Nippon India Equity Savings Fund Direct Growth
HybridEquity SavingsModerate Risk
Direct
NAV (25-Jul-24)
₹16.720.06%1D
Returns (Since Inception)
5.77%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹482 Cr
Expense Ratio
0.74%
ISIN
INF204KA1W77
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
30 May 2015
About this fund
Nippon India Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 9 years, 1 months and 26 days, having been launched on 30-May-15.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹16.72, Assets Under Management (AUM) of 481.60 Crores, and an expense ratio of 0.74%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹16.72, Assets Under Management (AUM) of 481.60 Crores, and an expense ratio of 0.74%.
- Nippon India Equity Savings Fund Direct Growth has given a CAGR return of 5.77% since inception.
- The fund's asset allocation comprises around 23.80% in equities, 21.90% in debts, and 54.30% in cash & cash equivalents.
- You can start investing in Nippon India Equity Savings Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+13.17%
+14.30% (Cat Avg.)
3 Years
+9.57%
+9.38% (Cat Avg.)
5 Years
+5.33%
+10.16% (Cat Avg.)
Since Inception
+5.77%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹114.61 Cr | 23.80% |
| Debt | ₹105.49 Cr | 21.90% |
| Others | ₹261.5 Cr | 54.30% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹219.49 Cr | 45.57% |
| HDFC Bank Ltd | Equity | ₹27.64 Cr | 5.74% |
| Larsen & Toubro Ltd | Equity | ₹26.83 Cr | 5.57% |
| Triparty Repo | Cash - Repurchase Agreement | ₹26.28 Cr | 5.46% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹25.31 Cr | 5.26% |
| Coal India Ltd | Equity | ₹23.66 Cr | 4.91% |
| Reliance Industries Ltd | Equity | ₹22.54 Cr | 4.68% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-21.65 Cr | 4.50% |
| Grasim Industries Ltd | Equity | ₹20.32 Cr | 4.22% |
| Future on Coal India Ltd | Equity - Future | ₹-20 Cr | 4.15% |
| Axis Bank Ltd | Equity | ₹16.84 Cr | 3.50% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-16.68 Cr | 3.46% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-16.39 Cr | 3.40% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹15.04 Cr | 3.12% |
| Future on Power Grid Corp Of India Ltd | Equity - Future | ₹-14.75 Cr | 3.06% |
| Power Grid Corp Of India Ltd | Equity | ₹14.65 Cr | 3.04% |
| ICICI Bank Ltd | Equity | ₹14.6 Cr | 3.03% |
| Hdfc Bank Limited_25/07/2024 | Equity - Future | ₹-14.26 Cr | 2.96% |
| Cash Margin - Derivatives | Cash - Collateral | ₹13.45 Cr | 2.79% |
| Tata Steel Ltd | Equity | ₹12.21 Cr | 2.53% |
| Hindustan Unilever Ltd | Equity | ₹12.09 Cr | 2.51% |
| ITC Ltd | Equity | ₹11.91 Cr | 2.47% |
| Future on Axis Bank Ltd | Equity - Future | ₹-11.85 Cr | 2.46% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹10.12 Cr | 2.10% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹10.06 Cr | 2.09% |
| HCL Technologies Ltd | Equity | ₹10 Cr | 2.08% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-9.92 Cr | 2.06% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-9.45 Cr | 1.96% |
| Infosys Ltd | Equity | ₹9.24 Cr | 1.92% |
| Future on Tata Steel Ltd | Equity - Future | ₹-8.97 Cr | 1.86% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-8.36 Cr | 1.74% |
| Future on ITC Ltd | Equity - Future | ₹-8.35 Cr | 1.73% |
| Maruti Suzuki India Ltd | Equity | ₹8.3 Cr | 1.72% |
| UltraTech Cement Ltd | Equity | ₹7.12 Cr | 1.48% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-7.08 Cr | 1.47% |
| Vedanta Limited_25/07/2024 | Equity - Future | ₹-6.73 Cr | 1.40% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹6.71 Cr | 1.39% |
| Vedanta Ltd | Equity | ₹6.68 Cr | 1.39% |
| Bharti Airtel Ltd | Equity | ₹6.5 Cr | 1.35% |
| Tata Consultancy Services Ltd | Equity | ₹6.25 Cr | 1.30% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-6 Cr | 1.25% |
| Future on Canara Bank | Equity - Future | ₹-5.85 Cr | 1.21% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-5.81 Cr | 1.21% |
| Canara Bank | Equity | ₹5.81 Cr | 1.21% |
| IndusInd Bank Ltd | Equity | ₹5.78 Cr | 1.20% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹5.03 Cr | 1.04% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.01 Cr | 1.04% |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | ₹5 Cr | 1.04% |
| Shriram Housing Finance Limited 9.25% | Bond - Corporate Bond | ₹5 Cr | 1.04% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹4.99 Cr | 1.04% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹4.99 Cr | 1.04% |
| Bajaj Housing Finance Ltd. 7.78% | Bond - Corporate Bond | ₹4.98 Cr | 1.03% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹4.98 Cr | 1.03% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹4.98 Cr | 1.03% |
| LIC Housing Finance Ltd | Equity | ₹4.78 Cr | 0.99% |
| State Bank of India | Equity | ₹4.67 Cr | 0.97% |
| NTPC Ltd | Equity | ₹4.35 Cr | 0.90% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-4.25 Cr | 0.88% |
| Bandhan Bank Ltd | Equity | ₹4.23 Cr | 0.88% |
| Future on Asian Paints Ltd | Equity - Future | ₹-4.15 Cr | 0.86% |
| Asian Paints Ltd | Equity | ₹4.14 Cr | 0.86% |
| Tata Motors Ltd | Equity | ₹3.96 Cr | 0.82% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹3.92 Cr | 0.81% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹3.9 Cr | 0.81% |
| Mahindra & Mahindra Ltd | Equity | ₹3.61 Cr | 0.75% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-3.61 Cr | 0.75% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-3.53 Cr | 0.73% |
| Upl Limited_25/07/2024 | Equity - Future | ₹-2.76 Cr | 0.57% |
| UPL Ltd | Equity | ₹2.75 Cr | 0.57% |
| Future on DLF Ltd | Equity - Future | ₹-2.73 Cr | 0.57% |
| DLF Ltd | Equity | ₹2.72 Cr | 0.57% |
| Cummins India Ltd | Equity | ₹2.58 Cr | 0.54% |
| Infosys Limited_25/07/2024 | Equity - Future | ₹-2.52 Cr | 0.52% |
| Net Current Assets | Cash | ₹2.26 Cr | 0.47% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹2.13 Cr | 0.44% |
| Jindal Steel & Power Ltd | Equity | ₹1.93 Cr | 0.40% |
| Future on Dabur India Ltd | Equity - Future | ₹-1.81 Cr | 0.38% |
| Dabur India Ltd | Equity | ₹1.8 Cr | 0.37% |
| Max Financial Services Ltd | Equity | ₹1.55 Cr | 0.32% |
| JSW Steel Ltd | Equity | ₹1.26 Cr | 0.26% |
| Future on JSW Steel Ltd | Equity - Future | ₹-1.26 Cr | 0.26% |
| Tech Mahindra Ltd | Equity | ₹1 Cr | 0.21% |
| HDFC Life Insurance Company Limited | Equity | ₹0.89 Cr | 0.19% |
| NMDC Ltd | Equity | ₹0.86 Cr | 0.18% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-0.7 Cr | 0.15% |
| Bharat Electronics Ltd | Equity | ₹0.7 Cr | 0.14% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹0.6 Cr | 0.12% |
| Future on Wipro Ltd | Equity - Future | ₹-0.08 Cr | 0.02% |
| Wipro Ltd | Equity | ₹0.08 Cr | 0.02% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.03 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
109.23%
Mid Cap Stocks
5.84%
Small Cap Stocks
--
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹86.8 Cr | 18.02% |
| Basic Materials | ₹57.27 Cr | 11.89% |
| Energy | ₹46.2 Cr | 9.59% |
| Industrials | ₹32.23 Cr | 6.69% |
| Technology | ₹30.49 Cr | 6.33% |
| Consumer Defensive | ₹25.8 Cr | 5.36% |
| Consumer Cyclical | ₹19.78 Cr | 4.11% |
| Utilities | ₹19.01 Cr | 3.95% |
| Communication Services | ₹7.09 Cr | 1.47% |
| Healthcare | ₹6.71 Cr | 1.39% |
| Real Estate | ₹2.72 Cr | 0.57% |
Risk & Performance Ratios
Standard Deviation
This fund
4.10%
Cat. avg.
4.54%
Lower the better
Sharpe Ratio
This fund
0.85
Cat. avg.
0.71
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.36
Higher the better
Fund Managers
DS
Dhrumil Shah
Since September 2021
KD
Kinjal Desai
Since May 2018
AG
Anand Gupta
Since September 2018
SB
Sushil Budhia
Since February 2020
AS
Akshay Sharma
Since December 2022
Additional Scheme Detailsas of 30th June 2024
ISIN | INF204KA1W77 | Expense Ratio | 0.74% | Exit Load | 1.00% | Fund Size | ₹482 Cr | Age | 30 May 2015 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Equity Savings TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity Savings Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹6076.80 Cr | 20.5% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.8% | 1.0% | ₹6076.80 Cr | 19.2% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.5% | 0.0% | ₹441.78 Cr | 15.8% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹441.78 Cr | 16.9% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderately High risk | 2.5% | 1.0% | ₹481.60 Cr | 15.4% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderately High risk | 1.5% | 1.0% | ₹481.60 Cr | 16.6% |
| Tata Equity Savings Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹155.98 Cr | 15.7% |
| Bandhan Equity Savings Fund Regular Growth Moderate Risk | 1.4% | 0.0% | ₹127.90 Cr | 10.3% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹92.83 Cr | 9.2% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.2% | 0.0% | ₹841.07 Cr | 17.6% |
About the AMC
Total AUM
₹4,96,196 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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We're here to help.
What is the current NAV of Nippon India Equity Savings Fund Direct Growth?
The NAV of Nippon India Equity Savings Fund Direct Growth, as of 25-Jul-2024, is ₹16.72.
What are the returns of Nippon India Equity Savings Fund Direct Growth?
The fund has generated 13.17% over the last 1 year and 9.57% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Nippon India Equity Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 23.80% in equities, 21.90% in bonds, and 54.30% in cash and cash equivalents.
Who manages the Nippon India Equity Savings Fund Direct Growth?
The fund managers responsible for Nippon India Equity Savings Fund Direct Growth are:-
- Dhrumil Shah
- Kinjal Desai
- Anand Gupta
- Sushil Budhia
- Akshay Sharma
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.