September 24, 2022
mayank
Nippon India Index Fund – S&P BSE Sensex Plan
NAV Growth: Rs 30.4228
NAV IDCW Yearly: Rs 24.1996
NAV IDCW Quarterly: Rs 24.2013
NAV IDCW Half Yearly: Rs 24.1677
NAV Bonus: Rs 30.4228
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 of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to replicate the composition of the Sensex, with a view to generate returns that are commensurate with the performance of the Sensex, subject to tracking errors.
Nippon India Index Fund – S&P BSE Sensex Plan 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) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 7 days |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 12.68% |
| Benchmark | S&P BSE Sensex TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 330 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.15% |
| (As on 31-Aug-2022) | |
| Risk Grade | Average |
| Return Grade | High |
| Turnover | 12.00% |
Nippon India Index Fund – S&P BSE Sensex Plan Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Index S&P BSE Sensex Dir | 0.69 | -1.72 | -1.6 | 11.41 | 1.57 | -1.96 | 15.12 | 13.71 | 13.13 | — |
| S&P BSE 100 TRI | 2.36 | -1.77 | -0.86 | 13.25 | 3.04 | -0.13 | 16.4 | 12.92 | 13.65 | — |
| Equity: Large Cap | 1.1 | -1.73 | -0.12 | 14.08 | 3.19 | -0.9 | 15.41 | 11.9 | 12.7 | — |
| Rank within category | 51 | 54 | 84 | 80 | 53 | 55 | 34 | 3 | 15 | — |
| Number of funds in category | 79 | 93 | 92 | 88 | 87 | 76 | 59 | 50 | 48 | 0 |
Nippon India Index Fund – S&P BSE Sensex Plan 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 Index S&P BSE Sensex Dir | 4 star | -1.96 | 15.12 | 13.71 | 0.15 | 330 | 12.68 | 0.25 (7) | 9yrs 8mo | 12.00 |
| Axis Bluechip Dir | 5 star | -7.71 | 13.10 | 14.09 | 0.55 | 36,980 | 15.27 | 1.00 (365) | 9yrs 8mo | 45.00 |
| Mirae Asset Large Cap Dir | 4 star | -2.19 | 15.75 | 12.73 | 0.49 | 33,747 | 16.68 | 1.00 (365) | 9yrs 8mo | 21.00 |
| ICICI Pru Bluechip Dir | 5 star | 1.59 | 16.47 | 12.63 | 1.05 | 33,739 | 14.78 | 1.00 (365) | 9yrs 8mo | 28.00 |
| UTI Mastershare Dir | 4 star | -2.87 | 16.71 | 13.04 | 1.03 | 10,570 | 13.77 | 1.00 (365) | 9yrs 8mo | 34.00 |
Portfolio Analysis
| No. of Stocks | 30 |
| Top 10 Stocks | 66.74% |
| Top 5 Stocks | 47.02% |
| Top 3 Sectors | 72.81% |
| Portfolio P/B Ratio | 3.65 |
| Portfolio P/E Ratio | 24.20 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 5,11,244 | 2,84,979 |
| Giant (%) | 93.66 | 62.49 |
| Large (%) | 6.34 | 29.57 |
| Mid (%) | — | 10.24 |
| Small (%) | — | 1.92 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Nippon India Index Fund – S&P BSE Sensex Plan
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.ni-mf.in/LswyQb
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