Nippon India Multi Cap Fund

Nippon India Multi Cap Fund

Equity

Nippon Mutual Fund

Multi-Cap

Get the latest NAV of Nippon India Multi Cap Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹306.50

▲2%1D

NAV as on 25 Mar 2026

15.67%/per year

Since Inception

Absolute Gain%

▲▼

102456 people have invested ₹ 49Cr in Nippon India Multi Cap Fund in the last three months

Nippon India Multi Cap Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (25-Mar-26)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-7.06%
-7.51%
-7.4%
3.25%
21.25%
21.38%
Nifty 500
-8.77%
-10.05%
-5.82%
0.54%
14.42%
11.98%
Multi-Cap Avg
-7.73%
-9.36%
-7.57%
1.39%
17.94%
15.75%
Best in Multi-Cap
-4.13%
-6.67%
-1.87%
12.32%
24.11%
21.38%
Worst in Multi-Cap
-8.7%
-15.22%
-16.17%
-9.89%
12.74%
14.42%
Category Rank
2/12
3/12
1/11
4/10
4/5
--

Nippon India Multi Cap Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

4
/14
82% Performance
62% Risk Management
45% Cost

Ranked 4 out of 14 mutual funds in the multi-cap category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Nippon India Multi Cap Fund
4/14
50,820Cr
0.71%
3.25%
21.25%
4.06
0.89
1.18
2.03
0.72
Kotak Multicap Fund
1/14
23,886Cr
0.45%
7.85%
24.11%
4.81
1.05
1.22
1.96
1.74
HSBC Multi Cap Fund
2/14
5,301Cr
0.61%
4.74%
22.56%
4.29
1.02
1.17
1.95
1.15
Axis Multicap Fund
3/14
9,361Cr
0.69%
3.17%
23.1%
4.59
0.93
1.22
2.02
1.12
See all
Positive: Consistently beats benchmark
Consistently beats benchmark
Positive: Lower probablity of downside risk
Lower probablity of downside risk
Positive: Larger AUM within category
Larger AUM within category
Negative: No bad points found for this fund.
No bad points found for this fund.

Nippon India Multi Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Nippon India Multi Cap Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Large cap
44.6%
Mid cap
28%
Small cap
26.8%
Mid Cap allocation has gone up from 26.5% to 28%
Mid Cap allocation has gone up from 26.5% to 28%
Large Cap allocation has gone down from 45.9% to 44.6%
Large Cap allocation has gone down from 45.9% to 44.6%
Small Cap allocation has gone down from 27.1% to 26.8%
Small Cap allocation has gone down from 27.1% to 26.8%
Cash allocation has gone up from 0.6% to 0.6%
Cash allocation has gone up from 0.6% to 0.6%

Nippon India Multi Cap Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Financial Services
26%
Consumer Cyclical
21.5%
Industrial
18.1%
Health
9.1%
Utilities
6.2%
Basic Materials
6%
Consumer Defensive
4.4%
Tech
4.3%
Energy
2.9%
Communication
1.4%
Real Estate
0.1%

Top 3 Sectors in February were Financial Services, Consumer Cyclical & Industrial

Feb'26

Financial Services

26%

Consumer Cyclical

21%

Industrial

18%

Jan'26

Financial Services

25%

Consumer Cyclical

23%

Industrial

17%

Nippon India Multi Cap Fund Holdings Details

as on (28-Feb-26)

Holdings
Weight%
1M Change
HDFC Bank Ltd
5.69%
3.2%
ICICI Bank Ltd
4.37%
11.8%
Axis Bank Ltd
3.85%
0%
GE Vernova T&D India Ltd
3.04%
-2%
Infosys Ltd
2.54%
11.2%
See all
Top Stocks bought last month
Dixon Technologies (India) Ltd's allocation increased from 0.54% to 0.93%
Dixon Technologies (India) Ltd's allocation increased from 0.54% to 0.93%
ICICI Bank Ltd's allocation increased from 4% to 4.37%
ICICI Bank Ltd's allocation increased from 4% to 4.37%
PB Fintech Ltd's allocation increased from 0.37% to 0.72%
PB Fintech Ltd's allocation increased from 0.37% to 0.72%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 6.01 % to 5.69 %
HDFC Bank Ltd's allocation decreased from 6.01 % to 5.69 %
Axis Bank Ltd's allocation decreased from 3.97 % to 3.85 %
Axis Bank Ltd's allocation decreased from 3.97 % to 3.85 %
Infosys Ltd's allocation decreased from 3.01 % to 2.54 %
Infosys Ltd's allocation decreased from 3.01 % to 2.54 %

Nippon India Multi Cap Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.71%
Benchmark
Nifty 500 Multicap 50:25:25 TR INR
AUM₹50820 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
19.54%
Risk
Risk meter
pointer
Very High Risk

About Nippon India Multi Cap Fund

Nippon India Multi Cap Fund, launched on March 28, 2005, is a multi-cap mutual fund that invests at least 25% of its assets in large-cap, mid-cap, and small-cap stocks. The remaining 25% is allocated to debt and money market instruments to ensure diversification and maintain liquidity. SEBI classifies stocks by their market capitalization, with large-cap stocks being the top 100, mid-cap stocks ranked 101st to 250th, and small-cap stocks falling beyond 250th.

 

In addition to investing across multiple market caps, the Nippon India Multi Cap Fund also diversifies its portfolio by investing in various themes and sectors, providing investors with broad exposure. The fund is managed by Sailesh Raj Bhan, who brings over two decades of experience in portfolio management. Currently, the fund maintains a strong focus on sectors such as Financials, Energy, Capital Goods, and Automobiles.

 

Investment Strategy

The fund manager believes in an opportunistic investment with risk optimization. This includes actively looking for alpha-generating stock rather than following short-term momentum. Their fund’s portfolio is further built on a GARP (Growth at a reasonable price) strategy. Where businesses with strong fundamentals and good valuations are picked.

 

Taxation On Nippon India Multi Cap Direct Growth Fund

Tax treatment on your mutual funds depends on how long you have held the fund. All equity mutual funds sold within 12 months are considered Short-term Capital Gain (STCG), and investments sold after 12 months are considered Long-term Capital Gain (LTCG). The taxes are as follows:

 

  • Long-term Capital Gain: Exemption of up to ₹1,25,000 and then 12.5%
  • Short-term Capital Gain: 20% 



Who Should Invest In Nippon India Multi Cap Direct Growth?

Since Nippon India Multi Cap Fund has a diversified portfolio in all three market capitalization, it is ideal for investors who:

-Have a long-term investment horizon

-Have a moderate to high risk appetite

-Want to participate in India’s growth story.

 

Allocation & Historical Returns

Fund Manager

Divya Sharma

Fund Manager of Nippon India Multi Cap Fund, since 5 September 2025

Sailesh Raj Bhan

Fund Manager of Nippon India Multi Cap Fund, since 31 March 2005

Lokesh Maru

Fund Manager of Nippon India Multi Cap Fund, since 5 September 2025

Kinjal Desai

Fund Manager of Nippon India Multi Cap Fund, since 25 May 2018

Learn more about Nippon Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 50.8K Cr
₹ 48.8K Cr
₹ 50.4K Cr
  • AUM of the fund stands at 50.8K Cr as of Feb'26
  • AUM increased by 2K Cr between Feb'26 and Jan'26

Compare Nippon India Multi Cap Fund

Nippon India Multi Cap Fund

VS

Kotak Multicap Fund

Frequently Asked Questions for Nippon India Multi Cap Fund

How do I invest in Nippon India Multi Cap Fund?

INDmoney makes it simple to invest in the Nippon India Multi Cap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Nippon India Multi Cap Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Nippon India Multi Cap Fund?

The NAV of the fund today is ₹306.50. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Nippon India Multi Cap Fund fund has generated a return of 3.25% in 1 year, 21.25% in 3 years, 21.38% in 5 years.

Who is the fund manager of Nippon India Multi Cap Fund?

The fund managers are Divya Sharma, Sailesh Raj Bhan, Lokesh Maru, Kinjal Desai.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-12 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.71%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹50820 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Nippon India Multi Cap Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(5.69%), ICICI Bank Ltd(4.37%), Axis Bank Ltd(3.85%)