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

Nippon India Equity Savings Fund Direct IDCW Quarterly

Hybrid
Equity Savings
Moderately High Risk
Payout
0.34%
3Y annualised
-1.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 25 Jan 2022₹11.16
Min. SIP amount₹100
Rating1
Fund size₹222.48Cr

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns11.1%0.3%3.2%4.1%
Category average20.4%8.3%8.2%NA
Rank with in category151913NA
Understand terms

Holdings (33)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec9.1%
ConstructionEquity8.4%
ConstructionEquity7.6%
FinancialEquity5.3%
FinancialEquity4.9%
FinancialEquity4.5%
FinancialDebenture4.5%
MetalsEquity4.4%
GOI
SovereignGOI Sec4.4%
FinancialEquity3.8%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Lower expense ratio: 1.75%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 222Cr. 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: -13.75 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 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
Kinjal Desai
May 2018 - Present
View details
Anand Devendra Gupta
Sep 2018 - Present
View details
Sushil Budhia
Feb 2020 - Present
View details

Fund house & investment objective

Fund house contact details

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