Nippon India Small Cap Fund performance review analysis for January
Nippon India Small Cap Fund performance review analysis for January: This detailed review of Nippon India Small Cap Fund evaluates its recent performance, comparing it to the Nifty index, and analyzes key metrics such as Sharpe Ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
Nippon India Small Cap Fund - Direct Plan - Growth Plan performance review analysis for January: Nippon India Small Cap Fund - Direct Plan - Growth Plan, managed by the seasoned fund managers Samir Rachh,Kinjal Desai, remains a prominent player in the Small-Cap. Nippon India Small Cap Fund boasts an impressive AUM of ₹61646.36 crore. Under the guidance of Samir Rachh,Kinjal Desai, the fund adheres to its objective of the primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities. This detailed review of Nippon India Small Cap Fund evaluates its recent performance, comparing it to the NIFTY Smallcap 100 index, and analyzes key metrics such as sharpe ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
Performance Analysis:
Over the past week, Nippon India Small Cap Fund returned -2.29%, showing a positive delta of 3.64% with respect to NIFTY Smallcap 100. The one-month performance shows a negative trend, with the fund delivering -4.98% against the NIFTY Smallcap 100’s -8.57%.
The performance over the longer durations is mentioned below:
| Period | Mutual Fund Returns | NIFTY Smallcap 100 Performance | Performance Difference |
|---|---|---|---|
| 6 Months | -2.02% | -4.71% | 2.69% |
| 1 Year | 24.27% | 16.37% | 7.90% |
| 3 Years | 97.02% | 53.82% | 43.20% |
| 5 Years | 359.49% | 195.63% | 163.86% |
Top Holdings of the Fund
Below is the list of top holdings in the fund:
| Holding Name | Percentage of Portfolio |
|---|---|
| HDFC Bank | 1.94% |
| Multi Commodity Exchange Of India | 1.86% |
| Kirloskar Brothers | 1.65% |
| Apar Industries | 1.47% |
| Tube Investments Of India | 1.46% |
Sector Allocation of the Fund
| Sector Name | Weightage (%) |
|---|---|
| Misc. Capital Goods | 8.25% |
| Electronic Instr. & Controls | 6.13% |
| Regional Banks | 5.59% |
| Chemical Manufacturing | 5.43% |
| Investment Services | 4.06% |
| Software & Programming | 3.99% |
| Misc. Fabricated Products | 3.26% |
| Food Processing | 3.06% |
| Construction Services | 2.81% |
| Biotechnology & Drugs | 2.79% |
| Auto & Truck Parts | 2.72% |
| Constr. - Supplies & Fixtures | 2.44% |
| Healthcare Facilities | 2.39% |
| Personal & Household Prods. | 2.21% |
| Consumer Financial Services | 2.17% |
| Electric Utilities | 1.66% |
| Major Drugs | 1.58% |
| Communications Equipment | 1.55% |
| Computer Services | 1.49% |
| Recreational Products | 1.46% |
| Aerospace & Defense | 1.4% |
| Appliance & Tool | 1.35% |
| Audio & Video Equipment | 1.31% |
| Oil & Gas Operations | 1.19% |
| Apparel/Accessories | 1.17% |
| Constr. & Agric. Machinery | 1.14% |
| Construction - Raw Materials | 1.09% |
| Paper & Paper Products | 1.08% |
| Beverages (Alcoholic) | 0.89% |
| Chemicals - Plastics & Rubber | 0.87% |
| Metal Mining | 0.84% |
| Business Services | 0.79% |
| Hotels & Motels | 0.74% |
| Misc. Financial Services | 0.71% |
| Textiles - Non Apparel | 0.55% |
| Coal | 0.51% |
| Restaurants | 0.49% |
| Motion Pictures | 0.49% |
| Insurance (Life) | 0.42% |
| Schools | 0.4% |
| Retail (Apparel) | 0.39% |
| Communications Services | 0.37% |
| Fabricated Plastic & Rubber | 0.25% |
| Air Courier | 0.2% |
| Water Transportation | 0.19% |
Risk Measurement
Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund's Sharpe Ratio stands at 1.78, while the three-year and five-year ratios are 1.46 and 1.28, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.
In terms of volatility, the standard deviation over the same periods— 13.89% for one year, 14.96% for three years, and 22.82% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.
Recent Portfolio Activity
In the last month, the fund acquired new positions in the following stocks:
| Stock Name | Holding (%) | No of shares | Holding Value (in Cr) |
|---|---|---|---|
| Reliance Industries | 0.93% | 4459371 | 576.24 |
| Acme Solar Holdings | 0.21% | 4735861 | 129.91 |
The fund has increased its position in the following stocks:
| Stock Name | No of shares (Before purchase) | No of shares (After purchase) | Holding Value (in Cr) |
|---|---|---|---|
| Zydus Wellness | 3046079.0 | 2845731.0 | 576.25 |
| Eclerx Services | 1645528.0 | 1641332.0 | 572.39 |
| Cyient | 2876441.0 | 2750983.0 | 509.89 |
| Avalon Technologies | 3784624.0 | 3783583.0 | 365.08 |
| Finolex Cables | 2922790.0 | 2918506.0 | 335.59 |
| Hindustan Unilever | 1220018.0 | 1110009.0 | 277.08 |
| Aarti Industries | 4567424.0 | 3619386.0 | 162.26 |
The fund has reduced its holding in the following stocks:
| Stock Name | No of shares (Before reduction) | No of shares (After reduction) | Holding Value (in Cr) |
|---|---|---|---|
| Lmw | 79460.0 | 76460.0 | 124.34 |
Disclaimer: This is an AI-generated live story and has not been edited by LiveMint staff.
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