Click here for top ranked funds in equity savings mutual funds.
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.
No single fund can achieve what a plan can. Learn why
Scheme Information
Investment Objective
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.
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.
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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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Invest online & transfer
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track your investments
Track, invest more and withdraw your investments through the Scripbox dashboard
The Scripbox Promise
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About Nippon India Equity Savings fund (DR-M)
About Nippon India Equity Savings fund (DR-M)
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
Nippon India Equity Savings fund (DR-M) Investment Objective
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.
Nippon India Equity Savings fund (DR-M) NAV,AUM,Risk
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.
Nippon India Equity Savings fund (DR-M) Holdings
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
Nippon India Equity Savings fund (DR-M) SIP
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.
Nippon India Equity Savings fund (DR-M) Investment volatility and Horizon
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) Review
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.
