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Nippon India Equity Savings Fund Direct IDCW Monthly0.00%

19.07%
1 Year Return
Hybrid
Equity Savings
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Equity Savings Fund Direct IDCW Monthly

RiskModerately High
Min SIP Amount₹100
Expense Ratio1.75%
NAV₹10.80 (23 Jul 2021)
Fund Started30 May 2015
Fund Size287 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
19.1%
-0.8%
3.3%
3.5%
Category Average
20.4%
8.3%
8.2%
-
Rank Within Category
14
16
13
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 19.1% returns per annum

Comparison

Data not available
Pros
Found nothing so far.
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.75%
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
5. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Grasim Industries Ltd.ConstructionEquity9.1%
GOISovereignGOI Sec7.2%
Larsen & Toubro Ltd.ConstructionEquity5.6%
Axis Bank Ltd.FinancialEquity4.9%
Tata Steel Ltd.MetalsEquity4.9%
HDFC Bank Ltd.FinancialEquity4.2%
Infosys Ltd.TechnologyEquity4.2%
Housing Development Finance Corpn. Ltd.FinancialEquity4.1%
ICICI Bank Ltd.FinancialEquity3.9%
Telangana StateFinancialSDL3.8%
See All

Fund Managers

Sanjay Parekh
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Anju Chhajer
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Kinjal Desai
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Anand Devendra Gupta
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Sushil Budhia
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Nippon India Equity Savings Fund Direct IDCW Monthly Details

Nippon India Equity Savings Fund Direct IDCW Monthly is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 May 2015. Sanjay Parekh, Anju Chajjer, Jahnvee Shah is the Current Fund Manager of Nippon India Equity Savings Fund Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹287 Cr and the Latest NAV as of 23 Jul 2021 is ₹10.80.

The Nippon India Equity Savings Fund Direct IDCW Monthly is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months

Investment Objective

The scheme seeks to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
Exit Load

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About Nippon India Mutual Fund

Address
Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
Phone
022-33031000/30301111
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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