Nippon India Japan Equity Fund
- NAV as on 9 Nov 2026
- ₹25.85+2.03%1 day
- Return since launch
- 8.0%
- 52-week range
- ₹21.59 — ₹28.88
- AUM
- ₹358 Cr
Nippon India Japan Equity Fund is a International equity fund from Nippon India Mutual Fund with ₹358 Cr under management, launched in 2014. Over three years it has returned 15.5% a year, against 19.5% for its category. The expense ratio is 2.50% and the SEBI riskometer reading is Very High.
Performance
Nippon India Japan Equity Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +16.2% against +17.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.4% | −9.0 pts | 11.4% | 6.4% |
| 2Y | 14.8% | +0.8 pts | 14.1% | 19.7% |
| 3Y | 15.5% | −4.0 pts | 19.5% | 21.1% |
| 5Y | 14.4% | +7.0 pts | 7.4% | 18.6% |
| 7Y | 11.6% | −0.3 pts | 11.9% | 15.9% |
| 10Y | 10.3% | −0.2 pts | 10.5% | 14.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -8.1% | +0.7 pts | -8.8% | -6.2% |
| 3M | -9.3% | −0.3 pts | -8.9% | -6.3% |
| 6M | -3.2% | +4.6 pts | -7.8% | -3.4% |
| 1Y | 15.9% | +4.5 pts | 11.4% | 17.8% |
| 2Y | 17.2% | +0.4 pts | 16.8% | 21.2% |
| 3Y | 18.2% | −1.3 pts | 19.5% | 23.7% |
| 5Y | 7.8% | +0.4 pts | 7.4% | 11.8% |
| 7Y | 8.9% | −1.3 pts | 10.2% | 15.0% |
| 10Y | 9.4% | −1.1 pts | 10.5% | 14.1% |
Since launch (8 Aug 2014): 8.0%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 19.8% | −12.4 pts | 32.2% |
| 2024 | 9.3% | −5.9 pts | 15.1% |
| 2023 | 18.7% | −3.8 pts | 22.6% |
| 2022 | -15.3% | −2.1 pts | -13.3% |
| 2021 | 5.7% | −6.0 pts | 11.7% |
| 2020 | 13.2% | −7.9 pts | 21.1% |
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
2.50%
Expense ratio as on 31 Oct 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.08%
- Brokerage
- 0.09%
- Transaction charges
- 0.00%
- Statutory levies
- 0.33%
- Exit load
- Exit load of 1% if redeemed within 1 year.
- Lock-in
- None
Terms
- Min SIP
- ₹-1
- Min lumpsum
- ₹-1
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- S&P Japan 500 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.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.12 | 1.36 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.68 | 2.21 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.00 | 19.72 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Nippon India Japan Equity Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity90.7%
- Debt0.1%
- Other9.3%
Market cap split
- Large92.6%
- Mid7.4%
- P/E
- 2.05
- P/B
- 2.17
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 9.30% | ₹33.37 Cr | +0.33% | +0.15% | +0.01% |
| Soft Bank Group Corp | Communication | 3.91% | ₹14.00 Cr | +2.55% | — | — |
| Tokyo Electron Ltd. | Capital Goods | 3.33% | ₹11.92 Cr | +3.25% | +3.03% | +3.27% |
| Sumitomo Electric Industries Ltd. | Capital Goods | 3.23% | ₹11.54 Cr | +2.90% | +2.78% | +3.16% |
| SMC Corporation | Capital Goods | 3.21% | ₹11.47 Cr | +3.13% | +2.93% | +3.19% |
| Tokio Marine Holdings Inc. | Insurance | 3.12% | ₹11.14 Cr | +3.01% | +3.87% | +3.11% |
| Daifuku Co Ltd. | Capital Goods | 3.10% | ₹11.07 Cr | +3.15% | — | — |
| TDK Corp | Capital Goods | 3.10% | ₹11.08 Cr | +2.86% | +2.95% | +3.27% |
| Hitachi Ltd. | Capital Goods | 3.09% | ₹11.04 Cr | +2.86% | +2.94% | +3.14% |
| Mitsubishi Heavy Industries Ltd. | Capital Goods | 3.09% | ₹11.06 Cr | +2.93% | +2.74% | +3.30% |
| Itochu Corporation | Services | 3.07% | ₹10.98 Cr | +3.04% | — | — |
| Recruit Holdings Co. Ltd. | Diversified | 3.07% | ₹10.99 Cr | +3.20% | +3.14% | +3.14% |
| Dai-Ichi Life Holdings Inc | Insurance | 3.05% | ₹10.90 Cr | +3.02% | +3.12% | +3.08% |
| Nippon Yusen Kabushiki Kaisha | Services | 3.05% | ₹10.89 Cr | +2.90% | +3.20% | +2.92% |
| Shin Etsu Chemical Co. | Chemicals | 3.04% | ₹10.87 Cr | +2.86% | +3.14% | +3.33% |
| Fast Retailing Co Ltd. | Services | 3.03% | ₹10.83 Cr | +3.05% | +3.01% | +3.07% |
| Keyence Corp | Capital Goods | 3.03% | ₹10.83 Cr | +3.27% | +2.91% | +3.08% |
| Daikin Industries Ltd. | Construction | 3.01% | ₹10.75 Cr | +3.21% | — | — |
| Mitsubishi UFJ Financial Group Inc | Financial | 3.01% | ₹10.77 Cr | +3.02% | +3.07% | +3.22% |
| Ajinomoto Co.,Inc. | Consumer Staples | 2.94% | ₹10.50 Cr | +3.47% | +3.11% | +3.17% |
| Kao Corporation | Consumer Staples | 2.93% | ₹10.49 Cr | +3.22% | +3.10% | +3.00% |
| Kyowa Exeo Corp | Construction | 2.92% | ₹10.43 Cr | +3.03% | — | — |
| Nomura Holdings Inc | Financial | 2.89% | ₹10.35 Cr | +3.04% | — | — |
| Secom Co. Ltd. | Services | 2.87% | ₹10.27 Cr | +3.08% | — | — |
| Orix Corporate | Financial | 2.85% | ₹10.19 Cr | +2.97% | +3.02% | +3.07% |
| Bridgestone Corporation | Automobile | 2.83% | ₹10.13 Cr | +2.99% | +3.12% | +3.10% |
| Toyota Motor Corporation | Automobile | 2.80% | ₹10.00 Cr | +2.91% | +2.93% | +3.09% |
| Pan Pacific International Holdings Corporation | Services | 2.79% | ₹9.98 Cr | +3.00% | — | — |
| Terumo Corp. | Healthcare | 2.79% | ₹9.97 Cr | +3.06% | +3.20% | +3.11% |
| Mitsubishi Chemical Holdings Corporation | Chemicals | 2.78% | ₹9.94 Cr | +3.11% | — | — |
| Daiwa House Industry Co Ltd. | Construction | 2.77% | ₹9.91 Cr | +3.09% | +2.97% | +3.07% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Recruit Holdings Co. Ltd. | 4.97% | 3.07% | -1.90% |
| Soft Bank Group Corp | 2.15% | 3.91% | +1.76% |
| Sumitomo Electric Industries Ltd. | 2.12% | 3.23% | +1.11% |
| Tokyo Electron Ltd. | 2.29% | 3.33% | +1.04% |
| Nippon Yusen Kabushiki Kaisha | 3.78% | 3.05% | -0.73% |
| TDK Corp | 2.38% | 3.10% | +0.72% |
| Bridgestone Corporation | 3.50% | 2.83% | -0.67% |
| Shin Etsu Chemical Co. | 2.38% | 3.04% | +0.66% |
| Daifuku Co Ltd. | 2.48% | 3.10% | +0.62% |
| Kao Corporation | 3.52% | 2.93% | -0.59% |
| Terumo Corp. | 3.33% | 2.79% | -0.54% |
| Nomura Holdings Inc | 3.40% | 2.89% | -0.51% |
| Toyota Motor Corporation | 3.26% | 2.80% | -0.46% |
| Fast Retailing Co Ltd. | 2.58% | 3.03% | +0.45% |
| Mitsubishi Chemical Holdings Corporation | 3.21% | 2.78% | -0.43% |
| Daiwa House Industry Co Ltd. | 3.16% | 2.77% | -0.39% |
| Daikin Industries Ltd. | 2.65% | 3.01% | +0.36% |
| Mitsubishi UFJ Financial Group Inc | 3.35% | 3.01% | -0.34% |
| Hitachi Ltd. | 3.36% | 3.09% | -0.27% |
| Itochu Corporation | 3.33% | 3.07% | -0.26% |
| Keyence Corp | 3.26% | 3.03% | -0.23% |
| SMC Corporation | 2.99% | 3.21% | +0.22% |
| Ajinomoto Co.,Inc. | 3.08% | 2.94% | -0.14% |
| Kyowa Exeo Corp | 2.80% | 2.92% | +0.12% |
| Secom Co. Ltd. | 2.99% | 2.87% | -0.12% |
| Mitsubishi Heavy Industries Ltd. | 3.00% | 3.09% | +0.09% |
| Orix Corporate | 2.93% | 2.85% | -0.08% |
| Pan Pacific International Holdings Corporation | 2.84% | 2.79% | -0.05% |
| Dai-Ichi Life Holdings Inc | 3.02% | 3.05% | +0.03% |
| Tokio Marine Holdings Inc. | 3.11% | 3.12% | +0.01% |
| Others | 0.05% | 0.05% | 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 | ₹760 Cr | 1.33% | 9.2% | 28.4% | 19.5% |
 HDFC Developed World Overseas Equity Passive FoF | ₹1,725 Cr | 0.60% | 6.3% | 19.6% | 19.1% |
| Nippon India Taiwan Equity Fund | ₹1,147 Cr | 2.39% | -3.4% | 42.6% | — |
 Invesco India - Invesco Global Equity Income FoF | ₹329 Cr | 1.31% | 16.1% | 20.5% | 20.2% |
 ICICI Prudential Strategic Metal and Energy Equity FoF | ₹326 Cr | 0.98% | 22.6% | 38.9% | — |
 Edelweiss Europe Dynamic Equity Offshore Fund | ₹273 Cr | 1.37% | 4.3% | 20.3% | 19.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The fund 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 Japan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Kinjal DesaiMs. Desai has done B.A (Economics), MSc. (Economics) and has cleared CFA Level 1She has been working with Nippon India Mutual Fund since year, 2012
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 months−3.24% absolute | ₹60,000 | ₹58,056 | −3.24% | |
| 1 year15.93% annualised | ₹1,20,000 | ₹1,30,876 | 9.06% | |
| 3 years18.20% annualised | ₹3,60,000 | ₹4,81,438 | 33.73% | |
| 5 years7.78% annualised | ₹6,00,000 | ₹7,35,307 | 22.55% |
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.