OtherIndex FundsDirect · Growth
Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option
Nippon India · Scheme 153064
₹12.57▲ 0.29%NAV · 2026-09-18
Strong FundScore
AUM
₹48 cr
Expense ratio
0.48%
3Y CAGR
—
Risk level
Very High
Min SIP
₹100
Benchmark
Underlying index
Fund manager: Himanshu MangeExit load: Nil
Strong · 75/100
A high-quality fund that scores well on the factors that matter.
🎯 Best held for the long term (5+ years) as part of a diversified portfolio.
📈 Why it could do well
- ✓Protects capital well — worst-ever fall was only 18%.
- ✓Low cost — 0.48% expense ratio means more of the return stays with you.
- ✓1Y return: +17.5%
- ✓Max drawdown: -18%
📉 What could drag it down
- •Weak risk-adjusted returns (Sharpe 0.44) — took on risk without enough payoff.
- •High volatility (20% a year) — expect big swings up and down.
- •Short track record — not enough history yet to judge long-term performance; treat the score as provisional.
- •Sharpe ratio: 0.44
- •Sortino ratio: 0.65
FundScore breakdown
75/100 · Strong
Returns
Excellent
Consistency
Average
Risk-adjusted
Weak
Downside protection
Excellent
Cost efficiency
Strong
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.