Nippon India Multi Cap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 22-10-2024
₹ 319.26
1D
Inception Returns
18.4%
/yr
About Nippon India Multi Cap Fund Direct Growth
Nippon India Multi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ashutosh Bhargava, Kinjal Desai, Sailesh Raj Bhan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Multi Cap Fund Direct Growth has ₹39622 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Nippon India Multi Cap Fund Direct Growth has given a CAGR return of 18.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.63%, 27.26% and 27.19% respectively.
Holdings
Nippon India Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Basic Materials, Utilities, Consumer Defensive, Communication, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Linde India Ltd, Infosys Ltd, Axis Bank 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.
Historical NAV & Returns
Annualised
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69834 people have invested ₹ 33.5Cr in Nippon India Multi Cap Fund Direct Growth in the last three months
INDmoney Rank for Nippon India Multi Cap Fund Direct Growth
Powered by IND quant engine
2
/7
58% Performance
55% Risk Management
35% Cost
2 out of 7 among multi-cap
Lower probablity of downside risk
Protects capital during bear phase
Larger AUM within category
No bad points found for this fund.
Nippon India Multi Cap Fund Direct Growth Overview
| Expense ratio | 0.73% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹39622 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 30.76% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
41.8%
Small cap
29.3%
Mid cap
26.1%
Sector Allocation
Financial Services
27.6%
Industrial
19.2%
Consumer Cyclical
18.6%
Health
7.3%
Tech
6.2%
Basic Materials
5.7%
Utilities
5.3%
Consumer Defensive
4%
Communication
3.1%
Energy
2.8%
Real Estate
0.1%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.47% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund outperformed Nifty 500 by 0.43% in Sep'24
- AUM of the fund stands at 39.6K Cr as of Sep'24
- AUM increased by 1.5K Cr between Sep'24 and Aug'24
Top Stocks bought last month
Linde India Ltd's allocation increased from 2.89% to 3.26%
HDFC Bank Ltd's allocation increased from 5.8% to 6.12%
ICICI Bank Ltd's allocation increased from 3.29% to 3.6%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 3.21 % to 2.98 %
Reliance Industries Ltd's allocation decreased from 2.93 % to 2.76 %
GE T&D India Ltd's allocation decreased from 2.59 % to 2.43 %
Mid Cap allocation has gone down from 28% to 26.1%
Large Cap allocation has gone up from 40.8% to 41.8%
Small Cap allocation has gone up from 28% to 29.3%
Cash allocation has gone down from 2% to 1.9%
Top 3 Sectors in September were Financial Services, Industrial & Consumer Cyclical
Sep'24
Financial Services
28%
Industrial
19%
Consumer Cyclical
19%
Aug'24
Financial Services
27%
Industrial
20%
Consumer Cyclical
19%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.12% | 3.7% | |
 ICICI Bank Ltd | 3.6% | 10% | |
 Linde India Ltd | 3.26% | 0% | |
 Infosys Ltd | 2.98% | 0% | |
 Axis Bank Ltd | 2.83% | 9.6% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Hitachi Energy India Ltd | 22.1% |
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Ashutosh Bhargava
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 1 September 2021
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 25 May 2018
Top funds managed
Sailesh Raj Bhan
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 31 March 2005
Top funds managed
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.07L Cr
as on 30-Sep-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
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 42.8% growth in AUM moving from 27.74K Cr to 39.62K Cr.
Over the last 1 year, this fund has decreased expense ratio by 24.7% moving from 0.97 to 0.73.
In the last 1 year, Axis Multicap Fund Direct Growth has given 51.43% return, outperforming this fund by 6.8%.
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 31.43% return, outperforming this fund by 4.24% per annum.
This fund expense ratio is slightly on the lower side within the category (multi-cap). Its expense ratio is 0.73% which is lower than the category average expense ratio of 1.19%.
In the last 3 years, this fund has outperformed all funds in its category.
This fund with AUM at ₹39621.81Cr is among the largest funds in the multi-cap category.
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 18.36% since inception which is more than its category average return of 17.09%
Fund Allocations
This fund has an allocation of 98.09% in Equity, 0% in Debt and 1.91% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 4040 Cr
Expense Ratio 0.73%
This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.22%
Frequently Asked Questions for Nippon India Multi Cap Fund Direct Growth
The current NAV of Nippon India Multi Cap Fund Direct Growth is ₹319.26 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
Nippon India Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.67% | -1.67% |
6 Month Returns | 19.6% | 19.6% |
1 Year Returns | 44.63% | 44.63% |
3 Years Returns | 106.11% | 27.26% |
5 Years Returns | 232.81% | 27.19% |
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.
0.73% as on September 2024
₹39622 Cr as on September 2024
HDFC Bank Ltd(6.12%), ICICI Bank Ltd(3.6%), Linde India Ltd(3.26%), Infosys Ltd(2.98%), Axis Bank Ltd(2.83%) as on September 2024
Financial Services(27.1%), Industrial(18.88%), Consumer Cyclical(18.27%) as on September 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 | 9.6 | 8.22 | 1.24 |
As on September 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 | 0.74 | 0.87 | 1.03 |
As on September 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 | 3.29 | 1.62 | 1.01 |
As on September 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 | 9.91 | 12.96 | 21.93 |
As on September 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 3.66 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.57 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ashutosh Bhargava, Kinjal Desai, 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%