Nippon India Multi Cap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 21-02-2025
₹ 283.27
▲0.8%
1D
Inception Returns
16.5%
/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 Ashutosh Bhargava, Sailesh Raj Bhan, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Multi Cap Fund Direct Growth has ₹37594 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
Nippon India Multi Cap Fund Direct Growth has given a CAGR return of 16.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.82%, 22.51% and 21.96% respectively.
Holdings
Nippon India Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Utilities, Basic Materials, Energy, Consumer Defensive, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Reliance Industries Ltd, GE Vernova T&D India 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
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
Absolute
▲
▼
84435 people have invested ₹ 34.8Cr 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
4
/10
61% Performance
49% Risk Management
43% Cost
4 out of 10 among multi-cap
Larger AUM within category
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Poor track record of Recovering losses quickly
Nippon India Multi Cap Fund Direct Growth Overview
| Expense ratio | 0.78% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹37594 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 (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
Large cap
41.9%
Small cap
26.9%
Mid cap
25.3%
Sector Allocation
Financial Services
31%
Consumer Cyclical
18.6%
Industrial
18.2%
Health
7.2%
Tech
6.2%
Utilities
5.8%
Basic Materials
5.3%
Energy
3.2%
Consumer Defensive
2.5%
Communication
1.9%
Real Estate
0.2%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 37.6K Cr as of Jan'25
- AUM decreased by 1.8K Cr between Jan'25 and Dec'24
Top Stocks bought last month
Axis Bank Ltd's allocation increased from 2.84% to 3.7%
FSN E-Commerce Ventures Ltd's allocation increased from 0.16% to 0.93%
NTPC Ltd's allocation increased from 1.95% to 2.48%
Top Stocks sold last month
GE Vernova T&D India Ltd's allocation decreased from 3.34 % to 3.08 %
Infosys Ltd's allocation decreased from 3.01 % to 2.9 %
EIH Ltd's allocation decreased from 2.68 % to 2.41 %
Small Cap allocation has gone down from 29.5% to 26.9%
Mid Cap allocation has gone down from 25.5% to 25.3%
Large Cap allocation has gone up from 40.5% to 41.9%
Cash allocation has gone up from 1.5% to 2.6%
Top 3 Sectors in January were Financial Services, Industrial & Consumer Cyclical
Jan'25
Financial Services
31%
Consumer Cyclical
19%
Industrial
18%
Dec'24
Financial Services
28%
Industrial
20%
Consumer Cyclical
19%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Finance Ltd | 13.4% |
 SBI Cards & Payment Services Ltd | 12.7% |
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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
Kinjal Desai
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 25 May 2018
Top funds managed
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.25L Cr
as on 31-Jan-2025
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 15 months, this fund has decreased expense ratio by 19.6% moving from 0.97 to 0.78.
This fund with AUM at ₹37593.66Cr is among the largest funds in the multi-cap category.
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 26.22% return, outperforming this fund by 4.26% per annum.
In the last 3 years, Kotak Multicap Fund Direct Growth has given 23.3% return, outperforming this fund by 0.78% per annum.
In the last 1 year, SBI Multicap Fund Direct Growth has given 13.13% return, outperforming this fund by 4.31%.
Over the last 1 month, this fund has experienced a 4.5% drop in AUM moving from 39.38K Cr to 37.59K Cr.
This fund expense ratio is slightly on the lower side within the category (multi-cap). Its expense ratio is 0.78% which is lower than the category average expense ratio of 1.22%.
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 16.48% since inception which is more than its category average return of 13.6%
Fund Allocations
This fund has an allocation of 97.42% in Equity, 0% in Debt and 2.58% in Cash related instruments
AUM size ₹37594 Cr
This fund has AUM of ₹37594 Cr which is more than its category average of ₹ 6242 Cr
Expense Ratio 0.78%
This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions for Nippon India Multi Cap Fund Direct Growth
The current NAV of Nippon India Multi Cap Fund Direct Growth is ₹283.27 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
Nippon India Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.03% | -6.03% |
6 Month Returns | -10.85% | -10.85% |
1 Year Returns | 8.82% | 8.82% |
3 Years Returns | 83.88% | 22.51% |
5 Years Returns | 169.82% | 21.96% |
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.
0.78% as on January 2025
₹37594 Cr as on January 2025
HDFC Bank Ltd(6.01%), ICICI Bank Ltd(3.99%), Axis Bank Ltd(3.7%), Reliance Industries Ltd(3.15%), GE Vernova T&D India Ltd(3.08%) as on January 2025
Financial Services(30.16%), Consumer Cyclical(18.15%), Industrial(17.72%) as on January 2025
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 | 5.9 | 6.77 | 1.84 |
As on January 2025
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 | 0.97 | 0.91 | 1.03 |
As on January 2025
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 | 0.66 | 1.11 | 0.82 |
As on January 2025
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 | 13.8 | 14.32 | 22.49 |
As on January 2025
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 2.1 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.41 as on January 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Ashutosh Bhargava, Sailesh Raj Bhan, Kinjal Desai 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%