Nippon India Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV: ₹ 11.5 as on 01-06-2023
Fund Performance
2488 people have invested ₹ 82L in Nippon India Flexi Cap Fund Direct Growth in the last three months
Fund Insights
In the last 1 year, HDFC Flexi Cap Fund -Direct Plan - Growth Option has given 20.44% return, outperforming Nippon India Flexi Cap Fund Direct Growth by 8.63%
Nippon India Flexi Cap Fund Direct Growth has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.5% which is lower than the category average expense ratio of 1.24%
Over the last 6 months, Nippon India Flexi Cap Fund Direct Growth has experienced a 2.1% drop in AUM moving from 4.25K Cr to 4.16K Cr
About the Fund
Nippon India Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 13 August, 2021. The fund is managed by Meenakshi Dawar, Dhrumil Shah, Nikhil Rungta, Kinjal Desai, Akshay Sharma. The fund could potentially beat inflation in the long-run.
Key parameters
1) Nippon India Flexi Cap Fund Direct Growth has a NAV of ₹11.4914 as on 01-06-2023.
2) Nippon India Flexi Cap Fund Direct Growth has ₹4167 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 0.5 %.
Nippon India Flexi Cap Fund Direct Growth Overview
 | 0.5% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹4167 Cr |
 | 13 August, 2021 |
 | ₹500/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 51.84% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
60.9%
Small cap
18.4%
Mid cap
16%
Sector Allocation
Financial Services
35.6%
Industrial
13.9%
Consumer Cyclical
12.7%
Basic Materials
9.8%
Tech
8.3%
Consumer Defensive
6.5%
Energy
5.7%
Health
4.4%
Utilities
1.7%
Communication
1.4%
Top Holdings of Nippon India Flexi Cap Fund Direct Growth as on (31-May-23)
Equity Holdings78
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.2% | 0% | |
 ICICI Bank Ltd | 5.4% | 0% | |
 Infosys Ltd | 4.72% | 0% | |
 Reliance Industries Ltd | 4.59% | 0% | |
 Axis Bank Ltd | 3.99% | 0% |
See all
Nippon India Flexi Cap Fund Direct Growth: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at -0.32% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.73% as on Apr'23
- This fund outperformed Nifty 500 by 0.41% in Apr'23
AUM Change
- AUM of the fund stands at 4.2K Cr as of Apr'23
- AUM increased by 148.7 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Gainers & Losers in Nippon India Flexi Cap Fund Direct Growth portfolio as on (30-Apr-23)
Top Growth Drivers | 1M Return |
|---|---|
Harsha Engineers International Ltd | 27.4% |
 Larsen & Toubro Ltd | 9% |
 HDFC Bank Ltd | 4.8% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -11.2% |
 Tech Mahindra Ltd | -7.2% |
 Godrej Consumer Products Ltd | -5.9% |
Peer Analysis
Nippon India Flexi Cap Fund Direct Growth Fund Manager
Meenakshi Dawar
Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 1 January 2023
Top funds managed
Dhrumil Shah
Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 13 August 2021
Top funds managed
Nikhil Rungta
Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 13 August 2021
Kinjal Desai
Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 13 August 2021
Top funds managed
Akshay Sharma
Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 1 December 2022
Top funds managed
Fund 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 8.03% since inception which is less than its category average return of 12.31%
Fund Allocations
This fund has an allocation of 95.75% in Equity, 0% in Debt and 4.25% in Cash related instruments
AUM size ₹4167 Cr
This fund has AUM of ₹4167 Cr which is less than its category average of ₹ 6173 Cr
Expense Ratio 0.5%
This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of Nippon India Flexi Cap Fund Direct Growth is ₹11.49 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
Nippon India Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.72% | 4.72% |
6 Month Returns | 1.2% | 1.2% |
1 Year Returns | 11.81% | 11.81% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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0.5% as on May 2023
₹4167 Cr as on May 2023
HDFC Bank Ltd(7.2%), ICICI Bank Ltd(5.4%), Infosys Ltd(4.72%), Reliance Industries Ltd(4.59%), Axis Bank Ltd(3.99%) as on May 2023
Financial Services(34.09%), Industrial(13.27%), Consumer Cyclical(11.23%) as on January 1
The alpha ratio for the Nippon India Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Flexi Cap Fund Direct Growth | -0.17 | - | - |
As on May 2023
The alpha for Nippon India Flexi 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Flexi Cap Fund Direct Growth | 0.87 | - | - |
As on May 2023
The Beta for Nippon India Flexi 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 Flexi 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 Flexi Cap Fund Direct Growth | -0.21 | - | - |
As on May 2023
The sharpe ratio for Nippon India Flexi 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 Flexi 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 Flexi Cap Fund Direct Growth | 14.53 | - | - |
As on May 2023
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.
Meenakshi Dawar, Dhrumil Shah, Nikhil Rungta, Kinjal Desai, Akshay Sharma are the fund managers of Nippon India Flexi Cap Fund Direct Growth
The Exit load of Nippon India Flexi Cap Fund Direct Growth is 1%