An open ended Multi Cap Equity Scheme investing in maximum 30 stocks

Nippon India Focused Equity Fund is a multi cap fund which enedeavours to invest in an active and concentrated portfolio of upto 30 stocks across market capitalisation.
The fund adopts a combination of top-down and bottom-up investment approach to identify sector and stock weightage in the portfolio. The portfolio is well diversified across stocks & themes.
The fund strategy revolves around – niche ideas, focus on good quality companies and an optimal mix of Growth & Value plays

April 28, 2018

Vinay Sharma
Prateek Poddar (Co-Fund Manager)

S&P BSE 500 TRI

Monthly Average :	₹ 5,964.76 Cr
Month End :	₹ 5,638.33 Cr

Growth Plan	₹ 74.8861
IDCW Plan	₹ 29.1985
Direct - Growth Plan	₹ 80.3395
Direct - IDCW Plan	₹ 37.0738

Entry Load:	Nil
Exit Load:	10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load, Redemption of units would be done on First in First out Basis (FIFO): • 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. • Nil, thereafter.

Standard Deviation	7.77
Beta	1.16
Sharpe Ratio	0.20
Note: The above measures have been calculated using monthly rolling returns for 36 months period with 3.41% risk free return (FBIL Overnight MIBOR as on 30/11/2021).

Portfolio Turnover

0.74

Regular/Other than Direct	2.07
Direct	1.31

*Date of Recategorisation: April 28, 2018
*Reliance Focused Large Cap Fund was merged into Reliance Mid & Small Cap Fund and the merged scheme was renamed as Nippon India Focused Equity Fund (formerly Reliance Focused Equity Fund) (‘Scheme’) with effect from April 28, 2018. In line with SEBI circular SEBI/HO/IMD/DF3/CIR/P/2018/69 dated April 12, 2018, since the Scheme did not retain the features of either the transferor or transferee scheme, the performance has been provided herein since the effective date i.e. April 28, 2018
Past performance may or may not be sustained in future. It is assumed that a SIP of ₹10,000 each executed on 10th of every month including the first installment in the Growth option of the Fund. Returns on SIP and Benchmark are annualized and cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been worked out on excel spreadsheet function known as XIRR. Load has not been taken into consideration.
B: Benchmark, AB: Additional Benchmark, TRI: Total Return Index
TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns
For scheme performance please click here. For Fund manager wise scheme performance click here.

Record Date	Rate (₹/ Unit)	Cum IDCW NAV	Ex-IDCW NAV
IDCW Plan
06-Mar-20	1.33	17.6468	16.1468
08-Mar-19	1.55	21.3154	19.5654
Direct - IDCW Plan
06-Mar-20	1.33	21.7651	20.2651
08-Mar-19	1.55	25.7195	23.9695

Past performance may or may not be sustained in future. Pursuant to IDCW payment, NAV falls to the extent of payout & statutory levy (if applicable). Face Value-₹ 10.