Prepared By - Vishesh Kumar
Nippon India Small Cap Fund
Analysis Report
Basic Fund & Scheme Details Top 10 Stock Holdings by the fund
Inception Date 01-Jan-13 Voltamp Transformers Ltd. 1.8%
AUM (in Crs. ) as on 31st May 24 ₹ 51,566.0 Crs HDFC Bank Ltd. 1.8%
Plan Type Direct Growth Tube Investments of India Ltd. 1.7%
Asset Class Equity Apar Industries Ltd. 1.5%
Scheme Type - Market Cap Small Cap Kirloskar Brothers Ltd. 1.5%
Benchmark BSE 250 Small Cap - TRI Bharat Heavy Electricals Ltd. 1.5%
Expense Ratio 0.68% Elantas Beck India Ltd. 1.4%
Entry Load 0% Larsen & Toubro Ltd. 1.3%
Exit Load 1% (<365 days) Multi Commodity Exchange Of India Ltd. 1.3%
Fund Manager(s) Samir Rachh, Kinjal Desai State Bank Of India 1.3%
Investment Philosophy Top Sector Holding by the Fund
The primary investment objective of the scheme is to
5.2% Capital Goods
generate long term capital appreciation by investing
6.9% Financials
predominantly in equity and equity related instruments 21.4%
of small cap companies and the secondary objective is Automobile And Ancillaries
7.0%
to generate consistent returns by investing in debt and Healthcare
money market securities. Technology
7.2%
FMCG
7.3% 13.5% Chemicals
SIP Performance Chart 10% Step up SIP Performance Chart
60,00,000 65.0% 80,00,000 65.0%
50,00,000 55.0%
60,00,000 55.0%
40,00,000
45.0% 45.0%
30,00,000 40,00,000
35.0% 35.0%
20,00,000
25.0% 20,00,000
10,00,000 25.0%
0 15.0% 0 15.0%
10 Yrs 7 Yrs 5 Yrs 3 Yrs 2 Yrs 1 Yrs 10 Yrs 7 Yrs 5 Yrs 3 Yrs 2 Yrs 1 Yrs
Invested Value Market Value XIRR Invested Value Market Value XIRR
Fund Overview
The fund has performed exceptionally well over its benchmark and category for a period of time. Even though the
risk is higher, the returns are superior for similar risk in benchmark and index. The fund has been managed by
Samir Rachh and Kinjal Desai. It is a mix of experienced team members.
Returns Analysis
CAGR %
Particulars 1 Yrs 3 Yrs 5 Yrs 7 Yrs 10 Yrs
Nippon India Small Cap Fund 58.89% 34.95% 34.97% 25.34% 25.88%
BSE 250 Small Cap - TRI 64.86% 27.72% 28.37% 17.48% 17.29%
BSE Sensex 23.15% 16.28% 17.82% 16.16% 14.82%
Value (in ₹)
Value of 1,00,000 invested - Lumpsum 1 Yrs 3 Yrs 5 Yrs 7 Yrs 10 Yrs
Nippon India Small Cap Fund 1,58,890 2,45,764 4,47,905 4,85,991 9,99,004
BSE 250 Small Cap - TRI 1,64,860 2,08,342 3,48,592 3,08,850 4,92,731
BSE Sensex 1,23,150 1,57,223 2,27,036 2,85,362 3,98,268
Value of 10,000 invested - Monthly SIP
Nippon India Small Cap Fund 1,56,714 6,45,647 16,90,879 27,35,894 53,28,748
BSE 250 Small Cap - TRI 1,56,315 6,14,799 14,78,520 22,16,466 37,33,861
BSE Sensex 1,34,675 4,59,199 9,36,522 14,95,204 26,08,552
Value of 10,000 invested - 10% Step up SIP
Nippon India Small Cap Fund 1,56,714 7,01,513 19,38,868 34,44,642 74,14,580
BSE 250 Small Cap - TRI 1,57,126 6,69,065 16,93,297 27,67,288 50,89,600
BSE Sensex 1,34,675 5,03,337 11,08,443 19,26,318 37,90,031
The CAGR Return of Lumpsum investment in the fund is 58.59%, 34.95%, 34.97%, 25.34% and 25.88% for 1
year, 3 years, 5 years,7 years and 10 years respectively. The XIRR return on SIP investment in the fund with same
tenure is 61.12%, 41.89%, 42.91%, 33.31% and 28.09%. The Fund has consistently delivered the returns superior
than its benchmark BSE 250 Small Cap and BSE Sensex Index.
Risk Analysis
Mean Return Std Dev Sharpe Sortino Beta Alpha
Nippon India Small Cap Fund 30.26% 14.54% 1.71% 2.78% 0.79% 9.70%
BSE 250 Small Cap - TRI 24.50% 17.66% 1.08% 1.87% N.A. N.A.
Equity : Flexi Cap 24.80% 15.00% 1.32% 2.27% 0.80% 4.12%
Number of Funds in Category 25 25 25 25 25 25
The Fund has been delivered annualized
average monthly return of 30.26% which is
more than 5.86% of the benchmark. Further
the fund has standard deviation of 14.54%
which is lower than the benchmark. The fund is
generating superier return over the same unit
of risk as of benchmark, hence the fund has
higher sharpe ratio and sortino ratio. The fund
has generated the adjusted alpha of close to
9.70% over Benchmark.
The fund has been categorized as Very High risk
aka above average risk than benchmark by
morning star.
Portfolio Analysis
Value & Growth Measures Investment Index Category
Price/Earnings 23.39 19.05 22.94
Price/Book 3.59 3.38 3.49
Price/Sales 2.61 2.27 2.26
Price/Cash Flow 21.31 15.46 21.48
Dividend Yield % 0.82 1.31 0.87
Long - Term Earnings % 21.3 22.14 22.54
Historical Earnings % 17.95 20.79 17.11
Sales Growth % 15.36 13.49 13.72
Cash - Flow Growth % 22.19 26.53 29.34
Book - Value Growth % 12.26 9.28 12.94
Sectors Investment% Category%
Basic Materials 10.88% 11.36%
Consumer Cyclical 11.71% 15.55%
Financial Services 13.57% 14.95%
Real Estate 0.40% 2.72%
Communication Services 1.55% 1.69%
Energy 1.07% 1.61%
Industrials 35.41% 31.15%
Technology 9.44% 6.77%
Consumer Defensive 6.88% 4.96%
Healthcare 7.63% 8.00%
Utilities 1.47% 1.24%
Major Portfolio movement in last 4 Quarters Addition Deletion
Century Plyboards (India) Limited 225.40% -
Galaxy Surfactants Limited 165.86% -
Westlife Foodworld Limited 95.67% -
NLC India Limited 83.22% -
Jindal Saw Limited 82.06% -
Persistent Systems Limited 66.66% -
Sonata Software Limited 59.19% -
Kaynes Technology India Limited 50.00% -
RBL Bank Limited 41.15% -
Emami Limited 39.80% -
Gokaldas Exports Limited 31.44% -
Larsen & Toubro Limited 27.98% -
Angel One Limited 26.59% -
Voltas Limited 21.48% -
HDFC Bank Limited 19.42% -
Raymond Limited 17.90% -
Capital Small Finance Bank Limited 16.39% -
MTAR Technologies Limited 15.16% -
Disclaimer: This report is made as part of educational assignment and is meant for educational purpose only. The author of the report is not liable for any
losses due to actions taken basis this report. It is advisable to consult SEBI registered reasearch analyst before making any investments.
