MonitorDirect · GrowthWatch before adding
Nippon India Nifty Next 50 Junior BeES FoF
Nippon India Mutual FundOther Scheme - FoF Domestic7.6 years
The Scheme seeks to provide returns that closely correspond to returns provided by Reliance ETF Junior BeES by investing in units of Reliance ETF Junior BeES.
- NAV
- 25.5156
- 30 Oct 2026
- 1Y
- -2.9%
- Trailing CAGR
- AUM
- ₹830.03 Cr
- 31 Aug 2026
- Volatility
- High
- 17.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 99% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer ICICI Prudential Diversified Equity All Cap Omni FOF if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
7.6 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.13% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -34.3%. Ask whether you can hold through a similar fall.
Vs category
Pass
99% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Himanshu Mange · 2.9 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.9%
- 3Y+16.0%
- 5Y+10.5%
- 10Yn/a
- SI+12.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-4.4%
- 3Y+3.0%
- 5Y+10.4%
- 10Yn/a
- Since inception
- +12.7%
- Calendar-day CAGR
- Excess 1Y
- -6.9%
- Category median, same plan and option
- 3Y win rate
- +99%
- Windows beating the median
- 3Y percentile
- 73
- Vs comparable share classes
- SIP 3Y XIRR
- +3.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +9.8%
- 1143 daily-ending windows
- Median rolling 3Y
- +18.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 652 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -34.3%
- Worst peak-to-trough
- Current
- -11.7%
- Below last peak
- Current spell
- 763 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 17 days
- 54 recovered episodes
- Longest recovery
- 238 days
- Trough to prior peak
24 Jan 2020 – 17 Nov 2020
Trough 24 Mar 2020 · recovered in 238 days
-34.3%
27 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-25.9%
18 Oct 2021 – 12 Sept 2022
Trough 20 Jun 2022 · recovered in 84 days
-20.0%
15 Sept 2022 – 5 Sept 2023
Trough 28 Mar 2023 · recovered in 161 days
-18.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
73
Vs category
7
Consistency
73
Risk-adjusted
48
Drawdown
14
Mean
43
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 99% of rolling 3-year windows.
- Three-year return is above the category median.
Portfolio
31 Aug 2026 · 2 holdings · top 10 are 100.0%.
- Top 5
- 100.0%
- Top 10
- 100.0%
- Largest holding
- 100.0%
- Effective holdings
- 1.0
Reliance ETF Junior BeES
Unspecified
100.0%
Repo
Unspecified
0.1%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
30 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential Diversified Equity All Cap Omni FOF
ICICI Prudential Mutual Fund
- 1Y
- -5.2%
- 3Y
- +13.9%
- Vol
- 15.6%
- Max DD
- -31.4%
- Sharpe
- 0.84
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
LIC MF Gold ETF Fund of Fund
LIC Mutual Fund
- 1Y
- +15.1%
- 3Y
- +30.1%
- Vol
- 23.5%
- Max DD
- -24.5%
- Sharpe
- 0.98
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
HDFC Gold ETF Fund of Fund
HDFC Mutual Fund
- 1Y
- +15.7%
- 3Y
- +30.3%
- Vol
- 15.3%
- Max DD
- -24.8%
- Sharpe
- 0.35
- 3Y win
- +52%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
ICICI Prudential Global Advantage Fund (FOF)
ICICI Prudential Mutual Fund
- 1Y
- +10.2%
- 3Y
- +21.5%
- Vol
- 14.1%
- Max DD
- -27.1%
- Sharpe
- 0.53
- 3Y win
- +28%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
Aditya Birla Sun Life Income Plus Arbitrage Active FOF
Aditya Birla Sun Life Mutual Fund
- 1Y
- +4.8%
- 3Y
- +7.1%
- Vol
- 4.7%
- Max DD
- -10.1%
- Sharpe
- 0.37
- 3Y win
- +11%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns