Formerly Reliance Equity Savings Mn DR
₹ 9.768
NAV (Mar 04)
Neutral
However, Scripbox does not recommend investing in equity savings mutual funds.
Equity Savings funds are primarily equity funds with a small exposure of minimum 10% to debt instruments.
These funds are close to equity funds in terms of market linked fluctuations.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
6 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
320 Cr. Medium within the category
Category View
Relatively Poor. The category has a relatively poor investment outlook
Consistency Of Performance
Poor. The historical performance of the fund has been poor
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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Scheme Information
The primary investment objective of this fund is to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments. However,there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderately High Risk
2.6 %
Expense Ratio
May 30, 2015
Launched (6y ago)
₹ 320
AUM in Crores
INF204KA1W69
ISIN
No Lock-in
Lock-in
Nifty Equity Savings Index TR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
Comparison with Hybrid Funds
Aggressive Hybrid
26 Years
Age
Track Record
Aggressive Hybrid
22 Years
Age
Track Record
Conservative Hybrid
18 Years
Age
Track Record
Multi Asset Allocation
16 Years
Age
Track Record
Aggressive Hybrid
22 Years
Age
Track Record
About the AMC
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 190,624 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 87 equity,369 debt and 34 hybrid funds.
Liquid
Recommended
Top Ranked
₹ 19,337 Cr
Fund Size
5.9%
3Y returns
Mid Cap
Recommended
Top Ranked
₹ 8,153 Cr
Fund Size
12.5%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
5.1%
3Y returns
Mid Cap
Top Ranked
₹ 8,153 Cr
Fund Size
11.2%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
3.8%
3Y returns
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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Nippon India Equity Savings fund (DR-M) is a equity savings hybrid fund and has delivered an annualised return of 2.4% over a period of 6 years .The fund was previously known as Reliance Equity Savings Mn DR.The fund is managed by Nippon Life India Asset Management Ltd.The fund managers are Anand Gupta, Anju Chhajer, Kinjal Desai, Sanjay H Parekh, Sushil Budhia
The primary investment objective of this fund is to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments. However,there can be no assurance or guarantee that the investment objective of the scheme will be achieved. However, there is no assurance that the objective of the scheme will be realized.
The Nippon India Equity Savings fund (DR-M) fund was launched on May 30, 2015. The NAV (Net Asset Value) of this equity savings hybrid as of 2021-03-04 is ₹ 9.768. The total AUM (Asset Under Management) of the fund as of 2021-03-04 is ₹ 319.292. The category risk of the Nippon India Equity Savings fund (DR-M) fund is Moderately High Risk. The fund charges 2.6 % as expense ratio.
The fund’s highest allocation is towards others and has invested 49.6% in this asset class. The top three holdings of the fund are 8.31% telangana sdl 2026,icici prudential life insurance company limited and state bank of india
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Equity Savings Index TR
Nippon India Equity Savings fund (DR-M) has a score of 2 on a scale of 5. The fund scores 3 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Equity Savings fund (DR-M) has a score of 3 out of 5. Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.