September 22, 2022
mayank
Nippon India Equity Hybrid Fund
NAV Growth: Rs 75.7196
NAV IDCW Quarterly: Rs 19.5242
NAV IDCW Monthly: Rs 13.9818
NAV IDCW: Rs 28.0057
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme aims to generate consistent returns by investing a major portion in equity and a small portion in debt and money market instruments. It will invest upto 50 per cent of its assets in equities and equity related securities and atleast 25 per cent of its assets in debt and money market instruments with an average maturity of 1 to 7 years.
Fund Manager:
1) Meenakshi Dawar
Education: Ms. Dawar is a B.Tech from IGIT New Delhi and PGDM from IIM Ahmedabad.
Experience: Prior to joining Nippon India Mutual Fund had worked with IDFC Mutual Fund. She has worked in institutional equities sales and research division on sell side.
2) Sushil Budhia
Education: Mr. Budhia has done CA
Experience: Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (Rs) | 1 |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 11.68% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 3,010 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 1.30% |
| (As on 31-Aug-2022) | |
| Risk Grade | High |
| Return Grade | Low |
| Turnover | 45.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Eqt Hybrid Dir | 4.88 | -0.52 | 1.05 | 12.72 | 5.44 | 6.29 | 10.92 | 6.03 | 9.29 | — |
| VR Balanced TRI | 3.11 | -0.49 | -0.11 | 12.24 | 4.13 | 2.29 | 15.65 | 12.08 | 12.33 | — |
| Hybrid: Aggressive Hybrid | 2.17 | -0.49 | 1.12 | 12.82 | 4.83 | 3.58 | 16.29 | 11.05 | 12.14 | — |
| Rank within category | 10 | 30 | 23 | 22 | 17 | 9 | 42 | 31 | 24 | — |
| Number of funds in category | 47 | 47 | 47 | 47 | 47 | 47 | 43 | 31 | 25 | 0 |
Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| Nippon Ind Eqt Hybrid Dir | 1 star | 6.29 | 10.92 | 6.03 | 1.30 | 3,010 | 11.68 | 1.00 (365) | 9yrs 8mo | 45.00 |
| SBI Eqt Hybrid Dir | 4 star | 3.04 | 15.64 | 12.36 | 0.81 | 55,268 | 15.19 | 1.00 (365) | 9yrs 8mo | 232.00 |
| ICICI Pru Eqt & Debt Dir | 5 star | 13.24 | 21.80 | 14.66 | 1.21 | 20,360 | 16.77 | 1.00 (365) | 9yrs 8mo | 41.00 |
| Canara Robeco Eqt Hybrid Dir | 4 star | 2.15 | 17.82 | 12.94 | 0.59 | 8,307 | 14.67 | 1.00 (365) | 9yrs 8mo | 32.00 |
| Mirae Asset Hybrid Eqt Dir | 4 star | 3.29 | 16.73 | 12.61 | 0.37 | 7,053 | 13.73 | 1.00 (365) | 7yrs 1mo | 62.00 |
Portfolio Analysis
| No. of Stocks | 61 |
| Top 10 Holdings | 42.53% |
| Top 5 Stocks | 26.22% |
| Top 3 Sectors | 41.79% |
| Portfolio P/B Ratio | 3.15 |
| Portfolio P/E Ratio | 21.97 |
| Avg Credit Rating | AAA |
Portfolio Breakup
| Portfolio Aggregates | ||
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,58,030 | 1,58,020 |
| Giant (%) | 74.16 | 55.84 |
| Large (%) | 10.95 | 16.34 |
| Mid (%) | 12.02 | 21.76 |
| Small (%) | 2.74 | 7.57 |
| Tiny (%) | 0.14 | 0.10 |
| Fund | Category | |
| Number of Securities | 97 | 57 |
| Modified Duration (yrs) | 2.73 | 2.08 |
| Average Maturity (yrs) | 3.63 | 3.27 |
| Yield to Maturity (%) | 7.58 | 6.50 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Nippon India Equity Hybrid Fund
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
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