Nippon India Equity Savings Fund
Equity SavingsModerately HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹16.56+0.07%1 day
- Return since launch
- 4.5%
- 52-week range
- ₹15.92 — ₹16.64
- AUM
- ₹744 Cr
Nippon India Equity Savings Fund is a Equity Savings hybrid fund from Nippon India Mutual Fund with ₹744 Cr under management, launched in 2015. Over three years it has returned 4.0% a year, against 8.0% for its category. The expense ratio is 1.99% and the SEBI riskometer reading is Moderately High.
Performance
Nippon India Equity Savings Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.0% against +2.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.8% | −1.0 pts | 3.8% | 4.5% |
| 2Y | 3.4% | −1.8 pts | 5.2% | 4.4% |
| 3Y | 4.0% | −4.0 pts | 8.0% | 4.9% |
| 5Y | 5.8% | −1.1 pts | 6.9% | 6.4% |
| 7Y | 6.5% | −1.6 pts | 8.0% | 7.1% |
| 10Y | 5.0% | −2.6 pts | 7.6% | 7.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.1% | +0.4 pts | 2.8% | 2.7% |
| 3M | 0.0% | −0.8 pts | 0.8% | 0.6% |
| 6M | 1.8% | −1.6 pts | 3.4% | 3.0% |
| 1Y | 2.2% | −1.5 pts | 3.8% | 2.7% |
| 2Y | 3.5% | −1.4 pts | 4.8% | 4.2% |
| 3Y | 6.2% | −1.8 pts | 8.0% | 6.9% |
| 5Y | 5.8% | −1.1 pts | 6.9% | 6.0% |
| 7Y | 5.0% | −3.3 pts | 8.3% | 7.4% |
| 10Y | 4.2% | −3.3 pts | 7.6% | 7.0% |
Since launch (12 May 2015): 4.5%
Calendar-year returns
Category average-6.0%
11.5%
3.5%
12.3%
8.0%
6.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.2% | −1.1 pts | 7.3% |
| 2024 | 8.0% | −3.9 pts | 11.9% |
| 2023 | 12.3% | −2.0 pts | 14.3% |
| 2022 | 3.5% | −0.7 pts | 4.2% |
| 2021 | 11.5% | −2.0 pts | 13.6% |
| 2020 | -6.0% | −16.5 pts | 10.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.99%
Expense ratio as on 31 Oct 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.28%
- Brokerage
- 0.08%
- Transaction charges
- 0.02%
- Statutory levies
- 0.61%
- Exit load
- Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 15 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Equity Savings TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderately High
Your principal is treated as being at moderately high risk — typically balanced hybrid and index-led equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 0.93 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | -0.05 | 0.59 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | -0.06 | 0.72 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 3.98 | 6.22 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Nippon India Equity Savings Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity28.2%
- Debt18.2%
- Other53.6%
Market cap split
- Large91.2%
- Mid8.8%
- P/E
- 18.53
- P/B
- 2.61
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 41.04% | ₹306 Cr | +178.42% | +184.71% | +191.53% |
| ICICI Bank Ltd. | Financial | 8.29% | ₹61.70 Cr | -6.64% | -5.71% | -3.03% |
| Mahindra & Mahindra Ltd. | Automobile | 5.99% | ₹44.60 Cr | -6.59% | -3.99% | -4.13% |
| Bharti Airtel Ltd. | Communication | 4.77% | ₹35.49 Cr | -3.38% | -4.24% | -4.15% |
| GOI | Sovereign | 3.41% | ₹25.39 Cr | +1.25% | +1.20% | +4.40% |
| Brookfield India Real Estate Trust REIT | Construction | 3.28% | ₹24.42 Cr | — | — | — |
| Mindspace Business Parks REIT | Construction | 3.14% | ₹23.39 Cr | — | — | — |
| Nexus Select Trust | Construction | 2.70% | ₹20.08 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 2.50% | ₹18.58 Cr | -9.65% | -8.67% | -6.69% |
| Knowledge Realty Trust | Construction | 2.10% | ₹15.61 Cr | — | — | — |
| REC Ltd. | Financial | 1.97% | ₹14.68 Cr | +1.21% | +1.18% | +1.23% |
| Reliance Industries Ltd. | Energy | 1.71% | ₹12.71 Cr | -5.58% | -5.68% | -5.92% |
| Tata Steel Ltd. | Metals & Mining | 1.50% | ₹11.15 Cr | -1.37% | -1.37% | -1.05% |
| NTPC Ltd. | Energy | 1.47% | ₹10.97 Cr | -0.18% | -0.18% | -0.17% |
| Godrej Housing Finance Ltd. | Financial | 1.35% | ₹10.01 Cr | +1.20% | +1.18% | +1.23% |
| IndiGrid Infrastructure Trust | Capital Goods | 1.31% | ₹9.71 Cr | — | — | — |
| Infosys Ltd. | Technology | 1.27% | ₹9.43 Cr | +1.14% | +1.40% | +1.22% |
| State Bank of India | Financial | 1.20% | ₹8.96 Cr | -0.32% | -0.30% | -0.27% |
| Larsen & Toubro Ltd. | Construction | 1.16% | ₹8.65 Cr | +1.14% | -3.34% | -3.58% |
| ITC Ltd. | Consumer Staples | 1.13% | ₹8.39 Cr | -1.44% | -1.41% | -0.37% |
| Vedanta Ltd. | Metals & Mining | 1.08% | ₹8.03 Cr | +0.77% | +1.77% | -6.05% |
| Axis Bank Ltd. | Financial | 0.99% | ₹7.33 Cr | -4.28% | -3.62% | -4.64% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.90% | ₹6.69 Cr | -1.07% | -1.00% | -0.89% |
| Cummins India Ltd. | Capital Goods | 0.90% | ₹6.66 Cr | +0.95% | +0.74% | +0.66% |
| Eternal Ltd. | Services | 0.82% | ₹6.08 Cr | -3.74% | -3.17% | -0.18% |
| Max Financial Services Ltd. | Financial | 0.74% | ₹5.49 Cr | +0.38% | +0.35% | +0.34% |
| Maruti Suzuki India Ltd. | Automobile | 0.73% | ₹5.45 Cr | +1.02% | +0.88% | +0.68% |
| Indian Railway Finance Corporation Ltd. | Financial | 0.68% | ₹5.08 Cr | +0.62% | +0.60% | +0.63% |
| Muthoot Finance Ltd. | Financial | 0.67% | ₹5.01 Cr | +0.61% | +0.60% | +0.62% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.67% | ₹5.00 Cr | +0.61% | +0.59% | +0.62% |
| Vastu Finserve India Private Ltd. | Financial | 0.66% | ₹4.95 Cr | +0.59% | +0.57% | — |
| Rajasthan State | Others | 0.66% | ₹4.91 Cr | +0.60% | +0.58% | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.64% | ₹4.75 Cr | +0.62% | — | — |
| Power Finance Corporation Ltd. | Financial | 0.61% | ₹4.56 Cr | +0.71% | +0.59% | -0.46% |
| Jindal Steel Ltd. | Metals & Mining | 0.60% | ₹4.50 Cr | +0.50% | +0.52% | +0.38% |
| SBI Life Insurance Company Ltd. | Insurance | 0.57% | ₹4.24 Cr | — | — | — |
| Grasim Industries Ltd. | Materials | 0.57% | ₹4.24 Cr | -2.47% | -1.99% | -2.20% |
| Coal India Ltd. | Materials | 0.53% | ₹3.92 Cr | +0.47% | +0.48% | +0.56% |
| Bajaj Finance Ltd. | Financial | 0.52% | ₹3.84 Cr | +0.24% | +0.59% | +0.61% |
| JSW Energy Ltd. | Capital Goods | 0.47% | ₹3.46 Cr | +0.49% | — | — |
| ITC Hotels Ltd. | Services | 0.43% | ₹3.18 Cr | +0.42% | +0.31% | +0.27% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.42% | ₹3.13 Cr | +0.41% | +0.42% | +0.55% |
| Tata Consultancy Services Ltd. | Technology | 0.41% | ₹3.08 Cr | +0.37% | +0.14% | -0.42% |
| HCL Technologies Ltd. | Technology | 0.33% | ₹2.46 Cr | +0.26% | +0.32% | -1.08% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.33% | ₹2.44 Cr | +0.33% | +0.31% | -1.22% |
| Tech Mahindra Ltd. | Technology | 0.33% | ₹2.44 Cr | +0.27% | +0.26% | +0.27% |
| Asian Paints Ltd. | Materials | 0.32% | ₹2.40 Cr | +0.32% | — | — |
| Bharat Electronics Ltd. | Capital Goods | 0.31% | ₹2.33 Cr | +0.54% | -0.11% | -0.11% |
| Titan Company Ltd. | Consumer Discretionary | 0.31% | ₹2.29 Cr | +0.26% | -0.71% | — |
| Indusind Bank Ltd. | Financial | 0.24% | ₹1.80 Cr | -1.11% | — | — |
| JSW Steel Ltd. | Metals & Mining | 0.23% | ₹1.69 Cr | -0.20% | -0.18% | -0.19% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.18% | ₹1.35 Cr | -0.68% | -0.81% | — |
| Persistent Systems Ltd. | Technology | 0.13% | ₹0.96 Cr | — | — | — |
| Trent Ltd. | Services | 0.09% | ₹0.66 Cr | +0.41% | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 0.00% | ₹0.01 Cr | -8.69% | -7.66% | -8.86% |
| Varun Beverages Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.12% | -0.09% | — |
| Bank Of Baroda | Financial | -0.00% | ₹-0.00 Cr | -0.02% | -0.02% | — |
| Ambuja Cements Ltd. | Materials | -0.00% | ₹-0.00 Cr | -0.13% | -0.12% | -0.17% |
| AU Small Finance Bank Ltd. | Financial | -0.00% | ₹-0.01 Cr | -1.05% | -0.84% | — |
| Pidilite Industries Ltd. | Chemicals | -0.01% | ₹-0.05 Cr | — | — | — |
| Ashok Leyland Ltd. | Automobile | -0.03% | ₹-0.21 Cr | — | — | — |
| JSW Steel Ltd. Warrant | Metals & Mining | -0.23% | ₹-1.71 Cr | — | — | — |
| Tata Steel Ltd. Pref. Shares 2.00 | Metals & Mining | -1.51% | ₹-11.26 Cr | — | — | — |
| Bharti Airtel Ltd. Rights | Communication | -3.61% | ₹-26.85 Cr | — | — | — |
| Mahindra & Mahindra Ltd Warrant | Automobile | -5.48% | ₹-40.79 Cr | — | — | — |
| ICICI Bank Ltd.(Partly Paid Equity) | Financial | -5.92% | ₹-44.10 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| ICICI Bank Ltd. | -6.26% | 8.29% | +14.55% |
| Mahindra & Mahindra Ltd. | -7.83% | 5.99% | +13.82% |
| Bharti Airtel Ltd. | -3.70% | 4.77% | +8.46% |
| Others | 45.27% | 39.19% | -6.08% |
| ICICI Bank Ltd.(Partly Paid Equity) | 0.00% | -5.92% | -5.92% |
| Mahindra & Mahindra Ltd Warrant | 0.00% | -5.48% | -5.48% |
| Bharti Airtel Ltd. Rights | 0.00% | -3.61% | -3.61% |
| Brookfield India Real Estate Trust REIT | 0.00% | 3.28% | +3.28% |
| Mindspace Business Parks REIT | 0.00% | 3.14% | +3.14% |
| Tata Steel Ltd. | -1.44% | 1.50% | +2.94% |
| Grasim Industries Ltd. | 3.49% | 0.57% | -2.92% |
| company:19327 | -2.86% | 0.00% | +2.86% |
| Nexus Select Trust | 0.00% | 2.70% | +2.70% |
| Tata Steel Ltd. Pref. Shares 2.00 | 0.00% | -1.51% | -1.51% |
| company:14435 | -1.31% | 0.00% | +1.31% |
| IndiGrid Infrastructure Trust | 0.00% | 1.31% | +1.31% |
| company:6233 | 1.29% | 0.00% | -1.29% |
| GOI | 4.67% | 3.41% | -1.26% |
| company:13639 | 0.65% | 0.00% | -0.65% |
| Pidilite Industries Ltd. | 0.00% | -0.65% | -0.65% |
| company:11418 | 0.64% | 0.00% | -0.64% |
| SBI Life Insurance Company Ltd. | 0.00% | 0.57% | +0.57% |
| Reliance Industries Ltd. | -3.02% | -3.55% | -0.53% |
| Coal India Ltd. | 0.23% | -0.26% | -0.49% |
| JSW Steel Ltd. | -0.23% | 0.23% | +0.46% |
| Ashok Leyland Ltd. | -3.73% | -3.39% | +0.34% |
| Max Financial Services Ltd. | 0.41% | 0.74% | +0.33% |
| Trent Ltd. | 0.39% | 0.09% | -0.30% |
| Bajaj Auto Ltd. | 0.29% | 0.00% | -0.29% |
| Bharat Electronics Ltd. | 0.59% | 0.31% | -0.28% |
| Bajaj Finance Ltd. | 0.27% | 0.52% | +0.24% |
| JSW Steel Ltd. Warrant | 0.00% | -0.23% | -0.23% |
| Tata Motors Ltd. | 0.17% | 0.00% | -0.17% |
| HDFC Bank Ltd. | -4.65% | -4.82% | -0.17% |
| Infosys Ltd. | 1.39% | 1.27% | -0.13% |
| Knowledge Realty Trust | 1.97% | 2.10% | +0.13% |
| Eicher Motors Ltd. | 0.10% | 0.00% | -0.10% |
| Maruti Suzuki India Ltd. | 0.80% | 0.73% | -0.07% |
| Kotak Mahindra Bank Ltd. | -5.08% | -5.14% | -0.06% |
| Tata Consultancy Services Ltd. | 0.47% | 0.41% | -0.05% |
| Godrej Housing Finance Ltd. | 1.30% | 1.35% | +0.05% |
| Larsen & Toubro Ltd. | 1.21% | 1.16% | -0.04% |
| Cummins India Ltd. | 0.93% | 0.90% | -0.03% |
| Vastu Finserve India Private Ltd. | 0.63% | 0.66% | +0.03% |
| ITC Hotels Ltd. | 0.40% | 0.43% | +0.02% |
| Titan Company Ltd. | 0.33% | 0.31% | -0.02% |
| Small Industries Devp. Bank of India Ltd. | 0.65% | 0.67% | +0.02% |
| REC Ltd. | 0.65% | 0.67% | +0.02% |
| Indusind Bank Ltd. | 0.26% | 0.24% | -0.02% |
| Asian Paints Ltd. | 0.34% | 0.32% | -0.02% |
| Muthoot Finance Ltd. | 0.65% | 0.67% | +0.02% |
| ITC Ltd. | -0.72% | -0.74% | -0.02% |
| Indian Railway Finance Corporation Ltd. | 0.66% | 0.68% | +0.02% |
| AU Small Finance Bank Ltd. | -0.56% | -0.54% | +0.02% |
| Rajasthan State | 0.64% | 0.66% | +0.02% |
| Vedanta Ltd. | 0.41% | 0.40% | -0.01% |
| Sun Pharmaceutical Industries Ltd. | -0.55% | -0.54% | +0.01% |
| Vedanta Aluminium Metal Ltd. | 0.65% | 0.64% | -0.01% |
| Tech Mahindra Ltd. | 0.34% | 0.33% | -0.01% |
| HCL Technologies Ltd. | 0.34% | 0.33% | -0.01% |
| Jindal Steel Ltd. | 0.61% | 0.60% | -0.01% |
| State Bank of India | -0.17% | -0.17% | +0.01% |
| Eternal Ltd. | 0.81% | 0.82% | +0.01% |
| JSW Energy Ltd. | 0.47% | 0.47% | -0.01% |
| Varun Beverages Ltd. | -0.05% | -0.06% | 0.00% |
| Hindustan Unilever Ltd. | 0.33% | 0.33% | 0.00% |
| Ambuja Cements Ltd. | -0.07% | -0.07% | 0.00% |
| Persistent Systems Ltd. | 0.13% | 0.13% | 0.00% |
| HDFC Life Insurance Co Ltd. | 0.42% | 0.42% | 0.00% |
| NTPC Ltd. | -0.09% | -0.09% | 0.00% |
| Oil And Natural Gas Corporation Ltd. | 0.18% | 0.18% | 0.00% |
| Power Finance Corporation Ltd. | 0.61% | 0.61% | 0.00% |
| Axis Bank Ltd. | -2.17% | -2.18% | 0.00% |
| Bank Of Baroda | -0.01% | -0.01% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,309 Cr | 2.20% | 7.7% | 7.5% | 9.1% |
 Kotak Equity Savings Fund | ₹10,443 Cr | 2.13% | 3.9% | 5.7% | 8.1% |
 Mirae Asset Equity Savings Fund | ₹1,994 Cr | 1.72% | 7.7% | 7.5% | 8.8% |
 Edelweiss Equity Savings Fund | ₹1,704 Cr | 2.10% | 8.8% | 8.6% | 9.5% |
 HSBC Equity Savings Fund | ₹1,558 Cr | 2.37% | 10.3% | 9.5% | 11.1% |
 Axis Equity Savings Fund | ₹848 Cr | 2.68% | 8.1% | 6.4% | 7.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Dhrumil ShahMr. Shah is B.com and C.APrior to joining Nippon India Mutual Fund, he has worked with Birla Sun Life Insurance as AVP Investments, Equity Fund Management and Research and ASK investment Managers as Portfolio Manager, Equity Fund Management and Research.
- Herin VisariaMr. Herin has done B.com from Mumbai UniversityPrior to joining Nippon Mutual Fund, he has worked with Motilal Oswal MF, Motilal Oswal Securities Limited in Institutional Derivatives Research from Jan 2008 to Nov 2013, Religare Capital Markets Ltd in Institutional Derivatives Dealing from Dec 2013 to Aug 2017 & with Bank of Baroda Capital Markets Ltd. in Institutional Sales Trading from Sep 2017 to Mar 2018.
- Sushil Hari Prasad BudhiaMr. Budhia has done CAPrior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.83% absolute | ₹60,000 | ₹61,098 | 1.83% | |
| 1 year2.24% annualised | ₹1,20,000 | ₹1,21,466 | 1.22% | |
| 3 years6.16% annualised | ₹3,60,000 | ₹3,96,328 | 10.09% | |
| 5 years5.78% annualised | ₹6,00,000 | ₹6,97,111 | 16.19% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Nippon India Equity Savings Fund?
The NAV of Nippon India Equity Savings Fund is ₹16.56 as on 9 Nov 2026.
What is the expense ratio of Nippon India Equity Savings Fund?
The expense ratio of Nippon India Equity Savings Fund is 1.99% per year.
What is the minimum SIP amount for Nippon India Equity Savings Fund?
You can start a SIP in Nippon India Equity Savings Fund with ₹3,000 a month.
What returns has Nippon India Equity Savings Fund given?
Nippon India Equity Savings Fund has returned 2.8% over 1 year, 4.0% over 3 years and 5.8% over 5 years (annualised).
Is there a lock-in or exit load on Nippon India Equity Savings Fund?
Lock-in: None. Exit load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 15 days..
How risky is Nippon India Equity Savings Fund?
Nippon India Equity Savings Fund is rated Moderately High on the SEBI riskometer and belongs to the Equity Savings category.
Which fund house manages Nippon India Equity Savings Fund?
Nippon India Equity Savings Fund is managed by Nippon India Mutual Fund, which runs 75 schemes with ₹8,03,520 Cr under management.