Nippon India US Equity Opportunities Fund Direct Growth

Nippon India US Equity Opportunities Fund Direct Growth

Equity

Direct

Global - Other

NAV as on 10-12-2024

₹ 39

0.9%

1D

Inception Returns

15.6%

/yr

About 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 ₹719 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 1.3.

Returns

Nippon India US Equity Opportunities Fund Direct Growth has given a CAGR return of 15.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.20%, 11.42% and 16.97% respectively.

Holdings

Nippon India US Equity Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Communication, Financial Services, Health, Basic Materials, Consumer Defensive. Its top holdings are Amazon.com Inc, Booking Holdings Inc, Taiwan Semiconductor Manufacturing Co Ltd ADR, Meta Platforms Inc Class A, Alphabet Inc Class A

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 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 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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1462 people have invested ₹ 29L in Nippon India US Equity Opportunities Fund Direct Growth in the last three months

INDmoney Rank for Nippon India US Equity Opportunities Fund Direct Growth

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Nippon India US Equity Opportunities Fund Direct Growth Overview

Expense ratio1.3%
Benchmark
S&P 500 TR USD
AUM₹719 Cr
Inception Date23 July, 2015
Min Lumpsum/SIP--/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
14.78%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (10-Dec-24)

Period
Nippon India US Equity Opportunities Fund Direct Growth
Global - Other Index
1M
3.1%
-
3M
12.3%
-
6M
13.8%
-
1Y
31.2%
-
3Y
11.4%
-
5Y
17%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 97.4%

  • Debt & Cash 2.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Tech
28.6%
Consumer Cyclical
21.4%
Communication
15.1%
Health
14.7%
Financial Services
13.9%
Basic Materials
3.9%
Consumer Defensive
2.4%
  • Equity

Holdings
Weight%
1M Change
Amazon.com Inc
Amazon.com Inc
7.41%
-8.2%
Booking Holdings Inc
Booking Holdings Inc
7.11%
-11.4%
Taiwan Semiconductor Manufacturing Co Ltd ADR
Taiwan Semiconductor Manufacturing Co Ltd ADR
6.46%
0%
Meta Platforms Inc Class A
Meta Platforms Inc Class A
5.78%
-8.1%
Alphabet Inc Class A
Alphabet Inc Class A
5.54%
-9.6%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
30
28
28
Top 5 Company Concentration
32.7%
33.7%
32.8%
Company having highest exposure
Taiwan Semiconductor Manufacturing Co Ltd ADR (7%)
Amazon.com Inc (7.6%)
Amazon.com Inc (7.3%)
No of Sectors
7
6
6
Top 5 Sectors Concentration
93.7%
95.8%
95.9%
Sector having highest exposure
Tech (28.6%)
Tech (26.7%)
Tech (26.6%)
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Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India US Equity Opportunities Fund Direct Growth, since 25 May 2018
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

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Over the last 3 months, this fund has increased expense ratio by 1.6% moving from 1.28 to 1.30.
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In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 31.7% return, outperforming this fund by 20.62% per annum.
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Over the last 1 month, this fund has experienced a 5.9% growth in AUM moving from 679.12 Cr to 719.18 Cr.
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In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 92.34% return, outperforming this fund by 62.26%.
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In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 26.9% return, outperforming this fund by 10.07% per annum.

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 15.6% since inception which is more than its category average return of 9.24%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.41% in Equity, 0% in Debt and 2.59% in Cash related instruments
AUM size ₹719 Cr

AUM size ₹719 Cr

This fund has AUM of ₹719 Cr which is more than its category average of ₹ 531 Cr
Expense Ratio 1.3%

Expense Ratio 1.3%

This fund has an expense ratio of 1.3% which is less than its category average expense ratio of 1.44%

Frequently Asked Questions for Nippon India US Equity Opportunities Fund Direct Growth

The current NAV of Nippon India US Equity Opportunities Fund Direct Growth is ₹39 as on 10-Dec-2024.
Existing (Absolute + CAGR) as on 10-Dec-2024.
Nippon India US Equity Opportunities Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.13%
3.13%
6 Month Returns
13.8%
13.8%
1 Year Returns
31.2%
31.2%
3 Years Returns
38.33%
11.42%
5 Years Returns
119%
16.97%
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1.3% as on November 2024
₹719 Cr as on November 2024
Amazon.com Inc(7.41%), Booking Holdings Inc(7.11%), Taiwan Semiconductor Manufacturing Co Ltd ADR(6.46%), Meta Platforms Inc Class A(5.78%), Alphabet Inc Class A(5.54%) as on November 2024
Tech(27.19%), Consumer Cyclical(21.74%), Communication(14.44%) as on November 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
-5.08
-3.6
-3.47
As on November 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
0.99
1
1.04
As on November 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
1.8
0.39
0.63
As on November 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
10.67
16.85
17.81
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 0.58 as on November 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%