About Nippon India Japan Equity Fund
Nippon India Japan Equity Fund is a sectoral / thematic fund managed by Nippon India Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.
The primary investment objective of Nippon India Japan Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Japan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
The scheme's stated objective, as published by Nippon India Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹31.683 | 130860 |
| Direct | Bonus Option | ₹31.683 | 130861 |
| Direct | IDCW Option | ₹31.683 | 130864 |
| Regular | Growth Option | ₹27.9956 | 130863 |
| Regular | Bonus Option | ₹27.9956 | 130858 |
| Regular | IDCW Option | ₹27.9956 | 130859 |
Frequently asked questions
What is the NAV of Nippon India Japan Equity Fund today?
The NAV of Nippon India Japan Equity Fund (Direct plan, Growth) is ₹31.683 and the Regular plan NAV is ₹27.9956, as of 18 Sept 2026.
What returns has Nippon India Japan Equity Fund given?
Over the last year the Direct plan returned 27.36%, and 20.46% a year over 3 years and 9.96% a year over 5 years. That places it 19 of 136 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Nippon India Japan Equity Fund?
The Direct plan charges 1.43% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
How much has Nippon India Japan Equity Fund fallen in the past?
Its deepest fall was 29.9% from 14 Sept 2021 to 21 Oct 2022. Of every one-year stretch in its history, 82% ended in a gain.
Which category does Nippon India Japan Equity Fund belong to?
It is a Sectoral / Thematic Fund from Nippon India Mutual Fund. Invest in one sector (such as banking, IT or pharma) or a theme (such as consumption or infrastructure). Concentrated and higher risk; suited to investors with a view on that sector.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Nippon India Japan Equity Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.