Nippon India US Equity Opportunities Fund Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 33.28 as on 23-04-2024
Fund Performance
3049 people have invested ₹ 51.1L in Nippon India US Equity Opportunities Fund Direct Growth in the last three months
Mutual Fund Insights
Over the last 15 months, this fund has increased expense ratio by 4.9% moving from 1.23 to 1.29.
In the last 3 years, Kotak NASDAQ 100 Fund of Fund Direct Growth has given 11.95% return, outperforming this fund by 3.99% per annum.
Over the last 6 months, this fund has experienced a 22.2% growth in AUM moving from 572.4 Cr to 699.23 Cr.
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 21.38% return, outperforming this fund by 5.63% per annum.
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 90.95% return, outperforming this fund by 56.32%.
INDmoney Rank of Nippon India US Equity Opportunities Fund Direct Growth
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IND ranking is not available for this fund.
Pros
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Nippon India US Equity Opportunities Fund Direct Growth
Nippon India US Equity Opportunities Fund Direct Growth is an equity fund. This fund was started on 23 July, 2015. The fund is managed by Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India US Equity Opportunities Fund Direct Growth has ₹699 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.3.
Nippon India US Equity Opportunities Fund Direct Growth Overview
 | 1.29% |
 Benchmark | S&P 500 TR USD |
 | ₹699 Cr |
 | 23 July, 2015 |
 | --/-- |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 27.41% |
Nippon India US Equity Opportunities Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
82.3%
Mid cap
13.9%
Sector Allocation
Tech
25.4%
Health
19.9%
Consumer Cyclical
18.4%
Communication
17.8%
Financial Services
14.8%
Basic Materials
3.6%
Top Holdings of Nippon India US Equity Opportunities Fund Direct Growth as on (31-Mar-24)
Equity Holdings26
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Microsoft Corp | 7.68% | 0% | |
Alphabet Inc Class A | 7.31% | 0% | |
Amazon.com Inc | 6.8% | 0% | |
Meta Platforms Inc Class A | 6.72% | 0% | |
Mastercard Inc Class A | 5.94% | 0% |
See all
Peer Analysis
Nippon India US Equity Opportunities Fund Direct Growth Fund Manager
Kinjal Desai
Fund Manager of Nippon India US Equity Opportunities Fund Direct Growth, since 25 May 2018
Top funds managed
Nippon India US Equity Opportunities Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.73% since inception which is more than its category average return of 6.6%
Fund Allocations
This fund has an allocation of 96.22% in Equity, 0% in Debt and 3.78% in Cash related instruments
AUM size ₹699 Cr
This fund has AUM of ₹699 Cr which is more than its category average of ₹ 511 Cr
Expense Ratio 1.29%
This fund has an expense ratio of 1.29% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Nippon India US Equity Opportunities Fund Direct Growth is ₹33.28 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Nippon India US Equity Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.12% | -3.12% |
6 Month Returns | 24.35% | 24.35% |
1 Year Returns | 34.63% | 34.63% |
3 Years Returns | 25.82% | 7.96% |
5 Years Returns | 107.71% | 15.74% |
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1.29% as on March 2024
₹699 Cr as on March 2024
Microsoft Corp(7.68%), Alphabet Inc Class A(7.31%), Amazon.com Inc(6.8%), Meta Platforms Inc Class A(6.72%), Mastercard Inc Class A(5.94%) as on March 2024
Tech(24.48%), Health(19.12%), Consumer Cyclical(17.71%) as on March 2024
The alpha ratio for the Nippon India US Equity Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 6.02 | -3.9 | -2.09 |
As on March 2024
The alpha for Nippon India US Equity Opportunities Fund Direct Growth is calculated against S&P 500 TR USD. 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 US Equity Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 1.01 | 0.99 | 1.03 |
As on March 2024
The Beta for Nippon India US Equity Opportunities Fund Direct Growth is calculated with S&P 500 TR USD. 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 US Equity Opportunities 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 US Equity Opportunities Fund Direct Growth | 2.11 | 0.44 | 0.7 |
As on March 2024
The sharpe ratio for Nippon India US Equity Opportunities Fund Direct Growth is calculated with S&P 500 TR USD. 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 US Equity Opportunities 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 US Equity Opportunities Fund Direct Growth | 13.35 | 17.01 | 17.86 |
As on March 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 0.67 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Kinjal Desai is the fund manager of Nippon India US Equity Opportunities Fund Direct Growth
The Exit load of Nippon India US Equity Opportunities Fund Direct Growth is 1%