Equity
Direct
Sector - Healthcare
NAV as on 06-11-2024
₹ 572.46
▲1%
1D
Inception Returns
19.4%
/yr
Nippon India Pharma Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sailesh Raj Bhan, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Nippon India Pharma Fund Direct Growth has given a CAGR return of 19.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.16%, 20.89% and 29.47% respectively.
Nippon India Pharma Fund Direct Growth has allocated its funds majorly in Health, Cash Equivalent. Its top holdings are Sun Pharmaceuticals Industries Ltd, Divi's Laboratories Ltd, Lupin Ltd, Cipla Ltd, Dr Reddy's Laboratories Ltd
As it is a sector - healthcare 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.
The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity related or fixed income securities of Pharma and other associated companies.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Pharma Fund Direct Growth has no lock in period.
Expense ratio | 0.91% |
Benchmark | S&P BSE Healthcare PR |
AUM | ₹8769 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 16.09% |
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 |
as on (06-Nov-24)
as on (30-Sep-24)
Top Sector in September was Health
Nippon India Pharma Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.13% | 0.13% |
6 Month Returns | 20.15% | 20.15% |
1 Year Returns | 49.16% | 49.16% |
3 Years Returns | 76.66% | 20.89% |
5 Years Returns | 263.81% | 29.47% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Pharma Fund Direct Growth | -2.6 | 0.59 | 2.62 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Pharma Fund Direct Growth | 0.91 | 0.92 | 0.92 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Pharma Fund Direct Growth | 2.69 | 0.95 | 1.22 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Pharma Fund Direct Growth | 13.73 | 15.09 | 18.45 |