Nippon India Equity Savings Fund Direct IDCW Monthly

Hybrid
Equity Savings
Moderate Risk
Payout
9.70%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 May 2024₹13.82
Min. SIP amount₹100
Rating1
Fund size₹433.01Cr

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 returns13.0%9.7%4.4%5.6%
Category average15.6%9.3%9.1%NA
Rank with in category171418NA
Understand terms

Holdings (81)

NameSectorInstrumentAssets
FinancialEquity6.21%
ConstructionEquity6.19%
SovereignGOI Sec5.79%
EnergyEquity5.25%
EnergyEquity4.88%
ConstructionEquity4.24%
FinancialEquity3.58%
SovereignGOI Sec3.45%
EnergyEquity3.09%
Metals & MiningEquity2.79%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

Lower expense ratio: 0.74%
1Y and 5Y annualised returns lower than category average
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Low rating: 1
3Y annualised returns higher than category average by 0.36%

Expense ratio, exit load and tax

Expense ratio: 0.74%

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

Kinjal Desai
May 2018 - Present
View details

Education
Ms. Desai has done B.A (Economics), MSc. (Economics) and has cleared CFA Level 1
Experience
She has been working with Nippon India Mutual Fund since year, 2012
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

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
NA
Launch Date
30 Jun 1995
E-mail
NA
Website
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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