1M
6M
1Y
3Y
5Y
All
| NAV: 21 Mar 2023 | ₹13.60 |
| Min. SIP amount | ₹100 |
| Rating | 1 |
| Fund size | ₹178.79Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Equity Savings
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 4.0% | 12.1% | 1.2% | 4.0% |
| Category average | 2.6% | 12.0% | 6.5% | NA |
| Rank with in category | 8 | 15 | 13 | NA |
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Holdings (37)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | Equity | 8.9% |
| Grasim Industries Ltd. | Construction | Equity | 6.0% |
| Reliance Industries Ltd. | Energy | Equity | 5.9% |
| Housing Development Finance Corporation Ltd. | Financial | Equity | 5.5% |
| IndInfravit Trust | Financial | Debenture | 5.4% |
GOI | Sovereign | GOI Sec | 5.3% |
| ICICI Bank Ltd. | Financial | Equity | 4.4% |
| Tata Steel Ltd. | Metals & Mining | Equity | 4.1% |
| HCL Technologies Ltd. | Technology | Equity | 3.7% |
| Infosys Ltd. | Technology | Equity | 3.1% |
See All
Pros and cons
Category: Hybrid Equity Savings
Pros
Cons
Lower expense ratio: 0.69%
5Y annualised returns lower than category average by 5.3%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Lower alpha: -7.25
The fund has generated returns lower than benchmark - NIFTY Equity Savings Total Return Index - in the last 3Y
Consistently higher annualised returns than category average for the past 1Y and 3Y
Low rating: 1
Expense ratio, exit load and tax
Expense ratio: 0.69%
Inclusive of GST
Exit load
For units in excess of 10% of the investment,1% will be charged for redemption within 1 month.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Dhrumil ShahSep 2021 - PresentView details
Dhrumil Shah
Sep 2021 - Present
View details
Education
Mr. Shah is B.com and C.A
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Birla Sun Life Insurance as AVP Investments, Equity Fund Management and Research and ASK investment Managers as Portfolio Manager, Equity Fund Management and Research.
Also manages these schemes
Kinjal DesaiMay 2018 - PresentView details
Kinjal Desai
May 2018 - Present
View details
Education
Ms. Desai is MSc(Economics)
Experience
Associate Equity Investements at NAM India Assisting Lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in stock selection and monitoring of overseas investments.
Also manages these schemes
Anand Devendra GuptaSep 2018 - PresentView details
Anand Devendra Gupta
Sep 2018 - Present
View details
Education
Mr. Gupta is B.Com and PGDBA
Experience
Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential AMC and Refco - Sify Securities Pvt. Ltd.
Also manages these schemes
Sushil BudhiaFeb 2020 - PresentView details
Sushil Budhia
Feb 2020 - Present
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Education
Mr. Budhia has done CA
Experience
Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
Also manages these schemes
Akshay SharmaDec 2022 - PresentView details
Akshay Sharma
Dec 2022 - Present
View details
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
E-mail
[email protected]Website
NA
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
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