Nippon India Multi Cap Fund Direct Growth

Equity
Direct
Multi-Cap
Nippon India Multi Cap Fund Direct Growth

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 Sailesh Raj Bhan, Kinjal Desai, Ashutosh Bhargava. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. 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.
  2. The fund has an expense ratio 0.8.

Returns

Nippon India Multi Cap Fund Direct Growth has given a CAGR return of 18.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 51.05%, 32.55% and 25.57% 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 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 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
zero opening, trading, fund transfer fee
44532 people have invested ₹ 33Cr 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
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Lower probablity of downside risk
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Protects capital during bear phase
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Larger AUM within category
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No bad points found for this fund.

Fund Overview

Expense ratio0.79%
Benchmark
S&P BSE 500 India TR INR
AUM₹34943 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
38.48%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.1%

  • Debt & Cash 0.9%

Large cap
41.7%

Small cap
29.9%

Mid cap
27.2%

Sector Allocation

Jun'24

May'24

Apr'24

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

Returns for the month of Jun

  • Gainers

  • Losers

Sailesh Raj Bhan
Sailesh Raj Bhan
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 31 March 2005
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 25 May 2018
Ashutosh Bhargava
Ashutosh Bhargava
Fund Manager of Nippon India Multi Cap Fund Direct Growth, since 1 September 2021

Mutual Fund Insights

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In the last 3 years, this fund has outperformed all funds in its category.
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Over the last 6 months, this fund has experienced a 42.1% growth in AUM moving from 24.59K Cr to 34.94K Cr.
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In the last 1 year, HSBC Multi Cap Fund Direct Growth has given 62.82% return, outperforming this fund by 11.77%.
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In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 33.14% return, outperforming this fund by 7.56% per annum.
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Over the last 1 year, this fund has decreased expense ratio by 24.8% moving from 1.05 to 0.79.
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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%.
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This fund with AUM at ₹34943.27Cr is among the largest funds in the multi-cap category.

Nippon India Multi 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 18.53% since inception which is more than its category average return of 18.21%
Fund Allocations

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

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%

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 ₹311.77 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
Nippon India Multi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.78%
1.78%
6 Month Returns
27.24%
27.24%
1 Year Returns
51.05%
51.05%
3 Years Returns
132.89%
32.55%
5 Years Returns
212.23%
25.57%
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
Sailesh Raj Bhan, Kinjal Desai, Ashutosh Bhargava 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%