Nippon India Equity Savings Fund Direct IDCW Monthly

Hybrid
Equity Savings
Moderate Risk
Payout
13.48%
3Y annualised
+3.44% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 31 Mar 2023₹11.96
Min. SIP amount₹100
Rating1
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
1Y3Y5YAll
Fund returns6.8%13.5%1.9%4.5%
Category average2.5%12.5%6.5%NA
Rank with in category111615NA
Understand terms

Holdings (37)

NameSectorInstrumentAssets
Larsen & Toubro Ltd.ConstructionEquity8.9%
Grasim Industries Ltd.ConstructionEquity6.0%
Reliance Industries Ltd.EnergyEquity5.9%
Housing Development Finance Corporation Ltd.FinancialEquity5.5%
IndInfravit TrustFinancialDebenture5.4%
GOI
SovereignGOI Sec5.3%
ICICI Bank Ltd.FinancialEquity4.4%
Tata Steel Ltd.Metals & MiningEquity4.1%
HCL Technologies Ltd.TechnologyEquity3.7%
Infosys Ltd.TechnologyEquity3.1%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

Lower expense ratio: 0.69%
5Y annualised returns lower than category average by 4.6%
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 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 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 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 Budhia
Feb 2020 - Present
View details

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 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
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,

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