Equity
Direct
Multi-Cap
NAV as on 04-09-2024
₹ 325.6
▲0.4%
1D
Inception Returns
18.6%
/yr
Nippon India Multi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ashutosh Bhargava, Sailesh Raj Bhan, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Nippon India Multi Cap Fund Direct Growth has given a CAGR return of 18.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.75%, 29.82% and 29.18% respectively.
Nippon India Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Utilities, Basic Materials, Consumer Defensive, Energy, Communication. Its top holdings are HDFC Bank Ltd, Linde India Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd
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.
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 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.
Expense ratio | 0.75% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹37151 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 30.76% |
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 |
as on (04-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical
Nippon India Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.58% | 1.58% |
6 Month Returns | 23.96% | 23.96% |
1 Year Returns | 43.75% | 43.75% |
3 Years Returns | 118.79% | 29.82% |
5 Years Returns | 259.73% | 29.18% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Multi Cap Fund Direct Growth | 7.22 | 8.44 | 1.56 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Multi Cap Fund Direct Growth | 0.76 | 0.88 | 1.03 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Multi Cap Fund Direct Growth | 3.03 | 1.68 | 1.04 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Multi Cap Fund Direct Growth | 10.2 | 13.09 | 22.01 |