Nippon India Quant Fund - Direct Plan - Growth Plan

Nippon India Quant Fund - Direct Plan - Growth Plan

Compare
Equity
Direct
Equity - Other
NAV: ₹ 65.5 as on 22-02-2024
Fund Performance
zero opening, trading, fund transfer fee
120 people have invested ₹ 11.6L in Nippon India Quant Fund - Direct Plan - Growth Plan in the last three months

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (equity - other). Its expense ratio is 0.51% which is lower than the category average expense ratio of 1.14%.
Insights icon
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 30.88% return, outperforming this fund by 9.9% per annum.
Insights icon
In the last 1 year, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 99.25% return, outperforming this fund by 55.91%.
Insights icon
Over the last 3 months, this fund has experienced a 27.8% growth in AUM moving from 42.19 Cr to 53.91 Cr.
Insights icon
In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 44.07% return, outperforming this fund by 21.02% per annum.

INDmoney Rank of Nippon India Quant Fund - Direct Plan - Growth Plan

Powered by IND quant engine
IND ranking is not available for this fund.

Pros

Beats FD returns for both 3Y & 5Y duration

Cons

No bad points found for this fund.

About the Nippon India Quant Fund - Direct Plan - Growth Plan

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

Key Parameters

  1. Nippon India Quant Fund - Direct Plan - Growth Plan has ₹54 Cr worth of assets under management (AUM) as on Jan 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Nippon India Quant Fund - Direct Plan - Growth Plan Overview

Expense ratio
Expense ratio
0.51%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹54 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
120.9%

Nippon India Quant Fund - Direct Plan - Growth Plan Distribution as on (31-Jan-24)

  • Equity 99.1%

  • Debt & Cash 0.9%

Size breakup

Large cap
79.1%
Mid cap
20%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
31.9%
Consumer Cyclical
13%
Tech
10.9%
Industrial
10%
Energy
9.2%
Consumer Defensive
9%
Utilities
5.6%
Basic Materials
4.5%
Health
4.2%
Real Estate
1.7%

Top Holdings of Nippon India Quant Fund - Direct Plan - Growth Plan as on (31-Jan-24)

  • Equity

Equity Holdings35

Nippon India Quant Fund - Direct Plan - Growth Plan: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
2.85%
9.42%
8.26%
Nifty 500
1.71%
7.25%
7.50%
  • This fund’s returns stands at 2.85% whereas the fund’s underlying benchmark Nifty 500 returns stands at 1.71% as on Jan'24
  • This fund outperformed Nifty 500 by 1.14% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 53.9 Cr
₹ 51.8 Cr
₹ 45.9 Cr
  • AUM of the fund stands at 53.9 Cr as of Jan'24
  • AUM increased by 2.1 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in Nippon India Quant Fund - Direct Plan - Growth Plan portfolio Returns for the month of Jan

Nippon India Quant Fund - Direct Plan - Growth Plan Fund Manager

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

Nippon India Quant Fund - Direct Plan - Growth 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 14.51% since inception which is less than its category average return of 21.97%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.12% in Equity, 0% in Debt and 0.88% in Cash related instruments
AUM size ₹54 Cr

AUM size ₹54 Cr

This fund has AUM of ₹54 Cr which is less than its category average of ₹ 1689 Cr
Expense Ratio 0.51%

Expense Ratio 0.51%

This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of Nippon India Quant Fund - Direct Plan - Growth Plan is ₹65.45 as on 22-Feb-2024.
Existing (Absolute + CAGR) as on 22-Feb-2024.
Nippon India Quant Fund - Direct Plan - Growth Plan
Absolute Returns
CAGR Returns
1 Month Returns
3.59%
3.59%
6 Month Returns
25.4%
25.4%
1 Year Returns
42.02%
42.02%
3 Years Returns
84.56%
22.66%
5 Years Returns
155.97%
20.68%
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.
0.51% as on January 2024
₹54 Cr as on January 2024
HDFC Bank Ltd(7.33%), ICICI Bank Ltd(6.65%), Larsen & Toubro Ltd(4.84%), Reliance Industries Ltd(4.66%), Tata Consultancy Services Ltd(4.24%) as on January 2024
Financial Services(31.66%), Consumer Cyclical(12.88%), Tech(10.85%) as on January 2024
The alpha ratio for the Nippon India Quant Fund - Direct Plan - Growth Plan for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Quant Fund - Direct Plan - Growth Plan
7.96
5.53
3.42
As on January 2024
The alpha for Nippon India Quant Fund - Direct Plan - Growth Plan is calculated against S&P BSE 200 India 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 Quant Fund - Direct Plan - Growth Plan for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Quant Fund - Direct Plan - Growth Plan
1.02
0.96
0.85
As on January 2024
The Beta for Nippon India Quant Fund - Direct Plan - Growth Plan is calculated with S&P BSE 200 India 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 Quant Fund - Direct Plan - Growth 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 - Growth Plan
2.28
1.42
0.88
As on January 2024
The sharpe ratio for Nippon India Quant Fund - Direct Plan - Growth Plan is calculated with S&P BSE 200 India 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 Quant Fund - Direct Plan - Growth 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 - Growth Plan
12.89
13.83
16.81
As on January 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 3.04 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.41 as on January 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Ashutosh Bhargava are the fund managers of Nippon India Quant Fund - Direct Plan - Growth Plan
The Exit load of Nippon India Quant Fund - Direct Plan - Growth Plan is 0.25%