Formerly Nippon India Equity Savings Qt DR
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.
6 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
303 Cr. Negligible within the category
Relatively Poor. The category has a relatively poor investment outlook
Consistency Of Performance
Poor. The historical performance of the fund has been poor
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 to Moderate
Moderately High risk
May 30, 2015
Launched (6y ago)
AUM in Crores
Nifty Equity Savings Index TR
Returns Calculator Comparison
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.
Comparison with Hybrid Funds
About the AMC
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 195,245 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 90 equity,369 debt and 34 hybrid funds.
₹ 23,219 Cr
₹ 9,030 Cr
₹ 23,219 Cr
₹ 9,030 Cr
₹ 23,219 Cr
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Nippon India Equity Savings of Inc Distribution cum Cap withdrawal fund (RIDCW-Q) is a equity savings hybrid fund and has delivered an annualised return of 1.8% over a period of 6 years .The fund was previously known as Nippon India Equity Savings Qt 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 of Inc Distribution cum Cap withdrawal fund (RIDCW-Q) fund was launched on May 30, 2015. The NAV (Net Asset Value) of this equity savings hybrid as of 2021-05-06 is ₹ 9.6391. The total AUM (Asset Under Management) of the fund as of 2021-05-07 is ₹ 302.881. The category risk of the Nippon India Equity Savings of Inc Distribution cum Cap withdrawal fund (RIDCW-Q) fund is Moderately High risk. The fund charges 2.66 % as expense ratio.
The fund’s highest allocation is towards others and has invested 50.2% 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 of Inc Distribution cum Cap withdrawal fund (RIDCW-Q) has a score of 1 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 of Inc Distribution cum Cap withdrawal fund (RIDCW-Q) has a score of 1 out of 5. Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.