Nippon India Japan Equity Fund

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:

1. Returns: It denotes the rise in the investment's worth during the investment period, expressed as a percentage or a monetary value. As part of our analysis, we evaluated six return parameters of this fund. We have classified the return parameters into three performance groups: the top 25%, parameters that fall below the top 25% but remain above average, and parameters that are below average. The performance of each parameter is outlined below.
   1. Top 25%: Two return parameters of the Nippon India Japan Equity Fund are in the top 25% in the category, as listed below:
      
      • 1M Return %
      • 3M Return %
   2. Above Average Below the Top 25%: One return parameter of the Nippon India Japan Equity Fund is above average but below the top 25% in the category, as listed below:
      
      • 6M Return %
   3. Below Average: Nippon India Japan Equity Fund has three return parameters that are below average in the category, which are listed below:
      
      • 5Y Return %
      • 3Y Return %
      • 1Y Return %
2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. For Nippon India Japan Equity Fund, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
   1. Lowest 25%: Nippon India Japan Equity Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
   2. Below Average but Above the Lowest 25%: Nippon India Japan Equity Fund has two risk parameters that are below average but above the lowest 25% in the category. These are:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 15.4 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 11.31 %.
   3. Above Average: Nippon India Japan Equity Fund does not have any risk parameters above average; which is a good sign.
3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated four risk-adjusted performance parameters of the fund.
   1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
   2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
   3. Below Average Risk Adjusted Performance Parameters: Nippon India Japan Equity Fund has four risk-adjusted performance parameters of the fund that are below average in the category.
      • Sharpe Ratio: Nippon India Japan Equity Fund has a Sharpe Ratio of -0.02 compared to the category average of 0.17.
      • Sterling Ratio: Nippon India Japan Equity Fund has a Sterling Ratio of 0.23 compared to the category average of 0.36.
      • Sortino Ratio: Nippon India Japan Equity Fund has a Sortino Ratio of 0.02 compared to the category average of 0.11.
      • Treynor Ratio: Nippon India Japan Equity Fund has a Treynor Ratio of -0.01 compared to the category average of 0.03.

Date	Nippon India Japan Equity Fund NAV Regular Growth	Nippon India Japan Equity Fund NAV Direct Growth
07-03-2025	19.3698	21.529
06-03-2025	19.4521	21.6198
05-03-2025	19.2486	21.3929
04-03-2025	19.3242	21.4763
03-03-2025	19.3141	21.4644
28-02-2025	19.0566	21.1762
27-02-2025	19.4663	21.6309
25-02-2025	19.2253	21.3617
21-02-2025	19.2121	21.3443
20-02-2025	19.2561	21.3925
19-02-2025	19.3157	21.4581
18-02-2025	19.3817	21.5307
17-02-2025	19.3598	21.5057
14-02-2025	19.209	21.3362
13-02-2025	19.0934	21.2071
12-02-2025	18.9765	21.0766
10-02-2025	19.3203	21.4571
07-02-2025	19.3489	21.487