Nippon India US Equity Opportunities Fund Direct Growth

Nippon India US Equity Opportunities Fund Direct Growth

Compare
Equity
Direct
Global - Other
NAV: ₹ 33.19 as on 15-04-2024
Fund Performance
zero opening, trading, fund transfer fee
3312 people have invested ₹ 53.4L in Nippon India US Equity Opportunities Fund Direct Growth in the last three months

Mutual Fund Insights

Insights icon
In the last 3 years, Kotak NASDAQ 100 Fund of Fund Direct Growth has given 12.91% return, outperforming this fund by 4.96% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 22.2% growth in AUM moving from 572.4 Cr to 699.23 Cr.
Insights icon
Over the last 15 months, this fund has increased expense ratio by 4.9% moving from 1.23 to 1.29.
Insights icon
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 22.39% return, outperforming this fund by 6.4% per annum.
Insights icon
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 95.4% return, outperforming this fund by 61.8%.

INDmoney Rank of Nippon India US Equity Opportunities Fund Direct Growth

Powered by IND quant engine
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

  1. 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.
  2. The fund has an expense ratio 1.3.

Nippon India US Equity Opportunities Fund Direct Growth Overview

Expense ratio
Expense ratio
1.29%
Benchmark
Benchmark
S&P 500 TR USD
AUM
AUM
₹699 Cr
Inception Date
Inception Date
23 July, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
27.41%

Nippon India US Equity Opportunities Fund Direct Growth Distribution as on (31-Mar-24)

  • Equity 96.2%

  • Debt & Cash 3.8%

Size breakup

Large cap
82.3%
Mid cap
13.9%
Sector Allocation

Mar'24

Feb'24

Jan'24

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

Equity Holdings26
Holdings
Weight%
1M Change
Microsoft Corp
Microsoft Corp
7.68%
0%
Alphabet Inc Class A
Alphabet Inc Class A
7.31%
0%
Amazon.com Inc
Amazon.com Inc
6.8%
0%
Meta Platforms Inc Class A
Meta Platforms Inc Class A
6.72%
0%
Mastercard Inc Class A
Mastercard Inc Class A
5.94%
0%

Nippon India US Equity Opportunities Fund Direct Growth Fund Manager

Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India US Equity Opportunities Fund Direct Growth, since 25 May 2018

Nippon India US Equity Opportunities 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 14.73% since inception which is more than its category average return of 6.74%
Fund Allocations

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

AUM size ₹699 Cr

This fund has AUM of ₹699 Cr which is more than its category average of ₹ 494 Cr
Expense Ratio 1.29%

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 ₹33.19 as on 15-Apr-2024.
Existing (Absolute + CAGR) as on 15-Apr-2024.
Nippon India US Equity Opportunities Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.24%
-0.24%
6 Month Returns
19.73%
19.73%
1 Year Returns
33.6%
33.6%
3 Years Returns
25.8%
7.95%
5 Years Returns
110.01%
16%
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.
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%