Nippon India Small Cap Fund Direct Growth

Equity
Direct
Small-Cap
Nippon India Small Cap Fund Direct Growth

About the Fund

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 ₹56469 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Nippon India Small Cap Fund Direct Growth has given a CAGR return of 28.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 56.99%, 33.02% and 37.08% respectively.

Holdings

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

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.

Fund Performance
zero opening, trading, fund transfer fee
166379 people have invested ₹ 55.8Cr in Nippon India Small Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
1
/17
79% Performance
54% Risk Management
75% Cost
1 out of 17 among small-cap
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Generated Consistent Returns
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Consistently beats benchmark
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Lower probablity of downside risk
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No bad points found for this fund.

Fund Overview

Expense ratio0.64%
Benchmark
S&P BSE Smallcap TR INR
AUM₹56469 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
23.53%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 95.9%

  • Debt & Cash 4.2%

Small cap
70.3%

Mid cap
13.9%

Large cap
10%

Sector Allocation

Jun'24

May'24

Apr'24

Industrial
33.1%
Financial Services
14.1%
Consumer Cyclical
12.6%
Basic Materials
11.3%
Tech
10.4%
Consumer Defensive
7.1%
Health
7%
Communication
1.6%
Utilities
1.4%
Energy
1%
Real Estate
0.4%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Tejas Sheth
Tejas Sheth
Fund Manager of Nippon India Small Cap Fund Direct Growth, since 1 February 2023
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
33.02%
25.45%
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Small Cap Fund Direct Growth, since 25 May 2018

Mutual Fund Insights

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In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 74.87% return, outperforming this fund by 17.88%.
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This fund has one of the lowest expense ratio in the category (small-cap). Its expense ratio is 0.64% which is lower than the category average expense ratio of 1.14%.
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Over the last 6 months, this fund has experienced a 28.9% growth in AUM moving from 43.81K Cr to 56.46K Cr.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 45.92% return, outperforming this fund by 8.84% per annum.
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Over the last 3 months, this fund has decreased expense ratio by 19.0% moving from 0.79 to 0.64.
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In the last 3 years, this fund has outperformed all funds in its category.

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 28.28% since inception which is more than its category average return of 21.53%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.85% in Equity, 0% in Debt and 4.15% in Cash related instruments
AUM size ₹56469 Cr

AUM size ₹56469 Cr

This fund has AUM of ₹56469 Cr which is more than its category average of ₹ 7573 Cr
Expense Ratio 0.64%

Expense Ratio 0.64%

This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.22%

Frequently Asked Questions

The current NAV of Nippon India Small Cap Fund Direct Growth is ₹190.8 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
Nippon India Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.31%
3.31%
6 Month Returns
26.09%
26.09%
1 Year Returns
56.99%
56.99%
3 Years Returns
135.4%
33.02%
5 Years Returns
384.09%
37.08%
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.
0.64% as on June 2024
₹56469 Cr as on June 2024
HDFC Bank Ltd(1.98%), Tube Investments of India Ltd Ordinary Shares(1.89%), Kirloskar Brothers Ltd(1.65%), Voltamp Transformers Ltd(1.55%), Apar Industries Ltd(1.45%) as on June 2024
Industrial(31.72%), Financial Services(13.55%), Consumer Cyclical(12.12%) as on June 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
7.93
9.45
7.11
As on June 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
0.72
0.77
0.88
As on June 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
2.96
1.72
1.2
As on June 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
13.45
14.78
23.43
As on June 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 3.71 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.16 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Tejas Sheth, Samir Rachh, Kinjal Desai 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%