FAQ : Nippon India Equity Savings Fund - Growth - Direct Plan

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

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

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

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