Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl

Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Index Funds

NAV: ₹ 10.1 as on 30-09-2022

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 5K in mutual fund in the last three months
About the Fund

Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on  19 August, 2022. The fund is managed by Mehul Dama. The fund could potentially beat inflation in the long-run.

Key parameters

1) Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl has a NAV of 10.0796 as on 30-09-2022.

2) Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl has 51 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 0.3 %.

Fund Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
Nifty Alpha Low-Volatility 30 TR INR
AUM
AUM
₹51 Cr
Inception Date
Inception Date
19 August, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution

  • Equity 100.3%
Size breakup
Large cap
93%
Mid cap
7.3%

Sector Allocation

Aug'22

Jul'22

Jun'22

Consumer Defensive

31%

Consumer Cyclical

10.6%

Basic Materials

9.9%

Industrial

9.4%

Health

8.8%

Tech

8.7%

Utilities

7.6%

Financial Services

7.5%

Communication

3.4%

Energy

3.2%

Concentration Analysis

Fund
Aug'22
No of Holdings
30
Top 5 Company Concentration
20.8%
Company having highest exposure
Nestle India Ltd (4.8%)
No of Sectors
11
Top 5 Sectors Concentration
69.8%
Sector having highest exposure
Consumer Defensive (31.1%)

Fund Manager

Mehul Dama

Mehul Dama

Managing this fund since 19 August 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Index Fund - Nifty 50 Plan - Direct Plan - Growth Plan
15.14%
--
Nippon India Nifty Smallcap 250 Index Fund Dir Gr
0%
--
Nippon India Gold Savings Fund - Direct Plan - Growth
9.33%
8.92%

AMC details

Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Fund House
Nippon Life India Asset Management Ltd

Fund Highlights

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 0.8% since inception which is less than its category average return of 7.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.3% in Equity, 0% in Debt and -0.31% in Cash related instruments
AUM size ₹51 Cr

AUM size ₹51 Cr

This fund has AUM of ₹51 Cr which is less than its category average of ₹ 469 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is 10.08.
Existing (Absolute + CAGR)
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.35%
-0.35%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.3 as on September 2022
51 Cr as on September 2022
Nestle India Ltd(4.79%),Britannia Industries Ltd(4.1%),ITC Ltd(3.99%),NTPC Ltd(3.95%),SBI Life Insurance Company Limited(3.92%) as on September 2022
Consumer Defensive(31.07%),Consumer Cyclical(10.6%),Basic Materials(9.9%) as on September 2022
The alpha ratio for the Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
The alpha for Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against Nifty Alpha Low-Volatility 30 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 Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
The Beta for Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with Nifty Alpha Low-Volatility 30 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 Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
The sharpe ratio for Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with Nifty Alpha Low-Volatility 30 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 Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
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.
Mehul Dama is the fund manager of Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0%