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 #20 of 25 in category.
Fund basics
| Category | Hybrid: Equity Savings |
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| NAV | ₹16.02 (as of 2026-10-23) |
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| AUM | ₹744 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 | -0.07 |
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| Standard deviation | 3.99% |
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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 | 91.2% |
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| Mid cap | 8.8% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 32.0% |
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| Top 10 holdings | 49.7% |
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| Total holdings | 71 |
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Top holdings
- Net Receivable / Payable — 39.3%
- ICICI Bank Ltd. — 8.3%
- HDFC Bank Ltd. — 7.3%
- Mahindra & Mahindra Ltd. — 6.0%
- Reliance Industries Ltd — 5.3%
- Kotak Mahindra Bank Ltd. — 5.1%
- Bharti Airtel Ltd. — 4.8%
- 7.32% Government of India — 3.4%
- Ashok Leyland Ltd. — 3.4%
- Brookfield India Real Estate Trust — 3.3%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −2.2% | Q4 (Bottom) | #23 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 |