Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan
Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan

Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan

Compare
Hybrid
Direct
Fund Of Funds

NAV: ₹ 15.7 as on 02-06-2023

Fund Performance
zero opening, trading, fund transfer fee
2369 people have invested ₹ 57.6L in Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan in the last three months

Fund Insights

Insights icon

In the last 1 year, ICICI Prudential BHARAT 22 FOF Direct Growth has given 30.77% return, outperforming Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan by 21.46%

Insights icon

In the last 3 years, ICICI Prudential BHARAT 22 FOF Direct Growth has given 36.56% return, outperforming Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan by 16.28% per annum

Insights icon

Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan expense ratio is slightly on the lower side within the category (fund of funds). Its expense ratio is 0.25% which is lower than the category average expense ratio of 1.26%

Insights icon

Over the last 3 months, Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan has experienced a 7.5% growth in AUM moving from 153.74 Cr to 165.31 Cr

About the Fund

Nippon India Nifty Next 50 Junior BeES FoF Direct Growth is a hybrid fund. This fund was started on 8 March, 2019. The fund is managed by Mehul Dama. This fund gives you the benefit of diversification.

Key Parameters

  1. Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan has a NAV of ₹15.7 as on 02-06-2023.
  2. Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan has ₹165 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
  3. The fund has an expense ratio 0.3.

Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan Overview

Expense ratio
Expense ratio
0.25%
Benchmark
Benchmark
IISL Nifty Next 50 TR INR
AUM
AUM
₹165 Cr
Inception Date
Inception Date
8 March, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
12.54%

Fund Distribution as on (30-Apr-23)

  • Equity 99.7%

  • Debt & Cash 0.3%

Size breakup

Large cap
91.8%
Mid cap
7.9%

Sector Allocation

Apr'23

Mar'23

Feb'23

Basic Materials

20.4%

Financial Services

17.6%

Consumer Defensive

16.7%

Industrial

16.4%

Utilities

8.3%

Consumer Cyclical

6.5%

Tech

4.1%

Communication

3.9%

Energy

2.7%

Real Estate

2.1%

Health

1.3%

Top Holdings of Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan as on (31-May-23)

  • Equity

Equity Holdings1

Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan: Monthly Changes Updates

All changes are between Feb'23 and Apr'23

Fund Performance

Apr'23
Mar'23
Feb'23
Fund Returns
-4.86%
-4.86%
-4.86%
Fund of Funds Index
-0.22%
-0.22%
-0.22%
  • This fund’s returns stands at -4.86% whereas the fund’s underlying benchmark Fund of Funds Index returns stands at -0.22% as on Apr'23
  • This fund underperformed Fund of Funds Index by 4.64% in Apr'23

AUM Change

Parameters
Apr'23
Mar'23
Feb'23
AUM
₹ 165.3 Cr
₹ 156.8 Cr
₹ 148.8 Cr
  • AUM of the fund stands at 165.3 Cr as of Apr'23
  • AUM increased by 8.5 Cr between Apr'23 and Mar'23

Fund Portfolio Changes

Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan Fund Manager

Mehul Dama

Mehul Dama

Fund Manager of Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan, since 8 March 2019

Fund 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 11.26% since inception which is more than its category average return of 8.61%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.74% in Equity, 0% in Debt and 0.26% in Cash related instruments
AUM size ₹165 Cr

AUM size ₹165 Cr

This fund has AUM of ₹165 Cr which is less than its category average of ₹ 558 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.78%

Frequently Asked Questions

The current NAV of Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan is ₹15.71 as on 02-Jun-2023.
Existing (Absolute + CAGR) as on 02-Jun-2023.
Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan
Absolute Returns
CAGR Returns
1 Month Returns
6.62%
6.62%
6 Month Returns
-3.47%
-3.47%
1 Year Returns
9.31%
9.31%
3 Years Returns
74.01%
20.28%
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.
0.25% as on May 2023
₹165 Cr as on May 2023
Basic Materials(20.18%), Financial Services(18.07%), Industrial(16.5%) as on January 1
Mehul Dama is the fund manager of Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan
The Exit load of Nippon India Nifty Next 50 Junior Bees Fof - Direct Growth Plan is 0%