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Nippon The Indian Economic Transformation

Scheme Rating

IME Scheme Rating

The Scheme does not meet our selection criteria at this time

Not a recommended fund: This is not a recommended fund, primarily because the AMC does not meet our selection criteria. We believe that there are better fund houses to invest in, within the Indian mutual fund universe.

IME Strategy Rating

General Strategy: It is a Multicap Portfolio which aims to deliver superior returns by participating in India growth story through a focussed portfolio of high growth businesses that stand to benefit from economic transformation in India, including the shift in business from unorganised to organised sector.

PMS Scheme Ratings are driven by IME’s Proprietary Scheme Rating Methodology, which takes into account our ratings of the Scheme’s investment strategy, its maturity, the investment team, and our separate rating on the AMC that runs this particular scheme. Our views on each of these individual criteria are available via the IME RMS – which you can view by reaching out to one of our relationship managers (using either the live chat or book appointment feature on this site).

IME View on Nippon The Indian Economic Transformation

Type: Large Cap | Flexible | AUM (52 cr) | Inc Date (22 Oct 2018)

Nippon India Indian Economic Transformation- Investment Strategy

Focus on high growth business that benefit economic transformation in India

Nippon India’s Economic Transformation Portfolio is a multi-cap portfolio that seeks to build a focused portfolio of high-growth businesses that stand to benefit from the economic transformation in India (including the shift from unorganized to organized).

Investment Strategy

There are certain themes followed that lead to ‘Economic transformation’ which are: 

  • Informal Economy to Formal Economy– these sectors being Jewellery, Building materials, chemicals, digital, auto components
  • Unbranded to Branded (premiumization)– Sectors being consumer durable, FMCG, Apparels, Retail
  • Financialisation of Savings– SME/MSME lending, Rural lending, Wealth Management, Insurance & Asset Management 
  • Increasing Discretionary Spending– Consumer Staples, Healthcare & Wellness, Footwear, Hotels

Trailing Performance

1yr 3yr 5yr Since Inception
Nippon The Indian Economic Transformation 41.5 18.6 18.1 18.1
S&P BSE 500 TRI 39.5 19.5 19 18.4
Alpha over Broad Mkt BM 2 -0.9 -0.9 -0.3
Nifty 50 TRI 28.5 16.2 16.7
Alpha over Category BM 13 2.4 1.4

Performance as of: 28-Feb-23 | Inception Date: 22-Oct-18

Fund Managers

Varun Goel | 3-star rated FM

Fund Manager | 17 yrs Experience | 7 yrs at current firm

Past Experience: Motilal PMS (FM), Karvy PMS (Head), KC PMS (FM), Kotak PMS (AVP)

Varun’s experience has been exclusively in managing PMS portfolios, having been a fund manager/analyst at Motilal PMS, Karvy PMS, KC PMS and Kotak PMS. He joined Reliance PMS in Feb-2017.

Fee Structure

Fee StructureFee
Fixed Fee Structure2.5
Variable Fee Structures
Exit Fees1yr(2%)

AMC

AMC: (click link for detailed AMC review)

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