Nippon India Equity Savings Fund
The scheme seeks to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments.
Growthvine rating: 2/5 — ranked #18 of 25 in category.
Fund basics
| Category | Hybrid: Equity Savings |
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| NAV | ₹16.48 (as of 2026-08-21) |
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| AUM | ₹835 Cr |
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| Expense ratio | 1.31% |
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| Riskometer | Moderately High |
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| Fund manager | Dhrumil Shah |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 15 days |
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Performance & risk
| 5-year annualised return | 6.79% |
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| Sharpe ratio | 0.14 |
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| Standard deviation | 3.80% |
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| Max drawdown | -32.61% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 98.9% of NIFTY 50 Hybrid Short Duration Debt 25:75 Index's upside and 117.9% of its downside.
Market cap allocation
| Large cap | 95.4% |
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| Mid cap | 4.6% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 35.0% |
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| Top 10 holdings | 52.1% |
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| Total holdings | 68 |
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Top holdings
- Net Receivable / Payable — 45.6%
- ICICI Bank Ltd. — 9.0%
- Mahindra & Mahindra Ltd. — 8.6%
- HDFC Bank Ltd. — 7.2%
- Eternal Limited — 5.2%
- Reliance Industries Ltd — 5.0%
- Bharti Airtel Ltd. — 5.0%
- 7.32% Government of India — 4.5%
- Kotak Mahindra Bank Ltd. — 4.5%
- Grasim Industries Ltd — 3.1%
Top sectors
- Banking & Financial — 26.2%
- Automobile — 10.4%
- Retail — 5.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 0.6% | Q3 | #18 of 25 |
| 2025 | 6.2% | Q3 | #14 of 22 |
| 2024 | 8.0% | Q4 (Bottom) | #20 of 22 |
| 2023 | 12.3% | Q3 | #14 of 21 |
| 2022 | 3.5% | Q2 | #8 of 19 |