October 3, 2022
mayank
Nippon India Quant Fund
NAV Growth: Rs 42.9271
NAV IDCW: Rs 24.6255
NAV Bonus: Rs 42.9271
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 generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected on the basis of a Quant model.
Fund Manager:
1) Ashutosh Bhargava
Education: Mr. Bhargava is B.Com & MBA (Finance)
Experience: Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.
2) Arun Sundaresan
Education: Mr. Sundaresan is CFA(USA), PGDEM, B.E Hons
Experience: Prior to joining Nippon India Mutual Fund he has worked with Cholamandalam Distribution Services Limited.
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 30 days |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 11.83% |
| Benchmark | S&P BSE 200 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 34 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.30% |
| (As on 31-Aug-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 118.00% |
Nippon India Quant Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Quant Dir | 2.28 | 1.6 | -2.72 | 11.64 | 0.04 | 2.45 | 17.26 | 11.94 | 12 | — |
| S&P BSE 500 TRI | 0.45 | 1.57 | -3.22 | 11.32 | 0.7 | 0.14 | 18.34 | 13.06 | 13.71 | — |
Nippon India Quant 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 Quant Dir | Unrated | 2.45 | 17.26 | 11.94 | 0.30 | 34 | 11.83 | 0.25 (30) | 9yrs 9mo | 118.00 |
| ICICI Pru Ind Opp Dir | Unrated | 10.46 | 26.74 | — | 0.77 | 5,773 | 20.82 | 1.00 (365) | 3yrs 8mo | 69.00 |
| ICICI Pru Business Cycle Dir | Unrated | 4.84 | — | — | 0.64 | 5,095 | 19.01 | 1.00 (30) | 1yrs 8mo | 63.00 |
| ICICI Pru Hsng Opp Dir | Unrated | — | — | — | 0.33 | 3,066 | 4.80 | 1.00 (30) | 0yrs 5mo | 29.00 |
| ABSL Business Cycle Dir | Unrated | — | — | — | 0.40 | 2,399 | 1.80 | 1.00 (30) | 0yrs 10mo | — |
Portfolio Analysis
| No. of Stocks | 35 |
| Top 10 Stocks (*) | –% |
| Top 5 Stocks (*) | –% |
| Top 3 Sectors (*) | –% |
| Portfolio P/B Ratio (*) | 3.21 |
| Portfolio P/E Ratio | 22.08 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,18,229 | 1,21,140 |
| Giant (%) | 61.66 | 42.51 |
| Large (%) | 23.62 | 27.96 |
| Mid (%) | 14.71 | 28.05 |
| Small (%) | — | 7.78 |
| Tiny (%) | — | 0.14 |
Chanakya’s Mutual Fund Guidance For Nippon India Quant Fund
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://www.ni-mf.in/LsK297
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