October 3, 2022
mayank
Nippon India Power & Infra Fund
NAV Growth: Rs 173.6326
NAV IDCW: Rs 43.5231
NAV Bonus: Rs 173.6326
Suitable For Which Investors?
This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.
We believe that investors should avoid funds that have a narrowly defined investment mandate 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 long term capital appreciation by investing in equity/equity related instruments of the companies that are engaged in or allied to the power and infrastructure space in India.
Fund Manager:
1) Sanjay Doshi
Education: ACA, MBA (Finance), Cleared CFA Level III
Experience: Prior to joining Nippon India AMC as Fund Manager – Equity, he was associated with RNLAM as Sr. Analyst Equity Investment (01-Feb-2011 to 01-Jan-2017), Macquarie Capital Securities (India) Pvt Ltd – Analyst Equity Research (Aug 2007 to Dec 2010), JP Morgan Services (India) Pvt Ltd – Associate Convertible Bonds Research (Sept 2005 to Jul 2007).
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 | 1% for redemption within 30 days |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 11.46% |
| Benchmark | NIFTY Infrastructure TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,825 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 1.56% |
| (As on 31-Aug-2022) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
| Turnover | 58.00% |
Nippon India Power & Infra Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Power & Infra Dir | 5.39 | 1.29 | -0.02 | 18.54 | 8.89 | 6.45 | 20.63 | 9.46 | 13.01 | — |
| S&P BSE India Infrastructure TRI | 6.33 | 1.19 | -6.59 | 10.56 | 1.19 | 6.41 | 19.71 | 7.9 | 11.18 | — |
| Equity: Sectoral-Infrastructure | 5.88 | 1.57 | -1.48 | 15.37 | 7.22 | 8.3 | 21.83 | 11.58 | 13.15 | — |
| Rank within category | 9 | 17 | 1 | 2 | 6 | 13 | 10 | 15 | 13 | — |
| Number of funds in category | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 0 |
Nippon India Power & Infra 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 Power & Infra Dir | 2 star | 6.45 | 20.63 | 9.46 | 1.56 | 1,825 | 11.46 | 1.00 (30) | 9yrs 9mo | 58.00 |
| ICICI Pru Infrastructure Dir | 4 star | 12.94 | 23.25 | 13.54 | 1.67 | 2,117 | 13.45 | 1.00 (15) | 9yrs 9mo | 64.00 |
| SBI Infrastructure Dir | 4 star | 8.38 | 20.51 | 13.53 | 1.94 | 906 | 12.82 | 0.50 (30) | 9yrs 9mo | 60.00 |
| Quant Infrastructure Dir | 5 star | 17.93 | 40.03 | 22.76 | 0.64 | 667 | 16.76 | 0.50 (90) | 9yrs 9mo | 19.00 |
| Kotak Infra & Eco Reform Dir | 4 star | 12.99 | 23.34 | 12.80 | 1.12 | 646 | 16.66 | 1.00 (90) | 9yrs 9mo | 13.36 |
Portfolio Analysis
| No. of Stocks | 37 |
| Top 10 Stocks (*) | –% |
| Top 5 Stocks (*) | –% |
| Top 3 Sectors (*) | –% |
| Portfolio P/B Ratio (*) | 2.74 |
| Portfolio P/E Ratio | 19.88 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 52,915 | 65,111 |
| Giant (%) | 28.88 | 29.89 |
| Large (%) | 25.26 | 20.34 |
| Mid (%) | 18.22 | 28.60 |
| Small (%) | 27.63 | 23.03 |
| Tiny (%) | — | 1.75 |
Chanakya’s Mutual Fund Guidance For Nippon India Power & Infra Fund
Do not invest in this, or any other infrastructure fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.ni-mf.in/LsK293
Stock Research Reports:
https://www.analysislibrary.com/
NFO Guidance:
https://sahifund.com/category/nfos/
Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
Join Chanakya’s Telegram Channel @
https://t.me/chanakyanipothi