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Nippon India Taiwan Equity Fund

Sectoral/ Thematic · Nippon Life India Asset Management Limited

In plain words

Among the 946 funds in its category, this one has grown money faster than most. ₹1 lakh invested 3 years ago would be about ₹4 lakh today. Investing ₹10,000 every month for the last 3 years would have put in ₹3.7 lakh and grown it to about ₹9.9 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹55,230. Funds like this reward patience and punish panic-selling.

New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.
Nippon India Taiwan Equity Fund is RS 99/99 in its category right now. See the RS line plotted against its benchmark, live, and the day it crossed.
See the RS line free →

Nippon India Taiwan Equity Fund is a Sectoral/ Thematic fund from Nippon Life India Asset Management Limited. It has a track record of about 4.8 years. As of the latest data it carries an RS rating of 99/99 (its recent momentum versus category peers) and a King Score of 74/100 (a long-term quality composite). The current NAV is ₹36.36 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 74/100 · Current momentum (RS): 99/99 · Worst-ever fall: -44.77%
99RS rating
74King Score
58.18%3Y CAGR
n/a5Y CAGR
-44.77%Max drawdown
1.33Sharpe 3Y
0.72%Expense
1256AUM ₹Cr

Growth of ₹100 - last 5 years

2021-122026-09
What ₹100 invested 5 years ago would be worth today, from actual NAV history.

Nippon India Taiwan Equity Fund returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-3.54%-3.47%
3 months-6.9%2.0%
6 months38.27%10.56%
1 year112.85%4.78%
3 years (CAGR)58.18%13.85%

Its trailing one-year return is 112.85%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearNippon India Taiwan EqBenchmark
2022-33.3%+3.0%
2023+46.5%+25.8%
2024+26.0%+15.2%
2025+52.8%+6.7%
2026+90.3%-5.8%

Nippon India Taiwan Equity Fund beat its benchmark in 4 of the last 5 calendar years. That is a strong hit-rate - most active funds fail to clear their index this often. Consistency against the benchmark matters more than any single great year.

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in Nippon India Taiwan Equity Fund would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹991,84975.33%

Over 3 years, ₹370,000 invested in monthly instalments would have grown to about ₹991,849 - an XIRR of 75.33%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-44.77%-26.37%
Worst drawdown (3Y)-37.58%-20.9%
Volatility (1Y)54.46%19.02%
Sharpe (3Y)1.330.31
Sortino (3Y)3.130.82
Beta (3Y)0.550.91
Alpha (3Y)53.14%6.12%
Up capture129.3%97.13%
Down capture9.4%81.47%
Bull-market return63.8%30.78%
Bear-market return-26.6%-23.76%

Timing matters more than people admit: the best possible 1-year stretch in Nippon India Taiwan Equity Fund (starting 2025-04-22) gained 279.5%, while the worst (starting 2021-12-28) lost 33.6%. The worst peak-to-bottom fall Nippon India Taiwan Equity Fund has ever put investors through is -44.77% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -26.6% annualised, versus 63.8% in rising markets. It has captured roughly 129.3% of its benchmark's up-moves and 9.4% of its down-moves.

How Nippon India Taiwan Equity Fund behaves when markets fall

When the market is falling (the Nifty below its 200-day average), Nippon India Taiwan Equity Fund has historically returned about -26.6% annualised, versus roughly 63.8% when the market is rising. Its deepest fall on record is -44.77%. Right now it sits about 10.44% below its all-time high (last hit 2026-05-27). The real question isn't the average year - it's whether you could hold on through the worst one.

How Nippon India Taiwan Equity Fund ranks in its category

Percentile versus its ~946 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
100th
Drawdown resilience
16th
Consistency
63th
Risk-adjusted (Sharpe)
99th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR36.44%
3Y windows positive100.0%
Worst 3Y window2.75%
3Y windows beating Nifty 50067.5%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Nippon India Taiwan Equity Fund returned a median of 36.44% a year, and 100.0% of those windows were positive.

Who manages Nippon India Taiwan Equity Fund - and how good are they?

Nippon India Taiwan Equity Fund is managed by Kinjal Desai and Amber Singhania. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.

Kinjal Desai's full record

Kinjal Desai currently runs 51 funds, across Aggressive Hybrid Fund, Arbitrage Fund, Conservative Hybrid Fund, Corporate Bond Fund and more, with about ₹687,720 Cr under management. The book's average King Score is 71.3/100. Their strongest fund by King Score is Nippon India Corporate Bond Fund (91/100); Nippon India Taiwan Equity Fund ranks #22 of 51 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Nippon India Corporate Bond Fund88911.3%3.0%5.5%7.5%6.8%7.3%0.868.0%-1.7%
2Nippon India Nivesh Lakshya Long Duration Fund87901.1%1.8%2.2%6.1%5.6%n/a-0.116.9%-5.8%
3Nippon India Liquid Fund97861.7%3.5%6.6%7.0%6.4%6.2%1.346.9%-0.2%
4Nippon India Low Duration Fund96861.7%3.4%6.6%7.5%6.7%7.0%1.587.5%-2.0%
5Nippon India Money Market Fund91861.9%3.5%6.6%7.4%6.8%6.8%1.597.4%-0.9%
6Nippon India Money Market Fund91861.9%3.5%6.6%7.4%6.8%6.8%1.597.4%-0.9%
7Nippon India Short Duration Fund86831.2%2.8%5.8%7.7%6.7%7.3%1.117.9%-2.9%
8Nippon India Conservative Hybrid Fund99821.6%3.5%7.0%8.5%8.2%6.0%0.978.5%-18.9%
9Nippon India Multi Asset Allocation Fund87810.9%4.8%11.7%18.3%15.2%n/a1.1618.4%-9.5%
10Nippon India Ultra Short Duration Fund97801.9%3.7%7.1%7.6%7.0%n/a2.07.0%-5.2%
11Nippon India Gilt Fund84801.2%2.7%3.9%6.3%5.6%7.4%-0.079.3%-6.5%
12Nippon India Low Duration Fund96781.7%3.4%6.6%7.5%6.7%7.0%1.587.2%-10.5%
13Nippon India Large Cap Fund3478-1.7%0.1%-5.2%9.9%12.6%13.9%0.2416.8%-40.0%
14Nippon India Large Cap Fund3478-1.7%0.1%-5.2%9.9%12.6%13.9%0.2416.8%-40.0%
15Nippon India Mid Cap Fund3877-0.5%7.8%5.7%17.3%17.2%18.1%0.6222.0%-35.3%
16Nippon India Mid Cap Fund3877-0.5%7.8%5.7%17.3%17.2%18.1%0.6222.0%-35.3%
17Nippon India Arbitrage Fund86761.6%3.1%6.7%7.3%6.8%6.5%0.836.9%-0.6%
18Nippon India Dynamic Bond Fund69760.8%1.8%5.2%7.2%6.2%6.7%0.367.6%-8.5%
19Nippon India Vision Large & Mid Cap Fund2076-0.9%3.8%-1.5%13.4%12.3%12.7%0.4416.9%-45.0%
20Nippon India Vision Large & Mid Cap Fund2076-0.9%3.8%-1.5%13.4%12.3%12.7%0.4416.9%-45.0%
21Nippon India Credit Risk Fund75751.8%3.9%8.0%8.9%7.9%6.6%2.658.7%-13.8%
22Nippon India Taiwan Equity Fund (this page)9974-6.9%38.3%112.8%58.2%n/an/a1.3336.4%-44.8%
23Nippon India Medium Duration Fund98742.9%3.3%6.6%8.6%6.9%3.8%1.097.0%-29.8%
24Nippon India Gilt Fund84741.2%2.7%3.9%6.3%5.6%7.4%-0.079.2%-11.8%
25Nippon India Value Fund2872-2.4%1.4%-3.6%12.9%13.0%14.8%0.419.1%-38.6%
26Nippon India US Equity Opportunities Fund87716.8%17.5%16.5%19.5%12.2%16.3%0.7616.7%-30.8%
27Nippon India Medium Duration Fund72711.4%2.9%6.2%8.3%6.8%3.7%0.977.0%-29.8%
28Nippon India Innovation Fund68714.6%12.8%0.8%13.9%n/an/a0.49n/a-21.5%
29Nippon India Japan Equity Fund89704.1%15.1%28.8%20.8%10.1%11.9%0.758.1%-29.9%
30Nippon India Japan Equity Fund89704.1%15.1%28.8%20.8%10.1%11.9%0.758.1%-29.9%
31Nippon India Pharma Fund75694.7%11.9%8.9%17.5%13.1%15.4%0.8219.9%-24.0%
32Nippon India Pharma Fund75694.7%11.9%8.9%17.5%13.1%15.4%0.8219.9%-24.0%
33Nippon India ELSS Tax Saver Fund3168-1.6%2.2%-0.8%11.1%11.2%10.5%0.315.5%-51.9%
34Nippon India Power & Infra Fund4567-3.3%7.6%6.0%17.2%19.8%17.4%0.5717.9%-53.2%
35Nippon India Power & Infra Fund4567-3.3%7.6%6.0%17.2%19.8%17.4%0.5717.9%-53.2%
36Nippon India Aggressive Hybrid Fund5766-0.1%2.8%-0.2%9.8%10.6%9.8%0.313.9%-42.4%
37Nippon India Gilt Fund84641.2%2.7%3.9%6.3%5.6%7.4%-0.076.9%-36.5%
38Nippon India Quant Fund2364-1.0%0.4%-1.3%12.7%12.5%13.7%0.3813.5%-32.8%
39Nippon India Quant Fund2364-1.0%0.4%-1.3%12.7%12.5%13.7%0.3813.6%-32.8%
40Nippon India Small Cap Fund40623.3%17.1%7.2%14.3%18.2%20.9%0.4625.8%-48.6%
41Nippon India Small Cap Fund40623.3%17.1%7.2%14.3%18.2%20.9%0.4625.8%-48.6%
42Nippon India Flexi Cap Fund4056-0.1%5.6%-2.1%9.4%10.4%n/a0.1917.2%-19.8%
43Nippon India Multi Cap Fund1556-1.2%3.9%-2.8%12.1%16.1%15.3%0.3717.3%-42.8%
44Nippon India Multi Cap Fund1556-1.2%3.9%-2.8%12.1%16.1%15.3%0.3717.3%-42.8%
45Nippon India Banking & Financial Services Fund4055-0.5%2.5%2.7%10.9%12.7%12.9%0.2816.5%-50.6%
46Nippon India Banking & Financial Services Fund4055-0.5%2.5%2.7%10.9%12.7%12.9%0.2816.5%-50.6%
47Nippon India Focused Fund3452-1.4%3.9%-1.5%8.3%9.9%12.8%0.1416.7%-43.4%
48Nippon India Consumption Fund41482.6%7.5%-8.1%9.1%12.0%13.2%0.1816.8%-31.0%
49Nippon India Consumption Fund41482.6%7.5%-8.1%9.1%12.0%13.2%0.1816.8%-31.0%
50Nippon India Active Momentum Fund69n/a2.3%10.6%8.8%n/an/an/a0.64n/a-11.8%
51Nippon India MNC Fund27n/a-2.4%4.4%-1.3%n/an/an/an/an/a-13.1%

Amber Singhania's full record

Amber Singhania currently runs 52 funds, across Aggressive Hybrid Fund, Arbitrage Fund, Conservative Hybrid Fund, Corporate Bond Fund and more, with about ₹697,294 Cr under management. The book's average King Score is 71.5/100. Their strongest fund by King Score is Nippon India Corporate Bond Fund (91/100); Nippon India Taiwan Equity Fund ranks #23 of 52 in their book.

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Swipe the table sideways to see all 13 columns →
#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Nippon India Corporate Bond Fund88911.3%3.0%5.5%7.5%6.8%7.3%0.868.0%-1.7%
2Nippon India Nivesh Lakshya Long Duration Fund87901.1%1.8%2.2%6.1%5.6%n/a-0.116.9%-5.8%
3Nippon India Liquid Fund97861.7%3.5%6.6%7.0%6.4%6.2%1.346.9%-0.2%
4Nippon India Low Duration Fund96861.7%3.4%6.6%7.5%6.7%7.0%1.587.5%-2.0%
5Nippon India Money Market Fund91861.9%3.5%6.6%7.4%6.8%6.8%1.597.4%-0.9%
6Nippon India Money Market Fund91861.9%3.5%6.6%7.4%6.8%6.8%1.597.4%-0.9%
7Nippon India Short Duration Fund86831.2%2.8%5.8%7.7%6.7%7.3%1.117.9%-2.9%
8Nippon India Conservative Hybrid Fund99821.6%3.5%7.0%8.5%8.2%6.0%0.978.5%-18.9%
9Nippon India Multi Asset Allocation Fund87810.9%4.8%11.7%18.3%15.2%n/a1.1618.4%-9.5%
10Nippon India Ultra Short Duration Fund97801.9%3.7%7.1%7.6%7.0%n/a2.07.0%-5.2%
11Nippon India Gilt Fund84801.2%2.7%3.9%6.3%5.6%7.4%-0.079.3%-6.5%
12Nippon India Balanced Advantage Fund81801.0%4.0%2.4%10.2%9.5%11.0%0.4312.9%-22.8%
13Nippon India Low Duration Fund96781.7%3.4%6.6%7.5%6.7%7.0%1.587.2%-10.5%
14Nippon India Large Cap Fund3478-1.7%0.1%-5.2%9.9%12.6%13.9%0.2416.8%-40.0%
15Nippon India Large Cap Fund3478-1.7%0.1%-5.2%9.9%12.6%13.9%0.2416.8%-40.0%
16Nippon India Mid Cap Fund3877-0.5%7.8%5.7%17.3%17.2%18.1%0.6222.0%-35.3%
17Nippon India Mid Cap Fund3877-0.5%7.8%5.7%17.3%17.2%18.1%0.6222.0%-35.3%
18Nippon India Arbitrage Fund86761.6%3.1%6.7%7.3%6.8%6.5%0.836.9%-0.6%
19Nippon India Dynamic Bond Fund69760.8%1.8%5.2%7.2%6.2%6.7%0.367.6%-8.5%
20Nippon India Vision Large & Mid Cap Fund2076-0.9%3.8%-1.5%13.4%12.3%12.7%0.4416.9%-45.0%
21Nippon India Vision Large & Mid Cap Fund2076-0.9%3.8%-1.5%13.4%12.3%12.7%0.4416.9%-45.0%
22Nippon India Credit Risk Fund75751.8%3.9%8.0%8.9%7.9%6.6%2.658.7%-13.8%
23Nippon India Taiwan Equity Fund (this page)9974-6.9%38.3%112.8%58.2%n/an/a1.3336.4%-44.8%
24Nippon India Medium Duration Fund98742.9%3.3%6.6%8.6%6.9%3.8%1.097.0%-29.8%
25Nippon India Gilt Fund84741.2%2.7%3.9%6.3%5.6%7.4%-0.079.2%-11.8%
26Nippon India Value Fund2872-2.4%1.4%-3.6%12.9%13.0%14.8%0.419.1%-38.6%
27Nippon India US Equity Opportunities Fund87716.8%17.5%16.5%19.5%12.2%16.3%0.7616.7%-30.8%
28Nippon India Medium Duration Fund72711.4%2.9%6.2%8.3%6.8%3.7%0.977.0%-29.8%
29Nippon India Innovation Fund68714.6%12.8%0.8%13.9%n/an/a0.49n/a-21.5%
30Nippon India Japan Equity Fund89704.1%15.1%28.8%20.8%10.1%11.9%0.758.1%-29.9%
31Nippon India Japan Equity Fund89704.1%15.1%28.8%20.8%10.1%11.9%0.758.1%-29.9%
32Nippon India Pharma Fund75694.7%11.9%8.9%17.5%13.1%15.4%0.8219.9%-24.0%
33Nippon India Pharma Fund75694.7%11.9%8.9%17.5%13.1%15.4%0.8219.9%-24.0%
34Nippon India ELSS Tax Saver Fund3168-1.6%2.2%-0.8%11.1%11.2%10.5%0.315.5%-51.9%
35Nippon India Power & Infra Fund4567-3.3%7.6%6.0%17.2%19.8%17.4%0.5717.9%-53.2%
36Nippon India Power & Infra Fund4567-3.3%7.6%6.0%17.2%19.8%17.4%0.5717.9%-53.2%
37Nippon India Aggressive Hybrid Fund5766-0.1%2.8%-0.2%9.8%10.6%9.8%0.313.9%-42.4%
38Nippon India Gilt Fund84641.2%2.7%3.9%6.3%5.6%7.4%-0.076.9%-36.5%
39Nippon India Quant Fund2364-1.0%0.4%-1.3%12.7%12.5%13.7%0.3813.5%-32.8%
40Nippon India Quant Fund2364-1.0%0.4%-1.3%12.7%12.5%13.7%0.3813.6%-32.8%
41Nippon India Small Cap Fund40623.3%17.1%7.2%14.3%18.2%20.9%0.4625.8%-48.6%
42Nippon India Small Cap Fund40623.3%17.1%7.2%14.3%18.2%20.9%0.4625.8%-48.6%
43Nippon India Flexi Cap Fund4056-0.1%5.6%-2.1%9.4%10.4%n/a0.1917.2%-19.8%
44Nippon India Multi Cap Fund1556-1.2%3.9%-2.8%12.1%16.1%15.3%0.3717.3%-42.8%
45Nippon India Multi Cap Fund1556-1.2%3.9%-2.8%12.1%16.1%15.3%0.3717.3%-42.8%
46Nippon India Banking & Financial Services Fund4055-0.5%2.5%2.7%10.9%12.7%12.9%0.2816.5%-50.6%
47Nippon India Banking & Financial Services Fund4055-0.5%2.5%2.7%10.9%12.7%12.9%0.2816.5%-50.6%
48Nippon India Focused Fund3452-1.4%3.9%-1.5%8.3%9.9%12.8%0.1416.7%-43.4%
49Nippon India Consumption Fund41482.6%7.5%-8.1%9.1%12.0%13.2%0.1816.8%-31.0%
50Nippon India Consumption Fund41482.6%7.5%-8.1%9.1%12.0%13.2%0.1816.8%-31.0%
51Nippon India Active Momentum Fund69n/a2.3%10.6%8.8%n/an/an/a0.64n/a-11.8%
52Nippon India MNC Fund27n/a-2.4%4.4%-1.3%n/an/an/an/an/a-13.1%

A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.

Cost & fund basics

DetailValue
Expense ratio (Direct)0.72%
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹500
Fund size (AUM)₹1,256 Cr
Age4.8 years
Plan / OptionDirect · Growth
BenchmarkNIFTY500

How Nippon India Taiwan Equity Fund compares to peers

FundRSKing3Y CAGR
HDFC Transportation and Logistics Fund828924.1%
ICICI Prudential Transportation And Logistics Fund788721.1%
ICICI Prudential Innovation Fund568717.8%
LIC MF Healthcare Fund918721.4%
Kotak Manufacture in India Fund818319.1%
HDFC Defence Fund878336.0%
Compare side by side. Chart Nippon India Taiwan Equity Fund against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
Compare these funds free →

Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

Nippon India Taiwan Equity Fund review: the bottom line

On the data, its strengths are a strong long-term quality score (74/100), leading current momentum (RS 99), beating the Nifty 500 in 67.5% of 3-year windows. Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is Nippon India Taiwan Equity Fund a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Nippon India Taiwan Equity Fund scores 74/100 on our King Score and RS 99/99 within its category, has compounded 58.18% a year over three years, and its worst drawdown was -44.77%. Compare those against your needs and the peer table above.

What is the NAV of Nippon India Taiwan Equity Fund today?

The latest NAV is ₹36.36 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the expense ratio of Nippon India Taiwan Equity Fund?

The Direct-plan expense ratio is 0.72% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.

Who is the fund manager of Nippon India Taiwan Equity Fund?

Nippon India Taiwan Equity Fund is managed by Kinjal Desai; Amber Singhania.

Is Nippon India Taiwan Equity Fund safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -44.77% - ₹1 lakh briefly becoming about ₹55,230. As a international fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is Nippon India Taiwan Equity Fund good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 3 years grew ₹3.7 lakh into about ₹9.9 lakh (XIRR 75.33%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of Nippon India Taiwan Equity Fund?

A ₹10,000/month SIP over 3 years would have grown to about ₹991,849 (an XIRR of 75.33%) on ₹370,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does Nippon India Taiwan Equity Fund rank among similar funds?

On 3-year returns it sits around the 100th percentile of its category, and its consistency ranks 63th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is Nippon India Taiwan Equity Fund tax-efficient / what about capital gains?

As a international fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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