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NAV as of ( Sep 09, 2022 )
₹ 13.4 -0.01 % 1-D Change
Returns
4.08% p.a.
You get upto 0.53% extra returns
ET Money Rank
10
Out of 18
Very Poor
Generated returns consistently
1/5
Increased returns for each unit of additional risk
1/5
Very Poor
Controlled losses during market corrections
1/5
Delivered returns without frequent ups and downs
1/5
Fresh Investments closed in this fund!
This fund is no longer available to invest
ET Money Rank | 10 Out of 18 |
VRO Rating | |
Expense ratio | 1.17% As on Jul 31, 2022 |
Exit Load |
1.0%
|
AUM (Fund Size) | ₹ 201 Crs |
Lock-in | No Lockin |
Age | 7 yrs 4 m Since May 12, 2015 |
Benchmark | NIFTY Equity Savings TRI |
Min. Investment |
SIP ₹ 500 & Lumpsum ₹ 5000 |
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Total value | Profit |
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Category Average
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Bank FD
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Gold
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 37.56%
Mid Cap 1.83%
Small Cap 0%
Other Cap 0%
Financial 16.05%
Others 14.14%
Materials 8.08%
Construction 7.86%
IndInfravit Trust 4.86%
GOI 4.76%
Rural Electrification Corpn. Ltd. 2.43%
Others 0.04%
Cash 43.98%
AAA 7.29%
SOV 4.76%
Cash & Call Money 4.55%
Cash Margin 43.98%
Debenture 7.29%
Repo 5.63%
GOI Securities 4.76%
Others 5.63%
Fund name | Annual Return % | Consistency | Value Research Rating |
---|---|---|---|
Sundaram Equity Savings Fund | 10.43% | ||
Edelweiss Equity Savings Fund | 9.39% | ||
Axis Equity Saver Fund | 9.17% | ||
HDFC Equity Savings Fund | 9.02% | ||
Kotak Equity Savings Fund | 8.95% | ||
SBI Equity Savings Fund | 8.64% | ||
Nippon India Equity Savings Fund | 1.11% |
Period | Trailing returns | Category average | Rank within category |
---|---|---|---|
1 month | 0.41% | 0.93% | 17 / 18 |
3 months | 4.07% | 5.56% | 16 / 18 |
6 months | 2.99% | 3.78% | 14 / 18 |
1 year | 2.38% | 4.44% | 15 / 18 |
3 years | 1.72% | 10.6% | 18 / 18 |
5 years | 1.11% | 7.86% | 14 / 14 |
Level of Risk in the Scheme
Investors understand that their principal will be at Moderate risk
HYBRID EQUITY SAVINGS
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.
Anand Devendra Gupta
Mr. Gupta is B.Com and PGDBA
Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential AMC and Refco - Sify Securities Pvt. Ltd.
Sushil Budhia
Mr. Budhia has done CA
Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
Dhrumil Shah
Mr. Shah is B.com and C.A
Prior to joining Nippon India Mutual Fund, he has worked with Birla Sun Life Insurance as AVP Investments, Equity Fund Management and Research and ASK investment Managers as Portfolio Manager, Equity Fund Management and Research.
TOTAL AUM:
₹2,81,440 Crs
As on Jun 30, 2022
The Nippon India Equity Savings Fund is a 7 yrs 4 m old fund and has delivered average annual returns of 4.08% since inception.
1-Year | 3-Year | 5-Year | Since Inception |
---|---|---|---|
2.38% | 1.72% | 1.11% | 4.08% |
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Nippon India Equity Savings Fund for Sep 09, 2022 is 13.4 .
Nippon India Equity Savings Fund has an ET Money Rank of # 10 of 18 and a consistency rating of 1 .
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in Nippon India Equity Savings Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Nippon India Equity Savings Fund is 1.17%. .
Redeeming your investments in Nippon India Equity Savings Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Nippon India Equity Savings Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Nippon India Equity Savings Fund is ₹201 Crs.
The Nippon India Equity Savings Fund's equity portion has been invested in the stocks of the following companies
Company | Percentage of Portfolio |
---|---|
Others | 14.14% |
Larsen & Toubro Ltd. | 7.22% |
Reliance Industries Ltd. | 5.96% |
Grasim Industries Ltd. | 5.69% |
Housing Development Finance Corpn. Ltd. | 4.61% |
ICICI Bank Ltd. | 4.08% |
Tata Steel Ltd. | 3.82% |
HCL Technologies Ltd. | 2.87% |
Infosys Ltd. | 2.74% |
Asian Paints Ltd. | 2.39% |
The Nippon India Equity Savings Fund's equity portion is primarily invested in the following sectors -
Sector | Percentage of Portfolio |
---|---|
Financial | 16.05% |
Others | 14.14% |
Materials | 8.08% |
Construction | 7.86% |
Technology | 6.88% |
Energy | 6.63% |
Metals & Mining | 5.55% |
Consumer Staples | 5.04% |
Automobile | 4.84% |
Healthcare | 3.42% |
The credit rating of the instruments in which the fund invests represents the quality of the borrower.
The Nippon India Equity Savings Fund's debt portion's allocation by credit quality is given belowCredit Quality | Percentage of Portfolio |
Cash | 43.98% |
AAA | 7.29% |
SOV | 4.76% |
The top 3 debt holdings of Nippon India Equity Savings Fund are as follows
Holding Name | Percentage of Portfolio |
IndInfravit Trust | 4.86% |
GOI | 4.76% |
Rural Electrification Corpn. Ltd. | 2.43% |