Nippon India Equity Savings Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 15.98 | 9.35 | 4.12 | N/A |
Average Rolling Returns(%) | 6.02 | 3.52 | 2.46 | N/A |
The Current NAV of Nippon India Equity Savings Fund - Growth - Direct Plan is ₹15.86.
You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark I-BEX (I-Sec Sovereign Bond Index) returns, as Funds portfolio is significantly different.
Nippon India Equity Savings Fund - Growth - Direct Plan fund’s expense ratio is 0.86%
The process for redemption is
The AUM of Nippon India Equity Savings Fund - Growth - Direct Plan is currently ₹410 Crores.
The Top three stocks are Larsen & Toubro, HDFC Bank and Coal India and account for 17% of its portfolio. Top 5 and 10 stocks of fund account for 26% and 41% of fund’s portfolio respectively.
Top three sectors of Nippon India Equity Savings Fund - Growth - Direct Plan fund are Others, BFSI and Construction & Infrastructure accounting for 49% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Equity Savings it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Nippon India Equity Savings Fund - Growth - Direct Plan Fund is Hybrid - Equity Savings.
Dhrumil Shah and Anand Devendra Gupta manage the Nippon India Equity Savings Fund - Growth - Direct Plan Fund.
Nippon India Equity Savings Fund - Growth - Direct Plan current PE ratio is 27.30 and PB ratio is 4.50
The asset allocation of Nippon India Equity Savings Fund - Growth - Direct Plan is Stocks : 69.56%, Debt : 30.45% and Gold : 0%
The minimum SIP amount for Nippon India Equity Savings Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹5000.00
The exit load for Nippon India Equity Savings Fund - Growth - Direct Plan is Nil upto 10% of units and for remaining units 1% on or before 1 months and Nil after 1 months