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Unrated

Nippon India ETF Nifty IT - Regular Plan


Suitability:

This is a fund that invests mainly in shares of companies in the information technology sector.

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 technology sector fund, if you need to redeem your investment in less than seven 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 -- -0.68 -3.54 8.00 27.37 -- -- -- -- -- --
S&P BSE IT TRI -- -0.42 -2.50 9.69 27.87 -- -- -- -- -- --
Equity: Sectoral-Technology -- -0.34 -2.32 6.20 25.73 -- -- -- -- -- --
Rank within category -- 7 6 1 3 -- -- -- -- -- --
Number of funds in category 5 7 7 7 6 5 5 5 4 4 4

As on 19-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India ETF Nifty IT - Regular Plan  | Invest Online
Unrated
Jun-20 -- -- -- 0.22 708
ICICI Prudential IT ETF  | Invest Now
Unrated
Aug-20 -- -- -- 0.22 1,325
ICICI Prudential Technology Fund  | Invest Now
Unrated
Mar-00 43.21 25.96 14.75 2.51 692
Aditya Birla Sun Life Digital India Fund  | Invest Online
Unrated
Jan-00 37.19 25.27 15.93 2.63 611
Tata Digital India Fund - Regular Plan  | Invest Online
Unrated
Dec-15 36.06 26.83 -- 2.61 540

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.38 (14-Jul-2020 - 21-Jul-2020) -4.26 (17-Sep-2020 - 24-Sep-2020)
Month 22.80 (01-Jul-2020 - 31-Jul-2020) -1.44 (31-Jul-2020 - 01-Sep-2020)
Quarter 43.83 (14-Jul-2020 - 13-Oct-2020) 27.63 (16-Jul-2020 - 15-Oct-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE IT TRI* 27.82 22.57 1.01 1.90 -- --
Equity: Sectoral-Technology* 23.98 20.87 0.91 1.39 0.87 -0.86
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 10
Top 10 Stocks (%) 99.94
Top 5 Stocks (%) 81.31
Top 3 Sectors (%) 99.94
Portfolio P/B Ratio 6.68
Portfolio P/E Ratio 25.43

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,42,374 1,69,287
Giant (%) 71.83 63.91
Large (%) 21.59 13.47
Mid (%) 6.57 11.56
Small (%) -- 15.50
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 Tata Consultancy Services Technology 33.53 26.40 23.09 26.40
up Infosys Technology 27.12 28.34 26.11 26.11
up HCL Technologies Technology 19.59 9.74 9.38 9.69
up Wipro Technology 20.56 9.95 9.49 9.59
up Tech Mahindra Technology 20.32 10.97 9.52 9.52
up Info Edge (India) Services -- 8.70 8.16 8.70
up Mphasis Technology 20.53 3.59 3.22 3.59
up L&T Infotech Technology 32.74 3.82 3.36 3.36
up MindTree Technology 26.83 1.74 1.56 1.74
up Coforge Technology 35.78 1.30 1.14 1.24

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-Sep-2020

Fund Manager

— Mehul Dama since 24-Jun-2020

Education: Mr. Dama has done C.A. & B.Com

Experience: Prior to joining Reliance Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.

Funds Managed:


-0.68%

Change from previous, NAV as on 19-Oct-2020

Growth: ₹ 21.4458


Investment Strategy

The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the NIFTY IT Index before expenses, subject to tracking errors.

Investment Details

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

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 26-Jun-2020
Return Since Launch: 45.30%
Benchmark: NIFTY IT TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 708 Cr (As on 30-Sep-2020)
Expense: 0.22% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --
Turnover: --

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

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