Nippon India Multi Cap Fund - Direct Plan - Growth
Equity
Direct
Multi-Cap
NAV: ₹ 278.24 as on 23-04-2024
Fund Performance
26991 people have invested ₹ 15.4Cr in Nippon India Multi Cap Fund - Direct Plan - Growth in the last three months
Mutual Fund Insights
In the last 3 years, this fund has outperformed all funds in its category.
Over the last 1 year, this fund has decreased expense ratio by 29.5% moving from 1.12 to 0.79.
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 30.64% return, outperforming this fund by 8.58% per annum.
In the last 1 year, HSBC Multi Cap Fund Direct Growth has given 63.14% return, outperforming this fund by 6.99%.
This fund with AUM at ₹27745.58Cr is among the largest funds in the multi-cap category.
Over the last 6 months, this fund has experienced a 32.6% growth in AUM moving from 20.93K Cr to 27.74K Cr.
This fund has one of the lowest expense ratio in the category (multi-cap). Its expense ratio is 0.79% which is lower than the category average expense ratio of 1.25%.
INDmoney Rank of Nippon India Multi Cap Fund - Direct Plan - Growth
Powered by IND quant engine
2
/5
55% Performance
46% Risk Management
71% Cost
2 out of 5 among multi-cap
Pros
Larger AUM within category
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Cons
Poor track record of protecting capital in bear phase
About the Nippon India Multi Cap Fund - Direct Plan - Growth
Nippon India Multi Cap Fund - Direct Plan - Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sailesh Raj Bhan, Ashutosh Bhargava, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Multi Cap Fund - Direct Plan - Growth has ₹27746 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Nippon India Multi Cap Fund - Direct Plan - Growth Overview
 | 0.79% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹27746 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 38.48% |
Nippon India Multi Cap Fund - Direct Plan - Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
43%
Small cap
29.5%
Mid cap
26%
Sector Allocation
Financial Services
28.9%
Consumer Cyclical
21.1%
Industrial
18.5%
Health
7.7%
Utilities
5.1%
Basic Materials
4.7%
Consumer Defensive
4.1%
Tech
3.9%
Energy
3.2%
Communication
2.7%
Top Holdings of Nippon India Multi Cap Fund - Direct Plan - Growth as on (31-Mar-24)
Equity Holdings102
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.48% | 0% | |
 EIH Ltd | 4.29% | -0.7% | |
 ICICI Bank Ltd | 3.82% | 0% | |
 Linde India Ltd | 3.78% | 0% | |
 Reliance Industries Ltd | 3.11% | 7.4% |
See all
Nippon India Multi Cap Fund - Direct Plan - Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.92% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 2.38% in Mar'24
AUM Change
- AUM of the fund stands at 27.7K Cr as of Mar'24
- AUM increased by 936.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Nippon India Multi Cap Fund - Direct Plan - Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 EIH Ltd | 23.2% |
 Linde India Ltd | 12.2% |
 Bajaj Finance Ltd | 12% |
Top Losers | 1M Return |
|---|---|
 Axis Bank Ltd | -0.6% |
 GE T&D India Ltd | -0.3% |
 Aditya Birla Sun Life AMC Ltd | 5.1% |
Peer Analysis
Nippon India Multi Cap Fund - Direct Plan - Growth Fund Manager
Sailesh Raj Bhan
Fund Manager of Nippon India Multi Cap Fund - Direct Plan - Growth, since 31 March 2005
Top funds managed
Ashutosh Bhargava
Fund Manager of Nippon India Multi Cap Fund - Direct Plan - Growth, since 1 September 2021
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Multi Cap Fund - Direct Plan - Growth, since 25 May 2018
Top funds managed
Nippon India Multi Cap Fund - Direct Plan - 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 17.56% since inception which is more than its category average return of 14.73%
Fund Allocations
This fund has an allocation of 98.49% in Equity, 0% in Debt and 1.51% in Cash related instruments
AUM size ₹27746 Cr
This fund has AUM of ₹27746 Cr which is more than its category average of ₹ 3094 Cr
Expense Ratio 0.79%
This fund has an expense ratio of 0.79% which is less than its category average expense ratio of 1.29%
Frequently Asked Questions
The current NAV of Nippon India Multi Cap Fund - Direct Plan - Growth is ₹278.24 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Nippon India Multi Cap Fund - Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.15% | 6.15% |
6 Month Returns | 25.9% | 25.9% |
1 Year Returns | 56.15% | 56.15% |
3 Years Returns | 138.08% | 33.53% |
5 Years Returns | 170.99% | 22.07% |
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 March 2024
₹27746 Cr as on March 2024
HDFC Bank Ltd(5.48%), EIH Ltd(4.29%), ICICI Bank Ltd(3.82%), Linde India Ltd(3.78%), Reliance Industries Ltd(3.11%) as on March 2024
Financial Services(28.49%), Consumer Cyclical(20.82%), Industrial(18.23%) as on March 2024
The alpha ratio for the Nippon India Multi Cap Fund - Direct Plan - Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Multi Cap Fund - Direct Plan - Growth | 10.28 | 8.23 | 0.78 |
As on March 2024
The alpha for Nippon India Multi Cap Fund - Direct Plan - 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 Plan - Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Multi Cap Fund - Direct Plan - Growth | 0.76 | 0.89 | 1.05 |
As on March 2024
The Beta for Nippon India Multi Cap Fund - Direct Plan - 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 Plan - 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 Plan - Growth | 3.73 | 1.72 | 0.73 |
As on March 2024
The sharpe ratio for Nippon India Multi Cap Fund - Direct Plan - 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 Plan - 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 Plan - Growth | 9.59 | 13.08 | 22.59 |
As on March 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 3.94 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.63 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sailesh Raj Bhan, Ashutosh Bhargava, Kinjal Desai are the fund managers of Nippon India Multi Cap Fund - Direct Plan - Growth
The Exit load of Nippon India Multi Cap Fund - Direct Plan - Growth is 1%