Nippon India Multi Cap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 20-12-2024
₹ 315.66
1D
Inception Returns
17.9%
/yr
About Nippon India Multi Cap Fund Direct Growth
Nippon India Multi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Ashutosh Bhargava, Sailesh Raj Bhan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Multi Cap Fund Direct Growth has ₹39001 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Nippon India Multi Cap Fund Direct Growth has given a CAGR return of 17.92% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 30.07%, 27.86% and 25.65% respectively.
Holdings
Nippon India Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Basic Materials, Utilities, Consumer Defensive, Energy, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Infosys Ltd, Reliance Industries Ltd
Taxation
As it is a multi-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 Multi 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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Multi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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81380 people have invested ₹ 38.5Cr in Nippon India Multi Cap Fund Direct Growth in the last three months
INDmoney Rank for Nippon India Multi Cap Fund Direct Growth
Powered by IND quant engine
2
/7
63% Performance
52% Risk Management
37% Cost
2 out of 7 among multi-cap
Lower probablity of downside risk
Larger AUM within category
5Y returns in the top 25% of the category
No bad points found for this fund.
Nippon India Multi Cap Fund Direct Growth Overview
| Expense ratio | 0.73% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹39001 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 30.76% |
| 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
42.2%
Small cap
29.5%
Mid cap
25%
Sector Allocation
Financial Services
29.4%
Industrial
19.5%
Consumer Cyclical
17.6%
Health
7.5%
Tech
6.3%
Basic Materials
5.1%
Utilities
4.7%
Consumer Defensive
3.7%
Energy
3%
Communication
3%
Real Estate
0.2%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.11% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 0.49% in Nov'24
- AUM of the fund stands at 39K Cr as of Nov'24
- AUM increased by 323.1 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Indian Hotels Co Ltd's allocation increased from 1.92% to 2.24%
GE Vernova T&D India Ltd's allocation increased from 2.64% to 2.86%
HDFC Bank Ltd's allocation increased from 6.28% to 6.45%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 4 % to 3.99 %
Reliance Industries Ltd's allocation decreased from 3.1 % to 2.98 %
Linde India Ltd's allocation decreased from 3.02 % to 2.71 %
Mid Cap allocation has gone down from 25.2% to 25%
Large Cap allocation has gone down from 42.4% to 42.2%
Small Cap allocation has gone up from 29.2% to 29.5%
Cash allocation has gone down from 2% to 1.2%
Top 3 Sectors in November were Financial Services, Industrial & Consumer Cyclical
Nov'24
Financial Services
29%
Industrial
20%
Consumer Cyclical
18%
Oct'24
Financial Services
29%
Industrial
19%
Consumer Cyclical
17%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.45% | 0% | |
 ICICI Bank Ltd | 3.99% | 0% | |
 Axis Bank Ltd | 3.06% | 5% | |
 Infosys Ltd | 3% | 0% | |
 Reliance Industries Ltd | 2.98% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Indian Hotels Co Ltd | 16.9% |
 Infosys Ltd | 8.5% |
 HDFC Bank Ltd | 3.9% |
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Kinjal Desai
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 25 May 2018
Top funds managed
Ashutosh Bhargava
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 1 September 2021
Top funds managed
Sailesh Raj Bhan
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 31 March 2005
Top funds managed
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.26L Cr
as on 29-Nov-2024
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 22.0% growth in AUM moving from 31.96K Cr to 39.00K Cr.
Over the last 1 year, this fund has decreased expense ratio by 18.0% moving from 0.89 to 0.73.
In the last 1 year, LIC MF Multi Cap Fund Direct Growth has given 36.92% return, outperforming this fund by 6.85%.
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 30% return, outperforming this fund by 4.34% per annum.
This fund expense ratio is slightly on the lower side within the category (multi-cap). Its expense ratio is 0.73% which is lower than the category average expense ratio of 1.2%.
In the last 3 years, Kotak Multicap Fund Direct Growth has given 28.74% return, outperforming this fund by 0.87% per annum.
Nippon India Multi 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 17.92% since inception which is more than its category average return of 15.9%
Fund Allocations
This fund has an allocation of 98.79% in Equity, 0% in Debt and 1.21% in Cash related instruments
AUM size ₹39001 Cr
This fund has AUM of ₹39001 Cr which is more than its category average of ₹ 3903 Cr
Expense Ratio 0.73%
This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.22%
Frequently Asked Questions for Nippon India Multi Cap Fund Direct Growth
The current NAV of Nippon India Multi Cap Fund Direct Growth is ₹315.66 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Nippon India Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.44% | 3.44% |
6 Month Returns | 3.34% | 3.34% |
1 Year Returns | 30.07% | 30.07% |
3 Years Returns | 109.04% | 27.86% |
5 Years Returns | 213.22% | 25.65% |
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.
0.73% as on November 2024
₹39001 Cr as on November 2024
HDFC Bank Ltd(6.45%), ICICI Bank Ltd(3.99%), Axis Bank Ltd(3.06%), Infosys Ltd(3%), Reliance Industries Ltd(2.98%) as on November 2024
Financial Services(28.99%), Industrial(19.27%), Consumer Cyclical(17.41%) as on November 2024
The alpha ratio for the Nippon India Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Multi Cap Fund Direct Growth | 8.51 | 8.3 | 1.78 |
As on November 2024
The alpha for Nippon India Multi 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 Nippon India Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Multi Cap Fund Direct Growth | 0.8 | 0.88 | 1.03 |
As on November 2024
The Beta for Nippon India Multi 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 Nippon India Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Multi Cap Fund Direct Growth | 2.18 | 1.47 | 0.91 |
As on November 2024
The sharpe ratio for Nippon India Multi 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 Nippon India Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Multi Cap Fund Direct Growth | 11.18 | 13.39 | 22.16 |
As on November 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 3.09 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.62 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Ashutosh Bhargava, Sailesh Raj Bhan are the fund managers of Nippon India Multi Cap Fund Direct Growth
The Exit load of Nippon India Multi Cap Fund Direct Growth is 1%