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Unrated

CPSE Exchange Traded Fund


Equity: Thematic-PSU

1 Lakh

Investment declined to
₹ 0.64 Lakh

₹ 10000

Monthly SIP Declined to
₹ 2.51 Lakh

Suitability:

This is a fund that invests mainly in the shares of government-owned companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other PSU fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -27.68 -2.34 -4.59 -3.00 0.75 -28.46 -34.65 -13.76 -7.56 -- --
S&P BSE PSU TRI -28.30 -2.46 -3.27 0.68 5.40 -28.76 -32.67 -14.46 -6.05 -- --
Equity: Thematic-PSU -17.30 -1.90 -3.60 0.82 5.72 -18.32 -17.90 -8.76 -2.08 -- --
Rank within category 3 4 4 4 4 4 3 3 3 -- --
Number of funds in category 3 4 4 4 4 4 3 3 3 2 2

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
CPSE Exchange Traded Fund  | Invest Online
Unrated
Mar-14 -34.65 -13.76 -7.56 0.01 10,813

Best & Worst Performance

Best (Period) Worst (Period)
Week 18.43 (12-May-2014 - 19-May-2014) -17.62 (05-Mar-2020 - 12-Mar-2020)
Month 33.45 (07-May-2014 - 06-Jun-2014) -27.96 (20-Feb-2020 - 23-Mar-2020)
Quarter 38.11 (07-Apr-2014 - 07-Jul-2014) -36.95 (19-Dec-2019 - 19-Mar-2020)
Year 55.13 (29-Feb-2016 - 28-Feb-2017) -46.35 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -10.24 22.51 -0.69 -1.13 0.77 -3.41
S&P BSE PSU TRI -10.41 25.21 -0.62 -0.91 -- --
Equity: Thematic-PSU -5.27 22.51 -0.47 -0.72 0.81 2.24
Rank within category 3 2 3 3 1 3
Number of funds in category 3 3 3 3 3 3

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 12
Top 10 Stocks (%) 98.51
Top 5 Stocks (%) 86.01
Top 3 Sectors (%) 98.13
Portfolio P/B Ratio 0.85
Portfolio P/E Ratio 6.69

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 64,201 39,221
Giant (%) 60.15 30.92
Large (%) 18.79 24.51
Mid (%) 18.58 30.46
Small (%) 2.48 14.11
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up NTPC Energy 13.09 21.79 0.00 20.64
up Power Grid Corporation Energy 9.23 22.37 0.00 20.45
down ONGC Energy 8.95 25.10 17.84 19.01
up Coal India Energy 4.75 20.84 14.82 18.77
down Bharat Electronics Engineering 12.95 7.14 3.34 7.14
down NMDC Metals 7.10 5.82 0.00 5.03
down NHPC Energy 6.47 3.91 0.00 3.39
down Oil India Energy 2.75 3.54 2.22 2.26
down NBCC India Construction 56.14 1.73 0.00 1.07
down SJVN Energy 5.34 0.83 0.00 0.75
down Cochin Shipyard Services 6.89 0.74 0.00 0.72
down NLC India Energy 4.39 1.03 0.00 0.69

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Vishal Jain since 06-Nov-2018

Education: Mr. Jain is a B.Sc and MBA.

Experience: Prior to joining Reliance Mutual Fund, he has worked Food Ideas Private Ltd. as Founder & CEO, Goldman Sach Asset Management as CIO and Benchmark Asset Management Company Ltd as CIO.

Funds Managed:


-2.34%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 17.0152


Investment Strategy

The scheme seeks to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the CPSE Index, by investing in the Securities which are constituents of the CPSE Index in the same proportion as in the index.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) 100
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 28-Mar-2014
Return Since Launch: -2.18%
Benchmark: NIFTY CPSE TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 10,813 Cr (As on 30-Jun-2020)
Expense: 0.01% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --
Turnover: 21.00%

Contact Information

AMC: Nippon India Life Asset Management Ltd.

Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055

Phone: 022-68334800 / 18602660111

Fax: 022-33037662

Email: [email protected]

Website: http://www.nipponindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM