Nippon India Japan Equity Fund Direct Growth

Nippon India Japan Equity Fund Direct Growth is an equity fund. This fund was started on 26 August, 2014. The fund is managed by Kinjal Desai. The fund could potentially beat inflation in the long-run.

1. Nippon India Japan Equity Fund Direct Growth has ₹272 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 1.2.
   

Nippon India Japan Equity Fund Direct Growth has given a CAGR return of 7.55% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.92%, 15.38% and 9.55% respectively.

Nippon India Japan Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Tech, Financial Services, Consumer Defensive, Communication, Real Estate, Basic Materials. Its top holdings are Ajinomoto Co Inc, BayCurrent Inc, Sumitomo Electric Industries Ltd, Nippon Telegraph & Telephone Corp, Hitachi Ltd

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The primary investment objective of Nippon India Japan Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Japan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Japan Equity Fund Direct Growth has no lock in period.