Nippon India Equity Savings Fund Direct Dividend Monthly+0.18%

1
-19.51%
1 Year Return
Hybrid
Equity Savings
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Equity Savings Fund Direct Dividend Monthly

RiskModerately High
Min SIP Amount₹100
Expense Ratio1.77%
NAV9.01 (07 Jul 2020)
Fund Started30 May 2015
Fund Size456 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Equity Savings Fund Direct Dividend Monthly
-19.5%
-4.6%
0.6%
1.1%
Category Average
-2.9%
2.0%
4.6%
-
Rank within category
21
14
7
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -19.5% annual returns

    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. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio - 1.77%
    4. 1Y Returns are lower than the category average returns
    5. 3Y Returns are lower than the category average returns
    6. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Larsen & Toubro Ltd.ConstructionEquity6.0%
    Axis Bank Ltd.FinancialEquity5.9%
    Indian Receivable TrustFinancialSecuritised Debt5.9%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity4.9%
    Indian Receivable TrustFinancialSecuritised Debt4.6%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.5%
    SEI Enerstar Renewable Pvt. Ltd.EngineeringZCB4.4%
    Grasim Industries Ltd.ConstructionEquity4.2%
    HDFC Bank Ltd.FinancialEquity4.1%
    State Bank of IndiaFinancialEquity3.8%
    See All

    Fund Managers

    addSanjay Parekh
    Education
    Mr. Parekh is a B.Com (H) and Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with ICICI Prudential MF, Ask Investments Managers, Prabhudas Lilladher, Sunidhi Consultancy Services, Insight Asset Management and Capital Market Magazine.
    Funds Managed
    addAnju Chhajer
    Education
    Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
    Funds Managed
    addKinjal Desai
    Education
    Ms. Desai is MSc(Economics)
    Experience
    Associate Equity Investments at RNAM Assisting lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in Stock Selection and monitoring of overseas investments.
    Funds Managed
    addSushil Budhia
    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.
    Funds Managed

    Nippon India Equity Savings Fund Direct Dividend Monthly Details

    Nippon India Equity Savings Fund Direct Dividend 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹456 Cr and the Latest NAV as of 07 Jul 2020 is ₹9.01.

    The Nippon India Equity Savings Fund Direct Dividend 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 primary investment objective of this fund is to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

    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
    Reliance 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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