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 #19 of 25 in category.
Fund basics
| Category | Hybrid: Equity Savings |
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| NAV | ₹16.10 (as of 2026-10-01) |
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| AUM | ₹771 Cr |
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| Expense ratio | 1.32% |
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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 | 5.43% |
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| Sharpe ratio | 0.11 |
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| Standard deviation | 3.84% |
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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 98.2% of NIFTY 50 Hybrid Short Duration Debt 25:75 Index's upside and 119.9% of its downside.
Market cap allocation
| Large cap | 87.7% |
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| Mid cap | 12.3% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 34.5% |
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| Top 10 holdings | 51.6% |
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| Total holdings | 70 |
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Top holdings
- Net Receivable / Payable — 45.0%
- ICICI Bank Ltd. — 9.1%
- Mahindra & Mahindra Ltd. — 8.6%
- HDFC Bank Ltd. — 7.1%
- Kotak Mahindra Bank Ltd. — 5.0%
- Reliance Industries Ltd — 4.8%
- Bharti Airtel Ltd. — 4.8%
- 7.32% Government of India — 4.7%
- Ashok Leyland Ltd. — 3.7%
- Grasim Industries Ltd — 3.5%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −1.8% | Q4 (Bottom) | #21 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 |