Nippon India Focused Equity Fund Direct-Growth is a Focused mutual fund offered by Nippon India Mutual Fund. This fund was established on January 1, 2013, making it 11 years old. Nippon India Focused Equity Fund Direct-Growth has assets under management (AUM) of ₹8,585 Crores, making it a medium-sized fund in its category.
The majority of the fund’s assets are invested in the capital goods, automotive, financial, services and technology sectors. Compared to other funds in the category, it has taken on less exposure in the Financial and Services sectors.
Nippon India Focused Equity Fund Performance
The last year’s direct growth returns for Nippon India Focused Equity Fund were 36.05%. It has generated 19.07% average yearly returns since its debut. Every four years, the fund doubles the amount invested in it.
The Nippon India Focused Equity Fund Direct-Growth scheme can often produce returns that are similar to other offerings in its category. Its capacity to manage losses in a declining market is below average.
Nippon India Focused Equity Fund Returns
| Period | Nippon India Focused Equity Fund | Category average |
|---|---|---|
| 1 month | 1.33% | 1.66% |
| 3 months | 14.22% | 11.33% |
| 6 months | 17.68% | 19.77% |
| 1 year | 36.35% | 40.83% |
| 3 years | 19.45% | 19.76% |
| 5 years | 23.94% | 22.7% |
Nippon India Focused Equity Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
HDFC Bank Ltd.
|
Financial | Equity | 8.81% |
|
ICICI Bank Ltd.
|
Financial | Equity | 7.70% |
|
Axis Bank Ltd.
|
Financial | Equity | 5.28% |
|
Kotak Mahindra Bank Ltd.
|
Financial | Equity | 5.02% |
|
Honeywell Automation India Ltd.
|
Capital Goods | Equity | 4.92% |
Nippon India Focused Equity Fund Suitability
If you invest for five years or longer, you can expect profits that outperform both inflation and fixed income returns. However, you can expect your investment value to fluctuate along the way.