📊 Equity Fund · Deep Analysis

Nippon India Power & Infra FundGrowth PlanOption

Nippon India Mutual Fund · Direct Growth · SEBI Category: Equity

Current NAV ₹412.6834 (+0.35% today) As of 04 Jun 2026
1 Year Return +10.9%
3 Year CAGR +26.3% p.a.
5 Year CAGR +24.4% p.a.
AAUM ₹6.5K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,566 daily NAV records
Fund Overview

Nippon India Power & Infra FundGrowth PlanOption — Quick Summary

Nippon India Power & Infra Fund has a distinctive focus on the power sector within the broader infrastructure category — a meaningful differentiation given India's massive power sector transformation. India is undergoing a historic shift in its power sector: coal-based generation is being supplemented by renewable energy (solar, wind), power transmission infrastructure is being upgraded, and smart metering and distribution efficiency projects are creating new investment opportunities across the power value chain.

The fund invests in power generation companies (NTPC, Adani Green, Tata Power), power transmission and distribution companies (Power Grid, Torrent Power), renewable energy developers and the infrastructure ecosystem that supports power delivery. This power-heavy infrastructure focus means the fund behaves differently from broader infrastructure funds with heavy construction and cement exposure.

Fund House
Nippon India Mutual Fund
SEBI Category
Equity
Benchmark
S&P BSE India Infrastructure Index TRI
Fund Manager
Kinjal Desai & Dhrumil Shah
AMFI Code
118763
Risk Level
Very High
NAV Records in DB
2,566 days
Quarterly Average AUM · Jan–Mar 2026
₹6.5K Cr
↓ Decreased by 5.5% vs Oct–Dec 2025 · ₹6.9K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Investors with specific conviction on India's power sector transformation and renewable energy build-out. Those wanting power-heavy infrastructure exposure different from construction and cement-heavy peers. Long-term investors with 7-10 year horizon.
Distinctive power sector focus — captures India's renewable energy transition theme. Comprehensive power value chain — generation, transmission, distribution and smart infrastructure. Long track record since 2004 spanning multiple power sector cycles. India's net-zero commitment creates multi-decade power infrastructure investment tailwind.
✗ Not Suitable For
Investors wanting broad infrastructure exposure without heavy power sector tilt. Conservative investors who cannot handle power sector regulatory and tariff risks. Those with short investment horizons.
Who Runs This Fund

Fund Manager

KD
Kinjal Desai & Dhrumil Shah
Nippon India Mutual Fund · Managing since June 2004

Kinjal Desai manages the power and infrastructure components of this fund while Dhrumil Shah supports the portfolio construction. Desai is also the fixed income co-manager for Nippon India Balanced Advantage Fund — demonstrating the breadth of expertise at Nippon India MF. In the infrastructure context, Desai focuses specifically on power sector dynamics — generation, transmission and distribution — alongside broader infrastructure themes.

For current co-manager details and full biography, refer to the latest Nippon India Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 118763
The official AMFI scheme code for Nippon India Power & Infra FundGrowth PlanOption Direct Growth is 118763. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Power sector investing in India involves significant regulatory risk — electricity tariffs are regulated by state electricity regulatory commissions (SERCs) and politically sensitive. Unexpected tariff revisions can significantly impact power company earnings and stock prices. Monitor regulatory developments in key states when holding power sector funds.
Investment Objective
As per Scheme Information Document
The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity related or fixed income securities of Power and other Infrastructure companies.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Infrastructure Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
ICICI Prudential Infrastructure Fund ₹215.77 ₹7.6K Cr Jan–Mar 2026 +2.9% +22.8% p.a. +24.5% p.a. 1.12
Nippon India Power and Infra Fund ▲ ₹412.68 ₹6.5K Cr Jan–Mar 2026 +10.9% +26.3% p.a. +24.4% p.a. 1.19
SBI Infrastructure Fund ₹54.77 ₹4.3K Cr Jan–Mar 2026 +3.3% +20.1% p.a. +19.6% p.a. 1.03
Quant Infrastructure Fund ₹45.02 ₹2.8K Cr Jan–Mar 2026 +11.4% +22.6% p.a. +21.4% p.a. 0.82
HDFC Infrastructure Fund ₹51.72 ₹2.3K Cr Jan–Mar 2026 -1.5% +23.0% p.a. +22.4% p.a. 1.11
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,566 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-0.2%
3 MonthPoint-to-point
+9.3%
6 MonthPoint-to-point
+9.0%
1 YearPoint-to-point
+10.9%
3 YearCAGR
+26.3% p.a.
5 YearCAGR
+24.4% p.a.
10 YearCAGR
+18.9% p.a.
₹1 Lakh → 5YLump sum growth
₹288,134

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+103.6%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-38.8%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+45.0% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-11.6% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+0.4%
2024
+28.0%
2023
+59.0%
2022
+11.6%
2021
+49.7%
2020
+11.5%
2019
-2.4%
2018
-20.6%
2017
+62.9%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
23.1%
Positive in 73% of windows
Best: 103.6% · Worst: -38.8%
3Y Rolling Avg
20.2% p.a.
Positive in 87% of windows
Best: 45.0% · Worst: -11.6%
5Y Rolling Avg
21.1% p.a.
Positive in 100% of windows
Best: 41.2% · Worst: 5.7%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-53.2%
Jan 2018 → Mar 2020
Recovered: Mar 2021 (1yr 4mo)
Current from Peak
-2.7%
All-time Peak: ₹423.20
Peak date: May 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-25.6%
Sep 27, 2024 – Apr 7, 2025
Recovered: Apr 2026 (1yr 8mo)
COVID-19 Crash
-38.1%
Feb 19 – Mar 23, 2020
Recovered: Nov 2020 (1yr)
2022 Rate Hike Cycle
-17.5%
Jan 17 – Jun 17, 2022
Recovered: Sep 2022 (4 mos)
2018 IL&FS Crisis
-16.2%
Aug 28 – Oct 26, 2018
Recovered: May 2019 (11 mos)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
1.19
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
1.62
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
17.5%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what Nippon India Power & Infra FundGrowth PlanOption is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Equity Funds

See how Nippon India Power & Infra FundGrowth PlanOption ranks against other Equity funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.