Equity
Direct
Large & Mid-Cap
NAV as on 02-12-2024
₹ 1538.84
▲0.8%
1D
Inception Returns
15.7%
/yr
Nippon India Vision Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Amar Kalkundrikar, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Nippon India Vision Fund Direct Growth has given a CAGR return of 15.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.38%, 21.40% and 22.31% respectively.
Nippon India Vision Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Health, Basic Materials, Utilities, Consumer Defensive, Energy, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, NTPC Ltd, Infosys Ltd, Ipca Laboratories Ltd
As it is a large & mid-cap 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.
The primary investment objective of the Scheme is to achieve long term growth of capital by investing in equity and equity related securities through a research based investment approach. The secondary objective is to generate consistent returns by investing in debt, money market securities, REITs and InvITs. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Vision Fund Direct Growth has no lock in period.
Expense ratio | 1.45% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹5403 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 116.1% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (02-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Tech & Industrial
Nippon India Vision Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.49% | 2.49% |
6 Month Returns | 11.38% | 11.38% |
1 Year Returns | 36.38% | 36.38% |
3 Years Returns | 78.92% | 21.4% |
5 Years Returns | 173.68% | 22.31% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Vision Fund Direct Growth | 7.91 | 3.31 | 0.42 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Vision Fund Direct Growth | 0.91 | 0.9 | 0.95 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Vision Fund Direct Growth | 2.13 | 1.15 | 0.88 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Vision Fund Direct Growth | 12.01 | 12.89 | 19.1 |