NAM-INDIA.NS vs. NFTY
Compare and contrast key facts about Nippon Life India Asset Management Limited (NAM-INDIA.NS) and First Trust India NIFTY 50 Equal Weight ETF (NFTY).
NFTY is a passively managed fund by First Trust that tracks the performance of the NIFTY 50 Equal Weight Index. It was launched on Feb 14, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NAM-INDIA.NS or NFTY.
Correlation
The correlation between NAM-INDIA.NS and NFTY is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NAM-INDIA.NS vs. NFTY - Performance Comparison
Key characteristics
NAM-INDIA.NS:
0.18
NFTY:
-0.19
NAM-INDIA.NS:
0.59
NFTY:
-0.16
NAM-INDIA.NS:
1.07
NFTY:
0.98
NAM-INDIA.NS:
0.22
NFTY:
-0.18
NAM-INDIA.NS:
0.76
NFTY:
-0.41
NAM-INDIA.NS:
10.66%
NFTY:
7.11%
NAM-INDIA.NS:
44.80%
NFTY:
15.61%
NAM-INDIA.NS:
-58.02%
NFTY:
-47.67%
NAM-INDIA.NS:
-36.18%
NFTY:
-16.54%
Returns By Period
In the year-to-date period, NAM-INDIA.NS achieves a -29.25% return, which is significantly lower than NFTY's -3.71% return.
NAM-INDIA.NS
-29.25%
-25.21%
-26.12%
3.57%
6.36%
N/A
NFTY
-3.71%
-1.98%
-12.15%
-4.02%
11.91%
5.62%
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Risk-Adjusted Performance
NAM-INDIA.NS vs. NFTY — Risk-Adjusted Performance Rank
NAM-INDIA.NS
NFTY
NAM-INDIA.NS vs. NFTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nippon Life India Asset Management Limited (NAM-INDIA.NS) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NAM-INDIA.NS vs. NFTY - Dividend Comparison
NAM-INDIA.NS's dividend yield for the trailing twelve months is around 3.69%, more than NFTY's 1.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAM-INDIA.NS Nippon Life India Asset Management Limited | 3.69% | 2.61% | 2.90% | 4.62% | 3.27% | 1.68% | 1.69% | 3.78% | 0.00% | 0.00% | 0.00% | 0.00% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.67% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.40% | 0.52% |
Drawdowns
NAM-INDIA.NS vs. NFTY - Drawdown Comparison
The maximum NAM-INDIA.NS drawdown since its inception was -58.02%, which is greater than NFTY's maximum drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for NAM-INDIA.NS and NFTY. For additional features, visit the drawdowns tool.
Volatility
NAM-INDIA.NS vs. NFTY - Volatility Comparison
Nippon Life India Asset Management Limited (NAM-INDIA.NS) has a higher volatility of 16.64% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.49%. This indicates that NAM-INDIA.NS's price experiences larger fluctuations and is considered to be riskier than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.