October 1, 2022
mayank
Nippon India Nifty 50 Value 20 Index Fund
NAV Growth: Rs 12.1093
NAV IDCW: Rs 12.1093
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.
This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 50 Value 20 Index before expenses, 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) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 60 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 19-Feb-21 |
| Return Since Launch | 12.61% |
| Benchmark | NIFTY 50 Value 20 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 198 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.20% |
| (As on 31-Aug-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 22.00% |
Nippon India Nifty 50 Value 20 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Nifty 50 Value 20 Index Dir | -5.06 | 0.71 | -3.79 | 6.4 | -4.98 | -3.7 | — | — | — | — |
| S&P BSE 100 TRI | 0.91 | 1.57 | -3.54 | 10.19 | 0.13 | -0.3 | — | — | — | — |
| Equity: Value Oriented | 1.13 | 1.44 | -2.24 | 11.29 | 1.64 | 1.82 | — | — | — | — |
| Rank within category | 21 | 23 | 22 | 22 | 22 | 20 | — | — | — | — |
| Number of funds in category | 22 | 24 | 24 | 22 | 22 | 21 | 16 | 14 | 14 | 1 |
Nippon India Nifty 50 Value 20 Index 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 Nifty 50 Value 20 Index Dir | Unrated | -3.70 | — | — | 0.20 | 198 | 12.61 | — | 1yrs 7mo | 22.00 |
| ICICI Pru Value Discovery Dir | 4 star | 5.64 | 23.36 | 14.53 | 1.26 | 25,576 | 17.35 | 1.00 (365) | 9yrs 9mo | 77.00 |
| Invesco Ind Contra Dir | 4 star | 2.45 | 19.80 | 14.96 | 0.62 | 9,434 | 17.98 | 1.00 (365) | 9yrs 9mo | 60.00 |
| UTI Value Opp Dir | 4 star | 0.77 | 19.43 | 13.62 | 1.22 | 6,923 | 13.08 | 1.00 (365) | 9yrs 9mo | 24.00 |
| SBI Contra Dir | 5 star | 12.14 | 29.49 | 15.71 | 1.07 | 5,827 | 14.91 | 1.00 (365) | 9yrs 9mo | 51.00 |
Portfolio Analysis
| No. of Stocks | 20 |
| Top 10 Stocks | 77.53% |
| Top 5 Stocks | 60.33% |
| Top 3 Sectors | 72.83% |
| Portfolio P/B Ratio | 3.70 |
| Portfolio P/E Ratio | 17.62 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,20,089 | 1,47,653 |
| Giant (%) | 72.97 | 46.54 |
| Large (%) | 27.03 | 23.85 |
| Mid (%) | — | 24.22 |
| Small (%) | — | 8.58 |
| Tiny (%) | — | 0.48 |
Chanakya’s Mutual Fund Guidance For Nippon India Nifty 50 Value 20 Index Fund
Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.ni-mf.in/LsY603
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