Nippon India Investment Unit Trust - Nippon India Equity A SGD

To provide a long-term capital appreciation primarily through investment in equity and equity-related investments such as futures and options of companies established in or operating, in India.

iFAST Research Team
iFAST Research Team09 Sep 2026 13 Views
Nippon India Investment Unit Trust - Nippon India Equity A SGD
2026 | 2025 | 2024

  • The fund manager employs a Growth at a Reasonable Price approach, combining top-down and bottom-up research methodologies to identify high-quality companies with strong management, consistent sales growth above sector average or those on the cusp of growth recovery.
  • The fund adopts a multi-capitalisation strategy, viewing large-capitalisation companies as current market leaders and smaller-capitalisation names as potential leaders of tomorrow.
  • The fund is benchmark-aware and targets an active share of around 50% relative to the MSCI India TRR USD.
  • As of 31 March 2026, the fund held 74 holdings, with top sector exposures in Financials and Consumer Discretionary. The fund is overweight in Financials due to attractive valuations in lenders, insurance companies and equity-market-linked stocks as well as Consumer Discretionary, which is supported by India’s rising incomes and growing aspirations.
  • Looking forward, the fund manager remains constructive on domestic manufacturing led by the “China+1” theme and strong government efforts to boost domestic manufacturing.

Fund Investment Style

Source: Bloomberg Finance L.P., iFAST Compilations
Monthly total returns including gross dividends in SGD terms as of 31 Mar 2026

Recommended fund

3-year annualised return

3-year maximum drawdown

3-year downside deviation

3-year Sortino ratio

Nippon India Investment Unit Trust - Nippon India Equity A SGD

5.7%

-27.5%

10.6%

0.31

Peer Average

3.4%

-27.3%

10.6%

0.09

Source: Bloomberg Finance L.P., iFAST Compilations
Monthly total returns including gross dividends in SGD terms as of 31 Mar 2026

About the Fund Managers

The fund is managed by Sulabh Jhajharia, who has been managing the fund since its inception in 2016. Sulabh has also been with the firm since 2007 and has now completed 18 years with the firm and researching and managing Indian equities. The portfolio manager also has an investment team which comprises 30 members. The portfolio manager focuses on investing in high-quality companies that demonstrate consistent sales growth and generate a return on capital employed that exceeds their cost of capital.

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