With 28.1% Annualised Returns On 1 Year SIP, This Equity Mutual Fund Is Good To Invest, Details Inside

Nippon India Consumption Fund is an Equity Mutual fund from the house of Nippon India Mutual Fund, a leading Asset Management Company. The scheme seeks long-term capital appreciation by investing at least 80% of its net assets in equity or equity-related instruments of the companies that are likely to benefit directly or indirectly from the domestic consumption-led demand. Below are the fund's details.

Nippon India Consumption Fund

Nippon India Consumption Fund is an 18-year-old open-ended Thematic-Consumption category Mutual fund launched on 30 September 2004, according to the Nippon India Mutual Fund's official website. The fund has Rs 273 crore in Asset Under Management (AUM) as of 31 October 2022, and its Net Asset Value (NAV) as of 11 November 2022 under the fund's Direct Plan-Growth option is Rs 142.7311. It is a medium-sized equity fund of its category with no lock-in period. The fund has a Flexi cap structure, allowing it to participate across market caps. Its benchmark is the NIFTY India Consumption Total Return Index. The fund has been rated 5-star by Value Research. However, it has also been rated very high-risk for investments as per SEBI's Riskometer. The fund is currently managed by the Fund Manager Mr Amar Kalkundrikar, according to the Fund's official website.

Investment Details

• Minimum Investment - Rs 5,000
• Minimum SIP Investment - Rs 100
• Minimum Additional Investment - Rs 1,000
• Minimum withdrawal - Rs 100
• Exit Load - 1% for redemption within 30 days of investments
• Expense Ratio - 1.53% as on 30 September 2022

Annualised Returns

Lump-Sum Investment Returns

The Direct-Growth option of the scheme has given (absolute returns) 13.34% in 1 year, 99.76% in the last three years, and 259.61% since its inception. Compared to its peer funds, it has offered the highest annualised returns in 1 and 2 years. It has given 13.86% annual average returns on investments since its inception.

Investment Tenure	Returns
1 Year	13.34%
2 Year	35.28%
3 Year	25.91%
5 Year	16.11%

SIP Investment Returns

SIP Tenure	Returns
1 Year	28.10%
2 Year	26.81%
3 Year	30.24%
5 Year	23.24%

Portfolio

As the fund is an equity mutual fund, its majority of investments are in Equity, around 93.56%, followed by 6.38% in cash and cash equivalent instruments and the rest 0.06% in debt. The fund's equity investment is allocated 23.45% in giant stocks, 29.06% in large stocks, 27.08% in mid stocks, and 20.40% in small stocks. The average market cap is Rs 45,619 crore. The fund has investments in around 31 stocks.

The fund has well-diversified investments across key segments. It has major investments in segments such as Consumer Staples, Services, Consumer Discretionary, Automobile, Healthcare Services, Insurance, Communication, and materials.

The top 5 holding of the fund includes ITC (6.59%), Westlife Development (5.56%), Hindustan Unilever (5.33%), Bharti Airtel (4.20%), and United Spirit (4.06%).
 
 
 

 

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.