Nippon India Equity Savings Fund
Equity SavingsModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹16.25-0.53%1 day
- Return since launch
- 4.4%
- 52-week range
- ₹15.92 — ₹16.64
- AUM
- ₹771 Cr
Nippon India Equity Savings Fund is a Equity Savings hybrid fund from Nippon India Mutual Fund with ₹771 Cr under management, launched in 2015. Over three years it has returned 3.3% a year, against 7.5% for its category. The expense ratio is 1.98% and the SEBI riskometer reading is Moderate.
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 +1.3% against +2.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -0.6% | −3.7 pts | 3.0% | 1.5% |
| 2Y | 1.8% | −1.8 pts | 3.6% | 3.0% |
| 3Y | 3.3% | −4.3 pts | 7.5% | 4.3% |
| 5Y | 5.4% | −1.4 pts | 6.8% | 6.1% |
| 7Y | 6.2% | −1.7 pts | 7.9% | 6.9% |
| 10Y | 4.8% | −2.6 pts | 7.4% | 6.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.6% | −0.5 pts | -1.1% | -1.2% |
| 3M | -0.9% | −1.3 pts | 0.4% | 0.1% |
| 6M | 0.9% | −2.6 pts | 3.5% | 2.9% |
| 1Y | 1.3% | −1.8 pts | 3.0% | 2.2% |
| 2Y | 1.9% | −1.2 pts | 3.1% | 2.6% |
| 3Y | 5.6% | −1.9 pts | 7.5% | 6.5% |
| 5Y | 5.5% | −1.2 pts | 6.8% | 5.9% |
| 7Y | 4.9% | −3.4 pts | 8.3% | 7.4% |
| 10Y | 4.1% | −3.4 pts | 7.4% | 6.8% |
Since launch (12 May 2015): 4.4%
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
2.00%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.32%
- Brokerage
- 0.07%
- Transaction charges
- 0.02%
- Statutory levies
- 0.59%
- 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.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 0.87 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.11 | 0.72 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.13 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 3.84 | 6.16 | 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 31 Aug 2026
Asset allocation
- Equity29.0%
- Debt22.3%
- Other48.6%
Market cap split
- Large90.1%
- Mid9.9%
- P/E
- 20.45
- P/B
- 2.81
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 46.67% | ₹360 Cr | +182.98% | +189.92% | +189.96% |
| GOI | Sovereign | 4.67% | ₹35.99 Cr | +1.22% | +1.13% | +4.70% |
| Grasim Industries Ltd. | Materials | 3.49% | ₹26.91 Cr | -2.47% | -2.00% | -2.37% |
| ICICI Bank Ltd. | Financial | 2.82% | ₹21.75 Cr | -12.08% | -11.95% | -6.73% |
| HDFC Bank Ltd. | Financial | 2.41% | ₹18.62 Cr | -8.82% | -7.01% | -7.17% |
| company:20045 | Construction | 1.97% | ₹15.20 Cr | — | — | — |
| REC Ltd. | Financial | 1.91% | ₹14.72 Cr | +1.18% | +1.09% | +1.31% |
| Reliance Industries Ltd. | Energy | 1.73% | ₹13.36 Cr | -5.65% | -5.40% | -6.30% |
| NTPC Ltd. | Energy | 1.44% | ₹11.13 Cr | -0.20% | -0.17% | -0.18% |
| Infosys Ltd. | Technology | 1.39% | ₹10.76 Cr | +1.31% | +1.33% | +0.95% |
| Godrej Housing Finance Ltd. | Financial | 1.30% | ₹10.01 Cr | +1.18% | +1.09% | +1.32% |
| National Bank For Agriculture & Rural Development | Financial | 1.29% | ₹9.97 Cr | +0.59% | +0.54% | +0.65% |
| State Bank of India | Financial | 1.29% | ₹9.92 Cr | -0.29% | -0.33% | -0.26% |
| Larsen & Toubro Ltd. | Construction | 1.21% | ₹9.30 Cr | +1.11% | -3.74% | -3.77% |
| Vedanta Ltd. | Metals & Mining | 1.07% | ₹8.26 Cr | +0.96% | +1.78% | -5.20% |
| Axis Bank Ltd. | Financial | 1.06% | ₹8.18 Cr | -4.07% | -3.95% | -4.59% |
| Bharti Airtel Ltd. | Communication | 1.05% | ₹8.11 Cr | -8.82% | -3.88% | -8.70% |
| ITC Ltd. | Consumer Staples | 1.03% | ₹7.97 Cr | -1.43% | -1.41% | -0.41% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.97% | ₹7.45 Cr | -1.04% | -0.91% | +1.36% |
| Cummins India Ltd. | Capital Goods | 0.93% | ₹7.15 Cr | +0.98% | +0.74% | +0.69% |
| Bajaj Finance Ltd. | Financial | 0.92% | ₹7.11 Cr | +1.18% | +1.09% | +1.31% |
| Eternal Ltd. | Services | 0.81% | ₹6.23 Cr | -3.53% | -3.12% | — |
| Maruti Suzuki India Ltd. | Automobile | 0.80% | ₹6.17 Cr | +0.94% | +0.97% | — |
| Mahindra & Mahindra Ltd. | Automobile | 0.76% | ₹5.88 Cr | -13.15% | -8.41% | -6.12% |
| Indian Railway Finance Corporation Ltd. | Financial | 0.66% | ₹5.10 Cr | +0.60% | +0.56% | +0.67% |
| Truhome Finance Ltd. | Financial | 0.65% | ₹5.04 Cr | +0.60% | +0.55% | +0.66% |
| Muthoot Finance Ltd. | Financial | 0.65% | ₹5.03 Cr | +0.60% | +0.55% | +0.66% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.65% | ₹5.01 Cr | +0.59% | +0.55% | +0.66% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.65% | ₹5.00 Cr | +0.52% | — | — |
| Adani Power Ltd. | Energy | 0.64% | ₹4.97 Cr | +0.59% | +0.54% | — |
| Rajasthan State | Others | 0.64% | ₹4.97 Cr | +0.58% | +0.54% | — |
| Vastu Finserve India Private Ltd. | Financial | 0.63% | ₹4.89 Cr | +0.58% | — | — |
| Jindal Steel Ltd. | Metals & Mining | 0.61% | ₹4.73 Cr | +0.57% | +0.53% | +0.37% |
| Power Finance Corporation Ltd. | Financial | 0.61% | ₹4.71 Cr | +0.59% | +0.54% | -0.46% |
| Bharat Electronics Ltd. | Capital Goods | 0.59% | ₹4.56 Cr | -0.11% | -0.11% | -0.11% |
| JSW Energy Ltd. | Capital Goods | 0.47% | ₹3.64 Cr | — | — | — |
| Tata Consultancy Services Ltd. | Technology | 0.47% | ₹3.60 Cr | +0.40% | +0.14% | -0.48% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.42% | ₹3.26 Cr | +0.42% | +0.46% | -0.02% |
| Max Financial Services Ltd. | Financial | 0.41% | ₹3.15 Cr | +0.40% | +0.39% | +0.37% |
| ITC Hotels Ltd. | Services | 0.40% | ₹3.10 Cr | +0.36% | +0.37% | +0.31% |
| Trent Ltd. | Services | 0.39% | ₹3.02 Cr | +0.35% | — | — |
| Asian Paints Ltd. | Materials | 0.34% | ₹2.65 Cr | +0.32% | — | — |
| HCL Technologies Ltd. | Technology | 0.34% | ₹2.62 Cr | +0.28% | +0.30% | -1.23% |
| Tech Mahindra Ltd. | Technology | 0.34% | ₹2.60 Cr | +0.28% | -0.13% | +0.31% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.33% | ₹2.56 Cr | +0.33% | +0.33% | -1.38% |
| Titan Company Ltd. | Consumer Discretionary | 0.33% | ₹2.55 Cr | -0.74% | -0.71% | — |
| Bajaj Auto Ltd. | Automobile | 0.29% | ₹2.22 Cr | +0.55% | +0.80% | +0.61% |
| Indusind Bank Ltd. | Financial | 0.26% | ₹2.03 Cr | -1.09% | — | — |
| Coal India Ltd. | Materials | 0.23% | ₹1.81 Cr | +0.24% | +0.21% | +0.29% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.18% | ₹1.39 Cr | -0.77% | -0.73% | — |
| Tata Motors Ltd. | Automobile | 0.17% | ₹1.32 Cr | +0.76% | +0.91% | — |
| company:11722 | Technology | 0.13% | ₹1.02 Cr | — | — | — |
| Eicher Motors Ltd. | Automobile | 0.10% | ₹0.80 Cr | +0.38% | +0.39% | +0.28% |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | 0.04% | ₹0.33 Cr | -2.43% | -2.86% | -3.10% |
| Tata Steel Ltd. | Metals & Mining | 0.01% | ₹0.07 Cr | -2.97% | -2.75% | -2.04% |
| Bank Of Baroda | Financial | 0.00% | ₹0.00 Cr | -0.02% | -0.02% | — |
| AU Small Finance Bank Ltd. | Financial | -0.00% | ₹-0.01 Cr | -0.99% | -0.87% | — |
| Ambuja Cements Ltd. | Materials | -0.00% | ₹-0.01 Cr | -0.13% | -0.14% | -0.18% |
| Varun Beverages Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -0.13% | -0.10% | — |
| JSW Steel Ltd. | Metals & Mining | -0.00% | ₹-0.02 Cr | -0.41% | -0.37% | -0.36% |
| company:298 | Automobile | -0.03% | ₹-0.23 Cr | — | — | -0.33% |
| Kotak Mahindra Bank Ltd. | Financial | -0.09% | ₹-0.67 Cr | -8.46% | -8.25% | -6.89% |
| company:19327 | Materials | -2.86% | ₹-22.02 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Grasim Industries Ltd. | -2.56% | 3.49% | +6.05% |
| Eternal Ltd. | -4.46% | 0.81% | +5.27% |
| company:298 | 0.00% | -3.73% | -3.73% |
| company:19327 | 0.00% | -2.86% | -2.86% |
| company:20045 | 0.00% | 1.97% | +1.97% |
| Kotak Mahindra Investments Ltd. | 1.24% | 0.00% | -1.24% |
| Others | 44.43% | 45.27% | +0.84% |
| Kotak Mahindra Bank Ltd. | -4.49% | -5.08% | -0.59% |
| ICICI Bank Ltd. | -5.93% | -6.26% | -0.34% |
| Maruti Suzuki India Ltd. | 1.08% | 0.80% | -0.28% |
| Eicher Motors Ltd. | 0.29% | 0.10% | -0.19% |
| Mahindra & Mahindra Ltd. | -7.64% | -7.83% | -0.18% |
| GOI | 4.52% | 4.67% | +0.15% |
| Tata Motors Passenger Vehicles Ltd. | 0.15% | 0.00% | -0.15% |
| Axis Bank Ltd. | -2.03% | -2.17% | -0.14% |
| company:11722 | 0.00% | 0.13% | +0.13% |
| Power Finance Corporation Ltd. | 0.74% | 0.61% | -0.13% |
| Telangana State Industrial Infrastructure Corporation Ltd. | 0.13% | 0.00% | -0.13% |
| Reliance Industries Ltd. | -2.93% | -3.02% | -0.09% |
| Larsen & Toubro Ltd. | 1.13% | 1.21% | +0.07% |
| Jindal Steel Ltd. | 0.55% | 0.61% | +0.07% |
| HDFC Bank Ltd. | -4.71% | -4.65% | +0.06% |
| Bharat Electronics Ltd. | 0.53% | 0.59% | +0.06% |
| Bharti Airtel Ltd. | -3.75% | -3.70% | +0.06% |
| Infosys Ltd. | 1.34% | 1.39% | +0.06% |
| Godrej Housing Finance Ltd. | 1.25% | 1.30% | +0.04% |
| National Bank For Agriculture & Rural Development | 1.25% | 1.29% | +0.04% |
| Cummins India Ltd. | 0.97% | 0.93% | -0.04% |
| Vedanta Ltd. | 0.38% | 0.41% | +0.04% |
| Max Financial Services Ltd. | 0.37% | 0.41% | +0.03% |
| Titan Company Ltd. | 0.30% | 0.33% | +0.03% |
| Bajaj Auto Ltd. | 0.26% | 0.29% | +0.02% |
| Vastu Finserve India Private Ltd. | 0.61% | 0.63% | +0.02% |
| Tata Consultancy Services Ltd. | 0.44% | 0.47% | +0.02% |
| Truhome Finance Ltd. | 0.63% | 0.65% | +0.02% |
| Adani Power Ltd. | 0.62% | 0.64% | +0.02% |
| REC Ltd. | 0.63% | 0.65% | +0.02% |
| Muthoot Finance Ltd. | 0.63% | 0.65% | +0.02% |
| Indian Railway Finance Corporation Ltd. | 0.64% | 0.66% | +0.02% |
| Small Industries Devp. Bank of India Ltd. | 0.63% | 0.65% | +0.02% |
| Rajasthan State | 0.62% | 0.64% | +0.02% |
| Tata Motors Ltd. | 0.15% | 0.17% | +0.02% |
| JSW Steel Ltd. | -0.22% | -0.23% | -0.02% |
| ITC Ltd. | -0.73% | -0.72% | +0.02% |
| JSW Energy Ltd. | 0.49% | 0.47% | -0.01% |
| AU Small Finance Bank Ltd. | -0.55% | -0.56% | -0.01% |
| HDFC Life Insurance Co Ltd. | 0.41% | 0.42% | +0.01% |
| Bajaj Finance Ltd. | 0.29% | 0.27% | -0.01% |
| Indusind Bank Ltd. | 0.25% | 0.26% | +0.01% |
| State Bank of India | -0.16% | -0.17% | -0.01% |
| Hindustan Unilever Ltd. | 0.34% | 0.33% | -0.01% |
| ITC Hotels Ltd. | 0.39% | 0.40% | +0.01% |
| Tech Mahindra Ltd. | 0.33% | 0.34% | +0.01% |
| ICICI Prudential Life Insurance Company Ltd. | -1.30% | -1.31% | -0.01% |
| Sun Pharmaceutical Industries Ltd. | -0.55% | -0.55% | 0.00% |
| HCL Technologies Ltd. | 0.34% | 0.34% | 0.00% |
| Vedanta Aluminium Metal Ltd. | 0.65% | 0.65% | 0.00% |
| Tata Steel Ltd. | -1.44% | -1.44% | 0.00% |
| NTPC Ltd. | -0.09% | -0.09% | 0.00% |
| Varun Beverages Ltd. | -0.06% | -0.05% | 0.00% |
| Ambuja Cements Ltd. | -0.07% | -0.07% | 0.00% |
| Trent Ltd. | 0.39% | 0.39% | 0.00% |
| Coal India Ltd. | 0.23% | 0.23% | 0.00% |
| Oil And Natural Gas Corporation Ltd. | 0.18% | 0.18% | 0.00% |
| Asian Paints Ltd. | 0.34% | 0.34% | 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 | ₹3,230 Cr | 2.25% | 4.5% | 7.0% | 8.8% |
 Kotak Equity Savings Fund | ₹10,684 Cr | 2.12% | 2.8% | 6.0% | 8.3% |
 Mirae Asset Equity Savings Fund | ₹2,041 Cr | 1.73% | 3.0% | 6.3% | 8.2% |
 Edelweiss Equity Savings Fund | ₹1,660 Cr | 2.15% | 7.6% | 8.5% | 9.4% |
 HSBC Equity Savings Fund | ₹1,475 Cr | 2.46% | 7.4% | 9.1% | 10.8% |
 Baroda BNP Paribas Equity Savings Fund | ₹289 Cr | 2.81% | 1.9% | 5.3% | 7.2% |
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 months0.87% absolute | ₹60,000 | ₹60,522 | 0.87% | |
| 1 year1.29% annualised | ₹1,20,000 | ₹1,20,842 | 0.70% | |
| 3 years5.64% annualised | ₹3,60,000 | ₹3,93,089 | 9.19% | |
| 5 years5.55% annualised | ₹6,00,000 | ₹6,92,881 | 15.48% |
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 ₹16.25 as on 24 Sep 2026.
What is the expense ratio of Nippon India Equity Savings Fund?
The expense ratio of Nippon India Equity Savings Fund is 1.98% 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 -0.6% over 1 year, 3.3% over 3 years and 5.4% 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 Moderate 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 ₹7,67,506 Cr under management.