Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Equity
Direct
Index Funds
NAV: ₹ 15.61 as on 24-04-2024
Fund Performance
3 people have invested ₹ 300 in Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months
About the Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment 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
- Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹274 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.3% |
 Benchmark | Nifty Alpha Low-Volatility 30 TR INR |
 | ₹274 Cr |
 | 19 August, 2022 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 45.81% |
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
82.1%
Mid cap
17.3%
Sector Allocation
Consumer Cyclical
21.5%
Consumer Defensive
19.8%
Health
19%
Energy
10.6%
Industrial
9%
Financial Services
6.5%
Basic Materials
6.3%
Utilities
3.7%
Communication
3.7%
Top Holdings of Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings30
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.84% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.05% as on Mar'24
- This fund outperformed Nifty 50 by 2.89% in Mar'24
AUM Change
- AUM of the fund stands at 164.7 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Siemens Ltd | 19.9% |
 Bajaj Auto Ltd | 8.1% |
 Maruti Suzuki India Ltd | 7.7% |
Top Losers | 1M Return |
|---|---|
 MRF Ltd | -5.3% |
 TVS Motor Company Ltd | -4.6% |
 Tata Consumer Products Ltd | -2.5% |
Peer Analysis
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Mehul Dama
Fund Manager of Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 19 August 2022
Top funds managed
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 30.32% since inception which is more than its category average return of 19.5%
Fund Allocations
This fund has an allocation of 99.43% in Equity, 0% in Debt and 0.57% in Cash related instruments
AUM size ₹274 Cr
This fund has AUM of ₹274 Cr which is less than its category average of ₹ 689 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions
The current NAV of Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹15.61 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.66% | 0.66% |
6 Month Returns | 32.74% | 32.74% |
1 Year Returns | 53.65% | 53.65% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.3% as on March 2024
₹274 Cr as on March 2024
Bajaj Auto Ltd(4.66%), Sun Pharmaceuticals Industries Ltd(4.58%), Maruti Suzuki India Ltd(4.23%), Bharti Airtel Ltd(3.87%), ICICI Bank Ltd(3.79%) as on March 2024
Consumer Cyclical(21.86%), Consumer Defensive(19.3%), Health(18.28%) as on March 2024
The alpha ratio for the Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl | -0.24 | - | - |
As on March 2024
The alpha for Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl | 0.99 | - | - |
As on March 2024
The Beta for Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl | 3.3 | - | - |
As on March 2024
The sharpe ratio for Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl | 12.14 | - | - |
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.
Mehul Dama is the fund manager of Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%