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Nippon India Focused Equity Fund Direct-Growth rating rating rating rating rating Nippon India Focused Equity Fund Direct-Growth 2 5 Nippon India Focused Equity Fund Direct-Growth Nippon India Focused Equity Fund Direct-Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. Invest now! Paisabazaar

Equity Multi Cap

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

15.61%

3 Yrs CAGR returns

8.08%

5 Yrs CAGR returns

8.44%

NAV as on 27 Dec

₹ 51.07 by 0.60 ( -1.30%)

Expense ratio

1.22

Exit load

1%

Fund Size (Cr)

₹ 4518.53


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Performance Graph*
Returns Calculator
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If ₹5000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* 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.

investment objective

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.

Tax Implications

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.

riskometer
Top Holdings
Top 10 Sectors %
Financial 35.01
FMCG 9.81
Energy 9.47
Automobile 7.63
Others 7.37
Engineering 6.13
Health Care 5.49
Construction 5.39
4.49
Technology 3.46
Top 10 Sectors %
Banking 7.83
Banking 7.68
Banking 6.91
Others 6.83
Crude Oil & Natural Gas 5.51
Tobacco Prod. 5.01
Drugs & Pharma 4.23
Crude Oil & Natural Gas 3.96
Banking 3.49
Computer Software 3.46
Fund house details
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
Email ID customer_care@reliancemutual.com
More About This Fund

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

Risks

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

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FAQs

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.