NJ Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 20-12-2024
₹ 13.99
1D
Inception Returns
29.2%
/yr
About NJ Flexi Cap Fund Direct Growth
NJ Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 6 September, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- NJ Flexi Cap Fund Direct Growth has ₹1967 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
NJ Flexi Cap Fund Direct Growth has given a CAGR return of 29.24% since inception. Over the last 1 year the fund has given a CAGR return of 19.47%.
Holdings
NJ Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Tech, Consumer Cyclical, Consumer Defensive, Financial Services, Energy, Industrial, Basic Materials, Utilities. Its top holdings are HCL Technologies Ltd, Ajanta Pharma Ltd, Alkem Laboratories Ltd, Coal India Ltd, HDFC Asset Management Co 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 NJ Flexi Cap Fund Direct Growth
The investment objective of the Scheme is to generate long term capital appreciation by investing in equity and equity related instruments across market capitalizations. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. NJ Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
NJ Flexi Cap Fund Direct Growth Overview
| Expense ratio | 0.59% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1967 Cr |
| Inception Date | 6 September, 2023 |
| Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 16.48% |
| 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)
- This fund’s returns stands at -1.24% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 0.65% in Nov'24
- AUM of the fund stands at 1.9K Cr as of Nov'24
- AUM decreased by 78.9 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Health, Consumer Cyclical & Tech
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Pharmaceuticals Ltd | 9.3% |
 HCL Technologies Ltd | 7.7% |
 Tech Mahindra Ltd | 4.7% |
NJ Flexi Cap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1967 Cr
Expense Ratio 0.59%
Frequently Asked Questions for NJ Flexi Cap Fund Direct Growth
NJ Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.07% | 0.07% |
6 Month Returns | -1.55% | -1.55% |
1 Year Returns | 19.47% | 19.47% |
3 Years Returns | 0% | 0% |
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 |
NJ Flexi Cap Fund Direct Growth | -3.72 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
NJ Flexi Cap Fund Direct Growth | 1.36 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
NJ Flexi Cap Fund Direct Growth | 1.11 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
NJ Flexi Cap Fund Direct Growth | 19.17 | - | - |