Navi Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 21-11-2024
₹ 25.23
1D
Inception Returns
15.6%
/yr
About Navi Flexi Cap Fund Direct Growth
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 ₹267 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Navi Flexi Cap Fund Direct Growth has given a CAGR return of 15.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.72%, 13.10% and 17.32% respectively.
Holdings
Navi Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Consumer Defensive, Tech, Health, Basic Materials, Communication, Energy, Corporate. Its top holdings are ICICI Bank Ltd, Vedant Fashions Ltd, Infosys Ltd, Bharat Electronics Ltd, The Federal Bank Ltd
Taxation
As it is a flexi cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Navi Flexi Cap Fund Direct Growth
To generate capital appreciation in the long term through equity investments by investing in a diversified portfolio of large cap, mid cap and small cap companies as defined by SEBI from time to time. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 10.00 and for SIP is INR 10.00. Navi Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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47136 people have invested ₹ 75.4L in Navi Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank for Navi Flexi Cap Fund Direct Growth
Powered by IND quant engine
13
/20
30% Performance
34% Risk Management
100% Cost
13 out of 20 among flexi cap
Beats FD returns for both 3Y & 5Y
3Y returns in the bottom 25% of the category
Smaller AUM within category
Navi Flexi Cap Fund Direct Growth Overview
| Expense ratio | 0.42% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹267 Cr |
| Inception Date | 9 July, 2018 |
| Min Lumpsum/SIP | ₹10/₹10 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 49.15% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
54.8%
Small cap
20.7%
Mid cap
14.9%
Sector Allocation
Financial Services
30.2%
Industrial
15.5%
Consumer Cyclical
15.5%
Consumer Defensive
10.1%
Tech
8.3%
Health
6.1%
Basic Materials
5.3%
Communication
4.7%
Energy
4.2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -4.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.63% in Oct'24
- AUM of the fund stands at 281.2 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
State Bank of India's allocation increased from 1.8% to 2.43%
Varun Beverages Ltd's allocation increased from 0.97% to 1.45%
Tips Music Ltd's allocation increased from 1.36% to 1.83%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 2.6 % to 2.57 %
ITC Ltd's allocation decreased from 2.45 % to 2.43 %
Axis Bank Ltd's allocation decreased from 2.45 % to 2.43 %
Small Cap allocation has gone up from 19.1% to 20.7%
Mid Cap allocation has gone down from 15.2% to 14.9%
Large Cap allocation has gone down from 56.2% to 54.8%
Cash allocation has gone up from 9.2% to 9.2%
Debt allocation has gone up from 0.3% to 0.3%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Oct'24
Financial Services
30%
Industrial
16%
Consumer Cyclical
16%
Sep'24
Financial Services
31%
Consumer Cyclical
16%
Industrial
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 2.95% | 0% | |
 Infosys Ltd | 2.57% | 0% | |
 Vedant Fashions Ltd | 2.57% | 0% | |
 Bharat Electronics Ltd | 2.45% | 0% | |
 The Federal Bank Ltd | 2.44% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Tips Music Ltd | 16.2% |
 Radico Khaitan Ltd | 2.8% |
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Fund House
Navi AMC Limited
Total Schemes
Total AUM
₹7.28K Cr
as on 31-Oct-2024
Address
Peerless Mansion,3rd Floor,,1, Chowringhee Square
Phone
033-40185000/022-40635000
Website
mf@navi.com
Mutual Fund Insights
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 24.82% return, outperforming this fund by 11.72% per annum.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 31.41% return, outperforming this fund by 14.09% 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 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 46.98% return, outperforming this fund by 27.26%.
Over the last 1 month, this fund has experienced a 5.0% drop in AUM moving from 281.21 Cr to 267.05 Cr.
Over the last 1 year, this fund has decreased expense ratio by 2.3% moving from 0.43 to 0.42.
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 15.63% since inception which is less than its category average return of 18.53%
Fund Allocations
This fund has an allocation of 90.46% in Equity, 0.32% in Debt and 9.22% in Cash related instruments
AUM size ₹267 Cr
This fund has AUM of ₹267 Cr which is less than its category average of ₹ 8754 Cr
Expense Ratio 0.42%
This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for Navi Flexi Cap Fund Direct Growth
The current NAV of Navi Flexi Cap Fund Direct Growth is ₹25.23 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
Navi Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.85% | -4.85% |
6 Month Returns | 6.6% | 6.6% |
1 Year Returns | 19.72% | 19.72% |
3 Years Returns | 44.66% | 13.1% |
5 Years Returns | 122.24% | 17.32% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.42% as on October 2024
₹267 Cr as on October 2024
ICICI Bank Ltd(2.95%), Vedant Fashions Ltd(2.57%), Infosys Ltd(2.57%), Bharat Electronics Ltd(2.45%), The Federal Bank Ltd(2.44%) as on October 2024
Financial Services(27.31%), Industrial(14.06%), Consumer Cyclical(14.05%) as on October 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 | -2.22 | -0.46 | -0.34 |
As on October 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 | 0.88 | 0.93 | 0.94 |
As on October 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 | 1.59 | 0.65 | 0.74 |
As on October 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 | 12.65 | 13.38 | 18.46 |
As on October 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 1.12 as on October 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%