Nippon India Nifty Next 50 Junior BeES FoF- Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 16, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Nippon India Nifty Next 50 Junior BeES FoF- Direct Growth Plan is a high-risk fund of fund with a current NAV of ₹26.6299 as of 15 Sep 2026 and scheme AUM of ₹840 Cr. Its 1-year, 3-year and 5-year returns are 3.45%, 15.8% and 10.91%, respectively. In our view, this is a concentrated next-50-oriented exposure that has rewarded longer holding periods more than short bursts, but the recent trend has been softer.
With a High Risk profile, the fund is better suited to investors who can handle sharper swings and want a route to the broader market beyond the largest names. The portfolio is effectively a single underlying domestic mutual fund unit holding, so the return pattern and the benchmark behaviour matter more than a broad stock-picking mix.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹26.6299 as of 15 Sep 2026 |
| AUM | ₹840 Cr |
| Expense Ratio | 0.12% |
| Launch Date | 08 Mar 2019 |
| Min SIP | ₹100 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Fund of Fund |
| Exit Load | No exit load |
| Fund Managers | Himanshu Mange |
The fund is managed by Himanshu Mange.
Source data date: as of 15 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -5.64% | -4.81% |
| 3M | -1.6% | -3.63% |
| 1Y | 3.45% | -8.27% |
| 3Y | 15.8% | 5.59% |
| 5Y | 10.91% | 5.58% |
The recent pattern is uneven. The fund has been weak over 1 month and 3 months, which tells us that short-term volatility remains part of the experience. Even so, the 3-month decline was smaller than the benchmark’s, which suggests some relative resilience in a choppy patch.
The 1-year number is more important for reading the latest phase. The fund stayed positive at 3.45% while the benchmark was negative at -8.27%, so it held up better over that span. That said, the recent softness means the 1-year result has not been delivered in a straight line; the path has been bumpy.
Looking further out, the 3-year return of 15.8% is comfortably above the benchmark’s 5.59%, and the 5-year return of 10.91% also stands ahead of the benchmark’s 5.58%. Our reading is that the fund has created better medium- to long-term compounding than the benchmark, even though the most recent stretch has been less supportive.
This mix matters for investors. The fund’s longer-horizon pattern looks stronger than its short-horizon pattern, so it behaves more like a holding where patience can matter. The price of that potential is a willingness to accept a higher swing in near-term returns.
Source data date: as of 15 Sep 2026
Should you BUY or HOLD Nippon India Nifty Next 50 Junior BeES FoF-?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Nippon India Nifty Next 50 Junior BeES FoF-? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Nippon India Nifty Next 50 Junior BeES FoF Direct Growth Plan | 3.45% | 15.8% | 10.91% |
| SBI Silver ETF FOF Direct Growth Plan | 81.88% | Data not available | Data not available |
| Axis Silver FoF Direct Growth Plan | 80.07% | 45.18% | Data not available |
| Zerodha Silver ETF FoF Direct Growth Plan | 79.84% | Data not available | Data not available |
| HDFC Silver ETF FoF Direct Growth Plan | 79.28% | 44.7% | Data not available |
| Kotak Silver ETF FoF Direct Growth Plan | 74.67% | 44.26% | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
Against the listed peers, this fund’s 1-year return is far more muted, while its 3-year and 5-year figures are the only ones in this set that speak to a non-silver strategy. That makes the comparison look mixed rather than directly competitive on short-term momentum. The shorter horizon favours the silver-themed funds in the table, but the longer view shows this fund has still built a positive track record over time.
For investors reading across time frames, the story is different at each horizon. The immediate return gap is large, but the medium- and long-term numbers are steadier and more relevant for a fund linked to a broader equity segment. In our view, the peer set reinforces that this fund is not about quick bursts of performance.
Source data date: as of 15 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Nippon India ETF Nifty Next 50 Junior Bees | Domestic Mutual Funds Units | 100.04% |
The entire disclosed portfolio sits in one underlying holding, so the largest position is also the only visible position. That means the fund’s return profile is likely to be driven primarily by that single exposure rather than by diversification across multiple holdings.
Because the disclosed holding weight is 100.04%, the fund does not show a spread across a long list of positions in the visible portfolio data. There is no taper from a first holding to a tenth holding here, since only one holding is disclosed. As a result, concentration is very high and the holding itself is likely to have the greatest influence on the fund’s behaviour.
This also means the full disclosed portfolio is easy to read but not broadly diversified at the visible holding level. With one disclosed holding and a combined disclosed weight effectively at the whole portfolio, the fund may move closely with the underlying strategy represented by that holding.
Source data date: as of 15 Sep 2026
Who should invest
This fund fits investors who can tolerate High Risk and are comfortable with uneven short-term performance. The recent 1-month and 3-month weakness shows that the ride can be choppy, while the 3-year and 5-year figures show that patience has been better rewarded than quick entry and exit.
The benchmark comparison also matters. Since the fund has outpaced the benchmark over 1 year, 3 years and 5 years, it may appeal to investors who want broader market exposure with the possibility of stronger longer-run compounding than the benchmark has shown. The main trade-off is accepting volatility and a very concentrated disclosed portfolio structure in exchange for that long-horizon potential.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: No exit load.
Source data date: as of 15 Sep 2026
Frequently asked questions
What is the current NAV of Nippon India Nifty Next 50 Junior BeES FoF Direct Growth Plan?
The current NAV is ₹26.6299 as of 15 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s 1-year return is 3.45%, its 3-year return is 15.8%, and its 5-year return is 10.91%.
How has it performed versus the benchmark?
It has done better than the benchmark across 1 year, 3 years and 5 years. The benchmark returns are -8.27%, 5.59% and 5.58% for those same periods.
How does it compare with the peer funds listed here?
Its 1-year return is much lower than the silver-themed peer funds shown, while its 3-year and 5-year figures are more meaningful for judging its own equity-linked strategy. The comparison is strongest when read over longer periods rather than over one year.
Is there a minimum SIP amount?
Yes. The minimum SIP amount is ₹100.
Who manages the fund and what is the exit load?
The fund is managed by Himanshu Mange. The exit load is no exit load.
Bottom line
The fund’s short-term numbers have been softer, but its 3-year and 5-year returns still point to a stronger longer-run picture than the benchmark. In the peer table, the 1-year comparison looks modest, yet the fund’s own equity-linked profile is best judged on its longer horizon rather than on a single year. High Risk is the right label to keep in mind, and the one-holding disclosed portfolio makes the fund’s exposure easy to understand but highly concentrated. It suits investors who can stay patient through volatility and care more about multi-year compounding than near-term smoothness.
Published on 16 September 2026 at 12:10 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.