Nippon India Vision Fund Direct Growth
About the Fund
Nippon India Vision Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Amar Kalkundrikar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Vision Fund Direct Growth has ₹5014 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 1.5.
Returns
Nippon India Vision Fund Direct Growth has given a CAGR return of 15.95% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.51%, 23.86% and 23.60% respectively.
Holdings
Nippon India Vision Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Consumer Defensive, Basic Materials, Energy, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, CG Power & Industrial Solutions Ltd, Jubilant Foodworks Ltd
Taxation
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.
Investment objective of Nippon India Vision Fund Direct Growth
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 and lockin period
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.
INDmoney Rank
Fund Overview
| Expense ratio | 1.51% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹5014 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 74.53% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Persistent Systems Ltd | 21.2% |
Samvardhana Motherson International Ltd | 2.4% |
Mutual Fund Insights
Nippon India Vision Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹5014 Cr
Expense Ratio 1.51%
Frequently Asked Questions
Nippon India Vision Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.77% | 2.77% |
6 Month Returns | 23.66% | 23.66% |
1 Year Returns | 49.51% | 49.51% |
3 Years Returns | 90.03% | 23.86% |
5 Years Returns | 188.5% | 23.6% |
- 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 Vision Fund Direct Growth | 5.22 | 2.41 | -0.84 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Vision Fund Direct Growth | 0.95 | 0.92 | 0.97 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Vision Fund Direct Growth | 3.09 | 1.35 | 0.82 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Vision Fund Direct Growth | 11.15 | 12.72 | 19.63 |