Nippon India Quant Fund - Direct Plan - Bonus Plan

Equity
Direct
Equity - Other
Nippon India Quant Fund - Direct Plan - Bonus Plan

About the Fund

Nippon India Quant Fund - Direct Plan - Bonus Plan is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ashutosh Bhargava, Kinjal Desai. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India Quant Fund - Direct Plan - Bonus Plan has ₹65 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Nippon India Quant Fund - Direct Plan - Bonus Plan has given a CAGR return of 15.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.42%, 23.27% and 21.65% respectively.

Holdings

Nippon India Quant Fund - Direct Plan - Bonus Plan has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Consumer Defensive, Energy, Tech, Utilities, Health, Basic Materials, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Larsen & Toubro Ltd, Tata Consultancy Services Ltd, State Bank of India

Taxation

As it is a equity - other 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Nippon India Quant Fund - Direct Plan - Bonus Plan

The investment objective of the Scheme is to generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected on the basis of a Quant model. There is 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 5000.00 and for SIP is INR 0.00. Nippon India Quant Fund - Direct Plan - Bonus Plan has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.5%
Benchmark
S&P BSE 200 India INR
AUM₹65 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/--
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
120.9%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 96.1%

  • Debt & Cash 3.9%

Large cap
80.4%

Mid cap
15.8%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
33.3%
Industrial
15.1%
Consumer Cyclical
11.8%
Consumer Defensive
9.6%
Energy
9.1%
Tech
6.3%
Utilities
5.6%
Health
3.6%
Basic Materials
3.5%
Real Estate
2.2%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Hindustan Aeronautics Ltd
Hindustan Aeronautics Ltd
5.1%

Ashutosh Bhargava
Ashutosh Bhargava
Fund Manager of Nippon India Quant Fund - Direct Plan - Bonus Plan, since 16 September 2017
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Quant Fund - Direct Plan - Bonus Plan, since 25 May 2018

Nippon India Quant Fund - Direct Plan - Bonus Plan 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 15.02% since inception which is less than its category average return of 25.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.12% in Equity, 0% in Debt and 3.88% in Cash related instruments
AUM size ₹65 Cr

AUM size ₹65 Cr

This fund has AUM of ₹65 Cr which is less than its category average of ₹ 1973 Cr
Expense Ratio 0.5%

Expense Ratio 0.5%

This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of Nippon India Quant Fund - Direct Plan - Bonus Plan is ₹71.71 as on 24-Jun-2024.
Existing (Absolute + CAGR) as on 24-Jun-2024.
Nippon India Quant Fund - Direct Plan - Bonus Plan
Absolute Returns
CAGR Returns
1 Month Returns
3.54%
3.54%
6 Month Returns
18.55%
18.55%
1 Year Returns
43.42%
43.42%
3 Years Returns
87.31%
23.27%
5 Years Returns
166.42%
21.65%
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.
0.5% as on May 2024
₹65 Cr as on May 2024
HDFC Bank Ltd(7.32%), ICICI Bank Ltd(7.17%), Larsen & Toubro Ltd(4.86%), Tata Consultancy Services Ltd(4.36%), State Bank of India(4.1%) as on May 2024
Financial Services(32.02%), Industrial(14.54%), Consumer Cyclical(11.36%) as on May 2024
The alpha ratio for the Nippon India Quant Fund - Direct Plan - Bonus Plan for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Quant Fund - Direct Plan - Bonus Plan
6.41
5.88
4.97
As on May 2024
The alpha for Nippon India Quant Fund - Direct Plan - Bonus Plan is calculated against S&P BSE 200 India 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 Quant Fund - Direct Plan - Bonus Plan for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Quant Fund - Direct Plan - Bonus Plan
1.14
0.96
0.86
As on May 2024
The Beta for Nippon India Quant Fund - Direct Plan - Bonus Plan is calculated with S&P BSE 200 India 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 Quant Fund - Direct Plan - Bonus Plan for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Nippon India Quant Fund - Direct Plan - Bonus Plan
2.44
1.2
0.89
As on May 2024
The sharpe ratio for Nippon India Quant Fund - Direct Plan - Bonus Plan is calculated with S&P BSE 200 India 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 Quant Fund - Direct Plan - Bonus Plan for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Nippon India Quant Fund - Direct Plan - Bonus Plan
12.34
13.03
16.77
As on May 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.
Sortino ratio is 2.4 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.61 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ashutosh Bhargava, Kinjal Desai are the fund managers of Nippon India Quant Fund - Direct Plan - Bonus Plan
The Exit load of Nippon India Quant Fund - Direct Plan - Bonus Plan is 0.25%