Nippon India Small Cap Fund Direct Growth

Nippon India Small Cap Fund Direct Growth

Equity

Direct

Small-Cap

NAV as on 05-12-2024

₹ 200.68

0.4%

1D

Inception Returns

27.5%

/yr

About Nippon India Small Cap Fund Direct Growth

Nippon India Small Cap Fund - Direct Plan - Growth Plan is an equity mutual fund that aims to generate long-term capital appreciation by investing predominantly in small-cap companies. The fund's key features include a diversified portfolio of small-cap stocks that have the potential to become tomorrow's blue-chip companies, a seasoned fund management team with a proven track record, and a high-risk-high-return investment strategy that targets long-term growth.

The fund managers follow a bottom-up approach to stock selection, focusing on identifying companies with strong growth prospects, quality management, and a sustainable business model. The portfolio is well-diversified across sectors and stocks, reducing the risk associated with investing in small-cap companies.

Nippon India Small Cap Fund - Direct Plan - Growth Plan is suitable for investors who have a higher risk appetite, a long-term investment horizon, and are seeking exposure to high-potential small-cap companies in India.

Key Parameters

  1. Nippon India Small Cap Fund Direct Growth has ₹61027 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Nippon India Small Cap Fund Direct Growth has given a CAGR return of 27.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.53%, 30.27% and 37.51% respectively.

Holdings

Nippon India Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Consumer Cyclical, Tech, Consumer Defensive, Health, Communication, Utilities, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, Multi Commodity Exchange of India Ltd, Kirloskar Brothers Ltd, Apar Industries Ltd, Tube Investments of India Ltd Ordinary Shares

Taxation

As it is a small-cap 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 Small Cap Fund Direct Growth

The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Small Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
212709 people have invested ₹ 76Cr in Nippon India Small Cap Fund Direct Growth in the last three months

INDmoney Rank for Nippon India Small Cap Fund Direct Growth

Powered by IND quant engine
2
/18
75% Performance
54% Risk Management
71% Cost
2 out of 18 among small-cap
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Lower probablity of downside risk
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Larger AUM within category
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5Y returns in the top 25% of the category
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No bad points found for this fund.

Nippon India Small Cap Fund Direct Growth Overview

Expense ratio0.68%
Benchmark
S&P BSE Smallcap TR INR
AUM₹61027 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
22.08%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (05-Dec-24)

Period
Nippon India Small Cap Fund Direct Growth
Nifty Smallcap 250
small-cap
1M
2.2%
3%
2.9%
3M
-0.4%
-1.4%
0.5%
6M
21.2%
19.5%
23.2%
1Y
35.5%
34.9%
33%
3Y
30.3%
24.2%
24.1%
5Y
37.5%
30.7%
32.6%

Fund Distribution

as on (31-Oct-24)

  • Equity 94.8%

  • Debt & Cash 5.2%

Small cap
68.4%

Mid cap
12.6%

Large cap
11.9%

Sector Allocation

Oct'24

Sep'24

Aug'24

Industrial
28.2%
Financial Services
14.2%
Basic Materials
13.4%
Consumer Cyclical
12.8%
Tech
9.7%
Consumer Defensive
8.6%
Health
7.6%
Communication
2%
Utilities
1.9%
Energy
0.9%
Real Estate
0.6%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-2.92%
1.21%
0.08%
Nifty Smallcap 250
-4.21%
1.39%
1.94%
  • This fund’s returns stands at -2.92% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -4.21% as on Oct'24
  • This fund outperformed Nifty Smallcap 250 by 1.29% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 62.3K Cr
₹ 62.3K Cr
₹ 60.4K Cr
  • AUM of the fund stands at 62.3K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
Multi Commodity Exchange of India Ltd's allocation increased from 1.68% to 1.98%
Multi Commodity Exchange of India Ltd's allocation increased from 1.68% to 1.98%
Kirloskar Pneumatic Co Ltd's allocation increased from 0.88% to 1.12%
Kirloskar Pneumatic Co Ltd's allocation increased from 0.88% to 1.12%
Persistent Systems Ltd's allocation increased from 0.28% to 0.48%
Persistent Systems Ltd's allocation increased from 0.28% to 0.48%
Top Stocks sold last month
Voltamp Transformers Ltd's allocation decreased from 1.38 % to 1.22 %
Voltamp Transformers Ltd's allocation decreased from 1.38 % to 1.22 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 1.18 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 1.18 %
NLC India Ltd's allocation decreased from 1.23 % to 1.15 %
NLC India Ltd's allocation decreased from 1.23 % to 1.15 %
Mid Cap allocation has gone down from 12.9% to 12.6%
Mid Cap allocation has gone down from 12.9% to 12.6%
Large Cap allocation has gone down from 12.4% to 11.9%
Large Cap allocation has gone down from 12.4% to 11.9%
Small Cap allocation has gone down from 68.7% to 68.4%
Small Cap allocation has gone down from 68.7% to 68.4%
Cash allocation has gone up from 4% to 5.2%
Cash allocation has gone up from 4% to 5.2%

Top 3 Sectors in October were Industrial, Financial Services & Basic Materials

Oct'24
Industrial
28%
Financial Services
14%
Basic Materials
13%
Sep'24
Industrial
29%
Financial Services
14%
Basic Materials
13%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
224
222
218
Top 5 Company Concentration
8.6%
8%
7.9%
Company having highest exposure
Multi Commodity Exchange of India Ltd (2%)
HDFC Bank Ltd (1.9%)
HDFC Bank Ltd (1.8%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
78.3%
78.1%
78.7%
Sector having highest exposure
Industrial (28.2%)
Industrial (28.5%)
Industrial (29.7%)
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Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Small Cap Fund Direct Growth, since 25 May 2018
Samir Rachh
Samir Rachh
Fund Manager of Nippon India Small Cap Fund Direct Growth, since 2 January 2017
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Small Cap Fund - Direct Plan - Growth Plan
30.27%
24.15%
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.29L Cr
as on 31-Oct-2024
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in

Mutual Fund Insights

Insights icon
This fund with AUM at ₹61027.03Cr is among the largest funds in the small-cap category.
Insights icon
Over the last 1 month, this fund has increased expense ratio by 4.6% moving from 0.65 to 0.68.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 48.47% return, outperforming this fund by 10.96% per annum.
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In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 31.89% return, outperforming this fund by 1.61% per annum.
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In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 56.7% return, outperforming this fund by 21.17%.
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Over the last 6 months, this fund has experienced a 21.0% growth in AUM moving from 50.42K Cr to 61.02K Cr.
Insights icon
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.68% which is lower than the category average expense ratio of 1.15%.

Nippon India Small Cap Fund Direct Growth 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 27.54% since inception which is more than its category average return of 21.33%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.82% in Equity, 0% in Debt and 5.18% in Cash related instruments
AUM size ₹61027 Cr

AUM size ₹61027 Cr

This fund has AUM of ₹61027 Cr which is more than its category average of ₹ 8059 Cr
Expense Ratio 0.68%

Expense Ratio 0.68%

This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.19%

Frequently Asked Questions for Nippon India Small Cap Fund Direct Growth

The current NAV of Nippon India Small Cap Fund Direct Growth is ₹200.68 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
Nippon India Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.17%
2.17%
6 Month Returns
21.16%
21.16%
1 Year Returns
35.53%
35.53%
3 Years Returns
121.08%
30.27%
5 Years Returns
391.7%
37.51%
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0.68% as on November 2024
₹61027 Cr as on November 2024
HDFC Bank Ltd(1.94%), Multi Commodity Exchange of India Ltd(1.86%), Kirloskar Brothers Ltd(1.65%), Apar Industries Ltd(1.47%), Tube Investments of India Ltd Ordinary Shares(1.46%) as on November 2024
Industrial(26.73%), Financial Services(13.51%), Basic Materials(12.68%) as on November 2024
The alpha ratio for the Nippon India Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Small Cap Fund Direct Growth
6.08
7.41
6.88
As on November 2024
The alpha for Nippon India Small Cap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Small Cap Fund Direct Growth
0.76
0.8
0.88
As on November 2024
The Beta for Nippon India Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Nippon India Small Cap Fund Direct Growth
1.78
1.46
1.28
As on November 2024
The sharpe ratio for Nippon India Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Nippon India Small Cap Fund Direct Growth
13.89
14.96
22.82
As on November 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 November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Samir Rachh are the fund managers of Nippon India Small Cap Fund Direct Growth
The Exit load of Nippon India Small Cap Fund Direct Growth is 1%