Nippon India Flexi Cap Fund Direct Growth

Nippon India Flexi Cap Fund Direct Growth

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Equity
Direct
Flexi Cap
NAV: ₹ 16.24 as on 24-05-2024

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 Dhrumil Shah, Kinjal Desai, Meenakshi Dawar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India Flexi Cap Fund Direct Growth has ₹6790 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.
Fund Performance
zero opening, trading, fund transfer fee
4233 people have invested ₹ 1.5Cr in Nippon India Flexi Cap Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.45%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹6790 Cr
Inception Date
Inception Date
13 August, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
65.42%

Nippon India Flexi Cap Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 96.8%

  • Debt & Cash 3.2%

Size breakup

Large cap
60.6%
Small cap
20.1%
Mid cap
16.2%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
29.8%
Consumer Cyclical
17.2%
Industrial
16.4%
Tech
8%
Consumer Defensive
6.6%
Health
5.8%
Energy
5.3%
Basic Materials
5%
Utilities
3.6%
Communication
2.3%

Top Holdings of Nippon India Flexi Cap Fund Direct Growth as on (30-Apr-24)

  • Equity

Equity Holdings90

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
5.04%
-0.18%
0.33%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 5.04% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 2.58% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 6.3K Cr
₹ 6.3K Cr
₹ 6.2K Cr
  • AUM of the fund stands at 6.3K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Dhrumil Shah
Dhrumil Shah
Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 13 August 2021
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 13 August 2021
Meenakshi Dawar
Meenakshi Dawar
Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 1 January 2023

Nippon India Flexi Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 19.02% since inception which is less than its category average return of 19.37%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.82% in Equity, 0% in Debt and 3.18% in Cash related instruments
AUM size ₹6790 Cr

AUM size ₹6790 Cr

This fund has AUM of ₹6790 Cr which is less than its category average of ₹ 7427 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions

The current NAV of Nippon India Flexi Cap Fund Direct Growth is ₹16.24 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Nippon India Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.46%
5.46%
6 Month Returns
19.72%
19.72%
1 Year Returns
42.9%
42.9%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.45% as on April 2024
₹6790 Cr as on April 2024
HDFC Bank Ltd(6.53%), ICICI Bank Ltd(4.67%), Larsen & Toubro Ltd(3.68%), Reliance Industries Ltd(3.41%), Axis Bank Ltd(3.32%) as on April 2024
Financial Services(28.85%), Consumer Cyclical(16.64%), Industrial(15.88%) as on April 2024
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
6.09
-
-
As on April 2024
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
0.89
-
-
As on April 2024
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
2.97
-
-
As on April 2024
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
10.18
-
-
As on April 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.
Dhrumil Shah, Kinjal Desai, Meenakshi Dawar 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%