Review of Nippon India Nifty Realty Index Fund NFO
November 6, 2024
RA Jainee
Review of Nippon India Nifty Realty Index Fund NFO @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of NIFTY Realty TRI
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -8.87 | 27.65 | 65.76 | 30.02 | -0.00 |
| Total Return | -8.87 | 27.98 | 66.22 | 30.47 | 0.56 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 27.43 | 30.42 | 39.56 |
| Beta (NIFTY 50) | 1.34 | 1.11 | 1.40 |
| Correlation (NIFTY 50) | 0.66 | 0.69 | 0.75 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 47.56 | 5.69 | 0.38 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| DLF Ltd. | 22.90 |
| Macrotech Developers Ltd. | 14.60 |
| Godrej Properties Ltd. | 14.48 |
| Phoenix Mills Ltd. | 12.35 |
| Prestige Estates Projects Ltd. | 12.02 |
| Oberoi Realty Ltd. | 10.08 |
| Brigade Enterprises Ltd. | 7.09 |
| Sobha Ltd. | 2.48 |
| Raymond Ltd. | 2.38 |
| Mahindra Lifespace Developers Ltd. | 1.62 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Himanshu Mange
| Fund | Nippon India ETF BSE Sensex Next 50 | It’s Benchmark | Nippon India ETF Nifty 100 | It’s Benchmark |
| 1 Year | 44.37 | 30.53 | 30.68 | 30.53 |
| 3 Year | 19.60 | 13.43 | 12.14 | 13.43 |
| 5 Year | 21.65 | 17.77 | 16.17 | 17.77 |
| 7 Year | — | — | 13.06 | 14.38 |
| 10 Year | — | — | 12.11 | 13.23 |
As on 6-11-2024
Note on Fund Managers’ performance
[ C ] Conclusion
Considering above two aspects of this NFO, I donot recommend large investment in this NFO. This being NFO of sectoral nature, small investment may be made.