Nippon India Taiwan Equity Fund Direct - IDCW
NAV as of Aug 30, 2024
11.710.17%
(Earn upto 1.39% Extra Returns with Direct Plan)
Fund Category:
Equity: International
Expense Ratio:
1.04%(0.73% Category
average)Fund Size:
Rs. 364.34 Cr(0.87% of Investment in Category)
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Nippon India Taiwan Equity Fund Direct - IDCW
NAV as of Aug 30, 2024
11.710.17%
Expense Ratio:
1.04%
Fund Size:
Rs. 364.34 Cr
Fund Category:
Equity: International
1. Current NAV: The Current Net Asset Value of the Nippon India Taiwan Equity Fund - Direct Plan as of Aug 30, 2024 is Rs 11.71 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 29.61% (1yr) and 5.87% (since launch). Whereas, Category returns for the same time duration are: 20.39% (1yr), 4.57% (3yr) and 10.26% (5yr).
3. Fund Size: The Nippon India Taiwan Equity Fund - Direct Plan currently holds Assets under Management worth of Rs 364.34 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 1.04% for Direct plan as on Aug 10, 2024.
5. Exit Load: Nippon India Taiwan Equity Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 3 months."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Nippon India Taiwan Equity Fund Direct - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 8.65 7.57 4.13 26.96 - - Category Avg 2.56 5.27 9.75 18.14 4.72 10.02 Rank within Category 3 13 54 14 - - No. of funds within Category 63 63 63 62 45 30 - Loading...
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Return Comparison
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Nippon India Taiwan Equity Fund Direct - IDCW Fund Details
Investment Objective - The scheme seeks to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Taiwan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India.
Fund House | Nippon India Mutual Fund |
Launch Date | Dec 06, 2021 |
Benchmark | Taiwan Capitalization Weighted Stock Index |
Return Since Launch | 5.94% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Nippon India Taiwan Equity Fund Direct - IDCW Investment Details
Minimum Investment (Rs.) | 500.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 100.00 |
Exit Load Exit load of 1% if redeemed within 3 months. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 28 | 28 | 29 | 28 | 28 | 28 |
Top 5 Company Holdings | 36.01% | 37.48% | 38.56% | 31.4% | 29.19% | 30.92% |
Top 10 Company Holdings | 57.85% | 60.64% | 58.8% | 52.41% | 49.8% | 50.77% |
Company with Highest Exposure | Hon Hai Precision Industry (Taiwan) (8.49%) | Hon Hai Precision Industry (Taiwan) (8.75%) | Asia Vital Components Co (9.74%) | Taiwan Semiconductor Manufacturing (Taiwan) (8.73%) | Taiwan Semiconductor Manufacturing (Taiwan) (8.21%) | Taiwan Semiconductor Manufacturing (Taiwan) (8.96%) |
Number of Sectors | 9 | 9 | 9 | 6 | 6 | 6 |
Top 3 Sector Holdings | 74.02% | 76.28% | 81.12% | 81.29% | 77.65% | 77.52% |
Top 5 Sector Holdings | 82.75% | 85.69% | 89.27% | 90.28% | 87.25% | 87.48% |
Sector with Highest Exposure | Technology (37.54%) | Technology (40.42%) | Capital Goods (38.59%) | Capital Goods (41.28%) | Capital Goods (40.56%) | Capital Goods (39.49%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Hon Hai Precision Industry (Taiwan) Capital Goods 8.49 - - - Taiwan Semiconductor Manufacturing (Taiwan) Technology 8.47 - - - AURAS Technology Co Technology 7.58 - - - Largan Precision Co (Taiwan) Consumer Staples 6.17 - - - Gigabyte Technology Co. Technology 5.3 - - - Asia Vital Components Co Technology 4.99 - - - Taiwan Union Technology Technology 4.64 - - - Quanta Computer Others 4.54 - - - eMemory Technology Inc Consumer Discretionary 4.19 - - - All Ring Tech Co Capital Goods 3.48 - - -
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Nippon India Taiwan Equity Fund Direct - IDCW 11.71 Unrated 364.34 8.65 26.96 - - Axis Greater China Equity FoF Direct-IDCW 6.99 Unrated 206.27 1.60 -0.99 -7.53 - ICICI Prudential US Bluechip Equity Direct Plan-IDCW 69.84 Unrated 3,170.77 3.90 20.29 12.73 18.55 HSBC Global Equity Climate Change FoF Direct-IDCW 10.63 Unrated 110.41 1.77 13.65 -0.84 - Sundaram Global Brand Direct-IDCW 29.69 Unrated 113.43 0.85 15.58 7.80 14.56
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- K.D.Kinjal DesaiSince Nov 202110 schemes
Ms. Desai has done B.A (Economics), MSc. (Economics) and has cleared CFA Level 1 She has been working with Nippon India Mutual Fund since year, 2012
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Nippon India Growth Fund Direct- IDCW Mid Cap 201.90 32,970.78 54.17 Nippon India Focused Equity Fund Direct-IDCW Flexi Cap 52.41 8,851.92 34.31 Nippon India Strategic Debt Fund Direct-IDCW Medium Duration 13.11 117.39 7.96 Nippon India Banking & PSU Debt Fund Direct-IDCW Banking and PSU 20.06 5,345.36 7.88 Nippon India Retirement Fund - Wealth Creation Scheme Direct-IDCW Flexi Cap 26.66 3,453.47 44.11 Nippon India Equity Savings Fund Direct-IDCW Equity Savings 14.59 531.13 14.27 Nippon India Retirement Fund - Income Generation Scheme Direct-IDCW Conservative Hybrid 22.01 164.17 15.31 Nippon India Nivesh Lakshya Fund Direct-IDCW Long Duration 17.19 Unrated 8,037.37 10.68 Nippon India US Equity Opportunities Fund Direct-IDCW International 35.18 Unrated 676.16 25.39 Nippon India Japan Equity Fund Direct-IDCW International 21.43 Unrated 301.27 21.95
More Nippon India Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Nippon India Small Cap Fund Direct- Growth | 51,566.11 | 7.52 | 24.84 | 24.41 | 58.99 | 35.66 | |
Nippon India Liquid Fund Direct-Growth | 33,603.87 | 0.61 | 1.88 | 3.79 | 7.38 | 5.80 | |
Nippon India Multi Cap Fund Direct-Growth | 31,963.02 | 6.98 | 20.50 | 26.64 | 54.81 | 34.01 | |
Nippon India Growth Fund Direct- Growth | 27,931.43 | 8.46 | 24.17 | 23.15 | 60.81 | 32.03 | |
Nippon India Large Cap Fund Direct-Growth | 26,925.10 | 5.25 | 11.69 | 18.01 | 40.85 | 25.70 | |
Nippon India Money Market Fund Direct-Growth | 16,562.01 | 0.65 | 1.96 | 3.98 | 7.61 | 6.14 | |
Nippon India Arbitrage Fund Direct-Growth | 15,157.75 | 0.68 | 2.14 | 4.41 | 8.46 | 6.40 | |
Nippon India ELSS Tax Saver Fund Direct-Growth | 15,026.04 | 6.07 | 15.20 | 20.06 | 46.05 | 23.51 | |
Nippon India Balanced Advantage Fund Direct-Growth | 8,042.99 | 3.09 | 7.64 | 11.61 | 25.27 | 14.20 | |
Nippon India Floating Rate Fund Direct-Growth | 7,955.53 | 0.69 | 1.96 | 4.03 | 7.60 | 5.88 |
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1. Nippon India Taiwan Equity Fund - Direct Plan is Open-ended International Equity scheme which belongs to Nippon India Mutual Fund House.
2. The fund was launched on Dec 06, 2021.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Taiwan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. "
2. It is benchmarked against Taiwan Capitalization Weighted Stock Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 94.03% in equities, 0.04% in debts and 5.93% in cash & cash equivalents.
2. The top holding of the fund is Hon Hai Precision Industry (Taiwan) which constitute around 8.49% of the assets.
Tax Implications on Nippon India Taiwan Equity Fund Direct - IDCW
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Nippon India Taiwan Equity Fund Direct - IDCW
- Is it safe to invest in Nippon India Taiwan Equity Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Nippon India Taiwan Equity Fund - Direct Plan comes under Very High risk category.
- What is the category of Nippon India Taiwan Equity Fund - Direct Plan?Nippon India Taiwan Equity Fund - Direct Plan belongs to the Equity : International category of funds.
- How Long should I Invest in Nippon India Taiwan Equity Fund - Direct Plan?The suggested investment horizon of investing into Nippon India Taiwan Equity Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Nippon India Taiwan Equity Fund - Direct Plan?The Nippon India Taiwan Equity Fund - Direct Plan is managed by Kinjal Desai (Since Nov 22, 2021).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.