Item: Nippon India Equity Savings Direct Growth
Rating: 1
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Equity Savings Direct Growth

13.692 (0.023%)

NAV on February 02, 2023

Category Allocation:
Equity Savings

Investment StyleBox

Large Blend

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 185 cr

Turnover Ratio 406.02%

Expense Ratio 0.69%

Exit Load 1.00%if redeemed within
1 Months0.00%if redeemed after 1 Months

Returns

1M: -0.14%
1Y: 2.91%
3M: 1.07%
3Y: 3.72%
6M: 3.13%
5Y: 0.96%

Min Investment 5,000

Scheme SUSPENDED for fresh/additional subscriptions, switch-ins, subscription by way of SIP including existing SIPs, STP including existing STPs or subscription by way of any other mode(s)/facility(ies) with effect from 23Sept2019 - based on notice dated 23Sept2019.

ADDITIONAL INFO

Fund Manager Dhrumil Shah (Since over 1 year) Kinjal Desai (Since over 4 years) Anand Gupta (Since over 4 years) Sushil Budhia (Since about 3 years)

ISIN INF204KA1W77

Fund Family Nippon India

P/E Ratio 17.60

P/B Ratio 2.50

Launch Date May 30, 2015

Benchmark NIFTY Equity Savings TR INR

Avg. Maturity 1.00 year

Yield To Maturity (%) 7.04%

SECTOR WEIGHTINGS (%)

Financial 26.63%

Industrial 11.37%

Technology 10.45%

Basic Materials 22.77%

Consumer Cyclical 6.42%

Utilities Services 0.6%

Healthcare Services 2.63%

Energy Services 8.36%

Communication Services 3.31%

Consumer Defensive 6.56%

Real Estate 0.89%

INVESTMENT OBJECTIVE

Nippon India Equity Savings Fund seeks to invest in combination of Active Equities, Arbitrage Opportunities and Fixed Income securities. The fund endeavors to capture the Equity growth potential along with moderate volatility & regular income through investment in arbitrage opportunities and fixed income securities. The fund attempts to provide higher growth potential than debt funds due to moderate equity exposure and relatively lower volatility than equity funds through allocation to fixed income instruments & arbitrage opportunities.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Equity Savings Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Kotak Equity Savings Fund Direct Growth	20.925	6.15%	2,083 cr	1.05%	Average
UTI Equity Savings Fund Direct Growth	14.476	5.37%	261 cr	0.68%	Below Average
Edelweiss Equity Savings Fund Direct Growth	20.259	3.68%	270 cr	0.70%	Low
Mirae Asset Equity Savings Fund Direct Growth	15.713	2.88%	589 cr	0.41%	Above Average
Mahindra Manulife Equity Savings Fund Direct Growth	17.600	1.41%	435 cr	0.64%	High

Best Equity Savings Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Equity Savings Fund Direct Growth	19.220	6.36%	4,965 cr	0.55%	Average
Kotak Equity Savings Fund Direct Growth	20.925	6.15%	2,083 cr	1.05%	Average
UTI Equity Savings Fund Direct Growth	14.476	5.37%	261 cr	0.68%	Below Average
HDFC Equity Savings Fund -Direct Plan - Growth Option	54.976	3.90%	2,615 cr	1.09%	Average
Mirae Asset Equity Savings Fund Direct Growth	15.713	2.88%	589 cr	0.41%	Above Average
Mahindra Manulife Equity Savings Fund Direct Growth	17.600	1.41%	435 cr	0.64%	High