Nippon India Japan Equity Fund vs SBI Healthcare Opportunities Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Japan Equity Fund is a Thematic fund and SBI Healthcare Opportunities Fund is a Thematic fund. In the 3 years to 30-10-2026, Nippon India Japan Equity Fund (Direct) returned 23.9% a year and SBI Healthcare Opportunities Fund (Direct) returned 24.6% a year. Nippon India Japan Equity Fund charges 1.37% a year and SBI Healthcare Opportunities Fund 1.01% (Direct plans). Their portfolios overlap 0.0%: they hold 0 of the same securities.
Nippon India Japan Equity Fund
Thematic
- 3 year return
- 23.9%
- Expense ratio
- 1.37%
- NAV
- ₹31.06
SBI Healthcare Opportunities Fund
Thematic
- 3 year return
- 24.6%
- Expense ratio
- 1.01%
- NAV
- ₹588.16
Which is better, Nippon India Japan Equity or SBI Healthcare Opportunities? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Healthcare Opportunities returned more over 5 years: 19.2% a year against 10.5%.
- SBI Healthcare Opportunities returned more over 3 years: 24.6% a year against 23.9%.
- SBI Healthcare Opportunities costs less: 1.01% a year against 1.37% (Direct plans).
- SBI Healthcare Opportunities swung less over 3 years: a standard deviation of 13.1% a year against 18.0%.
- Nippon India Japan Equity fell less in its worst fall since 27-08-2014: −29.9% against −30.5%.
- Nippon India Japan Equity holds 90.7% of the fund in foreign stocks; SBI Healthcare Opportunities 0.0%.
- SBI Healthcare Opportunities holds more in large companies: 32.3% of the fund in large caps against 0.0%.
- SBI Healthcare Opportunities is the larger fund: ₹5,870 Cr against ₹358 Cr.
- Their portfolios overlap 0.0%: 0 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Nippon India Japan Equity Fund | SBI Healthcare Opportunities Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | SBI Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹358 Cr (30-09-2026) | ₹5,870 Cr (30-09-2026) |
| NAV | ₹31.06 (Direct) | ₹588.16 (Direct) |
| Expense ratio (Direct) | 1.37% | 1.01% |
| Expense ratio (Regular) | 2.50% | 1.99% |
| Riskometer | Very High | Not available |
| Benchmark | S&P Japan 500 TRI | Not available |
| Launch date | 26-08-2014 | Not available |
| Minimum investment | 5000; Note - Lumpsum subscription under the Scheme is suspended temporarily with effect from February 26, 2024 | Not available |
| Lock in | None | Not available |
| Fund managers | Kinjal Desai | Not available |
| Exit load | 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.Nil, thereafter. | Not available |
Nippon India Japan Equity vs SBI Healthcare Opportunities: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Nippon India Japan Equity Fund (Direct) | −3.75% | +2.54% | +8.35% | +24.78% | +23.88% | +10.52% | +11.11% |
| SBI Healthcare Opportunities Fund (Direct) | +0.31% | −0.59% | +16.00% | +17.12% | +24.60% | +19.22% | +14.72% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Nippon India Japan Equity vs SBI Healthcare Opportunities: Year-wise Returns
| Year | Nippon India Japan EquityNippon India Japan Equity | SBI Healthcare OpportunitiesSBI Healthcare Opportunities |
|---|---|---|
| 2026to date | +22.85% | +21.31% |
| 2025 | +21.19% | −2.50% |
| 2024 | +10.62% | +43.75% |
| 2023 | +20.32% | +39.72% |
| 2022 | −14.18% | −5.01% |
| 2021 | +7.04% | +21.48% |
Nippon India Japan Equity vs SBI Healthcare Opportunities: Rolling Returns
Every holding period of both funds, against BSE Healthcare TRI, the benchmark of SBI Healthcare Opportunities Fund
Rolling returns
Every 3-year holding period, 2,121 of them, one for each trading day from 28-08-2017 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Nippon India Japan Equity Fund (Direct)
SBI Healthcare Opportunities Fund (Direct)
BSE Healthcare TRI
to
May 2018Dec 2016
to
Dec 2019Jul 2018
to
Jul 2021Jan 2020
to
Jan 2023Aug 2021
to
Aug 2024Feb 2023
to
Feb 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Japan Equity | 0.4 | 25.6 | 37.6 | 22.3 | 8.2 | 5.8 | 0.0 | 9.1% | 8.4% | −0.4% | 24.8% | 33% |
| SBI Healthcare Opportunities | 22.4 | 4.8 | 4.5 | 3.6 | 14.9 | 26.0 | 23.8 | 14.9% | 19.9% | −8.9% | 31.1% | 86% |
| BSE Healthcare TRI | 26.5 | 3.5 | 1.9 | 12.0 | 20.0 | 28.7 | 7.3 | 12.6% | 16.5% | −9.9% | 28.8% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE Healthcare TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 27-08-2014. Past returns do not promise future returns.
Nippon India Japan Equity vs SBI Healthcare Opportunities: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 27-08-2014 to 30-10-2026: 147 instalments, ₹14,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Japan EquityNippon India Japan Equity Fund (Direct) | ₹14,70,000 | ₹31,45,026 | ₹16,75,026 | 11.8% |
| SBI Healthcare OpportunitiesSBI Healthcare Opportunities Fund (Direct) | ₹14,70,000 | ₹46,26,904 | ₹31,56,904 | 17.4% |
Nippon India Japan EquityNippon India Japan Equity Fund (Direct)
SBI Healthcare OpportunitiesSBI Healthcare Opportunities Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Nippon India Japan Equity vs SBI Healthcare Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Japan Equity Fund (Direct) | SBI Healthcare Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +24.78% | +17.12% |
| Standard deviation | 18.16% | 13.36% |
| Sharpe ratio | 1.08 | 0.89 |
| Sortino ratio | 1.59 | 1.33 |
| Maximum drawdown | −9.7% (23-03-2026) | −10.3% (23-10-2026) |
| Beta | -- | 0.93 |
| Alpha | -- | +5.25% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Japan Equity Fund (Direct) | SBI Healthcare Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +23.88% | +24.60% |
| Standard deviation | 17.96% | 13.07% |
| Sharpe ratio | 0.99 | 1.42 |
| Sortino ratio | 1.45 | 2.03 |
| Maximum drawdown | −15.7% (07-04-2025) | −13.5% (28-02-2025) |
| Beta | -- | 0.88 |
| Alpha | -- | +3.61% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Japan Equity Fund (Direct) | SBI Healthcare Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.52% | +19.22% |
| Standard deviation | 17.30% | 12.96% |
| Sharpe ratio | 0.27 | 1.04 |
| Sortino ratio | 0.39 | 1.48 |
| Maximum drawdown | −27.7% (21-10-2022) | −17.4% (17-06-2022) |
| Beta | -- | 0.88 |
| Alpha | -- | +4.81% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Japan Equity Fund (Direct) | SBI Healthcare Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.82% | +17.93% |
| Standard deviation | 15.92% | 15.96% |
| Sharpe ratio | 0.26 | 0.74 |
| Sortino ratio | 0.37 | 1.05 |
| Maximum drawdown | −29.9% (21-10-2022) | −30.5% (23-03-2020) |
| Beta | -- | 0.91 |
| Alpha | -- | +3.97% |
From daily NAVs, 27-08-2014 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Nippon India Japan Equity Fund (Direct)
SBI Healthcare Opportunities Fund (Direct)
BSE Healthcare TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Japan Equity Fund (Direct) | −29.9% | 14-09-2021 | 21-10-2022 | 04-03-2024 | 16 months | −5.0% |
| SBI Healthcare Opportunities Fund (Direct) | −30.5% | 23-10-2015 | 23-03-2020 | 22-06-2020 | 3 months | −3.8% |
| BSE Healthcare TRI | −38.8% | 08-04-2015 | 23-03-2020 | 31-07-2020 | 4 months | −3.8% |
From daily values since 27-08-2014, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Japan Equity Fund (Direct)
SBI Healthcare Opportunities Fund (Direct)
BSE Healthcare TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Japan Equity Fund (Direct)
SBI Healthcare Opportunities Fund (Direct)
BSE Healthcare TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Japan Equity Fund (Direct)
SBI Healthcare Opportunities Fund (Direct)
BSE Healthcare TRI
Against BSE Healthcare TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India Japan Equity Fund (Direct) | 40% | 11% | 19.21% |
| SBI Healthcare Opportunities Fund (Direct) | 96% | 80% | 5.43% |
From month-end values since 27-08-2014. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Nippon India Japan Equity vs SBI Healthcare Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Japan Equity Fund, September 2026; SBI Healthcare Opportunities Fund, September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in Nippon India Japan Equity
- 0
- Only in SBI Healthcare Opportunities
- 36
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Nippon India Japan Equity Fund
Every holding of this fund is also held by the other.
Largest holdings only in SBI Healthcare Opportunities Fund
| Security | % of fund |
|---|---|
| Sun Pharmaceutical Industries Ltd. | 11.14% |
| Divi's Laboratories Ltd. | 7.91% |
| Acutaas Chemicals Ltd. | 5.03% |
| Apollo Hospitals Enterprise Ltd. | 4.45% |
| Torrent Pharmaceuticals Ltd. | 4.42% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Japan Equity | SBI Healthcare Opportunities |
|---|---|---|
| Equity | 90.7% | 95.5% |
| Debt | 0.0% | 0.1% |
| Cash and others | 9.3% | 4.4% |
Market cap of stocks
| Market cap | Nippon India Japan Equity | SBI Healthcare Opportunities |
|---|---|---|
| Large Cap | 0.0% | 32.3% |
| Mid Cap | 0.0% | 25.7% |
| Small Cap | 0.0% | 35.4% |
| Foreign stocks | 90.7% | 0.0% |
| Not on AMFI's list | 0.0% | 2.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Nippon India Japan Equity | SBI Healthcare Opportunities |
|---|---|---|
| Pharmaceuticals & Biotechnology | 0.0% | 63.1% |
| Healthcare Services | 0.0% | 25.6% |
| Industrial Machinery & Supplies & Components | 9.4% | 0.0% |
| Chemicals & Petrochemicals | 0.0% | 5.0% |
| Wireless Telecommunication Services | 3.9% | 0.0% |
| Semiconductor Materials & Equipment | 3.3% | 0.0% |
| Automotive Parts & Equipment | 3.2% | 0.0% |
| Property & Casualty Insurance | 3.1% | 0.0% |
| Electronic Components | 3.1% | 0.0% |
| Healthcare Equipment & Supplies | 0.0% | 1.8% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Japan Equity vs SBI Healthcare Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Japan Equity Fund | SBI Healthcare Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.37% | 1.01% |
| Base expense ratio (Direct) | 1.09% | 0.74% |
| Total expense ratio (Regular) | 2.50% | 1.99% |
| Base expense ratio (Regular) | 2.08% | 1.58% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Nippon India Japan Equity with
Nippon India Japan Equity Fund vs SBI Healthcare Opportunities Fund: Frequently Asked Questions
What is the difference between Nippon India Japan Equity Fund and SBI Healthcare Opportunities Fund?
Nippon India Japan Equity Fund is a Thematic fund, SBI Healthcare Opportunities Fund is a Thematic fund, run by Nippon India Mutual Fund and SBI Mutual Fund. Their portfolios overlap 0.0%. Nippon India Japan Equity Fund charges 1.37% a year and SBI Healthcare Opportunities Fund 1.01%.
Which has given higher returns, Nippon India Japan Equity Fund or SBI Healthcare Opportunities Fund?
Over 1 year: Nippon India Japan Equity Fund +24.78%, SBI Healthcare Opportunities Fund +17.12%. Over 3 years: Nippon India Japan Equity Fund +23.88% a year, SBI Healthcare Opportunities Fund +24.60% a year. Over 5 years: Nippon India Japan Equity Fund +10.52% a year, SBI Healthcare Opportunities Fund +19.22% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Japan Equity Fund or SBI Healthcare Opportunities Fund?
SBI Healthcare Opportunities Fund charges less: 1.01% a year against 1.37%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Japan Equity Fund and SBI Healthcare Opportunities Fund overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Which is better for SIP, Nippon India Japan Equity Fund or SBI Healthcare Opportunities Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹9,62,082 in Nippon India Japan Equity Fund (XIRR 18.0% a year) and ₹10,49,448 in SBI Healthcare Opportunities Fund (XIRR 21.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India Japan Equity Fund and SBI Healthcare Opportunities Fund?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.