September 23, 2022
mayank
Nippon India ETF Nifty Dividend Opportunities 50
NAV IDCW: Rs 45.4100
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide investment returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty Dividend Opportunities 50 Index, subject to tracking errors.
Fund Manager:
1) Mehul Dama
Education: Mr. Dama has done C.A. & B.Com
Experience: Prior to joining Nippon India Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | — |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 15-Apr-14 |
| Return Since Launch | 12.19% |
| Benchmark | NIFTY Div Opps 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 17 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.17% |
| (As on 31-Aug-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 20.00% |
Nippon India ETF Nifty Dividend Opportunities 50 Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind ETF Nifty Dividend Opp 50 | 0.13 | 0.08 | -0.99 | 12.62 | 0.42 | -0.51 | 15.89 | 11.01 | 13.23 | — |
| S&P BSE 500 TRI | 3.87 | -0.14 | 2.22 | 18.14 | 5.45 | 3.95 | 20.08 | 13.46 | 14.54 | — |
Nippon India ETF Nifty Dividend Opportunities 50 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 ETF Nifty Dividend Opp 50 | Unrated | -0.51 | 15.89 | 11.01 | 0.17 | 17 | 12.19 | — | 8yrs 5mo | 20.00 |
| ICICI Pru Ind Opp Reg | Unrated | 15.21 | 25.25 | — | 2.10 | 5,773 | 19.67 | 1.00 (365) | 3yrs 8mo | 69.00 |
| ICICI Pru Business Cycle | Unrated | 9.45 | — | — | 1.93 | 5,095 | 19.28 | 1.00 (30) | 1yrs 8mo | 63.00 |
| ICICI Pru Hsng Opp | Unrated | — | — | — | 2.02 | 3,066 | 6.50 | 1.00 (30) | 0yrs 5mo | 29.00 |
| ABSL Business Cycle Reg | Unrated | — | — | — | 1.98 | 2,399 | 3.50 | 1.00 (30) | 0yrs 9mo | — |
Portfolio Analysis
| No. of Stocks | 49 |
| Top 10 Stocks | 66.64% |
| Top 5 Stocks | 48.87% |
| Top 3 Sectors | 68.52% |
| Portfolio P/B Ratio | 3.03 |
| Portfolio P/E Ratio | 14.15 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,19,618 | 1,21,140 |
| Giant (%) | 59.09 | 42.51 |
| Large (%) | 31.02 | 27.96 |
| Mid (%) | 8.85 | 28.05 |
| Small (%) | 1.04 | 7.78 |
| Tiny (%) | — | 0.14 |
Chanakya’s Mutual Fund Guidance For Nippon India ETF Nifty Dividend Opportunities 50
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
Apply Online: https://mf.nipponindiaim.com/
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