Nippon India Nifty 50 Value 20 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 04-10-2024
₹ 20.73
1D
Inception Returns
22.3%
/yr
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 ₹846 Cr worth of assets under management (AUM) as on Aug 2024 and is more 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 22.29% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 40.76% and 17.93% 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, Utilities, Basic Materials, Energy, Consumer Cyclical, Health. Its top holdings are Infosys Ltd, ICICI Bank Ltd, ITC Ltd, Tata Consultancy Services 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.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.25% |
Benchmark | IISL Nifty50 Value 20 TR INR |
| AUM | ₹846 Cr |
| Inception Date | 19 February, 2021 |
| Min Lumpsum/SIP | ₹5000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 50.21% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (31-Aug-24)
- This fund’s returns stands at 1.64% whereas the fund’s underlying benchmark Nifty50 Value 20 returns stands at 0.90% as on Aug'24
- This fund outperformed Nifty50 Value 20 by 0.74% in Aug'24
- AUM of the fund stands at 798.9 Cr as of Aug'24
- AUM has remained same between Aug'24 and Jul'24
Top 3 Sectors in August were Tech, Financial Services & Consumer Defensive
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Auto Ltd | 8.5% |
 NTPC Ltd | 6.8% |
 ICICI Bank Ltd | 0.3% |
Nippon India Nifty 50 Value 20 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 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 | -0.03% | -0.03% |
6 Month Returns | 17.19% | 17.19% |
1 Year Returns | 40.76% | 40.76% |
3 Years Returns | 64.01% | 17.93% |
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 | -0.37 | -0.38 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Nifty 50 Value 20 Index Fund Direct Growth | 1 | 1 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Nifty 50 Value 20 Index Fund Direct Growth | 2.26 | 0.93 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Nifty 50 Value 20 Index Fund Direct Growth | 12.71 | 13.25 | - |