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Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Equity Savings Fund Direct IDCW Monthly

Nippon India Equity Savings Fund Direct IDCW Monthly

Hybrid
Equity Savings
Moderately High Risk
Payout
2.11%
3Y annualised
+0.30% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Oct 2021₹11.36
Min. SIP amount₹100
Rating1star
Fund size₹250.72 Cr

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns23.2%2.1%3.8%4.6%
Category average20.4%8.3%8.2%NA
Rank with in category121813NA
Understand termsinfo

Holdings (34)

NameSectorInstrumentAssets
ConstructionEquity9.0%
GOI
SovereignGOI Sec8.2%
ConstructionEquity6.7%
FinancialEquity5.2%
FinancialEquity5.0%
MetalsEquity4.8%
FinancialEquity4.4%
FinancialEquity4.2%
EnergyEquity4.0%
FinancialDebenture4.0%
See All

Pros and cons

info
Category: Hybrid Equity Savings
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Pros

1Y annualised returns higher than category average by 2.74%
Lower expense ratio: 1.75%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

Lower AUM: 250Cr. Funds with lower AUM tend to have higher expense ratio
3Y and 5Y annualised returns lower than category average
Lower alpha: -14.83 The fund has generated returns lower than benchmark - NIFTY Equity Savings TRI - in the last 3Y
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 1.75%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 12 months

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 termsinfo
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

Sanjay Parekh
May 2015 - Present
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Anju Chhajer
May 2015 - Present
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Dhrumil Shah
Sep 2021 - Present
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Kinjal Desai
May 2018 - Present
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Anand Devendra Gupta
Sep 2018 - Present
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Sushil Budhia
Feb 2020 - Present
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Fund house & investment objective

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Fund house contact details

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