NJ Flexi Cap Fund Direct Growth

Equity
Direct
Flexi Cap
NJ Flexi Cap Fund Direct Growth

About the Fund

NJ Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 6 September, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. NJ Flexi Cap Fund Direct Growth has ₹1424 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

NJ Flexi Cap Fund Direct Growth has given a CAGR return of 52.74% since inception.

Holdings

NJ Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Industrial, Energy, Consumer Cyclical, Health, Utilities, Consumer Defensive, Basic Materials. Its top holdings are Central Depository Services (India) Ltd, Power Grid Corp Of India Ltd, REC Ltd, Oracle Financial Services Software Ltd, Coal India Ltd

Taxation

As it is a flexi 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 NJ Flexi Cap Fund Direct Growth

The investment objective of the Scheme is to generate long term capital appreciation by investing in equity and equity related instruments across market capitalizations. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. NJ Flexi Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
260 people have invested ₹ 10.5L in NJ Flexi Cap Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.35%
Benchmark
S&P BSE 500 India TR INR
AUM₹1424 Cr
Inception Date6 September, 2023
Min Lumpsum/SIP₹500/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 98.6%

  • Debt & Cash 1.4%

Large cap
42.9%
Mid cap
38.8%
Small cap
17%
Sector Allocation

Jun'24

May'24

Apr'24

Tech
28.6%
Financial Services
21.2%
Industrial
14.3%
Energy
10.1%
Consumer Cyclical
7.8%
Health
6.4%
Utilities
5.8%
Consumer Defensive
4.5%
Basic Materials
1.4%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
Central Depository Services (India) Ltd
Central Depository Services (India) Ltd
5.69%
5.7%
Power Grid Corp Of India Ltd
Power Grid Corp Of India Ltd
4.88%
5.7%
REC Ltd
REC Ltd
4.75%
5.6%
Oracle Financial Services Software Ltd
Oracle Financial Services Software Ltd
4.6%
5.7%
Coal India Ltd
Coal India Ltd
4.45%
5.6%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
NJ Flexi Cap Fund Direct Growth
NJ Flexi Cap Fund Direct Growth
-
-
-
52.7%
JM Flexicap Fund (Direct) Growth Option
JM Flexicap Fund (Direct) Growth Option
67.2%
33.4%
29%
20.5%
Bank of India Flexi Cap Fund Direct Growth
Bank of India Flexi Cap Fund Direct Growth
65%
27.2%
-
38.9%
Quant Flexi Cap Fund Growth Option Direct Plan
Quant Flexi Cap Fund Growth Option Direct Plan
60.4%
27.1%
36%
22.3%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Persistent Systems Ltd
Persistent Systems Ltd
21.2%
Central Depository Services (India) Ltd
Central Depository Services (India) Ltd
14.3%
Oracle Financial Services Software Ltd
Oracle Financial Services Software Ltd
12.4%

NJ Flexi 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 returns of 52.74% since inception (06nd Sep 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 98.59% in Equity, 0% in Debt and 1.41% in Cash related instruments
AUM size ₹1424 Cr

AUM size ₹1424 Cr

This fund has AUM of ₹1424 Cr which is less than its category average of ₹ 8258 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions

The current NAV of NJ Flexi Cap Fund Direct Growth is ₹15.35 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
NJ Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.95%
7.95%
6 Month Returns
22.8%
22.8%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.35% as on June 2024
₹1424 Cr as on June 2024
Central Depository Services (India) Ltd(5.69%), Power Grid Corp Of India Ltd(4.88%), REC Ltd(4.75%), Oracle Financial Services Software Ltd(4.6%), Coal India Ltd(4.45%) as on June 2024
Tech(28.16%), Financial Services(20.92%), Industrial(14.11%) as on June 2024
The alpha ratio for the NJ Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
NJ Flexi Cap Fund Direct Growth
-
-
-
As on June 2024
The alpha for NJ Flexi 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 NJ Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
NJ Flexi Cap Fund Direct Growth
-
-
-
As on June 2024
The Beta for NJ Flexi 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 NJ Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
NJ Flexi Cap Fund Direct Growth
-
-
-
As on June 2024
The sharpe ratio for NJ Flexi 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 NJ Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
NJ Flexi Cap Fund Direct Growth
-
-
-
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.
The Exit load of NJ Flexi Cap Fund Direct Growth is 1%