Nippon India Flexi Cap Fund Direct Growth

Nippon India Flexi Cap Fund Direct Growth

Equity

Direct

Flexi Cap

NAV as on 06-12-2024

₹ 17.88

0.3%

1D

Inception Returns

19.2%

/yr

About Nippon India Flexi Cap Fund Direct Growth

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

Key Parameters

  1. Nippon India Flexi Cap Fund Direct Growth has ₹8426 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Nippon India Flexi Cap Fund Direct Growth has given a CAGR return of 19.16% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 25.10% and 19.41% respectively.

Holdings

Nippon India Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Consumer Defensive, Health, Energy, Basic Materials, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Larsen & Toubro Ltd, Infosys Ltd, Reliance Industries 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Nippon India Flexi 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. The fund will have the flexibility to invest in a broad range of companies with an objective to maximize the returns, at the same time trying to minimize the risk by reasonable diversification. However there can be no assurance that the investment objective of the scheme will be realized, as actual market movements may be at variance with anticipated trends.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Nippon India Flexi Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
6020 people have invested ₹ 3Cr in Nippon India Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank for Nippon India Flexi Cap Fund Direct Growth

Powered by IND quant engine
6
/20
45% Performance
54% Risk Management
99% Cost
6 out of 20 among flexi cap
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Recovers losses quickly
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Underperforms benchmarks during bull run

Nippon India Flexi Cap Fund Direct Growth Overview

Expense ratio0.45%
Benchmark
S&P BSE 500 India TR INR
AUM₹8426 Cr
Inception Date13 August, 2021
Min Lumpsum/SIP₹500/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
21.92%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (06-Dec-24)

Period
Nippon India Flexi Cap Fund Direct Growth
Nifty 500
flexi cap
1M
1%
2.9%
1.7%
3M
-0.5%
-0.7%
0.5%
6M
9.6%
7.1%
11.9%
1Y
25.1%
24.6%
29.6%
3Y
19.4%
15.6%
18.7%

Fund Distribution

as on (31-Oct-24)

  • Equity 97%

  • Debt & Cash 3%

Large cap
59.9%

Small cap
22%

Mid cap
14.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
28.5%
Consumer Cyclical
16.9%
Industrial
16.6%
Tech
8.9%
Consumer Defensive
6.9%
Energy
5.2%
Health
4.9%
Basic Materials
4.7%
Utilities
3.3%
Communication
2.5%
Real Estate
1.6%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.63%
1.74%
1.19%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -5.63% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 0.89% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 8.7K Cr
₹ 8.7K Cr
₹ 8.5K Cr
  • AUM of the fund stands at 8.7K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
LTIMindtree Ltd's allocation increased from 0.23% to 0.55%
LTIMindtree Ltd's allocation increased from 0.23% to 0.55%
ICICI Bank Ltd's allocation increased from 4.74% to 4.99%
ICICI Bank Ltd's allocation increased from 4.74% to 4.99%
Angel One Ltd Ordinary Shares's allocation increased from 1.01% to 1.25%
Angel One Ltd Ordinary Shares's allocation increased from 1.01% to 1.25%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 3.37 % to 3.27 %
Infosys Ltd's allocation decreased from 3.37 % to 3.27 %
Reliance Industries Ltd's allocation decreased from 2.88 % to 2.69 %
Reliance Industries Ltd's allocation decreased from 2.88 % to 2.69 %
Axis Bank Ltd's allocation decreased from 2.73 % to 2.66 %
Axis Bank Ltd's allocation decreased from 2.73 % to 2.66 %
Small Cap allocation has gone down from 23.4% to 22.8%
Small Cap allocation has gone down from 23.4% to 22.8%
Mid Cap allocation has gone down from 14.9% to 14.5%
Mid Cap allocation has gone down from 14.9% to 14.5%
Large Cap allocation has gone up from 58.4% to 58.5%
Large Cap allocation has gone up from 58.4% to 58.5%
Cash allocation has gone up from 2.7% to 3.4%
Cash allocation has gone up from 2.7% to 3.4%

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial

Oct'24
Financial Services
28%
Consumer Cyclical
17%
Industrial
17%
Sep'24
Financial Services
28%
Consumer Cyclical
18%
Industrial
16%
  • Gainers

  • Losers

Fund
Oct'24
Sep'24
Aug'24
No of Holdings
102
101
95
Top 5 Company Concentration
20.5%
20.3%
19.9%
Company having highest exposure
HDFC Bank Ltd (6%)
HDFC Bank Ltd (5.8%)
HDFC Bank Ltd (5.6%)
No of Sectors
11
11
10
Top 5 Sectors Concentration
77.7%
77%
78.4%
Sector having highest exposure
Financial Services (28.5%)
Financial Services (28%)
Financial Services (27.4%)
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Meenakshi Dawar
Meenakshi Dawar
Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 1 January 2023
Nikhil Rungta
Nikhil Rungta
Fund Manager of Nippon India Flexi Cap Fund Direct Growth, since 13 August 2021
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
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.29L Cr
as on 31-Oct-2024
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

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 19.16% since inception which is less than its category average return of 20.39%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.01% in Equity, 0% in Debt and 2.99% in Cash related instruments
AUM size ₹8426 Cr

AUM size ₹8426 Cr

This fund has AUM of ₹8426 Cr which is less than its category average of ₹ 8774 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 1.34%

Frequently Asked Questions for Nippon India Flexi Cap Fund Direct Growth

The current NAV of Nippon India Flexi Cap Fund Direct Growth is ₹17.88 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Nippon India Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.03%
1.03%
6 Month Returns
9.59%
9.59%
1 Year Returns
25.1%
25.1%
3 Years Returns
70.24%
19.41%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.45% as on November 2024
₹8426 Cr as on November 2024
HDFC Bank Ltd(6.13%), ICICI Bank Ltd(4.95%), Larsen & Toubro Ltd(3.63%), Infosys Ltd(3.42%), Reliance Industries Ltd(2.58%) as on November 2024
Financial Services(27.24%), Consumer Cyclical(16.43%), Industrial(16.05%) as on November 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
-0.49
1.82
-
As on November 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
0.94
0.95
-
As on November 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
1.36
0.89
-
As on November 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
12.36
13.32
-
As on November 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.
Sortino ratio is 1.53 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.39 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Meenakshi Dawar, Nikhil Rungta, Dhrumil Shah, Kinjal Desai 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%