Nippon India Focused Equity Fund Direct-Growth
Equity Multi Cap
PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth
1 Yr return
3 Yrs CAGR returns
5 Yrs CAGR returns
NAV as on 27 Dec
₹ 51.07 by 0.60 ( -1.30%)
Fund Size (Cr)
Show NAV for:
If ₹5000 invested for 1
with % annual returns
* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More
The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.
The fund seeks to generate long term capital appreciation by investing in a portfolio of equity & equity related securities up to 30 companies across market capitalization.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
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|Top 10 Sectors||%|
|Top 10 Sectors||%|
|Crude Oil & Natural Gas||5.51|
|Drugs & Pharma||4.23|
|Crude Oil & Natural Gas||3.96|
|Fund House||Reliance Mutual Fund|
|Fund Manager||Kinjal Desai|
|Fund Setup Date||01 Jan 2013|
|Address||Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East)|
|Contact||(022) 33031000 / 1800 300 11111|
About Nippon India Focused Equity Fund (Formerly Reliance Focused Equity Fund)
Nippon India Focused Equity Fund is an open ended equity fund of which the primary investment objective of the scheme is to generate long-term capital growth. It predominantly invests in an active and concentrated portfolio of equity & equity related instruments up to 30 companies across market capitalization.
The secondary objective of the scheme is to generate consistent returns by investing in debt, money market securities, REITs and InvITs. The fund adopts a combination of top-down and bottom-up investment approach to identify sector and stock weightage in the portfolio. The portfolio is well diversified across stocks & themes.
Who Should Invest?
- Investors ready to invest for a long term
- Investors with financial goal of capital appreciation
- Investors looking for diverse and flexible portfolio that takes a multi-cap approach in equity investments
Focused funds have concentration risks and investors having an appetite for moderate high risks should think of investing in this scheme. It strategizes for high risk-return profile keeping the number of firms limited.
Will You Pay Tax?
If you withdraw or redeem the units before one year of investment, Short Term Capital Gains Tax of 15% is levied. Whereas, Long Term Capital Gains Tax above ₹1 lakh will be taxed at 10% after completion of 1 year of investment.
Let’s say, an individual has ₹2 lakh disposable taxable income in a given financial year, and s/he decides to invest the amount in ELSS. ₹1.5 lakh out of this amount would be exempted from any taxation.₹50,000 would be taxed as per the income tax slab of the investor.
It should be noted that the investment in ELSS remains locked-in for 3 years.
The returns from ELSS are taxed like that from any other equity mutual fund scheme. However, since the units can’t be redeemed before 3 years of investment, only Long Term Capital Gains Tax of 10% above ₹1 lakh will be levied.
Suppose an investor has made a capital gain of ₹1.5 lakh on investment in this scheme, and withdraws the amount after 1 year of investment, Long Term Capital Gains Tax of 10% would be levied on ₹50000. ₹1Lakh is exempted from taxation. The payable tax would be ₹5000.
How to Invest in Nippon India Focused Equity Fund?
- Sign Up/Sign In to Paisabazaar.com and go to ‘Browse by AMCs’
- Click on the section of Nippon India Asset Management Company Ltd.
- Scroll or type and search directly by the name of the Nippon India Focused Equity Fund. Once it opens up, look at the details. You can also compare similar funds as well as use SIP Calculator or Lumpsum Calculator to estimate the future value of your investment.
- Click on ‘Invest Now’, select either Lump sum or SIP
Why Should You Choose Paisabazaar?
- Trusted website, no commission charges and no paperwork
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- Easy to browse as Funds are segregated under Equity, Debt, Large Cap, ELSS, etc. You can further add filters of ratings, returns, fund houses
- Important scheme details such as latest Net Asset Value (NAV), expense ratio, assets under management, etc are also available on the portal, making it easier for consumers to pick a suitable fund
Q. What is the meaning of multi cap?
A. SEBI classifies all Indian companies on the basis of their capital accruement. It is classified in to large, medium and small companies. The top 100 are large, the next 250 are medium sized and the rest are small ones. When a fund invests in companies of multiple types of capitalizations, it is known as a multi capitalization fund or multi cap fund.
Q. Does Nippon India Focused Equity Fund come under Section 80C or offers tax benefits?
A. Nippon India Focused Equity Fund is not a tax saver fund and does not come under Section 80C.
Q. Is it beneficial to invest via open-ended (lumpsum) or SIP?
A. SIP is considered an efficient and convenient mode of investment that is profitable for long-term investors. It also reduces financial burden as one needs to invest periodically and one can start with amount as low as Rs. 500 per month.
Q. What is the entry load for this fund?
A. There is no applicable entry load on the aforementioned fund.
Q. What is the exit load for this scheme?
A. If an investor redeems the purchased units within 1 year of allotment of units, an exit load of 1% is payable by the investor. However, no exit load is levied for redemption of units after 1 year of purchase.
Q. Is there any lock-in period for investment in this scheme?
A. No. Investors can redeem their investment as per their wish and needs.
Q. What is the fund manager’s style of investment?
A. Mr. Vinay Sharma strategies revolves around niche ideas, focuses on good quality companies and an optimal mix of Growth and Value plays.