Nippon India Flexicap Fund-Direct Plan-Idcw Payout
Equity
Direct
Flexi Cap
NAV: ₹ 13.1 as on 25-09-2023
Fund Performance
41 people have invested ₹ 42.4K in Nippon India Flexicap Fund-Direct Plan-Idcw Payout in the last three months
About the Fund
Nippon India Flexicap Fund-Direct Plan-Idcw Payout is an equity fund. This fund was started on 13 August, 2021. The fund is managed by Dhrumil Shah, Meenakshi Dawar, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Flexicap Fund-Direct Plan-Idcw Payout has ₹4767 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.5.
Nippon India Flexicap Fund-Direct Plan-Idcw Payout Overview
 | 0.48% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹4767 Cr |
 | 13 August, 2021 |
 | ₹500/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 65.42% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
61.9%
Small cap
22.3%
Mid cap
14.9%
Sector Allocation
Financial Services
30.6%
Industrial
14.7%
Consumer Cyclical
13.8%
Tech
9.5%
Basic Materials
7.7%
Consumer Defensive
7.7%
Health
7%
Energy
5%
Communication
2.2%
Utilities
1.8%
Top Holdings of Nippon India Flexicap Fund-Direct Plan-Idcw Payout as on (31-Aug-23)
Equity Holdings81
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.3% | 41.6% | |
 ICICI Bank Ltd | 4.93% | 0% | |
 Infosys Ltd | 4.73% | 0% | |
 Reliance Industries Ltd | 3.99% | 0% | |
 Axis Bank Ltd | 3.95% | 0% |
See all
Nippon India Flexicap Fund-Direct Plan-Idcw Payout: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 2.13% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 2.87% in Aug'23
AUM Change
- AUM of the fund stands at 4.8K Cr as of Aug'23
- AUM increased by 117.7 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Nippon India Flexicap Fund-Direct Plan-Idcw Payout portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Gland Pharma Ltd | 33.6% |
 Rategain Travel Technologies Ltd | 30.6% |
Electronics Mart India Ltd | 23.8% |
Top Losers | 1M Return |
|---|---|
 HDFC Bank Ltd | -5.5% |
 Reliance Industries Ltd | -4.2% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Nippon India Flexicap Fund-Direct Plan-Idcw Payout Fund Manager
Dhrumil Shah
Fund Manager of Nippon India Flexicap Fund-Direct Plan-Idcw Payout, since 13 August 2021
Top funds managed
Meenakshi Dawar
Fund Manager of Nippon India Flexicap Fund-Direct Plan-Idcw Payout, since 1 January 2023
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Flexicap Fund-Direct Plan-Idcw Payout, since 13 August 2021
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 13.52% since inception which is less than its category average return of 13.93%
Fund Allocations
This fund has an allocation of 99.29% in Equity, 0% in Debt and 0.71% in Cash related instruments
AUM size ₹4767 Cr
This fund has AUM of ₹4767 Cr which is less than its category average of ₹ 6413 Cr
Expense Ratio 0.48%
This fund has an expense ratio of 0.48% which is less than its category average expense ratio of 1.42%
Frequently Asked Questions
The current NAV of Nippon India Flexicap Fund-Direct Plan-Idcw Payout is ₹13.06 as on 25-Sep-2023.
Existing (Absolute + CAGR) as on 25-Sep-2023.
Nippon India Flexicap Fund-Direct Plan-Idcw Payout | Absolute Returns | CAGR Returns |
1 Month Returns | 2.2% | 2.2% |
6 Month Returns | 24.77% | 24.77% |
1 Year Returns | 16.79% | 16.79% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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0.48% as on August 2023
₹4767 Cr as on August 2023
HDFC Bank Ltd(8.3%), ICICI Bank Ltd(4.93%), Infosys Ltd(4.73%), Reliance Industries Ltd(3.99%), Axis Bank Ltd(3.95%) as on August 2023
Financial Services(30.35%), Industrial(14.63%), Consumer Cyclical(13.73%) as on August 2023
The alpha ratio for the Nippon India Flexicap Fund-Direct Plan-Idcw Payout for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Flexicap Fund-Direct Plan-Idcw Payout | 5.63 | - | - |
As on August 2023
The alpha for Nippon India Flexicap Fund-Direct Plan-Idcw Payout 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 Flexicap Fund-Direct Plan-Idcw Payout for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Flexicap Fund-Direct Plan-Idcw Payout | 0.84 | - | - |
As on August 2023
The Beta for Nippon India Flexicap Fund-Direct Plan-Idcw Payout 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 Flexicap Fund-Direct Plan-Idcw Payout for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Flexicap Fund-Direct Plan-Idcw Payout | 0.94 | - | - |
As on August 2023
The sharpe ratio for Nippon India Flexicap Fund-Direct Plan-Idcw Payout 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 Flexicap Fund-Direct Plan-Idcw Payout for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Flexicap Fund-Direct Plan-Idcw Payout | 10.56 | - | - |
As on August 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.
Dhrumil Shah, Meenakshi Dawar, Kinjal Desai are the fund managers of Nippon India Flexicap Fund-Direct Plan-Idcw Payout
The Exit load of Nippon India Flexicap Fund-Direct Plan-Idcw Payout is 1%