Nippon India Taiwan Equity Fund

ThematicDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Nippon India Taiwan Equity Fund is a Thematic fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹1,147 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 54.8% a year and its Regular plan returned 52.7% a year.

NAV (Direct plan): ₹31.86; ▼ 5.27%30-10-2026
NAV (Regular plan): ₹29.69; ▼ 5.27%30-10-2026
Expense ratio: 1.08%Direct2.36%Regular; 1.08%; A year
Riskometer: Very High; Set by the fund house
3 year return: 54.8%Direct52.7%Regular; 54.8%; A year

Nippon India Taiwan Equity Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹31.86 (down 5.27% that day); Regular Plan Growth ₹29.69 (down 5.27% that day).

This fund (Direct plan)

₹31.856

Nippon India Taiwan Equity Fund Returns vs Thematic Funds

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−16.05%	+11.27%	−9.87%	+75.71%	+54.78%	--	--
This fund (Regular)	−16.14%	+10.91%	−10.45%	+73.39%	+52.68%	--	--
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	+13.76%	--	--
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	+54.78%	--	--
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	−4.46%	--	--
Rank in Thematic	235/235	1/232	222/232	1/215	1/133	--	--

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return. This fund's benchmark is Taiwan Capitalization Weighted Stock Index (TAIEX). Returns of that index are not available to us, so the category average is the comparison.

Nippon India Taiwan Equity Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+66.72%	+64.90%
2025	+52.84%	+50.74%
2024	+25.96%	+24.22%
2023	+46.55%	+44.53%
2022	−33.29%	−34.39%

Nippon India Taiwan Equity Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 434 periods, one for each trading day from 16-12-2024 to 30-10-2026.

−20%0%20%40%60%80%

Feb 2022
to
Feb 2025Jun 2022
to
Jun 2025Sept 2022
to
Sept 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026

Nippon India Taiwan Equity Fund (Direct)Category average, 235 Thematic funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	899	34.4%	−33.6%	279.5%	14%	10.5%	61%
2 years	667	32.6%	−3.6%	92.2%	3%	22.4%	59%
3 years	434	38.9%	−3.0%	69.5%	0%	19.2%	72%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	47	37.8%	−21.7%	283.8%	11%	14.4%	64%
2 years	35	31.6%	−0.4%	143.8%	3%	13.2%	54%
3 years	23	41.1%	8.1%	95.5%	0%	16.7%	74%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 235 Thematic funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Nippon India Taiwan Equity Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Nippon India Taiwan Equity Fund (Direct)This fund	Category average
Return (CAGR)	+75.71%	−1.54%
Standard deviation	40.75%	13.74%
Sharpe ratio	1.73	-0.49
Sortino ratio	2.48	-0.66
Maximum drawdown	−29.6% (30-07-2026)	−12.7% (30-03-2026)

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.

Measure	Nippon India Taiwan Equity Fund (Direct)This fund	Category average
Return (CAGR)	+54.78%	+14.14%
Standard deviation	35.27%	13.39%
Sharpe ratio	1.38	0.61
Sortino ratio	2.03	0.82
Maximum drawdown	−37.6% (09-04-2025)	−18.5% (28-02-2025)

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.

Measure	Nippon India Taiwan Equity Fund (Direct)This fund	Category average
Return (CAGR)	+27.46%	+12.70%
Standard deviation	32.62%	13.05%
Sharpe ratio	0.66	0.52
Sortino ratio	0.95	0.70
Maximum drawdown	−44.8% (25-10-2022)	−18.5% (28-02-2025)

From daily NAVs, 14-12-2021 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.

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.

−50%−40%−30%−20%−10%0%

20222023202420252026

Nippon India Taiwan Equity Fund (Direct)Category average, 235 Thematic funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Nippon India Taiwan Equity Fund (Direct)	−44.8%	04-01-2022	25-10-2022	23-01-2024	15 months	−21.7%
Category average	−18.5%	27-09-2024	28-02-2025	18-06-2026	16 months	−6.9%

From the Direct plan's daily NAV since 14-12-2021, adjusted for unit splits, and the average of the 235 Thematic funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Nippon India Taiwan Equity Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Nippon India Taiwan Equity Fund Expense Ratio and Costs

What each plan charges a year, in force from 22-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	0.80%	0.06%	0.00%	0.22%	1.08%	1.18%	87/235
Regular	1.92%	0.06%	0.00%	0.38%	2.36%	2.41%	106/235

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	73.39%	75.71%	2.32%	₹1,73,390	₹1,75,710
3 years	52.68%	54.78%	2.10% a year	₹3,55,915	₹3,70,804

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Nippon India Taiwan Equity Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 14-12-2021 to 30-10-2026: 59 instalments, ₹5,90,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planNippon India Taiwan Equity Fund (Direct)	₹5,90,000	₹17,24,248	₹11,34,248	45.5%
Regular planNippon India Taiwan Equity Fund (Regular)	₹5,90,000	₹16,54,915	₹10,64,915	43.7%
Category averageCategory average, 235 Thematic funds	₹5,90,000	₹7,88,964	₹1,98,964	11.8%

₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L₹25.0 L

20222023202420252026

Direct planNippon India Taiwan Equity Fund (Direct)Regular planNippon India Taiwan Equity Fund (Regular)Category averageCategory average, 235 Thematic fundsAmount invested

From each plan's published NAV (Growth option) and the category average, 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 Taiwan Equity Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

90.8%Equity

Asset	Fund	Category
Equity	90.8%	94.5%
Cash and others	9.2%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	0.0%	45.7%
Mid Cap	0.0%	19.6%
Small Cap	0.0%	24.1%
Foreign stocks	90.8%	2.7%

Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Nippon India Taiwan Equity Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Semiconductors31.5%
Electronic Components25.1%
Semiconductor Materials & Equipment11.8%
Electronic Equipment & Instruments8.2%
Communications Equipment5.1%
Technology Hardware, Storage & Peripherals4.8%
Electrical Components & Equipment4.3%

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Semiconductors	27.7%	29.4%	31.5%	+3.8%
Electronic Components	23.0%	25.4%	25.1%	+2.1%
Semiconductor Materials & Equipment	13.1%	12.9%	11.8%	−1.3%
Electronic Equipment & Instruments	8.8%	7.9%	8.2%	−0.6%
Communications Equipment	6.5%	6.0%	5.1%	−1.4%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Nippon India Taiwan Equity Fund Portfolio Holdings

As on 30-09-2026 · 31 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
MediaTek Incorporation	Semiconductors	8.54%	0.0%
Mpi Corporation	Semiconductor Materials & Equipment	5.94%	0.0%
Chroma Ate	Electronic Equipment & Instruments	5.90%	0.0%
Nanya Technology Corporation	Semiconductors	5.63%	0.0%
Aspeed Technology Inc	Semiconductors	3.89%	0.0%
Delta Electronics Inc	Electronic Components	3.87%	0.0%
Unimicron Technology Corp	Electronic Components	3.75%	0.0%
Elite Material Co Ltd	Electronic Components	3.48%	0.0%
Yageo Corporation	Electronic Components	3.47%	0.0%
Asia Vital Components Co Ltd	Technology Hardware, Storage & Peripherals	3.28%	0.0%
WinWay Technology Co. Ltd	Semiconductor Materials & Equipment	3.27%	0.0%
Accton Technology Corporation	Communications Equipment	3.24%	0.0%
Gold Circuit Electronics Ltd	Electronic Components	3.07%	0.0%
Fositek Corp	Electronic Components	2.59%	0.0%
Taiwan Semiconductor Manufacturing Co Ltd	Semiconductors	2.57%	0.0%
Bizlink Holding Inc	Electrical Components & Equipment	2.54%	0.0%
Macronix International Co Ltd	Semiconductors	2.46%	0.0%
GCS Holdings Inc	Semiconductors	2.33%	0.0%
All Ring Tech Co Ltd	Electronic Equipment & Instruments	2.28%	0.0%
LandMark Optoelectronics Corporation	Semiconductor Materials & Equipment	2.26%	0.0%
Ardentec Corporation	Semiconductors	2.09%	0.0%
Jentech Precision Industrial Co Ltd	Semiconductors	2.08%	0.0%
Browave Corp	Communications Equipment	1.87%	0.0%
eMemory Technology Inc	Semiconductors	1.77%	0.0%
Advanced Energy Solution Holding Co Ltd	Electrical Components & Equipment	1.75%	0.0%
Dynapack International Technology Corporation	Electronic Components	1.74%	0.0%
Compeq Manufacturing Co Ltd	Electronic Components	1.62%	0.0%
MITAC Holdings Corporation	Technology Hardware, Storage & Peripherals	1.57%	+10.0%
Co-Tech Development Corp.	Electronic Components	1.50%	0.0%
Grand Process Technology Corporation	Semiconductor Materials & Equipment	0.34%	0.0%
Elite Advanced Laser Corp	Semiconductors	0.16%	0.0%

Nippon India Taiwan Equity Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

MITAC Holdings Corporation	Added	+10.0%	1.57%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Nippon India Taiwan Equity Fund bought and sold

Nippon India Taiwan Equity Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.08%
Expense ratio (Regular): 2.36%
Category: Thematic
Risk: Very High
Launch date: 11-12-2021
AUM: ₹1,147.02 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 149329
ISIN (Direct): INF204KC1303
Scheme code (Regular): 149328
ISIN (Regular): INF204KC1279
NAV history: From 14-12-2021, 4.9 years

Benchmark: Taiwan Capitalization Weighted Stock Index (TAIEX)
Minimum investment: 500; Note - Lumpsum subscription under the Scheme is suspended temporarily with effect from February 26, 2024
Minimum additional investment: 100 ;Note - Lumpsum subscription under the Scheme is suspended temporarily with effect from February 26, 2024
Exit load: 1% if redeemed or switched out on or before completion of 3 months from the date of allotment of units. Nil, thereafter

Tax on Nippon India Taiwan Equity Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹31.856	30-10-2026
direct	IDCW	₹31.856	30-10-2026
regular	Growth	₹29.6934	30-10-2026
regular	IDCW	₹29.6934	30-10-2026

About Nippon India Taiwan Equity Fund

Nippon India Taiwan Equity Fund is a mutual fund from Nippon India Mutual Fund. Its category is Thematic. It was launched on 11-12-2021. Its benchmark is Taiwan Capitalization Weighted Stock Index (TAIEX). At the end of September 2026 it held 31 securities.

Fund Manager

Kinjal Desai
Fund manager of Nippon India Taiwan Equity Fund, since 01-12-2021

See all funds of Nippon India Mutual Fund

AUM change

September 2026: ₹1,147.02 Cr; +1.66% from August 2026
August 2026: ₹1,128.29 Cr; +19.14% from July 2026
July 2026: ₹947.04 Cr; −20.53% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Nippon India Taiwan Equity Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Compare with any other fund

Frequently Asked Questions for Nippon India Taiwan Equity Fund

What is the current NAV of Nippon India Taiwan Equity Fund?

The Direct plan NAV is ₹31.856. The Regular plan NAV is ₹29.6934, as on 30-10-2026.

What are the returns of Nippon India Taiwan Equity Fund?

The Direct plan returned +75.71% in 1 year, +54.78% a year over 3 years. The Regular plan returned +73.39% in 1 year, +52.68% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of Nippon India Taiwan Equity Fund?

The Direct plan charges 1.08% a year. The Regular plan charges 2.36% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.

What is the AUM of Nippon India Taiwan Equity Fund?

Nippon India Taiwan Equity Fund managed ₹1,147.02 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Nippon India Taiwan Equity Fund?

At the end of September 2026 the largest holdings were MediaTek Incorporation (8.54%), Mpi Corporation (5.94%), Chroma Ate (5.90%), Nanya Technology Corporation (5.63%), Aspeed Technology Inc (3.89%). The fund held 31 securities in all.

What did Nippon India Taiwan Equity Fund buy and sell in September 2026?

It added shares in 1.

How do I invest in Nippon India Taiwan Equity Fund?

Through Nippon India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least 500; Note - Lumpsum subscription under the Scheme is suspended temporarily with effect from February 26, 2024. You can invest once or through a monthly SIP.

Who is the fund manager of Nippon India Taiwan Equity Fund?

Kinjal Desai (since 01-12-2021).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.