September 22, 2022
mayank
Nippon India Consumption Fund
NAV Growth: Rs 142.0352
NAV IDCW: Rs 45.2426
NAV Bonus: Rs 142.0352
Suitable For Which Investors?
This is a fund that invests mainly in the shares of consumer-facing companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate 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 long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of the companies that are likely to benefit directly or indirectly from the domestic consumption led demand.
Fund Manager:
1) Amar Kalkundrikar
Education: Mr. Kalkundrikar has done BCom, CA, CFA, and MBA from Columbia Business School.
Experience: Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 30 days |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 14.03% |
| Benchmark | NIFTY India Consumption TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 241 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 1.29% |
| (As on 31-Jul-2022) | |
| Risk Grade | Average |
| Return Grade | High |
| Turnover | 64.00% |
Nippon India Consumption Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Consmpn Dir | 17.65 | -1.38 | 3.83 | 24.68 | 21.7 | 17.07 | 29.25 | 16.68 | 15.74 | — |
| S&P BSE 500 TRI | 3.25 | -2.14 | -0.13 | 17.08 | 6.61 | 2.57 | 20.88 | 12.93 | 14.34 | — |
| Equity: Thematic-Consumption | 9.86 | -1.67 | 1.69 | 20 | 14.39 | 10.73 | 22.92 | 14.34 | 16.09 | — |
| Rank within category | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 5 | — |
| Number of funds in category | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 8 | 7 | 0 |
Nippon India Consumption Fund 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 Consmpn Dir | 5 star | 17.07 | 29.25 | 16.68 | 1.29 | 241 | 14.03 | 1.00 (30) | 9yrs 8mo | 64.00 |
| Baroda BNP Paribas Ind Consmpn Dir | 4 star | 7.41 | 24.36 | — | 0.79 | 942 | 21.90 | 1.00 (365) | 4yrs 0mo | 50.00 |
| Canara Robeco Consumer Trends Dir | 4 star | 8.83 | 25.44 | 16.65 | 1.01 | 926 | 17.56 | 1.00 (365) | 9yrs 8mo | 60.00 |
| ABSL Ind GenNext Dir | 3 star | 6.83 | 22.55 | 14.85 | 1.03 | 3,076 | 17.97 | 1.00 (30) | 9yrs 8mo | 12.00 |
| Mirae Asset Great Consumer Dir | 3 star | 9.28 | 23.13 | 16.06 | 0.56 | 1,945 | 18.03 | 1.00 (365) | 9yrs 8mo | 51.00 |
Portfolio Analysis
| No. of Stocks | 30 |
| Top 10 Stocks | 42.21% |
| Top 5 Stocks | 24.20% |
| Top 3 Sectors | 61.18% |
| Portfolio P/B Ratio | 6.80 |
| Portfolio P/E Ratio | 45.92 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 48,973 | 1,27,122 |
| Giant (%) | 22.85 | 49.41 |
| Large (%) | 22.46 | 22.63 |
| Mid (%) | 40.73 | 22.30 |
| Small (%) | 13.95 | 8.49 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance for Nippon India Consumption Fund
Do not invest in this, or any other consumption-themed fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.ni-mf.in/Ls7bch
Stock Research Reports:
https://www.analysislibrary.com/
NFO Guidance:
https://sahifund.com/category/nfos/
Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
Join Chanakya’s Telegram Channel @
https://t.me/chanakyanipothi