Nippon India Japan Equity Fund
- NAV as on 25 Sep 2026
- ₹28.02+0.88%1 day
- Return since launch
- 9.0%
- 52-week range
- ₹21.59 — ₹28.75
- AUM
- ₹353 Cr
Nippon India Japan Equity Fund is a International equity fund from Nippon India Mutual Fund with ₹353 Cr under management, launched in 2014. Over three years it has returned 22.8% a year, against 24.1% for its category. The expense ratio is 2.52% 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 +26.7% against +29.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 26.1% | 0.0 pts | 26.1% | 26.3% |
| 2Y | 26.0% | −1.7 pts | 27.7% | 29.9% |
| 3Y | 22.8% | −1.3 pts | 24.1% | 27.7% |
| 5Y | 18.1% | +7.9 pts | 10.1% | 21.8% |
| 7Y | 14.2% | −1.0 pts | 15.3% | 18.4% |
| 10Y | 12.0% | +0.7 pts | 11.3% | 16.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.3% | +0.3 pts | -0.7% | -0.4% |
| 3M | 4.6% | +2.1 pts | 2.5% | 3.1% |
| 6M | 14.2% | −2.2 pts | 16.4% | 18.7% |
| 1Y | 26.7% | +0.6 pts | 26.1% | 28.0% |
| 2Y | 19.8% | −3.4 pts | 23.2% | 26.1% |
| 3Y | 20.8% | −3.2 pts | 24.1% | 26.8% |
| 5Y | 9.0% | −1.2 pts | 10.1% | 14.1% |
| 7Y | 11.1% | −1.5 pts | 12.6% | 17.2% |
| 10Y | 10.2% | −1.1 pts | 11.3% | 14.6% |
Since launch (8 Aug 2014): 9.0%
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 24 Sep 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 | 0.99 | 1.11 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.55 | 2.09 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.29 | 24.41 | 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 31 Aug 2026
Asset allocation
- Equity91.2%
- Debt0.1%
- Other8.7%
Market cap split
- Large100.0%
- P/E
- 1.96
- P/B
- 2.10
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 8.78% | ₹30.97 Cr | +0.03% | +0.03% | 0.00% |
| Recruit Holdings Co. Ltd. | Diversified | 4.97% | ₹17.51 Cr | +4.30% | +2.37% | +3.20% |
| Nippon Yusen Kabushiki Kaisha | Services | 3.78% | ₹13.33 Cr | +2.49% | +3.10% | +3.03% |
| Kao Corporation | Consumer Staples | 3.52% | ₹12.39 Cr | +2.59% | +3.03% | +3.09% |
| Bridgestone Corporation | Automobile | 3.50% | ₹12.35 Cr | +2.78% | +2.97% | +3.38% |
| Nomura Holdings Inc | Financial | 3.40% | ₹11.97 Cr | — | — | — |
| Hitachi Ltd. | Capital Goods | 3.36% | ₹11.85 Cr | +2.88% | +3.06% | +3.25% |
| Mitsubishi UFJ Financial Group Inc | Financial | 3.35% | ₹11.80 Cr | +3.00% | +3.41% | +3.34% |
| Itochu Corporation | Services | 3.33% | ₹11.75 Cr | — | — | — |
| Terumo Corp. | Healthcare | 3.33% | ₹11.74 Cr | +3.08% | +2.61% | — |
| Keyence Corp | Capital Goods | 3.26% | ₹11.49 Cr | +3.59% | +3.34% | +2.75% |
| Toyota Motor Corporation | Automobile | 3.26% | ₹11.48 Cr | +2.39% | +3.37% | +3.12% |
| Mitsubishi Chemical Holdings Corporation | Chemicals | 3.21% | ₹11.31 Cr | — | — | — |
| Daiwa House Industry Co Ltd. | Construction | 3.16% | ₹11.15 Cr | +2.21% | +3.14% | +3.11% |
| Tokio Marine Holdings Inc. | Insurance | 3.11% | ₹10.95 Cr | +3.19% | +3.36% | +3.36% |
| Ajinomoto Co.,Inc. | Consumer Staples | 3.08% | ₹10.87 Cr | +3.08% | +4.47% | +3.95% |
| Dai-Ichi Life Holdings Inc | Insurance | 3.02% | ₹10.64 Cr | +3.04% | +3.52% | +3.23% |
| Mitsubishi Heavy Industries Ltd. | Capital Goods | 3.00% | ₹10.57 Cr | +2.09% | +3.51% | +3.19% |
| SMC Corporation | Capital Goods | 2.99% | ₹10.56 Cr | +2.86% | +3.96% | +2.40% |
| Secom Co. Ltd. | Services | 2.99% | ₹10.54 Cr | — | — | — |
| Orix Corporate | Financial | 2.93% | ₹10.32 Cr | +3.46% | +3.36% | +3.64% |
| Pan Pacific International Holdings Corporation | Services | 2.84% | ₹10.02 Cr | — | — | — |
| Kyowa Exeo Corp | Construction | 2.80% | ₹9.88 Cr | — | — | — |
| Daikin Industries Ltd. | Construction | 2.65% | ₹9.35 Cr | — | — | — |
| Fast Retailing Co Ltd. | Services | 2.58% | ₹9.09 Cr | +3.41% | +3.49% | +3.04% |
| Daifuku Co Ltd. | Capital Goods | 2.48% | ₹8.73 Cr | — | — | — |
| Shin Etsu Chemical Co. | Chemicals | 2.38% | ₹8.38 Cr | +3.29% | +3.66% | +3.08% |
| TDK Corp | Capital Goods | 2.38% | ₹8.38 Cr | +5.21% | +3.14% | +3.60% |
| Tokyo Electron Ltd. | Capital Goods | 2.29% | ₹8.09 Cr | +3.61% | +3.96% | +2.83% |
| Soft Bank Group Corp | Communication | 2.15% | ₹7.58 Cr | — | — | — |
| Sumitomo Electric Industries Ltd. | Capital Goods | 2.12% | ₹7.48 Cr | +3.54% | +4.24% | +4.77% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Recruit Holdings Co. Ltd. | 3.53% | 4.97% | +1.44% |
| Pan Pacific International Holdings Corporation | 3.28% | 2.84% | -0.44% |
| Nippon Yusen Kabushiki Kaisha | 3.38% | 3.78% | +0.40% |
| Daikin Industries Ltd. | 3.01% | 2.65% | -0.36% |
| Fast Retailing Co Ltd. | 2.87% | 2.58% | -0.29% |
| Secom Co. Ltd. | 3.27% | 2.99% | -0.28% |
| Kao Corporation | 3.25% | 3.52% | +0.27% |
| Tokio Marine Holdings Inc. | 3.37% | 3.11% | -0.26% |
| Dai-Ichi Life Holdings Inc | 3.25% | 3.02% | -0.23% |
| Ajinomoto Co.,Inc. | 2.92% | 3.08% | +0.16% |
| Terumo Corp. | 3.17% | 3.33% | +0.16% |
| Daifuku Co Ltd. | 2.63% | 2.48% | -0.15% |
| Nomura Holdings Inc | 3.25% | 3.40% | +0.15% |
| Orix Corporate | 3.08% | 2.93% | -0.15% |
| Daiwa House Industry Co Ltd. | 3.26% | 3.16% | -0.10% |
| Soft Bank Group Corp | 2.24% | 2.15% | -0.09% |
| SMC Corporation | 3.08% | 2.99% | -0.09% |
| Kyowa Exeo Corp | 2.86% | 2.80% | -0.06% |
| Itochu Corporation | 3.28% | 3.33% | +0.05% |
| Bridgestone Corporation | 3.45% | 3.50% | +0.05% |
| Mitsubishi Chemical Holdings Corporation | 3.26% | 3.21% | -0.05% |
| Tokyo Electron Ltd. | 2.33% | 2.29% | -0.04% |
| Sumitomo Electric Industries Ltd. | 2.15% | 2.12% | -0.03% |
| Shin Etsu Chemical Co. | 2.36% | 2.38% | +0.02% |
| TDK Corp | 2.39% | 2.38% | -0.01% |
| Mitsubishi Heavy Industries Ltd. | 2.99% | 3.00% | +0.01% |
| Hitachi Ltd. | 3.36% | 3.36% | 0.00% |
| Keyence Corp | 3.26% | 3.26% | 0.00% |
| Mitsubishi UFJ Financial Group Inc | 3.35% | 3.35% | 0.00% |
| Others | 0.05% | 0.05% | 0.00% |
| Toyota Motor Corporation | 3.26% | 3.26% | 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 | ₹1,554 Cr | 1.67% | 50.6% | 42.9% | 25.6% |
 Edelweiss US Technology Equity FoF | ₹4,348 Cr | 1.54% | 33.5% | 30.1% | 27.3% |
 DSP Global Innovation Overseas Equity Omni FoF | ₹1,447 Cr | 2.05% | 26.6% | 26.7% | — |
| Nippon India Taiwan Equity Fund | ₹1,128 Cr | 2.34% | 117.6% | 78.8% | — |
 HSBC Global Emerging Markets Fund | ₹519 Cr | 1.44% | 34.3% | 35.5% | 23.9% |
 ICICI Prudential Strategic Metal and Energy Equity FoF | ₹328 Cr | 0.98% | 41.2% | 43.2% | — |
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 months14.18% absolute | ₹60,000 | ₹68,508 | 14.18% | |
| 1 year26.71% annualised | ₹1,20,000 | ₹1,38,861 | 15.72% | |
| 3 years20.83% annualised | ₹3,60,000 | ₹5,02,908 | 39.70% | |
| 5 years8.96% annualised | ₹6,00,000 | ₹7,59,076 | 26.51% |
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.