Nippon India Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 23-12-2024
₹ 17.27
1D
Inception Returns
17.6%
/yr
About Nippon India Flexi Cap Fund Direct Growth
Nippon India Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 13 August, 2021. The fund is managed by Dhrumil Shah, Kinjal Desai, Meenakshi Dawar, Nikhil Rungta. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Flexi Cap Fund Direct Growth has ₹8539 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Nippon India Flexi Cap Fund Direct Growth has given a CAGR return of 17.56% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 19.68% and 18.69% respectively.
Holdings
Nippon India Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Consumer Defensive, Health, Energy, Basic Materials, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Larsen & Toubro Ltd, Infosys Ltd, Reliance Industries 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 Nippon India Flexi Cap Fund Direct Growth
The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. The fund will have the flexibility to invest in a broad range of companies with an objective to maximize the returns, at the same time trying to minimize the risk by reasonable diversification. However there can be no assurance that the investment objective of the scheme will be realized, as actual market movements may be at variance with anticipated trends.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Nippon India Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Nippon India Flexi Cap Fund Direct Growth
Nippon India Flexi Cap Fund Direct Growth Overview
| Expense ratio | 0.45% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹8539 Cr |
| Inception Date | 13 August, 2021 |
| Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 21.92% |
| STCG | Selling mutual fund 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 (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at -0.33% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 0.27% in Nov'24
- AUM of the fund stands at 8.4K Cr as of Nov'24
- AUM decreased by 313.1 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.13% | 0% | |
 ICICI Bank Ltd | 4.95% | 0% | |
 Larsen & Toubro Ltd | 3.63% | 0% | |
 Infosys Ltd | 3.42% | 0% | |
 Axis Bank Ltd | 2.58% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Indian Hotels Co Ltd | 11.9% |
 Infosys Ltd | 6.1% |
 HDFC Bank Ltd | 3% |
Nippon India Flexi Cap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹8539 Cr
Expense Ratio 0.45%
Frequently Asked Questions for Nippon India Flexi Cap Fund Direct Growth
Nippon India Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.01% | 2.01% |
6 Month Returns | 0.55% | 0.55% |
1 Year Returns | 19.68% | 19.68% |
3 Years Returns | 67.2% | 18.69% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Flexi Cap Fund Direct Growth | -0.49 | 1.82 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Flexi Cap Fund Direct Growth | 0.94 | 0.95 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Flexi Cap Fund Direct Growth | 1.36 | 0.89 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Flexi Cap Fund Direct Growth | 12.36 | 13.32 | - |