Nippon India Flexi Cap Fund Direct Growth
Nippon India Flexi Cap Fund Direct Growth

Nippon India Flexi Cap Fund Direct Growth

Compare
Equity
Direct
Flexi Cap

NAV: ₹ 11.5 as on 01-06-2023

Fund Performance
zero opening, trading, fund transfer fee
2488 people have invested ₹ 82L in Nippon India Flexi Cap Fund Direct Growth in the last three months

Fund Insights

Insights icon

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%

Insights icon

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%

Insights icon

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

Expense ratio
Expense ratio
0.5%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹4167 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
51.84%

Fund Distribution as on (30-Apr-23)

  • Equity 95.7%

  • Debt & Cash 4.3%

Size breakup

Large cap
60.9%
Small cap
18.4%
Mid cap
16%

Sector Allocation

Apr'23

Mar'23

Feb'23

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

Equity Holdings78

Nippon India Flexi Cap Fund Direct Growth: Monthly Changes Updates

All changes are between Feb'23 and Apr'23

Fund Performance

Apr'23
Mar'23
Feb'23
Fund Returns
-0.32%
-0.32%
-1.59%
Nifty 500
-0.73%
-0.73%
-2.22%
  • 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

Parameters
Apr'23
Mar'23
Feb'23
AUM
₹ 4.2K Cr
₹ 4K Cr
₹ 4K Cr
  • 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)

Nippon India Flexi Cap Fund Direct Growth Fund Manager

Meenakshi Dawar

Meenakshi Dawar

Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 1 January 2023
Dhrumil Shah

Dhrumil Shah

Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 13 August 2021
Nikhil Rungta

Nikhil Rungta

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
Akshay Sharma

Akshay Sharma

Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 1 December 2022

Fund 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 8.03% since inception which is less than its category average return of 12.31%
Fund Allocations

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

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%

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%
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.
0.5% 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%