Nippon India US Equity Opportunities Fund

ThematicDirect and Regular plans, Growth and IDCW options

Data as on 29-10-2026

Nippon India US Equity Opportunities Fund is a Thematic fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹803 Cr of investors' money. In the 3 years to 29-10-2026, its Direct plan returned 22.0% a year and its Regular plan returned 20.6% a year.

NAV (Direct plan): ₹47.32; ▼ 0.45%29-10-2026
NAV (Regular plan): ₹41.81; ▼ 0.45%29-10-2026
Expense ratio: 1.30%Direct2.38%Regular; 1.30%; A year
Riskometer: Very High; Set by the fund house
3 year return: 22.0%Direct20.6%Regular; 22.0%; A year

Nippon India US Equity Opportunities Fund NAV Today

NAV on 29-10-2026: Direct Plan Growth ₹47.32 (down 0.45% that day); Regular Plan Growth ₹41.81 (down 0.45% that day).

This fund (Direct plan)

₹47.3174

Nippon India US Equity Opportunities Fund Returns vs Thematic Funds

Returns as on 29-10-2026. 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)	−1.62%	+3.76%	+7.36%	+13.29%	+21.98%	+11.41%	+16.47%
This fund (Regular)	−1.70%	+3.48%	+6.79%	+12.05%	+20.63%	+10.14%	+15.17%
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	+13.76%	+11.62%	+13.76%
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	+54.78%	+21.14%	+19.31%
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	−4.46%	+3.65%	+7.72%
Rank in Thematic	97/235	6/232	46/232	19/215	12/133	44/96	13/63

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return. This fund's benchmark is S&P 500 TRI. Returns of that index are not available to us, so the category average is the comparison.

Nippon India US Equity Opportunities Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+11.08%	+10.08%
2025	+13.33%	+12.06%
2024	+22.62%	+21.25%
2023	+33.90%	+32.38%
2022	−18.07%	−19.01%
2021	+23.81%	+22.16%

Nippon India US Equity Opportunities 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 1,971 periods, one for each trading day from 30-07-2018 to 29-10-2026.

−10%0%10%20%30%

Mar 2016
to
Mar 2019Aug 2017
to
Aug 2020Jan 2019
to
Jan 2022Jun 2020
to
Jun 2023Nov 2021
to
Nov 2024Mar 2023
to
Mar 2026

Nippon India US Equity Opportunities 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	2,453	17.5%	−23.1%	76.2%	11%	11.8%	48%
2 years	2,213	17.8%	−4.4%	38.0%	3%	16.7%	48%
3 years	1,971	17.1%	6.6%	29.3%	0%	18.2%	53%
5 years	1,496	15.6%	9.5%	22.5%	0%	16.4%	41%
7 years	1,013	15.6%	11.8%	18.6%	0%	17.1%	16%
10 years	302	16.0%	14.7%	17.1%	0%	16.0%	49%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	124	18.1%	−22.4%	50.0%	12%	13.3%	49%
2 years	112	17.7%	−9.3%	37.0%	10%	14.2%	46%
3 years	100	18.0%	0.8%	30.0%	0%	17.8%	54%
5 years	76	15.6%	8.0%	25.0%	0%	18.5%	36%
7 years	52	15.5%	11.0%	18.2%	0%	18.2%	0%

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 US Equity Opportunities Fund Risk

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

Risk and return

Measure	Nippon India US Equity Opportunities Fund (Direct)This fund	Category average
Return (CAGR)	+13.29%	−1.54%
Standard deviation	14.84%	13.74%
Sharpe ratio	0.54	-0.49
Sortino ratio	0.76	-0.66
Maximum drawdown	−12.1% (27-03-2026)	−12.7% (30-03-2026)

From daily NAVs, 29-10-2025 to 29-10-2026. 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 US Equity Opportunities Fund (Direct)This fund	Category average
Return (CAGR)	+21.98%	+14.14%
Standard deviation	15.22%	13.39%
Sharpe ratio	1.05	0.61
Sortino ratio	1.52	0.82
Maximum drawdown	−18.6% (21-04-2025)	−18.5% (28-02-2025)

From daily NAVs, 27-10-2023 to 29-10-2026. 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 US Equity Opportunities Fund (Direct)This fund	Category average
Return (CAGR)	+11.41%	+12.42%
Standard deviation	18.29%	13.09%
Sharpe ratio	0.31	0.51
Sortino ratio	0.43	0.68
Maximum drawdown	−24.8% (12-10-2022)	−18.5% (28-02-2025)

From daily NAVs, 29-10-2021 to 29-10-2026. 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 US Equity Opportunities Fund (Direct)This fund	Category average
Return (CAGR)	+16.47%	+14.61%
Standard deviation	18.77%	14.10%
Sharpe ratio	0.59	0.65
Sortino ratio	0.83	0.87
Maximum drawdown	−30.8% (23-03-2020)	−33.7% (23-03-2020)

From daily NAVs, 28-10-2016 to 29-10-2026. 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 US Equity Opportunities Fund (Direct)This fund	Category average
Return (CAGR)	+15.11%	+13.84%
Standard deviation	18.38%	14.07%
Sharpe ratio	0.52	0.59
Sortino ratio	0.73	0.78
Maximum drawdown	−30.8% (23-03-2020)	−33.7% (23-03-2020)

From daily NAVs, 28-07-2015 to 29-10-2026. 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.

−40%−30%−20%−10%0%

201620182020202220242026

Nippon India US Equity Opportunities 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 US Equity Opportunities Fund (Direct)	−30.8%	19-02-2020	23-03-2020	02-06-2020	2 months	−3.5%
Category average	−33.7%	07-02-2020	23-03-2020	05-11-2020	7 months	−6.9%

From the Direct plan's daily NAV since 28-07-2015, 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 US Equity Opportunities 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	Compare
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
Nippon India US Equity Opportunities Fund	12/133	803	1.30%	+13.29%	+21.98%	--	--	1.05	1.52

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 US Equity Opportunities Fund Expense Ratio and Costs

What each plan charges a year, in force from 16-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	1.08%	0.03%	0.00%	0.19%	1.30%	1.18%	148/235
Regular	2.00%	0.03%	0.00%	0.35%	2.38%	2.41%	112/235

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	12.05%	13.29%	1.24%	₹1,12,050	₹1,13,290
3 years	20.63%	21.98%	1.35% a year	₹1,75,536	₹1,81,496
5 years	10.14%	11.41%	1.27% a year	₹1,62,078	₹1,71,641
10 years	15.17%	16.47%	1.30% a year	₹4,10,576	₹4,59,347

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 US Equity Opportunities 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 28-07-2015 to 29-10-2026: 136 instalments, ₹13,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planNippon India US Equity Opportunities Fund (Direct)	₹13,60,000	₹35,04,172	₹21,44,172	15.8%
Regular planNippon India US Equity Opportunities Fund (Regular)	₹13,60,000	₹32,31,663	₹18,71,663	14.5%
Category averageCategory average, 235 Thematic funds	₹13,60,000	₹33,53,916	₹19,93,916	15.1%

₹0₹10.0 L₹20.0 L₹30.0 L₹40.0 L

201620182020202220242026

Direct planNippon India US Equity Opportunities Fund (Direct)Regular planNippon India US Equity Opportunities 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 US Equity Opportunities Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

88.7%Equity

Asset	Fund	Category
Equity	88.7%	94.5%
Cash and others	11.3%	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	88.7%	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 US Equity Opportunities Fund Sector Allocation

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

Largest sectors

Interactive Media & Services14.2%
Semiconductors9.3%
Systems Software7.5%
Transaction & Payment Processing Services7.0%
Broadline Retail6.1%
Life Sciences Tools & Services6.0%
Semiconductor Materials & Equipment5.6%
Hotels, Resorts & Cruise Lines5.5%
Application Software4.8%
Investment Banking & Brokerage4.8%

The ten largest of 21 sectors. The other 11 add up to 17.9%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Interactive Media & Services	13.1%	12.5%	14.2%	+1.1%
Semiconductors	8.2%	8.3%	9.3%	+1.1%
Systems Software	7.1%	7.5%	7.5%	+0.4%
Transaction & Payment Processing Services	7.3%	7.3%	7.0%	−0.3%
Broadline Retail	6.8%	6.3%	6.1%	−0.7%

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 US Equity Opportunities Fund Portfolio Holdings

As on 30-09-2026 · 29 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Alphabet Inc A	Interactive Media & Services	7.28%	0.0%
Taiwan Semiconductor Sp ADR	Semiconductors	7.08%	0.0%
Meta Platforms Registered Shares A	Interactive Media & Services	6.94%	0.0%
Amazon Com Inc	Broadline Retail	6.11%	0.0%
Iqvia Holdings	Life Sciences Tools & Services	6.04%	0.0%
Microsoft Corp	Systems Software	5.78%	0.0%
APPLIED MATLS INC COM	Semiconductor Materials & Equipment	5.57%	0.0%
Charles Schwab Corp	Investment Banking & Brokerage	4.75%	0.0%
Visa Inc	Transaction & Payment Processing Services	4.04%	0.0%
Booking Holdings Inc	Hotels, Resorts & Cruise Lines	3.82%	0.0%
Elevance Health Inc	Managed Health Care	3.02%	0.0%
Mastercard Incorporated	Transaction & Payment Processing Services	2.93%	0.0%
The Walt Disney Company	Movies & Entertainment	2.85%	0.0%
Starbucks ORD	Restaurants	2.49%	0.0%
QUALCOMM INC	Semiconductors	2.19%	0.0%
Salesforce Inc	Application Software	2.08%	0.0%
Cencora Inc	Health Care Distributors	1.78%	0.0%
Check Point Software Tech	Systems Software	1.73%	0.0%
Airbnb Inc	Hotels, Resorts & Cruise Lines	1.71%	0.0%
Air Products & Chemicals Inc	Industrial Gases	1.58%	0.0%
AUTODESK INC COM	Application Software	1.46%	0.0%
Adobe Inc	Application Software	1.29%	0.0%
VEEVA SYSTEMS INC	Health Care Technology	1.29%	0.0%
Ecolab Inc	Specialty Chemicals	1.13%	0.0%
Intercontinental Exchange Inc	Financial Exchanges & Data	0.93%	0.0%
Masco Corp	Building Products	0.88%	0.0%
Dexcom Inc	Health Care Equipment	0.86%	0.0%
Uber Technologies Inc	Passenger Ground Transportation	0.55%	0.0%
Stryker Corp	Health Care Equipment	0.54%	0.0%

Nippon India US Equity Opportunities Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

No stocks were bought or sold in September 2026.

What Nippon India US Equity Opportunities Fund bought and sold

Nippon India US Equity Opportunities Fund Overview

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

Expense ratio (Direct): 1.30%
Expense ratio (Regular): 2.38%
Category: Thematic
Risk: Very High
Benchmark: S&P 500 TRI
Launch date: 23-07-2015
AUM: ₹803.02 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 134923
ISIN (Direct): INF204KA15G5
Scheme code (Regular): 134922
ISIN (Regular): INF204KA12G2
NAV history: From 28-07-2015, 11.3 years

Minimum investment: 100 ; 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 1 month from the date of allotment of units. Nil, thereafter

Tax on Nippon India US Equity Opportunities 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	₹47.3174	29-10-2026
direct	IDCW	₹47.3174	29-10-2026
regular	Growth	₹41.8097	29-10-2026
regular	IDCW	₹41.8097	29-10-2026

About Nippon India US Equity Opportunities Fund

Nippon India US Equity Opportunities Fund is a mutual fund from Nippon India Mutual Fund. Its category is Thematic. It was launched on 23-07-2015. Its benchmark is S&P 500 TRI. At the end of September 2026 it held 29 securities.

Fund Manager

Kinjal Desai
Fund manager of Nippon India US Equity Opportunities Fund, since 01-05-2018

See all funds of Nippon India Mutual Fund

AUM change

September 2026: ₹803.02 Cr; −0.91% from August 2026
August 2026: ₹810.39 Cr; +3.66% from July 2026
July 2026: ₹781.76 Cr; +1.90% from June 2026

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

Compare Nippon India US Equity Opportunities 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 US Equity Opportunities Fund

What is the current NAV of Nippon India US Equity Opportunities Fund?

The Direct plan NAV is ₹47.3174. The Regular plan NAV is ₹41.8097, as on 29-10-2026.

What are the returns of Nippon India US Equity Opportunities Fund?

The Direct plan returned +13.29% in 1 year, +21.98% a year over 3 years, +11.41% a year over 5 years. The Regular plan returned +12.05% in 1 year, +20.63% a year over 3 years, +10.14% a year over 5 years. These figures are as on 29-10-2026.

What is the expense ratio of Nippon India US Equity Opportunities Fund?

The Direct plan charges 1.30% a year. The Regular plan charges 2.38% a year. This is the figure the fund house reported to AMFI, in force from 16-10-2026.

What is the AUM of Nippon India US Equity Opportunities Fund?

Nippon India US Equity Opportunities Fund managed ₹803.02 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Nippon India US Equity Opportunities Fund?

At the end of September 2026 the largest holdings were Alphabet Inc A (7.28%), Taiwan Semiconductor Sp ADR (7.08%), Meta Platforms Registered Shares A (6.94%), Amazon Com Inc (6.11%), Iqvia Holdings (6.04%). The fund held 29 securities in all.

How do I invest in Nippon India US Equity Opportunities 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 100 ; 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 US Equity Opportunities Fund?

Kinjal Desai (since 01-05-2018).

What is the exit load of Nippon India US Equity Opportunities Fund?

1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter

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.