September 22, 2022
mayank
Nippon India Equity Savings Fund
NAV Growth: Rs 13.4027
NAV IDCW Quarterly: Rs 11.3759
NAV IDCW Monthly: Rs 11.3867
NAV IDCW: Rs 11.5534
NAV Bonus: Rs 13.4028
Suitable For Which Investors?
“Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The scheme seeks to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments.
Fund Manager:
1) Anand Devendra Gupta
Education: Mr. Gupta is B.Com and PGDBA
Experience: Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential AMC and Refco – Sify Securities Pvt. Ltd.
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.
3) Dhrumil Shah
Education: Mr. Shah is B.com and C.A
Experience: Prior to joining Nippon India Mutual Fund, he has worked with Birla Sun Life Insurance as AVP Investments, Equity Fund Management and Research and ASK investment Managers as Portfolio Manager, Equity Fund Management and Research.
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 | For units in excess of 10% of the investment, 1% will be charged for redemption within 30 days |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 30-May-15 |
| Return Since Launch | 4.08% |
| Benchmark | NIFTY Equity Savings TRI |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 201 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.70% |
| (As on 31-Aug-2022) | |
| Risk Grade | High |
| Return Grade | Low |
| Turnover | 450.00% |
Nippon India Equity Savings Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Eqt Svngs Dir | 2.32 | -0.16 | 0.29 | 4.27 | 2.51 | 2.16 | 1.39 | 1.13 | 4.01 | — |
| VR MIP TRI | 2.41 | -0.25 | 0.34 | 6.7 | 2.69 | 2.33 | 9.05 | 8.11 | 8.58 | — |
| Hybrid: Equity Savings | 2.87 | -0.19 | 0.62 | 5.98 | 3.22 | 3.92 | 10 | 7.9 | 8.36 | — |
| Rank within category | 17 | 7 | 13 | 19 | 16 | 18 | 22 | 14 | 11 | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 14 | 11 | 0 |
Nippon India Equity Savings 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 Eqt Svngs Dir | 1 star | 2.16 | 1.39 | 1.13 | 0.70 | 201 | 4.08 | 1.00 (30) | 7yrs 3mo | 450.00 |
| SBI Eqt Svngs Dir | 4 star | 4.07 | 11.26 | 8.70 | 0.66 | 2,443 | 9.37 | 0.10 (15) | 7yrs 4mo | 475.00 |
| Kotak Eqt Svngs Dir | 4 star | 8.17 | 11.06 | 9.02 | 1.09 | 1,972 | 9.40 | 1.00 (90) | 7yrs 11mo | 32.60 |
| Mirae Asset Eqt Svngs Dir | 5 star | 4.49 | 13.40 | — | 0.41 | 583 | 12.52 | 1.00 (365) | 3yrs 9mo | 402.00 |
| Mahindra Mnulife Eqt Svngs Dhan Sanchay Yjn Dir | 4 star | 4.90 | 14.06 | 9.64 | 0.62 | 444 | 10.61 | 1.00 (365) | 5yrs 7mo | 356.00 |
Portfolio Analysis
| Number of Stocks | 36 |
| Number of Bonds | 5 |
| Average Maturity (yrs) | 0.89 |
| Top 10 Holdings | 46.61% |
| Portfolio P/B Ratio | 2.45 |
| Portfolio P/E Ratio | 16.32 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,61,230 | 1,93,222 |
| Giant (%) | 66.91 | 58.91 |
| Large (%) | 26.82 | 23.83 |
| Mid (%) | 6.27 | 13.51 |
| Small (%) | — | 4.58 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 65 | 89 |
| Modified Duration (yrs) | 0.78 | 1.11 |
| Average Maturity (yrs) | 0.89 | 1.84 |
| Yield to Maturity (%) | 6.09 | 6.12 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Nippon India Equity Savings Fund
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