Nippon India US Equity Opportunities Fund Direct Growth
About the Fund
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 ₹688 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 1.3.
Returns
Nippon India US Equity Opportunities Fund Direct Growth has given a CAGR return of 14.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.65%, 7.20% and 14.95% respectively.
Holdings
Nippon India US Equity Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Health, Financial Services, Basic Materials. Its top holdings are Alphabet Inc Class A, Microsoft Corp, Amazon.com Inc, Meta Platforms Inc Class A, Taiwan Semiconductor Manufacturing Co Ltd ADR
Taxation
As it is a global - other 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Nippon India US Equity Opportunities Fund Direct Growth
The primary investment objective of Nippon India US Equity Opportunities Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on recognized stock exchanges in the US and the secondary objective is to generate consistent returns by investing in debt and money market securities in India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India US Equity Opportunities Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 1.26% |
Benchmark | S&P 500 TR USD |
| AUM | ₹688 Cr |
| Inception Date | 23 July, 2015 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 27.41% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Alphabet Inc Class A | 8.98% | 0% | |
Microsoft Corp | 8.3% | 0% | |
Amazon.com Inc | 7.42% | 0% | |
Meta Platforms Inc Class A | 7.1% | 0% | |
Taiwan Semiconductor Manufacturing Co Ltd ADR | 6.28% | 0% |
Mutual Fund Insights
Nippon India US Equity Opportunities Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹688 Cr
Expense Ratio 1.26%
Frequently Asked Questions
Nippon India US Equity Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.15% | -3.15% |
6 Month Returns | 7.6% | 7.6% |
1 Year Returns | 19.65% | 19.65% |
3 Years Returns | 23.19% | 7.2% |
5 Years Returns | 100.71% | 14.95% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 0.04 | -4.2 | -3.1 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 1.01 | 0.97 | 1.04 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 1.21 | 0.28 | 0.65 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India US Equity Opportunities Fund Direct Growth | 15.01 | 16.81 | 17.85 |