Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl

Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl

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Equity
Direct
Flexi Cap
NAV: ₹ 16.95 as on 13-06-2024

About the Fund

Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 13 August, 2021. The fund is managed by Meenakshi Dawar, Kinjal Desai, Dhrumil Shah. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl 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.

Returns

Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 20.28% since inception. Over the last 1 year the fund has given a CAGR return of 44.97%.

Holdings

Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Consumer Defensive, Health, Energy, Basic Materials, Utilities, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Larsen & Toubro Ltd, Reliance Industries Ltd, Axis Bank 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 Payout Inc Dist cum Cap Wdrl

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 Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
46 people have invested ₹ 1.6L in Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 96.9%

  • Debt & Cash 3.1%

Size breakup

Large cap
58.4%
Small cap
21.4%
Mid cap
17%
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%

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

Top Holdings of Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-May-24)

  • Equity

Equity Holdings90

Fund Manager

Meenakshi Dawar
Meenakshi Dawar
Fund Manager of Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl, since 1 January 2023
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl, since 13 August 2021
Dhrumil Shah
Dhrumil Shah
Fund Manager of Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl, since 13 August 2021

Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl 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 20.28% since inception which is more than its category average return of 20.08%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.91% in Equity, 0% in Debt and 3.09% 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 ₹ 7777 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 Payout Inc Dist cum Cap Wdrl is ₹16.95 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
9.13%
9.13%
6 Month Returns
18.05%
18.05%
1 Year Returns
44.97%
44.97%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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  • Select your bank account and proceed with Payment.
0.45% as on May 2024
₹6790 Cr as on May 2024
HDFC Bank Ltd(6.33%), ICICI Bank Ltd(4.38%), Larsen & Toubro Ltd(3.82%), Reliance Industries Ltd(3.46%), Axis Bank Ltd(3.19%) as on May 2024
Financial Services(27.03%), Industrial(17.74%), Consumer Cyclical(16.54%) as on May 2024
The alpha ratio for the Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl
6.5
-
-
As on May 2024
The alpha for Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl
0.87
-
-
As on May 2024
The Beta for Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl
2.72
-
-
As on May 2024
The sharpe ratio for Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl
10.07
-
-
As on May 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.
Meenakshi Dawar, Kinjal Desai, Dhrumil Shah are the fund managers of Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Flexi Cap Fund Direct Payout Inc Dist cum Cap Wdrl is 1%