Growth

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Equity
Direct
Index Funds
NAV: ₹ 17.44 as on 22-04-2024
Fund Performance
zero opening, trading, fund transfer fee
1767 people have invested ₹ 1.8Cr in Nippon India Nifty 50 Value 20 Index Fund Direct Growth in the last three months

About the Nippon India Nifty 50 Value 20 Index Fund Direct Growth

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

  1. Nippon India Nifty 50 Value 20 Index Fund Direct Growth has ₹588 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Nippon India Nifty 50 Value 20 Index Fund Direct Growth Overview

Expense ratio
Expense ratio
0.2%
Benchmark
Benchmark
IISL Nifty50 Value 20 TR INR
AUM
AUM
₹588 Cr
Inception Date
Inception Date
19 February, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
35.77%

Nippon India Nifty 50 Value 20 Index Fund Direct Growth Distribution as on (31-Mar-24)

  • Equity 99.9%

  • Debt & Cash 0.2%

Size breakup

Large cap
99.9%
Sector Allocation

Mar'24

Feb'24

Jan'24

Tech
34%
Financial Services
25.8%
Consumer Defensive
12%
Basic Materials
8.1%
Utilities
7.9%
Energy
5.6%
Consumer Cyclical
4.5%
Health
2.1%

Top Holdings of Nippon India Nifty 50 Value 20 Index Fund Direct Growth as on (31-Mar-24)

  • Equity

Equity Holdings20

Nippon India Nifty 50 Value 20 Index Fund Direct Growth: Monthly Changes Updates

All changes are between Jan'24 and Mar'24
Fund Performance
Mar'24
Feb'24
Jan'24
Fund Returns
-0.64%
2.91%
3.16%
Nifty50 Value 20
-0.05%
1.32%
-0.07%
  • This fund’s returns stands at -0.64% whereas the fund’s underlying benchmark Nifty50 Value 20 returns stands at -0.05% as on Mar'24
  • This fund underperformed Nifty50 Value 20 by 0.58% in Mar'24
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 545.5 Cr
₹ 545.5 Cr
₹ 497 Cr
  • AUM of the fund stands at 545.5 Cr as of Mar'24
  • AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes

Gainers & Losers in Nippon India Nifty 50 Value 20 Index Fund Direct Growth portfolio Returns for the month of Mar

Nippon India Nifty 50 Value 20 Index Fund Direct Growth Fund Manager

Mehul Dama
Mehul Dama
Fund Manager of Nippon India Nifty 50 Value 20 Index Fund Direct Growth, since 19 February 2021

Nippon India Nifty 50 Value 20 Index Fund 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 19.18% since inception which is less than its category average return of 19.22%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.85% in Equity, 0% in Debt and 0.15% in Cash related instruments
AUM size ₹588 Cr

AUM size ₹588 Cr

This fund has AUM of ₹588 Cr which is less than its category average of ₹ 689 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions

The current NAV of Nippon India Nifty 50 Value 20 Index Fund Direct Growth is ₹17.44 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Nippon India Nifty 50 Value 20 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.6%
-0.6%
6 Month Returns
17.74%
17.74%
1 Year Returns
34.85%
34.85%
3 Years Returns
73.17%
20.09%
5 Years Returns
0%
0%
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0.2% as on March 2024
₹588 Cr as on March 2024
ICICI Bank Ltd(14.96%), Infosys Ltd(14.69%), Tata Consultancy Services Ltd(10.79%), ITC Ltd(10.43%), State Bank of India(7.93%) as on March 2024
Tech(34%), Financial Services(25.71%), Consumer Defensive(12.02%) as on March 2024
The alpha ratio for the Nippon India Nifty 50 Value 20 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Nifty 50 Value 20 Index Fund Direct Growth
-0.32
-0.4
-
As on March 2024
The alpha for Nippon India Nifty 50 Value 20 Index Fund Direct Growth is calculated against IISL Nifty50 Value 20 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 Nifty 50 Value 20 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Nifty 50 Value 20 Index Fund Direct Growth
1
1
-
As on March 2024
The Beta for Nippon India Nifty 50 Value 20 Index Fund Direct Growth is calculated with IISL Nifty50 Value 20 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 Nifty 50 Value 20 Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Nippon India Nifty 50 Value 20 Index Fund Direct Growth
2.25
1.05
-
As on March 2024
The sharpe ratio for Nippon India Nifty 50 Value 20 Index Fund Direct Growth is calculated with IISL Nifty50 Value 20 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 Nifty 50 Value 20 Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Nippon India Nifty 50 Value 20 Index Fund Direct Growth
10.57
13.1
-
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 2.04 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 Nifty 50 Value 20 Index Fund Direct Growth
The Exit load of Nippon India Nifty 50 Value 20 Index Fund Direct Growth is 0%