Nippon India Multi Cap Fund Direct Growth
Equity
Direct
Multi-Cap
About the Fund
Nippon India Multi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Ashutosh Bhargava, Sailesh Raj Bhan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Multi Cap Fund Direct Growth has ₹34943 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
Nippon India Multi Cap Fund Direct Growth has given a CAGR return of 18.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 48.12%, 32.18% and 26.17% respectively.
Holdings
Nippon India Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Utilities, Basic Materials, Tech, Energy, Consumer Defensive, Communication. Its top holdings are HDFC Bank Ltd, Linde India Ltd, Reliance Industries Ltd, ICICI Bank Ltd, EIH Ltd
Taxation
As it is a multi-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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Nippon India Multi 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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Multi Cap Fund Direct Growth has no lock in period.
Fund Performance
46101 people have invested ₹ 34.4Cr in Nippon India Multi Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
2
/6
70% Performance
55% Risk Management
55% Cost
2 out of 6 among multi-cap
Lower probablity of downside risk
Protects capital during bear phase
Larger AUM within category
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.79% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹34943 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 38.48% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
41.7%
Small cap
29.9%
Mid cap
27.2%
Sector Allocation
Financial Services
27.9%
Industrial
21%
Consumer Cyclical
20.6%
Health
6.4%
Utilities
5.2%
Basic Materials
5%
Tech
4%
Energy
3.6%
Consumer Defensive
3.6%
Communication
2.9%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.51% | 8% | |
 Linde India Ltd | 3.62% | -6.9% | |
 Reliance Industries Ltd | 3.58% | 14.3% | |
 ICICI Bank Ltd | 3.5% | 0% | |
 EIH Ltd | 3.02% | 0% |
See all
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Amara Raja Energy & Mobility Ltd | 12% |
Samvardhana Motherson International Ltd | 2.4% |
Kinjal Desai
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 25 May 2018
Top funds managed
Ashutosh Bhargava
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 1 September 2021
Top funds managed
Sailesh Raj Bhan
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 31 March 2005
Top funds managed
Mutual Fund Insights
This fund with AUM at ₹34943.27Cr is among the largest funds in the multi-cap category.
Over the last 6 months, this fund has experienced a 42.1% growth in AUM moving from 24.59K Cr to 34.94K Cr.
This fund expense ratio is slightly on the lower side within the category (multi-cap). Its expense ratio is 0.79% which is lower than the category average expense ratio of 1.21%.
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 33.88% return, outperforming this fund by 7.71% per annum.
Over the last 1 year, this fund has decreased expense ratio by 24.8% moving from 1.05 to 0.79.
In the last 3 years, this fund has outperformed all funds in its category.
In the last 1 year, HSBC Multi Cap Fund Direct Growth has given 59.38% return, outperforming this fund by 11.27%.
Nippon India Multi Cap Fund Direct Growth 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 18.41% since inception which is more than its category average return of 17.96%
Fund Allocations
This fund has an allocation of 99.08% in Equity, 0% in Debt and 0.92% in Cash related instruments
AUM size ₹34943 Cr
This fund has AUM of ₹34943 Cr which is more than its category average of ₹ 3603 Cr
Expense Ratio 0.79%
This fund has an expense ratio of 0.79% which is less than its category average expense ratio of 1.23%
Frequently Asked Questions
The current NAV of Nippon India Multi Cap Fund Direct Growth is ₹314.95 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Nippon India Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.57% | 1.57% |
6 Month Returns | 25.93% | 25.93% |
1 Year Returns | 48.12% | 48.12% |
3 Years Returns | 130.96% | 32.18% |
5 Years Returns | 219.77% | 26.17% |
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.
0.79% as on June 2024
₹34943 Cr as on June 2024
HDFC Bank Ltd(6.51%), Linde India Ltd(3.62%), Reliance Industries Ltd(3.58%), ICICI Bank Ltd(3.5%), EIH Ltd(3.02%) as on June 2024
Financial Services(27.62%), Industrial(20.8%), Consumer Cyclical(20.37%) as on June 2024
The alpha ratio for the Nippon India Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Multi Cap Fund Direct Growth | 11.77 | 9.69 | 0.7 |
As on June 2024
The alpha for Nippon India Multi 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 Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Multi Cap Fund Direct Growth | 0.75 | 0.89 | 1.05 |
As on June 2024
The Beta for Nippon India Multi 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 Multi 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 Multi Cap Fund Direct Growth | 3.45 | 1.82 | 0.85 |
As on June 2024
The sharpe ratio for Nippon India Multi 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 Multi 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 Multi Cap Fund Direct Growth | 10.41 | 13.24 | 22.73 |
As on June 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 4.21 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.96 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Ashutosh Bhargava, Sailesh Raj Bhan are the fund managers of Nippon India Multi Cap Fund Direct Growth
The Exit load of Nippon India Multi Cap Fund Direct Growth is 1%