October 1, 2022
mayank
Nippon India Nifty Alpha Low Volatility 30 Index Fund
NAV Growth: Rs 10.0796
NAV IDCW: Rs 10.0796
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 provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Alpha Low Volatility 30 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) | 1,000 |
| 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-Aug-22 |
| Return Since Launch | 0.80% |
| Benchmark | Nifty Alpha Low-Volatility 30 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 51 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.30% |
| (As on 31-Aug-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Nippon India Nifty Alpha Low Volatility 30 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Nifty Alpha Low Volatility 30 Index Dir | — | 0.91 | -0.35 | — | — | — | — | — | — | — |
| S&P BSE 100 TRI | — | 1.57 | -3.54 | — | — | — | — | — | — | — |
| Equity: Large Cap | — | 1.43 | -3.04 | — | — | — | — | — | — | — |
| Rank within category | — | 89 | 1 | — | — | — | — | — | — | — |
| Number of funds in category | 79 | 93 | 92 | 88 | 88 | 76 | 59 | 50 | 48 | 0 |
Nippon India Nifty Alpha Low Volatility 30 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 Alpha Low Volatility 30 Index Dir | Unrated | — | — | — | 0.30 | 51 | 0.80 | — | 0yrs 1mo | — |
| Axis Bluechip Dir | 5 star | -6.61 | 12.92 | 14.16 | 0.55 | 36,980 | 15.13 | 1.00 (365) | 9yrs 9mo | 45.00 |
| Mirae Asset Large Cap Dir | 4 star | -1.92 | 16.03 | 12.87 | 0.49 | 33,747 | 16.56 | 1.00 (365) | 9yrs 9mo | 21.00 |
| ICICI Pru Bluechip Dir | 5 star | 1.62 | 16.37 | 12.60 | 1.05 | 33,739 | 14.65 | 1.00 (365) | 9yrs 9mo | 28.00 |
| UTI Mastershare Dir | 4 star | -1.98 | 17.06 | 13.23 | 1.03 | 10,570 | 13.68 | 1.00 (365) | 9yrs 9mo | 34.00 |
Portfolio Analysis
| No. of Stocks | 30 |
| Top 10 Stocks | 39.61% |
| Top 5 Stocks | 20.75% |
| Top 3 Sectors | 50.66% |
| Portfolio P/B Ratio | 4.47 |
| Portfolio P/E Ratio | 29.23 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,78,057 | 2,84,979 |
| Giant (%) | 46.15 | 62.49 |
| Large (%) | 49.86 | 29.57 |
| Mid (%) | 3.99 | 10.24 |
| Small (%) | — | 1.92 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Nippon India Nifty Alpha Low Volatility 30 Index Fund
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/LsY6zN
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