Navi Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV: ₹ 23.36 as on 16-05-2024
About the Fund
Navi Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 9 July, 2018. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Navi Flexi Cap Fund Direct Growth has ₹251 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Fund Performance
39487 people have invested ₹ 70.1L in Navi Flexi Cap Fund Direct Growth in the last three months
Overview
 | 0.42% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹251 Cr |
 | 9 July, 2018 |
 | ₹10/₹10 |
 | 0% |
 | No Lock-in |
 TurnOver | 44.71% |
Navi Flexi Cap Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
64.5%
Small cap
14.5%
Mid cap
12.9%
Sector Allocation
Financial Services
33.7%
Consumer Cyclical
14%
Tech
12.8%
Industrial
11%
Energy
8.5%
Health
7.1%
Consumer Defensive
6.7%
Basic Materials
5.5%
Communication
0.7%
Top Holdings of Navi Flexi Cap Fund Direct Growth as on (30-Apr-24)
Equity Holdings47
Debt Holdings6
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 M M Forgings Ltd | 32.8% |
 Escorts Kubota Ltd | 21.8% |
 Axis Bank Ltd | 6.1% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 3.39% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
- This fund outperformed Nifty 500 by 0.93% in Apr'24
AUM Change
- AUM of the fund stands at 251.3 Cr as of Apr'24
- AUM increased by 7.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 31.16% return, outperforming this fund by 12.86% per annum.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.42% which is lower than the category average expense ratio of 1.16%.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.26% return, outperforming this fund by 15.98% per annum.
In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 64.51% return, outperforming this fund by 37.72%.
INDmoney Rank
Powered by IND quant engine
13
/18
23% Performance
32% Risk Management
99% Cost
13 out of 18 among flexi cap
Pros
Beats FD returns for both 3Y & 5Y
Cons
Does not beat the benchmark consistently
Higher probablity of downside risk
Poor track record of protecting capital in bear phase
Peer Analysis
Navi Flexi Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.44% since inception which is less than its category average return of 18%
Fund Allocations
This fund has an allocation of 91.97% in Equity, 0.34% in Debt and 7.69% in Cash related instruments
AUM size ₹251 Cr
This fund has AUM of ₹251 Cr which is less than its category average of ₹ 7427 Cr
Expense Ratio 0.42%
This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions
The current NAV of Navi Flexi Cap Fund Direct Growth is ₹23.36 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Navi Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.18% | -0.18% |
6 Month Returns | 11.65% | 11.65% |
1 Year Returns | 26.79% | 26.79% |
3 Years Returns | 65.55% | 18.3% |
5 Years Returns | 121.84% | 17.28% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.42% as on April 2024
₹251 Cr as on April 2024
Reliance Industries Ltd(5.61%), HDFC Bank Ltd(5.05%), Infosys Ltd(4.13%), SBI Life Insurance Company Limited(3.43%), Sun Pharmaceuticals Industries Ltd(3.41%) as on April 2024
Financial Services(30.96%), Consumer Cyclical(12.86%), Tech(11.8%) as on April 2024
The alpha ratio for the Navi Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Navi Flexi Cap Fund Direct Growth | -3.68 | -0.32 | -0.54 |
As on April 2024
The alpha for Navi Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Navi Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Navi Flexi Cap Fund Direct Growth | 0.91 | 0.91 | 0.94 |
As on April 2024
The Beta for Navi Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Navi Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Navi Flexi Cap Fund Direct Growth | 1.99 | 1 | 0.66 |
As on April 2024
The sharpe ratio for Navi Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Navi Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Navi Flexi Cap Fund Direct Growth | 10.6 | 12.67 | 18.33 |
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.81 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Navi Flexi Cap Fund Direct Growth is 0%