Nippon India Equity Savings Fund Direct Growth
HybridEquity SavingsModerate Risk
Direct
NAV (05-Sep-24)
₹16.93-0.08%1D
Returns (Since Inception)
5.85%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹610 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, 3 months and 8 days, having been launched on 30-May-15.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹16.93, Assets Under Management (AUM) of 610.16 Crores, and an expense ratio of 0.74%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹16.93, Assets Under Management (AUM) of 610.16 Crores, and an expense ratio of 0.74%.
- Nippon India Equity Savings Fund Direct Growth has given a CAGR return of 5.85% since inception.
- The fund's asset allocation comprises around 27.76% in equities, 24.69% in debts, and 47.55% 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
+13.93%
+16.07% (Cat Avg.)
3 Years
+9.06%
+9.53% (Cat Avg.)
5 Years
+6.14%
+10.96% (Cat Avg.)
Since Inception
+5.85%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹169.38 Cr | 27.76% |
| Debt | ₹150.64 Cr | 24.69% |
| Others | ₹290.14 Cr | 47.55% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹237.86 Cr | 44.78% |
| Larsen & Toubro Ltd | Equity | ₹29.6 Cr | 5.57% |
| HDFC Bank Ltd | Equity | ₹26.52 Cr | 4.99% |
| Coal India Ltd | Equity | ₹26.11 Cr | 4.92% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹25.46 Cr | 4.79% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-23.22 Cr | 4.37% |
| Future on Coal India Ltd | Equity - Future | ₹-21.88 Cr | 4.12% |
| Reliance Industries Ltd | Equity | ₹21.68 Cr | 4.08% |
| Grasim Industries Ltd | Equity | ₹21.13 Cr | 3.98% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-17.34 Cr | 3.27% |
| ICICI Bank Ltd | Equity | ₹16.36 Cr | 3.08% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-15.71 Cr | 2.96% |
| Axis Bank Ltd | Equity | ₹15.52 Cr | 2.92% |
| Power Grid Corp Of India Ltd | Equity | ₹15.42 Cr | 2.90% |
| Power Grid Corporation of India Ltd. | Bond - Gov't Agency Debt | ₹-15.37 Cr | 2.89% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹15.15 Cr | 2.85% |
| ITC Ltd | Equity | ₹14.62 Cr | 2.75% |
| Hdfc Bank Limited_29/08/2024 | Equity - Future | ₹-13.7 Cr | 2.58% |
| Triparty Repo | Cash - Repurchase Agreement | ₹13.59 Cr | 2.56% |
| Cash Margin - Derivatives | Cash - Collateral | ₹13.45 Cr | 2.53% |
| Hindustan Unilever Ltd | Equity | ₹13.23 Cr | 2.49% |
| HCL Technologies Ltd | Equity | ₹12.17 Cr | 2.29% |
| Infosys Ltd | Equity | ₹11.96 Cr | 2.25% |
| Future on Axis Bank Ltd | Equity - Future | ₹-10.93 Cr | 2.06% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-10.84 Cr | 2.04% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-10.74 Cr | 2.02% |
| Future on Manappuram Finance Ltd | Equity - Future | ₹-10.31 Cr | 1.94% |
| Manappuram Finance Ltd | Equity | ₹10.27 Cr | 1.93% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹10.19 Cr | 1.92% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹10.12 Cr | 1.91% |
| Future on ITC Ltd | Equity - Future | ₹-9.73 Cr | 1.83% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-9.05 Cr | 1.70% |
| Maruti Suzuki India Ltd | Equity | ₹9.05 Cr | 1.70% |
| Future on Tata Steel Ltd | Equity - Future | ₹-8.51 Cr | 1.60% |
| Tata Steel Ltd | Equity | ₹8.46 Cr | 1.59% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹7.58 Cr | 1.43% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-7.26 Cr | 1.37% |
| UltraTech Cement Ltd | Equity | ₹7.25 Cr | 1.37% |
| Tata Consultancy Services Ltd | Equity | ₹7.02 Cr | 1.32% |
| Bharti Airtel Ltd | Equity | ₹6.71 Cr | 1.26% |
| Vedanta Ltd | Equity | ₹6.64 Cr | 1.25% |
| Vedanta Limited_29/08/2024 | Equity - Future | ₹-6.62 Cr | 1.25% |
| State Bank of India | Equity | ₹6.11 Cr | 1.15% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-6.03 Cr | 1.13% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-5.68 Cr | 1.07% |
| IndusInd Bank Ltd | Equity | ₹5.64 Cr | 1.06% |
| NTPC Ltd | Equity | ₹5.62 Cr | 1.06% |
| Future on Canara Bank | Equity - Future | ₹-5.61 Cr | 1.06% |
| Canara Bank | Equity | ₹5.57 Cr | 1.05% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹5.17 Cr | 0.97% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹5.04 Cr | 0.95% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.02 Cr | 0.95% |
| Shriram Housing Finance Limited 9.25% | Bond - Corporate Bond | ₹5.01 Cr | 0.94% |
| National Housing Bank | Bond - Corporate Bond | ₹5.01 Cr | 0.94% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹5 Cr | 0.94% |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | ₹5 Cr | 0.94% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5 Cr | 0.94% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹5 Cr | 0.94% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹5 Cr | 0.94% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.94% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.94% |
| Bajaj Housing Finance Ltd. 7.78% | Bond - Corporate Bond | ₹4.99 Cr | 0.94% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.94% |
| Tata Motors Ltd | Equity | ₹4.63 Cr | 0.87% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-4.52 Cr | 0.85% |
| Bandhan Bank Ltd | Equity | ₹4.52 Cr | 0.85% |
| Future on Asian Paints Ltd | Equity - Future | ₹-4.41 Cr | 0.83% |
| Asian Paints Ltd | Equity | ₹4.38 Cr | 0.82% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹4.3 Cr | 0.81% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-3.99 Cr | 0.75% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹3.78 Cr | 0.71% |
| HDFC Life Insurance Company Limited | Equity | ₹3.72 Cr | 0.70% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-3.69 Cr | 0.69% |
| Mahindra & Mahindra Ltd | Equity | ₹3.66 Cr | 0.69% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹3.02 Cr | 0.57% |
| Infosys Limited_29/08/2024 | Equity - Future | ₹-3.01 Cr | 0.57% |
| Future on DLF Ltd | Equity - Future | ₹-2.95 Cr | 0.56% |
| Net Current Assets | Cash | ₹2.93 Cr | 0.55% |
| DLF Ltd | Equity | ₹2.93 Cr | 0.55% |
| Cummins India Ltd | Equity | ₹2.89 Cr | 0.54% |
| Upl Limited_29/08/2024 | Equity - Future | ₹-2.76 Cr | 0.52% |
| UPL Ltd | Equity | ₹2.75 Cr | 0.52% |
| Bajaj Auto Ltd | Equity | ₹2.71 Cr | 0.51% |
| Bharat Electronics Ltd | Equity | ₹2.36 Cr | 0.45% |
| LIC Housing Finance Ltd | Equity | ₹2.3 Cr | 0.43% |
| Future on Dabur India Ltd | Equity - Future | ₹-1.92 Cr | 0.36% |
| Dabur India Ltd | Equity | ₹1.91 Cr | 0.36% |
| Jindal Steel & Power Ltd | Equity | ₹1.83 Cr | 0.34% |
| Max Financial Services Ltd | Equity | ₹1.78 Cr | 0.33% |
| Power Finance Corp Ltd | Equity | ₹1.67 Cr | 0.31% |
| Zydus Lifesciences Ltd | Equity | ₹1.5 Cr | 0.28% |
| Future on JSW Steel Ltd | Equity - Future | ₹-1.27 Cr | 0.24% |
| JSW Steel Ltd | Equity | ₹1.25 Cr | 0.24% |
| Tech Mahindra Ltd | Equity | ₹1.09 Cr | 0.20% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-0.72 Cr | 0.14% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹0.62 Cr | 0.12% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.1 Cr | 0.02% |
| Future on Wipro Ltd | Equity - Future | ₹-0.08 Cr | 0.01% |
| Wipro Ltd | Equity | ₹0.08 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
107.23%
Mid Cap Stocks
7.84%
Small Cap Stocks
--
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹100 Cr | 18.83% |
| Basic Materials | ₹53.68 Cr | 10.11% |
| Energy | ₹47.79 Cr | 9.00% |
| Industrials | ₹37.88 Cr | 7.13% |
| Technology | ₹36.09 Cr | 6.80% |
| Consumer Defensive | ₹29.76 Cr | 5.60% |
| Consumer Cyclical | ₹24.34 Cr | 4.58% |
| Utilities | ₹21.03 Cr | 3.96% |
| Healthcare | ₹9.08 Cr | 1.71% |
| Communication Services | ₹7.33 Cr | 1.38% |
| Real Estate | ₹2.93 Cr | 0.55% |
Risk & Performance Ratios
Standard Deviation
This fund
3.97%
Cat. avg.
4.43%
Lower the better
Sharpe Ratio
This fund
0.80
Cat. avg.
0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.59
Higher the better
Fund Managers
DS
Dhrumil Shah
Since September 2021
Ashutosh Bhargava
Since April 2024
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 31st July 2024
ISIN | INF204KA1W77 | Expense Ratio | 0.74% | Exit Load | 1.00% | Fund Size | ₹610 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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% | ₹6540.74 Cr | 22.0% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.8% | 1.0% | ₹6540.74 Cr | 20.7% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹450.33 Cr | 17.5% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹450.33 Cr | 18.6% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderate Risk | 2.5% | 1.0% | ₹610.16 Cr | 17.0% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderate Risk | 1.5% | 1.0% | ₹610.16 Cr | 18.2% |
| Tata Equity Savings Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹157.95 Cr | 16.1% |
| Bandhan Equity Savings Fund Regular Growth Low to Moderate Risk | 1.4% | 0.0% | ₹136.00 Cr | 10.3% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹94.20 Cr | 9.6% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.2% | 0.0% | ₹881.56 Cr | 18.1% |
About the AMC
Total AUM
₹5,54,956 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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Still got questions?
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 05-Sep-2024, is ₹16.93.
What are the returns of Nippon India Equity Savings Fund Direct Growth?
The fund has generated 13.93% over the last 1 year and 9.06% 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 27.76% in equities, 24.69% in bonds, and 47.55% 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
- Ashutosh Bhargava
- 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.