Nippon India Focused Fund - Growth

• Alpha -0.46%
• Beta 1.17
• Sharpe Ratio0.79
• Std Deviation 12.00%
• Tracking Error 7.88%

The primary investment objective of the scheme is to generate long-term capital growth by predominantly investing in an active and concentrated portfolio of equity & equity related instruments up to 30 companies across market capitalization. The secondary objective of the scheme is to generate consistent returns by investing in debt, money market securities, REITs and InvITs. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

The Nippon India Focused Fund - Growth has an AUM of 8496.66 crores & has delivered CAGR of 11.56% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.85%. The minimum investment in Nippon India Focused Fund - Growth is Rs 5000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Moderate & High respectively.

The top holdings of the fund include ICICI Bank, AXIS Bank Ltd, Reliance Industries & HDFC Bank.

The major sectors where the fund is invested are Regional Banks, Electric Utilities, Biotechnology & Drugs & Oil & Gas Operations.

Some of the similar funds are Aditya Birla Sun Life Focused Fund Growth, Franklin India Focused Equity Fund Growth, Nippon India Focused Fund - Growth, Axis Focused Fund Growth, Mirae Asset Focused Fund Regular Growth. Nippon India Focused Fund - Growth has a sharpe ratio of 0.79 & a standard deviation of 12.00%.