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Nippon India Equity Savings Fund Direct IDCW Monthly

Hybrid
Equity Savings
Moderate Risk
Payout
-0.68%
3Y annualised
+0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Jul 2022₹10.99
Min. SIP amount₹100
Rating1
Fund size₹194.65Cr

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.9%-0.7%1.2%3.7%
Category average20.4%8.3%8.2%NA
Rank with in category161913NA
Understand terms

Holdings (40)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec10.1%
Grasim Industries Ltd.ConstructionEquity7.2%
Larsen & Toubro Ltd.ConstructionEquity6.8%
Axis Bank Ltd.FinancialEquity5.5%
Tata Steel Ltd.Metals & MiningEquity5.3%
IndInfravit TrustFinancialDebenture5.0%
Housing Development Finance Corpn. Ltd.FinancialEquity4.2%
ICICI Bank Ltd.FinancialEquity3.5%
REC Ltd.FinancialDebenture2.6%
Torrent Power Ltd.
EnergyNCD2.5%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Lower AUM: 194Cr. Funds with lower AUM tend to have higher expense ratio
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lower alpha: -10.04 The fund has generated returns lower than benchmark - NIFTY Equity Savings Total Return Index - in the last 3Y
Higher expense ratio: 1.17%
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 1.17%

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

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
Amc Image
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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FAQs

How to Invest in Nippon India Equity Savings Fund Direct IDCW Monthly?

You can easily invest in Nippon India Equity Savings Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Nippon India Equity Savings Fund Direct IDCW Monthly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Nippon India Equity Savings Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Nippon India Equity Savings Fund Direct IDCW Monthly provide?

The Nippon India Equity Savings Fund Direct IDCW Monthly has been there from 30 May 2015 and the average annual returns provided by this fund is 1.91% since its inception.

How much expense ratio is charged by Nippon India Equity Savings Fund Direct IDCW Monthly?

The term Expense Ratio used for Nippon India Equity Savings Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Nippon India Equity Savings Fund Direct IDCW Monthly is 1.17% as of 02 Jul 2022...

What is the AUM of Nippon India Equity Savings Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of Nippon India Equity Savings Fund Direct IDCW Monthly is ₹194.65Cr as of 02 Jul 2022.

How to Redeem Nippon India Equity Savings Fund Direct IDCW Monthly?

If you want to sell your Nippon India Equity Savings Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Nippon India Equity Savings Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of Nippon India Equity Savings Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Nippon India Equity Savings Fund Direct IDCW Monthly?

The NAV of Nippon India Equity Savings Fund Direct IDCW Monthly is ₹10.99 as of 01 Jul 2022.

What is the PE and PB ratio of Nippon India Equity Savings Fund Direct IDCW Monthly?

The PE ratio ratio of Nippon India Equity Savings Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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