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
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 9.33 | 0.17 | 0.54 | 12.28 | 24.35 | 56.28 | -- | -- | -- | -- | -- |
| S&P BSE IT TRI | 9.04 | 0.04 | 0.27 | 12.02 | 21.90 | 54.36 | -- | -- | -- | -- | -- |
| Equity: Sectoral-Technology | 7.35 | 0.01 | 0.31 | 11.21 | 22.49 | 54.15 | -- | -- | -- | -- | -- |
| Rank within category | 2 | 4 | 2 | 3 | 2 | 2 | -- | -- | -- | -- | -- |
| Number of funds in category | 7 | 7 | 7 | 7 | 7 | 5 | 4 | 4 | 4 | 3 | 3 |
As on 22-Jan-2021
| 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 | Jun-20 | -- | -- | -- | 0.22 | 844 | |
| ICICI Prudential IT ETF | Invest Now | Aug-20 | -- | -- | -- | 0.22 | 1,738 | |
| ICICI Prudential Technology Fund | Invest Now | Mar-00 | 70.03 | 26.79 | 20.80 | 2.53 | 1,185 | |
| Aditya Birla Sun Life Digital India Fund | Invest Online | Jan-00 | 59.76 | 25.60 | 21.53 | 2.63 | 861 | |
| Tata Digital India Fund - Regular Plan | Invest Online | Dec-15 | 57.61 | 26.20 | 20.16 | 2.49 | 813 |
| 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) | -4.42 (13-Oct-2020 - 12-Nov-2020) |
| Quarter | 43.83 (14-Jul-2020 - 13-Oct-2020) | 16.15 (03-Aug-2020 - 02-Nov-2020) |
| Year | -- ( - ) | -- ( - ) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -- | -- | -- | -- | -- | -- |
| S&P BSE IT TRI* | 30.28 | 23.26 | 1.10 | 2.13 | -- | -- |
| Equity: Sectoral-Technology* | 25.83 | 21.51 | 0.98 | 1.54 | 0.87 | -1.15 |
| 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 31-Dec-2020
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| Number of Stocks | 10 |
| Top 10 Stocks (%) | 99.95 |
| Top 5 Stocks (%) | 80.32 |
| Top 3 Sectors (%) | 99.95 |
| Portfolio P/B Ratio | 7.22 |
| Portfolio P/E Ratio | 29.93 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 2,88,872 | 2,11,033 |
| Giant (%) | 70.93 | 63.87 |
| Large (%) | 22.60 | 14.60 |
| Mid (%) | 6.47 | 11.78 |
| Small (%) | -- | 15.59 |
| Tiny (%) | -- | 0.05 |
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| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
|
Infosys | Technology | 30.70 | 28.34 | 26.03 | 26.51 |
|
Tata Consultancy Services | Technology | 39.69 | 26.75 | 23.09 | 25.67 |
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HCL Technologies | Technology | 20.24 | 9.74 | 9.00 | 9.44 |
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Tech Mahindra | Technology | 23.79 | 10.97 | 9.27 | 9.43 |
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Wipro | Technology | 24.03 | 9.95 | 9.27 | 9.27 |
|
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Info Edge (India) | Services | 142.93 | 9.45 | 8.06 | 9.01 |
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L&T Infotech | Technology | 37.75 | 4.15 | 3.36 | 4.15 |
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Mphasis | Technology | 23.88 | 3.59 | 3.12 | 3.16 |
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MindTree | Technology | 29.54 | 2.12 | 1.56 | 2.12 |
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Coforge | Technology | 34.49 | 1.30 | 1.12 | 1.19 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— 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:
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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.
| Minimum Investment (₹) | 5,000 |
| Minimum Addl Investment (₹) | -- |
| Minimum SIP Investment (₹) | -- |
| Minimum No of Cheques | -- |
| Minimum Withdrawal (₹) | -- |
| Minimum Balance (₹) | -- |
| Exit Load | 0 |
| Fund House: | Nippon India Mutual Fund |
| Launch Date: | 26-Jun-2020 |
| Return Since Launch: | 80.95% |
| Benchmark: | NIFTY IT TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | ₹ 844 Cr (As on 31-Dec-2020) |
| Expense: | 0.22% (As on 31-Dec-2020) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | -- |
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
Saturday, 23-Jan-2021
04:00 PM - 04:30 PM