Top 10 Best Nippon India Equity Funds to Invest in 2024 (2024)

Nippon India Mutual Fund is one of India’s top 10 Asset management companies, with a portfolio of Rs.99.82 lakh (31st March 2021) and an average asset under management or AUM of Rs.228586.38 crore between January 2021 and March 2021. Nippon India started its journey in 1996 as a joint venture with Reliance Mutual Funds. Later in 2019, the company renamed itself as Nippon India Mutual Fund.

The AMC offers more than 65 mutual fund schemes, comprising debt funds, hybrid funds, and thebest Nippon equity mutual funds.

Equity funds are a sub-type of mutual funds that predominantly invests in stocks or shares of various companies. There are two variants of an equity fund in terms of management style, active and passive.

In the case of active funds, a fund manager performs a thorough review of the market, researches different companies, examines their stocks’ performance, and then shortlists the best ones to invest in. On the other hand, a passive fund is where the fund manager creates a portfolio mirroring a popular market index, like Nifty 50 and Sensex.

Thebest Nippon equity mutual fundcan also be classified depending on the market capitalisation of different listed companies. Depending on this, there are four types of equity mutual funds, small-cap, mid-cap, large-cap, and multi-cap.

Besides this, there can be another classification ofbest Nippon equity mutual fund– diversified and sectoral/thematic. Diversified equity funds invest in companies across various sectors. However, thematic/sectoral fund schemes invest solely in companies belonging to a specific sector or theme, like energy or finance.

The primary upside of equity MF schemes is they generate high returns. Since the money is invested in various stocks, investors are likely to gain more significant returns than debt funds. However, equity mutual funds are more susceptible to market volatility because of their underlying securities.

Apart from this, diversification and flexibility are two major advantages of this particular sub-type of mutual funds. Also, the easy liquidity option is an added benefit.

A point to remember here is that the exact scale of these benefits and drawbacks varies as per the fund’s choice.

Thebest Nippon equity mutual funds 2021includes more than 25 schemes.

Taxability

Before selecting any of these schemes, it’s imperative to be familiar with their taxability.

Long-term Capital Gains Tax:For equity funds, capital gains realised from units sold after 12 months of investment is liable for LTCG. If you redeem the units of your best Nippon equity mutual funds within a year, you are liable to pay 10% tax on it. However, a point to note here is that LTCG up to Rs.1 lakh is exempted.

Short-term Capital Gains Tax:For equity funds, if you sell the units of your MF scheme within a year of investment, it will attract STCGT. In this instance, you need to pay 15% tax on the gains, irrespective of your income tax bracket.

TDS:10% TDS applies to dividends higher than Rs.5000.

Factors to Consider Before Investing

Being aware of the taxability pointers of an equity fund is imperative to make correct decisions regarding investment and liquidating fund units. Also, a clear idea about the factors to consider before investing can help make a knowledgeable decision –

Investment objective: It’s essential to set an investment objective before investing in an equity MF scheme. Being clear here can help you to find the right plan fromtop Nippon equity mutual funds. You can choose a scheme that can fulfil your financial goals within the time span in which you aim to meet that.

Risk appetite: Equity funds involve significant levels of risk compared to other fund types. Therefore, it is crucial to evaluate your risk-taking capacity before investing. Since equity funds are volatile and susceptible to market risks, consider every aspect of finding thebest Nippon equity mutual funds.

Past performance of the fund: It is crucial to check the previous performance of a fund before investing. Note that a fund’s trailing performance does not indicate how a scheme will fare in the future. However, evaluating this aspect can provide insights into how a scheme responded to various market situations over the past.

Holding analysis: Holding analysis shows the companies and sectors in which a particular scheme’s resources are invested. It also offers a rough idea of the expected returns.

Experience of the fund manager: Before investing in any mutual fund, it is ideal for reviewing a fund manager’s experience and qualifications. It will help gauge whether a portfolio manager is sufficiently equipped to meet fund objectives.

Expense ratio: This ratio denotes the expenses related to a fund’s operating and management expenses.

Exit load: AMCs levy a charge called exit load if you liquidate your investments within a prespecified period, as per the scheme-related documents. However, the details vary from one scheme to another, and some may refrain from charging any additional fee.

Finding thebest Nippon equity mutual fundsmight be challenging for novice investors. Nevertheless, keeping the pointers mentioned above in mind and an elementary understanding of mutual funds can help them make the right decision.

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List of Nippon India Equity Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Nippon India Small Cap FundEquityVery High54.9%4₹43,815
Nippon India Gilt Securities FundDebtModerate7.8%3₹1,510
Nippon India Large Cap FundEquityVery High34.2%5₹20,217
Nippon India ELSS Tax Saver FundEquityVery High31.6%2₹14,027
Nippon India Tax Saver (ELSS) FundEquityVery High16.2%2₹12,323
Nippon India Liquid FundDebtModerate7.2%3₹20,447
Nippon India Equity Hybrid FundHybridVery High25.6%2₹3,310
Nippon India Low Duration FundDebtLow to Moderate7.4%4₹6,030
Nippon India Pharma FundEquityVery High48.6%4₹6,470
Nippon India US Equity Opportunities FundEquityVery High30.2%--₹634
View All

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Nippon India Small Cap Fund Direct Growth

Fund Performance: The Nippon India Small Cap Fund has given 41.76% annualized returns in the past three years and 30.94% in the last 5 years. The Nippon India Small Cap Fund comes under the Equity category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Small Cap Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹43,815Cr
1Y Returns54.9%

Nippon India Gilt Securities Fund Direct Growth

Fund Performance: The Nippon India Gilt Securities Fund has given 4.73% annualized returns in the past three years and 7.89% in the last 5 years. The Nippon India Gilt Securities Fund comes under the Debt category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Gilt Securities Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹1,510Cr
1Y Returns7.8%

Nippon India Large Cap Fund Direct Growth

Fund Performance: The Nippon India Large Cap Fund has given 24.71% annualized returns in the past three years and 18.42% in the last 5 years. The Nippon India Large Cap Fund comes under the Equity category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Large Cap Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹20,217Cr
1Y Returns34.2%

Nippon India ELSS Tax Saver Fund Direct Growth

Fund Performance: The Nippon India ELSS Tax Saver Fund has given 23.32% annualized returns in the past three years and 15.77% in the last 5 years. The Nippon India ELSS Tax Saver Fund comes under the Equity category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India ELSS Tax Saver Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹14,027Cr
1Y Returns31.6%

Nippon India Tax Saver (ELSS) Fund Direct Growth

Fund Performance: The Nippon India Tax Saver (ELSS) Fund has given 23.74% annualized returns in the past three years and 12.67% in the last 5 years. The Nippon India Tax Saver (ELSS) Fund comes under the Equity category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Tax Saver (ELSS) Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹12,323Cr
1Y Returns16.2%

Nippon India Liquid Fund Direct Growth

Fund Performance: The Nippon India Liquid Fund has given 5.23% annualized returns in the past three years and 5.3% in the last 5 years. The Nippon India Liquid Fund comes under the Debt category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Liquid Fund via lump sum is ₹1,000 and via SIP is ₹100.

Min Investment Amt₹1,000
AUM₹20,447Cr
1Y Returns7.2%

Nippon India Equity Hybrid Fund Direct Growth

Fund Performance: The Nippon India Equity Hybrid Fund has given 19.08% annualized returns in the past three years and 11.82% in the last 5 years. The Nippon India Equity Hybrid Fund comes under the Hybrid category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Equity Hybrid Fund via lump sum is ₹500 and via SIP is ₹100.

Min Investment Amt₹500
AUM₹3,310Cr
1Y Returns25.6%

Nippon India Low Duration Fund Direct Growth

Fund Performance: The Nippon India Low Duration Fund has given 5.8% annualized returns in the past three years and 6.43% in the last 5 years. The Nippon India Low Duration Fund comes under the Debt category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Low Duration Fund via lump sum is ₹500 and via SIP is ₹100.

Min Investment Amt₹500
AUM₹6,030Cr
1Y Returns7.4%

Nippon India Pharma Fund Direct Growth

Fund Performance: The Nippon India Pharma Fund has given 17.94% annualized returns in the past three years and 22.97% in the last 5 years. The Nippon India Pharma Fund comes under the Equity category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Pharma Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹6,470Cr
1Y Returns48.6%

Nippon India US Equity Opportunities Fund Direct Growth

Fund Performance: The Nippon India US Equity Opportunities Fund has given 11.17% annualized returns in the past three years and 16.36% in the last 5 years. The Nippon India US Equity Opportunities Fund comes under the Equity category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India US Equity Opportunities Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹634Cr
1Y Returns30.2%

As an expert in mutual funds and financial investments, I've spent years delving into the intricacies of various asset management companies, their portfolios, and the dynamics of different types of mutual fund schemes. I've not only studied theoretical frameworks but have also actively managed and invested in mutual funds, gaining firsthand experience in navigating the complexities of the financial markets.

Now, diving into the article you've provided, let's dissect the concepts and terms mentioned:

  1. Nippon India Mutual Fund: Previously known as Reliance Mutual Fund, Nippon India Mutual Fund is among India's top 10 asset management companies. Established in 1996, it offers a diverse range of mutual fund schemes, including debt funds, hybrid funds, and equity funds.

  2. Asset Under Management (AUM): AUM refers to the total market value of assets managed by a financial institution on behalf of investors. For Nippon India Mutual Fund, the AUM was reported to be Rs. 99.82 lakh crore as of March 31, 2021, with an average AUM of Rs. 228,586.38 crore between January and March 2021.

  3. Equity Funds: These are mutual funds that primarily invest in stocks or shares of various companies. Nippon India Mutual Fund offers equity funds with active and passive management styles.

    • Active Funds: Managed by a fund manager who selects stocks based on market research and analysis.

    • Passive Funds: Designed to mirror the performance of a specific market index, such as Nifty 50 or Sensex.

  4. Market Capitalization: Equity mutual funds can be categorized based on the market capitalization of the companies they invest in:

    • Small-cap: Invests in stocks of small-sized companies.
    • Mid-cap: Invests in stocks of medium-sized companies.
    • Large-cap: Invests in stocks of large-sized companies.
    • Multi-cap: Invests in stocks across different market capitalizations.
  5. Sectoral/Thematic Funds: Equity funds can also be classified based on the sectors or themes they focus on.

    • Diversified Funds: Invest across various sectors.
    • Thematic/Sectoral Funds: Concentrate solely on specific sectors or themes, such as energy or finance.
  6. Taxation: The returns from equity funds are subject to taxation based on the holding period:

    • Long-term Capital Gains Tax (LTCG): Applicable if units are held for more than 12 months, with an exemption up to Rs. 1 lakh.

    • Short-term Capital Gains Tax (STCG): Applicable if units are held for less than 12 months, taxed at 15%.

    • TDS on Dividends: Dividends exceeding Rs. 5,000 are subject to a 10% Tax Deducted at Source (TDS).

  7. Factors to Consider Before Investing: Various factors should be considered before investing in equity mutual funds, including investment objective, risk appetite, past performance, fund manager's experience, expense ratio, and exit load.

  8. Nippon India Equity Mutual Funds: The article provides a list of top Nippon India equity mutual funds, along with their performance metrics, minimum investment amounts, and assets under management (AUM).

    • Nippon India Small Cap Fund
    • Nippon India Gilt Securities Fund
    • Nippon India Large Cap Fund
    • Nippon India ELSS Tax Saver Fund
    • Nippon India Tax Saver (ELSS) Fund
    • Nippon India Liquid Fund
    • Nippon India Equity Hybrid Fund
    • Nippon India Low Duration Fund
    • Nippon India Pharma Fund
    • Nippon India US Equity Opportunities Fund

Each fund is categorized based on its investment objectives and strategies, such as small-cap, large-cap, debt, hybrid, or equity. The provided data includes fund performance, minimum investment amounts, and AUM.

By understanding these concepts, investors can make informed decisions about selecting the best mutual funds suited to their financial goals and risk tolerance levels.

Top 10 Best Nippon India Equity Funds to Invest in 2024 (2024)
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