October 1, 2022
mayank
Nippon India Nifty Auto ETF
NAV Growth: Rs 128.3042
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus 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 to provide investment returns closely corresponding to the total returns of the securities as represented by the NIFTY Auto 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) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 20-Jan-22 |
| Return Since Launch | 10.67% |
| Benchmark | NIFTY Auto TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 44 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.21% |
| (As on 31-Aug-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Nippon India Nifty Auto ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon India Nifty Auto ETF | — | 1.61 | -3.93 | 8.99 | 21.2 | — | — | — | — | — |
| S&P BSE 500 TRI | — | 1.57 | -3.22 | 11.32 | 0.7 | — | — | — | — | — |
Nippon India Nifty Auto ETF 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 India Nifty Auto ETF | Unrated | — | — | — | 0.21 | 44 | 10.67 | — | 0yrs 8mo | — |
| ICICI Pru Ind Opp Reg | Unrated | 8.97 | 24.97 | — | 2.10 | 5,773 | 19.02 | 1.00 (365) | 3yrs 8mo | 69.00 |
| ICICI Pru Business Cycle | Unrated | 3.39 | — | — | 1.93 | 5,095 | 17.28 | 1.00 (30) | 1yrs 8mo | 63.00 |
| ICICI Pru Hsng Opp | Unrated | — | — | — | 2.02 | 3,066 | 4.00 | 1.00 (30) | 0yrs 5mo | 29.00 |
| ABSL Business Cycle Reg | Unrated | — | — | — | 1.98 | 2,399 | 0.30 | 1.00 (30) | 0yrs 10mo | — |
Portfolio Analysis
| No. of Stocks | 15 |
| Top 10 Stocks | 87.93% |
| Top 5 Stocks | 68.20% |
| Top 3 Sectors | 99.59% |
| Portfolio P/B Ratio | 4.53 |
| Portfolio P/E Ratio | 65.89 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,09,150 | 1,21,140 |
| Giant (%) | 39.13 | 42.51 |
| Large (%) | 37.60 | 27.96 |
| Mid (%) | 23.27 | 28.05 |
| Small (%) | — | 7.78 |
| Tiny (%) | — | 0.14 |
Chanakya’s Mutual Fund Guidance For Nippon India Nifty Auto ETF
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
Apply Online: https://mf.nipponindiaim.com/
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