Nippon India Value Fund Direct Growth

Equity
Direct
Value
Nippon India Value Fund Direct Growth

About the Fund

Nippon India Value Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Meenakshi Dawar, Dhrumil Shah, Kinjal Desai. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India Value Fund Direct Growth has ₹7652 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 1.1.

Returns

Nippon India Value Fund Direct Growth has given a CAGR return of 18.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 58.10%, 27.32% and 24.76% respectively.

Holdings

Nippon India Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Energy, Basic Materials, Health, Utilities, Communication, Real Estate, Consumer Defensive. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, NTPC Ltd, Oil & Natural Gas Corp Ltd, Infosys Ltd

Taxation

As it is a value 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 Value Fund Direct Growth

The primary investment objective of this scheme is to seek capital appreciation and/or to generate consistent returns by actively investing in equity/ equity related securities predominantly into value stocks. However there can be no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Nippon India Value Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1765 people have invested ₹ 2.3Cr in Nippon India Value Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
2
/11
93% Performance
46% Risk Management
51% Cost
2 out of 11 among value
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Generated Consistent Returns
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Lower probablity of downside risk
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Outperformed benchmarks during bull run
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Highly volatile within category

Fund Overview

Expense ratio1.14%
Benchmark
S&P BSE 500 India TR INR
AUM₹7652 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
33.66%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 97.1%

  • Debt & Cash 2.7%

Large cap
54.8%

Mid cap
20.6%

Small cap
20.6%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
29%
Industrial
14.5%
Consumer Cyclical
11.2%
Tech
10.1%
Energy
9%
Basic Materials
8%
Health
5.7%
Utilities
5.3%
Communication
3.8%
Real Estate
2.3%
Consumer Defensive
1%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Meenakshi Dawar
Meenakshi Dawar
Fund Manager of Nippon India Value Fund Direct Growth, since 7 May 2018
Dhrumil Shah
Dhrumil Shah
Fund Manager of Nippon India Value Fund Direct Growth, since 1 January 2023
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Value Fund Direct Growth, since 25 May 2018

Mutual Fund Insights

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In the last 1 year, Quant Value Fund Direct Growth has given 74.95% return, outperforming this fund by 16.85%.
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Over the last 1 year, this fund has decreased expense ratio by 8.1% moving from 1.24 to 1.14.
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In the last 5 years, JM Value Fund (Direct) - Growth has given 26.95% return, outperforming this fund by 2.19% per annum.
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This fund expense ratio is slightly on the lower side within the category (value). Its expense ratio is 1.14% which is lower than the category average expense ratio of 1.34%.
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Over the last 6 months, this fund has experienced a 23.6% growth in AUM moving from 6.19K Cr to 7.65K Cr.
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In the last 3 years, JM Value Fund (Direct) - Growth has given 31.58% return, outperforming this fund by 4.26% per annum.

Nippon India Value 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 18.2% since inception which is less than its category average return of 19.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.07% in Equity, 0% in Debt and 2.7% in Cash related instruments
AUM size ₹7652 Cr

AUM size ₹7652 Cr

This fund has AUM of ₹7652 Cr which is more than its category average of ₹ 4889 Cr
Expense Ratio 1.14%

Expense Ratio 1.14%

This fund has an expense ratio of 1.14% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions

The current NAV of Nippon India Value Fund Direct Growth is ₹233.44 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
Nippon India Value Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.63%
5.63%
6 Month Returns
20.99%
20.99%
1 Year Returns
58.1%
58.1%
3 Years Returns
106.38%
27.32%
5 Years Returns
202.27%
24.76%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.14% as on May 2024
₹7652 Cr as on May 2024
HDFC Bank Ltd(5.88%), ICICI Bank Ltd(5.24%), NTPC Ltd(3.25%), Oil & Natural Gas Corp Ltd(3.18%), Infosys Ltd(3.13%) as on May 2024
Financial Services(28.12%), Industrial(14.11%), Consumer Cyclical(10.88%) as on May 2024
The alpha ratio for the Nippon India Value Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Value Fund Direct Growth
10.64
6.19
3.71
As on May 2024
The alpha for Nippon India Value Fund Direct Growth is calculated against S&P BSE 500 India 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 Value Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Value Fund Direct Growth
1.15
1.02
1.04
As on May 2024
The Beta for Nippon India Value Fund Direct Growth is calculated with S&P BSE 500 India 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 Value 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 Value Fund Direct Growth
3.07
1.35
0.87
As on May 2024
The sharpe ratio for Nippon India Value Fund Direct Growth is calculated with S&P BSE 500 India 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 Value 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 Value Fund Direct Growth
12.51
13.77
20.23
As on May 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 2.71 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.82 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Meenakshi Dawar, Dhrumil Shah, Kinjal Desai are the fund managers of Nippon India Value Fund Direct Growth
The Exit load of Nippon India Value Fund Direct Growth is 1%