Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl

Hybrid
Direct
Fund Of Funds
Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl has ₹403 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 20.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 64.25%, 23.71% and 22.43% respectively.

Holdings

Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Consumer Defensive, Utilities, Energy, Real Estate, Health, Communication.

Taxation

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl

The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Nippon India ETF Nifty Next 50 Junior BeES by investing in units of Nippon India ETF Nifty Next 50 Junior BeES. 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 100.00 and for SIP is INR 100.00. Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
82 people have invested ₹ 1L in Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.26%
Benchmark
IISL Nifty Next 50 TR INR
AUM₹403 Cr
Inception Date8 March, 2019
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
7.86%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 100%

  • Debt & Cash 0%

Large cap
90.1%

Mid cap
9.8%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
23.8%
Industrial
19.3%
Basic Materials
13.2%
Consumer Cyclical
12.1%
Consumer Defensive
11.1%
Utilities
9.5%
Energy
3.2%
Real Estate
3%
Health
2.5%
Communication
2.4%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Equity

Mehul Dama
Mehul Dama
Fund Manager of Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl, since 8 March 2019

Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl 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 20.41% since inception which is more than its category average return of 12.31%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.97% in Equity, 0% in Debt and 0.03% in Cash related instruments
AUM size ₹403 Cr

AUM size ₹403 Cr

This fund has AUM of ₹403 Cr which is less than its category average of ₹ 665 Cr
Expense Ratio 0.26%

Expense Ratio 0.26%

This fund has an expense ratio of 0.26% which is less than its category average expense ratio of 0.82%

Frequently Asked Questions

The current NAV of Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl is ₹26.71 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.69%
6.69%
6 Month Returns
36.79%
36.79%
1 Year Returns
64.25%
64.25%
3 Years Returns
89.35%
23.71%
5 Years Returns
175.05%
22.43%
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.
0.26% as on May 2024
₹403 Cr as on May 2024
Financial Services(23.77%), Industrial(19.27%), Basic Materials(13.16%) as on May 2024
Mehul Dama is the fund manager of Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Nifty Next 50 Junior BeES FoF Direct Reinvestment Inc Dist cum Cap Wdrl is 0%