Nippon India Vision Fund Direct Growth

Nippon India Vision Fund Direct Growth

Equity

Direct

Large & Mid-Cap

NAV as on 02-12-2024

₹ 1538.84

0.8%

1D

Inception Returns

15.7%

/yr

About Nippon India Vision Fund Direct Growth

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.

Key Parameters

  1. Nippon India Vision Fund Direct Growth has ₹5403 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 1.5.

Returns

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.

Holdings

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

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 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 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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
787 people have invested ₹ 74L in Nippon India Vision Fund Direct Growth in the last three months

INDmoney Rank for Nippon India Vision Fund Direct Growth

Powered by IND quant engine
18
/21
66% Performance
41% Risk Management
0% Cost
18 out of 21 among large & mid-cap
img
Beats FD returns for both 3Y & 5Y
img
No bad points found for this fund.

Nippon India Vision Fund Direct Growth Overview

Expense ratio1.45%
Benchmark
S&P BSE 200 India TR INR
AUM₹5403 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
116.1%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (02-Dec-24)

Period
Nippon India Vision Fund Direct Growth
NIFTY 500
large & mid-cap
1M
2.5%
0.1%
1.3%
3M
-0.9%
-3.9%
-2.6%
6M
11.4%
8.2%
11.1%
1Y
36.4%
26.1%
32.1%
3Y
21.4%
15.1%
19.2%
5Y
22.3%
18.4%
21.7%

Fund Distribution

as on (31-Oct-24)

  • Equity 96.9%

  • Debt & Cash 3.1%

Large cap
55.7%

Mid cap
41.1%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
21.1%
Industrial
14.4%
Tech
14.3%
Consumer Cyclical
12.3%
Health
9.4%
Basic Materials
8.3%
Utilities
6.2%
Consumer Defensive
6%
Energy
3.6%
Communication
2.8%
Real Estate
1.6%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-6.01%
2.48%
1.40%
NIFTY 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -6.01% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed NIFTY 500 by 0.50% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 5.4K Cr
₹ 5.6K Cr
₹ 5.4K Cr
  • AUM of the fund stands at 5.4K Cr as of Oct'24
  • AUM decreased by 215.6 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Global Health Ltd's allocation increased from 0.36% to 1.22%
Global Health Ltd's allocation increased from 0.36% to 1.22%
State Bank of India's allocation increased from 0.87% to 1.53%
State Bank of India's allocation increased from 0.87% to 1.53%
Persistent Systems Ltd's allocation increased from 1.63% to 2.24%
Persistent Systems Ltd's allocation increased from 1.63% to 2.24%
Top Stocks sold last month
NTPC Ltd's allocation decreased from 3.23 % to 3.1 %
NTPC Ltd's allocation decreased from 3.23 % to 3.1 %
Infosys Ltd's allocation decreased from 2.94 % to 2.86 %
Infosys Ltd's allocation decreased from 2.94 % to 2.86 %
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 2.76 %
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 2.76 %
Mid Cap allocation has gone down from 42.6% to 41.1%
Mid Cap allocation has gone down from 42.6% to 41.1%
Large Cap allocation has gone down from 56.3% to 55.7%
Large Cap allocation has gone down from 56.3% to 55.7%
Cash allocation has gone up from 1% to 3.1%
Cash allocation has gone up from 1% to 3.1%

Top 3 Sectors in October were Financial Services, Tech & Industrial

Oct'24
Financial Services
21%
Industrial
14%
Tech
14%
Sep'24
Financial Services
21%
Tech
14%
Industrial
13%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
78
79
76
Top 5 Company Concentration
17.4%
17.4%
17.9%
Company having highest exposure
HDFC Bank Ltd (5%)
HDFC Bank Ltd (4.8%)
HDFC Bank Ltd (4.8%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
71.6%
70.2%
71.6%
Sector having highest exposure
Financial Services (21.1%)
Financial Services (20.7%)
Financial Services (21.3%)
Loading...
We are taking more time than usual
Amar Kalkundrikar
Amar Kalkundrikar
Fund Manager of Nippon India Vision Fund Direct Growth, since 18 June 2021
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Vision 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

Insights icon
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 50.66% return, outperforming this fund by 14.27%.
Insights icon
Over the last 1 month, this fund has experienced a 3.8% drop in AUM moving from 5.61K Cr to 5.40K Cr.
Insights icon
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.99% return, outperforming this fund by 6.59% per annum.
Insights icon
Over the last 15 months, this fund has decreased expense ratio by 7.6% moving from 1.57 to 1.45.
Insights icon
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 28.17% return, outperforming this fund by 5.87% per annum.

Nippon India Vision 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 15.65% since inception which is less than its category average return of 16.85%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.89% in Equity, 0% in Debt and 3.11% in Cash related instruments
AUM size ₹5403 Cr

AUM size ₹5403 Cr

This fund has AUM of ₹5403 Cr which is less than its category average of ₹ 7239 Cr
Expense Ratio 1.45%

Expense Ratio 1.45%

This fund has an expense ratio of 1.45% which is more than its category average expense ratio of 1.37%

Frequently Asked Questions for Nippon India Vision Fund Direct Growth

The current NAV of Nippon India Vision Fund Direct Growth is ₹1538.84 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
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%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
1.45% as on November 2024
₹5403 Cr as on November 2024
HDFC Bank Ltd(5.04%), ICICI Bank Ltd(3.62%), NTPC Ltd(3.1%), Infosys Ltd(2.86%), Ipca Laboratories Ltd(2.76%) as on November 2024
Financial Services(20.44%), Industrial(13.99%), Tech(13.89%) as on November 2024
The alpha ratio for the Nippon India Vision Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Vision Fund Direct Growth
7.91
3.31
0.42
As on November 2024
The alpha for Nippon India Vision Fund Direct Growth is calculated against S&P BSE 200 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 Vision Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Vision Fund Direct Growth
0.91
0.9
0.95
As on November 2024
The Beta for Nippon India Vision Fund Direct Growth is calculated with S&P BSE 200 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 Vision 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 Vision Fund Direct Growth
2.13
1.15
0.88
As on November 2024
The sharpe ratio for Nippon India Vision Fund Direct Growth is calculated with S&P BSE 200 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 Vision 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 Vision Fund Direct Growth
12.01
12.89
19.1
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 2.11 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.96 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Amar Kalkundrikar, Kinjal Desai are the fund managers of Nippon India Vision Fund Direct Growth
The Exit load of Nippon India Vision Fund Direct Growth is 1%