Funds / ETFs / Scheme 128639
Nippon India ETF Nifty Dividend Opportunities 50
Direct Plan · Nippon India Mutual Fund · scheme code 128639 · ISIN INF204KA1MS3
- Scheme code
- 128639
- Latest NAV
- ₹74.4357
- NAV date
- 22 Sep 2026
- Fund house
- Nippon India Mutual Fund
Reading this dossier
Data, not advice. These pages show NAV history, category and computed returns as published by AMFI, so funds can be compared side by side. StockProof does not rank funds, does not score them, and does not recommend buying, selling or holding any of them. Past NAV movement is not an indication of future returns.
Fund names here are CURRENT names, not the name the fund had on the date shown. AMFI retroactively restates historical scheme names to whatever the fund is called today: its own April 2006 file lists schemes under "Nippon India Mutual Fund", a fund house that did not exist until 2019 (it was Reliance). Measured on 2026-08-29, all 1,947 scheme codes present in both AMFI's 2018 and 2026 files showed zero name changes — not because renames are rare in the Indian fund industry, but because the history is rewritten. StockProof stores and shows only the current name and does not attempt to reconstruct point-in-time names, because AMFI publishes nothing that would make that possible. The NAV figures themselves are as published for each date and are not restated.
Long-window returns are measured only over funds that still exist. Of the 1,790 scheme codes AMFI priced in April 2006, only 568 (31%) were still being priced in 2026. Funds that closed or merged are not in a long-period comparison, so any group of surviving funds looks better than the choice an investor actually faced at the time.
Benchmark, benchmark return and AUM figures on this page are AMFI's own published disclosure — the same SEBI-mandated benchmark every fund must declare and report against, sourced from AMFI's Fund Performance data. StockProof does not compute the benchmark return itself: it shows the number AMFI and the fund house publish, exactly as published. StockProof does not rank funds or benchmarks by this figure, and this is not a recommendation to buy, sell or hold anything.
This section is matched to the scheme above by FUND NAME, not by scheme code or ISIN — AMFI's benchmark-disclosure API carries neither, unlike its NAV files. Measured 2026-08-29 across the whole universe, this name match succeeds for about 86% of funds; most misses are small spelling or punctuation drift between AMFI's own two systems, not a wrong match — a fund with no match here simply shows no data rather than another fund's. One disclosed row also covers BOTH the Regular and Direct plan of a fund together, because that is the granularity AMFI itself publishes at — one level coarser than the per-plan scheme codes StockProof otherwise tracks.
Scheme
| Latest NAV | ₹74.4357 |
|---|---|
| NAV date | 22 Sep 2026 |
| Category | Other · Other ETF |
| Structure | Open Ended |
| Status | Open — priced in AMFI's latest file |
| As published by AMFI | Open Ended Schemes(Other Scheme - Other ETFs)
StockProof normalizes AMFI's 104 category spellings onto 56 categories; this is the raw string behind the one shown above. |
| Stored NAV history | 752 points, 01 Sep 2023 → 22 Sep 2026 |
Benchmark & AUM
| Benchmark | Nifty Dividend Opportunities 50 TRI |
|---|---|
| Daily AUM | ₹71.03 Cr. |
| As of | 27 Aug 2026 |
| Riskometer — scheme | Very High |
| Riskometer — benchmark | Very High |
Fund vs benchmark
Regular and Direct are the plan's own trailing return; Benchmark is the same window's return on the declared benchmark above, as published by AMFI. A window is blank when AMFI has not published it for this fund, most often because the fund has not existed that long.
| Window | Regular | Direct | Benchmark |
|---|---|---|---|
| 1 Year | 0.35% | — | 0.76% |
| 3 Year | 11.72% | — | 12.25% |
| 5 Year | 12.20% | — | 12.65% |
| 10 Year | 13.16% | — | 13.47% |
| Since launch | 12.89% | — | see below |
"Since launch" benchmark return is shown per plan, not as one column above — the Regular and Direct plan of a fund can launch on different dates, so each is benchmarked over its own window: Regular 13.17%, Direct —.
Exchange listing
This scheme is an exchange-traded fund: unlike an ordinary mutual fund it is bought and sold on the exchange at whatever price the market sets, so it has a traded price as well as a NAV.
| NSE symbol | DIVOPPBEES |
|---|---|
| Tracks | — |
| Listed on NSE | 23 Apr 2014 |
| Market lot | 1 |
| Face value | ₹10.00 |
| How the symbol was matched | Matched to an NSE symbol by ISIN
on ISIN INF204KA1MS3, the only identifier AMFI and NSE both publish |
Premium and discount are a measurement, not a verdict. An ETF has two prices on the same day: the NAV its fund house declares, and the price it actually traded at on NSE. This page shows the gap between them, computed as (traded close − NAV) ÷ NAV. A premium does not mean the fund is expensive and a discount does not mean it is cheap — persistent gaps usually reflect how and when the NAV itself is struck, not a mispricing anyone can act on. StockProof does not rank ETFs, score them, or recommend buying, selling or holding any of them.
Every figure here pairs a traded price with the NAV for THE SAME DATE, and days where only one of the two exists are excluded rather than filled in. That is why the paired-day count below can be lower than either the price history or the NAV history on its own. Comparing one day's price against another day's NAV would report that day's market movement as a premium — on a day the market moved 1.5%, it would invent a 1.5% premium that never existed.
A wide, persistent gap is usually about NAV timing rather than the market. An ETF holding overseas assets has its NAV struck from a foreign close that happens after Indian trading ends, so its traded price reflects newer information than the NAV it is compared against here. A debt ETF's NAV is struck on valuation-agency matrix prices that no one necessarily transacted at. Gold and silver ETF NAVs follow a domestic reference rate. In each case the two numbers are measured differently, and the difference between them is not evidence that either one is wrong.
A closing price is only as meaningful as the trading behind it. Many Indian ETFs trade in very small volumes, where the day's close can be a single small trade rather than a price the market cleared at, and a large premium on a nearly untraded day is mostly noise. Traded quantity is shown beside every figure so a gap measured on thin volume is visibly not the same fact as one measured on heavy volume. On a day an ETF did not trade at all, no premium is computed.
Market prices here are NSE's own end-of-day bhavcopy closes, never restated for corporate actions — unlike the price history on StockProof's company pages, which is adjusted. That is deliberate: AMFI never restates a published NAV either, so comparing an adjusted price against an unadjusted NAV would show a growing artificial discount on every ETF that has ever made a payout.
Premium / discount to NAV
Computed as (traded close − NAV) ÷ NAV, on the 749 days where both a traded price and a NAV exist for the same date — out of 759 days of stored prices and 752 days of stored NAV.
| Latest (22 Sep 2026) | +0.19% above NAV — within 0.5% of NAV |
|---|---|
| traded close | ₹74.58 |
| NAV that day | ₹74.4357 |
| units traded | 20835 |
| Mean over the paired days | +0.110% |
| Median | +0.133% |
| Range | -2.57% to +7.14% |
| Days above / below NAV | 540 above, 209 below |
| Furthest from NAV | +7.14% on 04 Jun 2024
₹77.99 against a NAV of ₹72.7954, on 153600 units traded |
Over time
Zero is the NAV. A point above the line means the ETF traded above its NAV that day, below means under. Days with no trade, or no NAV, are absent rather than interpolated.
Most recent paired days
| Date | Traded close | NAV | Premium / discount | Units traded |
|---|---|---|---|---|
| 22 Sep 2026 | ₹74.58 | ₹74.4357 | +0.194% above | 20835 |
| 21 Sep 2026 | ₹74.93 | ₹74.6775 | +0.338% above | 21581 |
| 18 Sep 2026 | ₹74.71 | ₹74.6153 | +0.127% above | 25029 |
| 17 Sep 2026 | ₹74.88 | ₹74.6753 | +0.274% above | 16908 |
| 16 Sep 2026 | ₹74.62 | ₹74.5102 | +0.147% above | 32131 |
| 11 Sep 2026 | ₹74.92 | ₹74.7193 | +0.269% above | 32493 |
| 10 Sep 2026 | ₹75.31 | ₹75.2053 | +0.139% above | 35088 |
| 09 Sep 2026 | ₹75.23 | ₹75.1605 | +0.092% above | 58069 |
| 08 Sep 2026 | ₹75.74 | ₹75.8394 | -0.131% below | 60917 |
| 07 Sep 2026 | ₹76.06 | ₹75.9272 | +0.175% above | 59703 |
| 04 Sep 2026 | ₹76.77 | ₹76.7766 | -0.009% below | 97372 |
| 03 Sep 2026 | ₹76.68 | ₹76.8282 | -0.193% below | 49896 |
| 28 Aug 2026 | ₹77.44 | ₹77.7239 | -0.365% below | 45047 |
| 27 Aug 2026 | ₹77.32 | ₹77.1046 | +0.279% above | 34071 |
| 26 Aug 2026 | ₹77.91 | ₹77.6928 | +0.280% above | 20951 |
| 25 Aug 2026 | ₹77.76 | ₹78.0848 | -0.416% below | 24698 |
| 24 Aug 2026 | ₹77.45 | ₹77.6967 | -0.318% below | 52055 |
| 21 Aug 2026 | ₹77.67 | ₹77.5695 | +0.130% above | 28706 |
| 20 Aug 2026 | ₹77.80 | ₹77.6996 | +0.129% above | 57328 |
| 19 Aug 2026 | ₹77.39 | ₹77.3077 | +0.106% above | 121615 |
Returns (CAGR)
Compound annual growth of NAV over each trailing window, computed from stored history with the same function the company pages use. A window is only shown as a number when the stored history genuinely reaches back that far — it is never computed over a shorter span and labelled as the longer one.
| Window | CAGR | Basis |
|---|---|---|
| 1-year | -5.03% | NAV 78.3736 on 22 Sep 2025 to 74.4357 on 22 Sep 2026 (1-year, AMFI) |
| 3-year | 8.57% | NAV 58.1637 on 22 Sep 2023 to 74.4357 on 22 Sep 2026 (3-year, AMFI) |
| 5-year | N/A | Stored NAV history starts 01 Sep 2023, which does not reach back a full 5 years from 22 Sep 2026. |
| 10-year | N/A | Stored NAV history starts 01 Sep 2023, which does not reach back a full 10 years from 22 Sep 2026. |
| Since stored history begins | 9.63% | NAV 56.1967 on 01 Sep 2023 to 74.4357 on 22 Sep 2026 (3.1 years stored, AMFI) |
"Since stored history begins" is deliberately not called "since inception" — AMFI publishes no NAV before 1 April 2006, so for an older fund its true inception NAV is not in any public AMFI feed.
Holdings X-ray
These holdings are the fund house's own SEBI-mandated monthly portfolio disclosure, read from the file the AMC publishes and shown as published. StockProof does not estimate, model or infer a single holding. The portfolio is a SNAPSHOT on the date shown — usually a month-end — and a fund can and does trade in between, so what it holds today is not necessarily what is listed here. Nothing on this page ranks funds, scores them, or recommends buying, selling or holding anything.
StockProof can only link a holding to a company page if that company is in the Nifty 500 universe it tracks. Everything the fund disclosed is listed here either way — holdings outside that universe are shown with their real names and weights and counted explicitly as "outside tracked universe", never dropped. Two coverage figures are given because they can differ enormously and either one alone is misleading: the share of holding LINES that link, and the share of disclosed WEIGHT that links. Parag Parikh Flexi Cap Fund is the standing example — under half its lines link, but around three-quarters of its weight does, because its unlinked positions are a handful of very large US holdings.
Coverage varies enormously by fund type and low coverage is a fact about the universe boundary, not a defect. Large-cap, flexi-cap and index funds typically X-ray at over 90% of disclosed weight; small-cap funds fall to roughly 44–75%, because much of what they own sits below the Nifty 500; and a pure debt fund links at zero, because bonds are not companies in StockProof's universe at all. Read the coverage figure before reading the holdings: at 45% coverage the listed companies are a minority of the fund.
The disclosed holdings usually do not add to 100% of the fund. The remainder is cash, TREPS, repo and derivative margin, which the AMC reports without a security line. Weights here are the AMC's own "% to NAV" figures, so they are shares of the WHOLE fund and can be added up directly — but the total falling short of 100% is normal and is shown rather than scaled away.
Holdings are matched to companies by ISIN — the security's own permanent identifier, never by name — so a matched company is the security the fund disclosed and not a guess. The FUND itself is matched to this page by NAME, which is weaker: measured 2026-08-30 across 625 portfolios, that name match succeeds for about 91% of funds, because the AMC's file carries no AMFI scheme code. A fund with no match simply shows no holdings section rather than another fund's. One disclosed portfolio also covers every plan and option of a fund at once, since that is the granularity the fund house publishes at.
How much of this fund StockProof can show
| Of the weight the fund disclosed, tracked | 100.0% | 99.7% of NAV, out of the 99.7% the fund disclosed in security lines |
|---|---|---|
| Of the holding lines disclosed, tracked | 100.0% | 50 of 50 positions. This can differ sharply from the weight figure above — a few very large untracked holdings move one and not the other. |
| Outside StockProof's tracked universe | 0 | 0.0% of NAV — listed in full below with real names and weights, never dropped |
| Not in any security line | 0.3% | cash, TREPS, repo and derivative margin, which the fund house reports without a security line |
Portfolio as disclosed by NIPPON INDIA ETF NIFTY DIVIDEND OPPORTUNITIES 50 on 31 Aug 2026, read from the fund house's own published file (sheet RD). The unit check passed: 99.69% of NAV over 50 lines is consistent with 'fraction'.
| Holding | Industry / rating | % of NAV | Tracked |
|---|---|---|---|
| State Bank of India INE062A01020 | Banks | 10.13% | on StockProof |
| Infosys Limited INE009A01021 | IT - Software | 10.06% | on StockProof |
| ITC Limited INE154A01025 | Diversified FMCG | 6.23% | on StockProof |
| Tata Consultancy Services Limited INE467B01029 | IT - Software | 6.20% | on StockProof |
| Hindustan Unilever Limited INE030A01027 | Diversified FMCG | 4.41% | on StockProof |
| NTPC Limited INE733E01010 | Power | 3.93% | on StockProof |
| Shriram Finance Limited INE721A01047 | Finance | 3.93% | on StockProof |
| Tata Steel Limited INE081A01020 | Ferrous Metals | 3.85% | on StockProof |
| HCL Technologies Limited INE860A01027 | IT - Software | 3.50% | on StockProof |
| Bajaj Auto Limited INE917I01010 | Automobiles | 3.40% | on StockProof |
| Power Grid Corporation of India Limited INE752E01010 | Power | 3.02% | on StockProof |
| Tech Mahindra Limited INE669C01036 | IT - Software | 2.61% | on StockProof |
| Coal India Limited INE522F01014 | Consumable Fuels | 2.43% | on StockProof |
| Oil & Natural Gas Corporation Limited INE213A01029 | Oil | 2.28% | on StockProof |
| Hero MotoCorp Limited INE158A01026 | Automobiles | 1.79% | on StockProof |
| Cummins India Limited INE298A01020 | Industrial Products | 1.74% | on StockProof |
| Bharat Petroleum Corporation Limited INE029A01011 | Petroleum Products | 1.66% | on StockProof |
| Britannia Industries Limited INE216A01030 | Food Products | 1.56% | on StockProof |
| HDFC Asset Management Company Limited INE127D01025 | Capital Markets | 1.35% | on StockProof |
| Indian Oil Corporation Limited INE242A01010 | Petroleum Products | 1.31% | on StockProof |
| Ashok Leyland Limited INE208A01029 | Agricultural, Commercial & Construction Vehicles | 1.27% | on StockProof |
| Wipro Limited INE075A01022 | IT - Software | 1.26% | on StockProof |
| Power Finance Corporation Limited INE134E01011 | Finance | 1.24% | on StockProof |
| GAIL (India) Limited INE129A01019 | Gas | 1.21% | on StockProof |
| Vedanta Limited INE205A01025 | Diversified Metals | 1.19% | on StockProof |
| Bank of Baroda INE028A01039 | Banks | 1.12% | on StockProof |
| Canara Bank INE476A01022 | Banks | 1.08% | on StockProof |
| REC Limited INE020B01018 | Finance | 1.02% | on StockProof |
| Punjab National Bank INE160A01022 | Banks | 1.00% | on StockProof |
| Godrej Consumer Products Limited INE102D01028 | Personal Products | 0.92% | on StockProof |
| Union Bank of India INE692A01016 | Banks | 0.92% | on StockProof |
| Hindustan Petroleum Corporation Limited INE094A01015 | Petroleum Products | 0.89% | on StockProof |
| National Aluminium Company Limited INE139A01034 | Non - Ferrous Metals | 0.87% | on StockProof |
| Mphasis Limited INE356A01018 | IT - Software | 0.81% | on StockProof |
| Indian Bank INE562A01011 | Banks | 0.80% | on StockProof |
| NMDC Limited INE584A01023 | Minerals & Mining | 0.77% | on StockProof |
| Oracle Financial Services Software Limited INE881D01027 | IT - Software | 0.76% | on StockProof |
| NHPC Limited INE848E01016 | Power | 0.73% | on StockProof |
| Hindustan Zinc Limited INE267A01025 | Non - Ferrous Metals | 0.72% | on StockProof |
| Steel Authority of India Limited INE114A01011 | Ferrous Metals | 0.71% | on StockProof |
| Oil India Limited INE274J01014 | Oil | 0.67% | on StockProof |
| Colgate Palmolive (India) Limited INE259A01022 | Personal Products | 0.63% | on StockProof |
| Mahindra & Mahindra Financial Services Limited INE774D01024 | Finance | 0.62% | on StockProof |
| Page Industries Limited INE761H01022 | Textiles & Apparels | 0.57% | on StockProof |
| Redington Limited INE891D01026 | Commercial Services & Supplies | 0.54% | on StockProof |
| Angel One Limited INE732I01021 | Capital Markets | 0.47% | on StockProof |
| Bank of India INE084A01016 | Banks | 0.44% | on StockProof |
| Bank of Maharashtra INE457A01014 | Banks | 0.42% | on StockProof |
| Indian Railway Finance Corporation Limited INE053F01010 | Finance | 0.42% | on StockProof |
| Housing & Urban Development Corporation Limited INE031A01017 | Finance | 0.23% | on StockProof |
Every line the fund house disclosed is listed above, in the order it weighs. Weights are the fund house's own "% to NAV" figures, normalised to a percentage of the whole fund; they are not rescaled to add to 100%.
Active share & tracking error
Active share (Cremers & Petajisto, 2009) is half the sum of the absolute difference between this fund's disclosed weight and the benchmark proxy's disclosed weight, security by security. Tracking error (Roll, 1992) is the annualized standard deviation of the daily difference between this fund's return and the proxy's, over the days both have a stored NAV. Neither is a rating or a score; both describe how much this fund's actual holdings and returns differ from a portfolio that simply held the benchmark.
StockProof has no official total-return index (TRI) data — the price feed it stores tracks an index's PRICE only, which understates a real TRI benchmark by roughly its dividend yield. Instead, both figures are computed against another fund: an index fund that tracks the same benchmark, whose own NAV already reflects reinvested dividends and whose own disclosed portfolio stands in for the benchmark's constituent weights. Measured directly: two different index funds on the same benchmark differ from each other by only 2–3 basis points a year of tracking error — two orders of magnitude below any actively managed fund's real figure — which is what licenses using one as a stand-in for the true benchmark. This proxy is hand-picked and verified for 24 declared benchmarks; a fund benchmarked to anything else shows no active share or tracking error, not a guessed one.
This fund's declared benchmark is Nifty Dividend Opportunities 50 TRI, but no benchmark proxy has been hand-verified for “Nifty Dividend Opportunities 50 TRI”.