The Nippon India ETF Nifty Dividend Opportunities 50 follows a passive investment strategy. The fund seeks to replicate the composition and performance of the Nifty Dividend Opportunities 50 Index by investing in the same securities constituting the index in the same proportion. This approach minimizes tracking errors and ensures that the fund’s performance is closely aligned with that of the benchmark.
- Latest NAV (10th June 2024): ₹78.11
Performance
| Period | 1 Year CAGR % | 3 Year CAGR % | 5 Year CAGR % | Since Inception % |
| Nippon India ETF | 50.43% | 27.18% | 19.46% | 15.78% |
| Nifty Dividend Opportunities 50 TRI | 51.36% | 27.67% | 19.79% | 16.01% |
| S&P BSE Sensex TRI | 23.23% | 16.52% | 15.13% | 14.11% |
Nippon India ETF Nifty Dividend Opportunities 50 – Returns
| Period Invested for | ₹10000 Invested on | Latest Value | Absolute Returns |
| 1 Week | 03-Jun-24 | 9902.70 | -0.97% |
| 1 Month | 10-May-24 | 10534.00 | 5.34% |
| 3 Month | 07-Mar-24 | 10432.90 | 4.33% |
| 6 Month | 08-Dec-23 | 12115.30 | 21.15% |
| YTD | 01-Jan-24 | 11410.80 | 14.11% |
Nippon India ETF Nifty Dividend Opportunities 50 – Comparative Performance
1 Month
- Nippon India ETF Nifty Dividend Opportunities 50: 5.34%
- Nifty 50: 5.46%
- Nifty Dividend Opportunities 50 TRI: 5.41%
- Category Average: 4.41%
2 Months
- Nippon India ETF Nifty Dividend Opportunities 50: Approximately 4.33% (3M data shows cumulative effect)
- Nifty 50: 3.49%
- Nifty Dividend Opportunities 50 TRI: 5.09%
- Category Average: 5.64%
6 Months
- Nippon India ETF Nifty Dividend Opportunities 50: 21.15%
- Nifty 50: 10.92%
- Nifty Dividend Opportunities 50 TRI: 21.52%
- Category Average: 13.94%
Nippon India ETF Nifty Dividend Opportunities 50 – Portfolio Composition
- Equity: 99.34%
- Large Cap: 75.29%
- Mid Cap: 16.23%
- Small Cap: 2.12%
- Other: 5.7%
Top 10 Holdings
| Stock | Sector | % of Total Holdings |
| ITC Limited | Diversified FMCG | 9.44% |
| Tata Consultancy Services Ltd. | Computers – software & consulting | 8.90% |
| Infosys Ltd. | Computers – software & consulting | 8.84% |
| State Bank Of India | Public sector bank | 8.10% |
| Hindustan Unilever Ltd. | Diversified FMCG | 5.29% |
| National Thermal Power Corp Ltd | Power generation | 4.34% |
| Power Grid Corp of India Ltd. | Power – transmission | 3.59% |
| HCL Technologies Ltd. | Computers – software & consulting | 3.56% |
| Tata Steel Ltd. | Iron & steel products | 3.50% |
| Coal India Ltd. | Coal | 2.85% |
Currently, the Nippon India ETF Nifty Dividend Opportunities 50 is Not Ranked by CRISIL. It is characterized by a very high risk level. This classification means that the fund is subject to significant market volatility and fluctuations, which is typical for equity funds, especially those investing in a diverse set of dividend-paying stocks.
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.
