Nippon India Value Fund
Direct · GrowthAI Summary
Nippon India Value Fund has delivered strong SIP XIRR across long horizons, with 19.6% over 3Y and 19.41% over 5Y, beating the category average SIP XIRR of 16.98% and 17.02% respectively. Against the NIFTY50 VALUE 20 benchmark, the fund shows consistent alpha of 7.68% over 3Y and 6.05% over 5Y, with lump-sum fund CAGR of 11.25% versus the benchmark's 3.46% over 3Y. However, the 1Y SIP XIRR of 10.97% trails the category average of 11.63%, reflecting recent weakness including a -12.64% calendar year return in 2026.
The fund exhibits a defensive risk profile with beta below 1 across all periods (0.87-0.99) and downside capture of 81-93%, meaning it loses less than the benchmark in falling markets. It has experienced 8 drawdown events exceeding 10%, and the maximum drawdown duration of 790 days with a 233-day recovery indicates investors may face prolonged recovery periods. Calmar ratios of 0.42-0.52 across horizons suggest moderate risk-adjusted returns relative to the depth of its worst drawdowns.
The portfolio is heavily weighted toward banks, which account for 26.1% of assets, with the top 10 holdings dominated by five banks including HDFC Bank (7.31%) and SBI (4.37%). With 78 total holdings, the fund offers reasonable diversification at the stock level, though sector concentration in financials is significant. Other notable exposures include Consumer Durables (7.4%), Power (6.9%), and IT-Software (5.5%), providing some balance beyond financials.
The fund outperforms its category on SIP XIRR over 3Y, 5Y, 7Y, 10Y, and 12Y horizons, with the 12Y XIRR of 17.56% exceeding the category average of 16.1% by 1.46 percentage points. Long-term consistency is a hallmark, with positive alpha against its value benchmark across all measured periods from 1Y to 15Y. The only soft spot is the 1Y horizon, where its 10.97% XIRR lags the category's 11.63%.
This fund suits investors seeking long-term wealth creation through a value-oriented approach who can tolerate multi-year drawdown periods, as evidenced by the 790-day maximum drawdown duration. A minimum horizon of 5-7 years is advisable to allow the fund's consistent long-term alpha to materialize. It is appropriate for investors with moderate-to-high risk tolerance who want lower downside capture than the benchmark but can accept bank-heavy sector concentration.
- Consistent alpha versus the NIFTY50 VALUE 20 benchmark across all periods, including 7.68% over 3Y and 6.05% over 5Y
- SIP XIRR beats category averages over 3Y through 12Y horizons, with 19.6% over 3Y versus the category's 16.98%
- Defensive downside capture of 81-87% over longer horizons, limiting losses relative to the benchmark in weak markets
- Heavy sector concentration in banks at 26.1% of the portfolio, with five of the top ten holdings from the banking sector
- Recent underperformance with a -12.64% calendar year return in 2026 and 1Y SIP XIRR of 10.97% trailing the category average of 11.63%
Generated on 27-10-2026, 2:12 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.75 L | 20.9% | -58.8% | 102.5% |
| 3 Years | ₹36.00 L | ₹46.34 L | 17.4% | -23.5% | 40.4% |
| 5 Years | ₹60.00 L | ₹92.70 L | 17.3% | -9.5% | 34.5% |
| 7 Years | ₹84.00 L | ₹1.56 Cr | 17.4% | -1.3% | 27.5% |
| 10 Years | ₹1.20 Cr | ₹3.16 Cr | 18.2% | 13.8% | 22.4% |
| 12 Years | ₹1.44 Cr | ₹4.55 Cr | 17.6% | 14.1% | 20.6% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY50 VALUE 20 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 20.9% | 14.9% | 11.6% | +6.0% |
| 3 Years | 17.4% | 12.9% | 16.9% | +4.5% |
| 5 Years | 17.3% | 13.5% | 17.0% | +3.7% |
| 7 Years | 17.4% | 13.3% | 16.0% | +4.1% |
| 10 Years | 18.2% | 13.6% | 16.5% | +4.6% |
| 12 Years | 17.6% | 14.1% | 16.1% | +3.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 19.9% | 12.5% | -33.3% | 102.7% | 0.56 | 2.00 | 82% | — | — |
| 3 Years | 17.7% | 18.6% | -6.5% | 36.4% | 1.44 | 6.30 | 98% | — | — |
| 5 Years | 17.0% | 16.9% | -0.7% | 34.8% | 1.60 | 14.11 | 100% | — | — |
| 10 Years | 17.2% | 16.8% | 13.9% | 20.6% | 6.77 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +1.97 | 0.99 | 94.2% | 91.5% | -11.5% | -13.7% |
| 3 Years | +7.91 | 0.96 | 97.3% | 86.5% | 11.9% | 3.8% |
| 5 Years | +6.20 | 0.91 | 92.5% | 84.1% | 11.6% | 5.3% |
| 7 Years | +6.14 | 0.90 | 89.9% | 82.3% | 16.6% | 10.9% |
| 10 Years | +3.10 | 0.88 | 86.9% | 81.8% | 14.2% | 11.8% |
| 12 Years | +4.80 | 0.88 | 87.8% | 81.3% | 14.0% | 9.6% |
| 15 Years | +3.72 | 0.87 | 87.1% | 81.3% | 13.4% | 10.2% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | HDFC Bank Limited | 7.31% |
| 2 | State Bank of India | 4.37% |
| 3 | Axis Bank Limited | 3.81% |
| 4 | NTPC Limited | 3.59% |
| 5 | ICICI Bank Limited | 3.36% |
| 6 | Kotak Mahindra Bank Limited | 3.27% |
| 7 | Reliance Industries Limited | 2.69% |
| 8 | IndusInd Bank Limited | 2.69% |
| 9 | Bharat Heavy Electricals Limited | 2.50% |
| 10 | Bharti Airtel Limited | 2.32% |