Nippon India Diversified Equity Flexicap Passive FoF Fund Direct Growth

Nippon India Diversified Equity Flexicap Passive FoF Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2021. The fund is managed by Ashutosh Bhargava. This fund gives you the benefit of diversification.

1. Nippon India Diversified Equity Flexicap Passive FoF Fund Direct Growth has ₹232 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Nippon India Diversified Equity Flexicap Passive FoF Fund Direct Growth has given a CAGR return of 18.67% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 4.49% and 21.13% respectively.

Nippon India Diversified Equity Flexicap Passive FoF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Energy, Consumer Defensive, Health, Communication, Utilities, Real Estate.

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the Scheme is to seek to long term capital growth by investing in units of Domestic ETFs/Index Funds. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Diversified Equity Flexicap Passive FoF Fund Direct Growth has no lock in period.