Fund Overview
Fund Size
₹8,206 Cr
Expense Ratio
0.44%
ISIN
INF204KC1121
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
13 Aug 2021
About this fund
Nippon India Flexi Cap Fund Direct Growth is a Flexi Cap mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 3 years and 25 days, having been launched on 13-Aug-21.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹18.20, Assets Under Management (AUM) of 8205.55 Crores, and an expense ratio of 0.44%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹18.20, Assets Under Management (AUM) of 8205.55 Crores, and an expense ratio of 0.44%.
- Nippon India Flexi Cap Fund Direct Growth has given a CAGR return of 21.59% since inception.
- The fund's asset allocation comprises around 96.92% in equities, 0.00% in debts, and 3.08% in cash & cash equivalents.
- You can start investing in Nippon India Flexi Cap Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+38.54%
+40.20% (Cat Avg.)
3 Years
+20.28%
+18.63% (Cat Avg.)
Since Inception
+21.59%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹7,952.71 Cr | 96.92% |
| Others | ₹252.84 Cr | 3.08% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹471.19 Cr | 5.74% |
| ICICI Bank Ltd | Equity | ₹334.5 Cr | 4.08% |
| Larsen & Toubro Ltd | Equity | ₹317.05 Cr | 3.86% |
| Infosys Ltd | Equity | ₹293.32 Cr | 3.57% |
| Reliance Industries Ltd | Equity | ₹256.52 Cr | 3.13% |
| Triparty Repo | Cash - Repurchase Agreement | ₹255.41 Cr | 3.11% |
| Axis Bank Ltd | Equity | ₹225.64 Cr | 2.75% |
| Varun Beverages Ltd | Equity | ₹192.99 Cr | 2.35% |
| NTPC Ltd | Equity | ₹178.88 Cr | 2.18% |
| Electronics Mart India Ltd | Equity | ₹172.4 Cr | 2.10% |
| Samvardhana Motherson International Ltd | Equity | ₹165.03 Cr | 2.01% |
| Power Finance Corp Ltd | Equity | ₹160.08 Cr | 1.95% |
| UltraTech Cement Ltd | Equity | ₹155.72 Cr | 1.90% |
| Mahindra & Mahindra Ltd | Equity | ₹152.66 Cr | 1.86% |
| SBI Life Insurance Company Limited | Equity | ₹146.43 Cr | 1.78% |
| Trent Ltd | Equity | ₹137.22 Cr | 1.67% |
| Coal India Ltd | Equity | ₹135.77 Cr | 1.65% |
| State Bank of India | Equity | ₹132.6 Cr | 1.62% |
| Finolex Cables Ltd | Equity | ₹116.92 Cr | 1.42% |
| JSW Infrastructure Ltd | Equity | ₹110.77 Cr | 1.35% |
| Hindustan Unilever Ltd | Equity | ₹109.58 Cr | 1.34% |
| Devyani International Ltd | Equity | ₹109.24 Cr | 1.33% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹101.71 Cr | 1.24% |
| Maruti Suzuki India Ltd | Equity | ₹101.26 Cr | 1.23% |
| ITC Ltd | Equity | ₹96.27 Cr | 1.17% |
| Godrej Consumer Products Ltd | Equity | ₹94.53 Cr | 1.15% |
| Tech Mahindra Ltd | Equity | ₹94.04 Cr | 1.15% |
| Kirloskar Oil Engines Ltd | Equity | ₹91.75 Cr | 1.12% |
| Bharat Forge Ltd | Equity | ₹86.99 Cr | 1.06% |
| Aditya Birla Sun Life AMC Ltd | Equity | ₹86.85 Cr | 1.06% |
| Bharat Heavy Electricals Ltd | Equity | ₹85.12 Cr | 1.04% |
| Hindustan Petroleum Corp Ltd | Equity | ₹83.16 Cr | 1.01% |
| Bharti Airtel Ltd | Equity | ₹82.04 Cr | 1.00% |
| Lupin Ltd | Equity | ₹81.25 Cr | 0.99% |
| Gland Pharma Ltd | Equity | ₹80.48 Cr | 0.98% |
| Zensar Technologies Ltd | Equity | ₹78.52 Cr | 0.96% |
| Honeywell Automation India Ltd | Equity | ₹77.23 Cr | 0.94% |
| Tata Motors Ltd | Equity | ₹76.34 Cr | 0.93% |
| Rategain Travel Technologies Ltd | Equity | ₹74.62 Cr | 0.91% |
| Kotak Mahindra Bank Ltd | Equity | ₹72.32 Cr | 0.88% |
| Radico Khaitan Ltd | Equity | ₹70.49 Cr | 0.86% |
| Bharti Hexacom Ltd | Equity | ₹69.04 Cr | 0.84% |
| Indian Hotels Co Ltd | Equity | ₹68.31 Cr | 0.83% |
| Jindal Steel & Power Ltd | Equity | ₹67.87 Cr | 0.83% |
| KFin Technologies Ltd | Equity | ₹67.41 Cr | 0.82% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹65.09 Cr | 0.79% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹64.17 Cr | 0.78% |
| Mankind Pharma Ltd | Equity | ₹64.05 Cr | 0.78% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹62.08 Cr | 0.76% |
| Apollo Tyres Ltd | Equity | ₹60.99 Cr | 0.74% |
| Hindalco Industries Ltd | Equity | ₹60.26 Cr | 0.73% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹60.15 Cr | 0.73% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹54.51 Cr | 0.66% |
| Syngene International Ltd | Equity | ₹52.42 Cr | 0.64% |
| R R Kabel Ltd | Equity | ₹52.03 Cr | 0.63% |
| CESC Ltd | Equity | ₹51.76 Cr | 0.63% |
| Delhivery Ltd | Equity | ₹51.05 Cr | 0.62% |
| Harsha Engineers International Ltd | Equity | ₹49.88 Cr | 0.61% |
| Hero MotoCorp Ltd | Equity | ₹49.4 Cr | 0.60% |
| Shriram Finance Ltd | Equity | ₹48.79 Cr | 0.59% |
| Greenpanel Industries Ltd Ordinary Shares | Equity | ₹47.75 Cr | 0.58% |
| Container Corporation of India Ltd | Equity | ₹46.82 Cr | 0.57% |
| Stanley Lifestyles Ltd | Equity | ₹46.11 Cr | 0.56% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹45.98 Cr | 0.56% |
| Somany Ceramics Ltd | Equity | ₹45.82 Cr | 0.56% |
| India Shelter Finance Corporation Ltd | Equity | ₹45.47 Cr | 0.55% |
| InterGlobe Aviation Ltd | Equity | ₹43.34 Cr | 0.53% |
| NLC India Ltd | Equity | ₹43.31 Cr | 0.53% |
| Welspun Living Ltd | Equity | ₹43.25 Cr | 0.53% |
| Bajaj Finance Ltd | Equity | ₹43.07 Cr | 0.52% |
| Angel One Ltd Ordinary Shares | Equity | ₹42.88 Cr | 0.52% |
| Timken India Ltd | Equity | ₹42.58 Cr | 0.52% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹42.02 Cr | 0.51% |
| Mphasis Ltd | Equity | ₹41.94 Cr | 0.51% |
| IndusInd Bank Ltd | Equity | ₹41.55 Cr | 0.51% |
| Siemens Ltd | Equity | ₹39.68 Cr | 0.48% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹37.67 Cr | 0.46% |
| Kaynes Technology India Ltd | Equity | ₹37.48 Cr | 0.46% |
| Sapphire Foods India Ltd | Equity | ₹33.54 Cr | 0.41% |
| Cyient Ltd | Equity | ₹32.26 Cr | 0.39% |
| PVR INOX Ltd | Equity | ₹31.66 Cr | 0.39% |
| Coforge Ltd | Equity | ₹31.38 Cr | 0.38% |
| Medplus Health Services Ltd | Equity | ₹30.6 Cr | 0.37% |
| Atul Ltd | Equity | ₹27.89 Cr | 0.34% |
| KNR Constructions Ltd | Equity | ₹27.66 Cr | 0.34% |
| One97 Communications Ltd | Equity | ₹27.55 Cr | 0.34% |
| Nuvoco Vista Corp Ltd | Equity | ₹22.71 Cr | 0.28% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹17.85 Cr | 0.22% |
| Supreme Industries Ltd | Equity | ₹17.13 Cr | 0.21% |
| Awfis Space Solutions Ltd | Equity | ₹16.23 Cr | 0.20% |
| Grasim Industries Limited- Partly Paid Up | Equity | ₹15.59 Cr | 0.19% |
| Rishabh Instruments Ltd | Equity | ₹11.23 Cr | 0.14% |
| Ideaforge Technology Ltd | Equity | ₹9.17 Cr | 0.11% |
| Happy Forgings Ltd | Equity | ₹7.62 Cr | 0.09% |
| RHI Magnesita India Ltd | Equity | ₹7.2 Cr | 0.09% |
| Net Current Assets | Cash | ₹-4 Cr | 0.05% |
| Cash Margin - Ccil | Cash - Collateral | ₹1.43 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
55.11%
Mid Cap Stocks
18.22%
Small Cap Stocks
21.80%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹2,095 Cr | 25.53% |
| Consumer Cyclical | ₹1,408.87 Cr | 17.17% |
| Industrials | ₹1,377.69 Cr | 16.79% |
| Technology | ₹729.18 Cr | 8.89% |
| Consumer Defensive | ₹563.86 Cr | 6.87% |
| Energy | ₹475.45 Cr | 5.79% |
| Healthcare | ₹448.19 Cr | 5.46% |
| Basic Materials | ₹382.2 Cr | 4.66% |
| Utilities | ₹273.95 Cr | 3.34% |
| Communication Services | ₹182.74 Cr | 2.23% |
Risk & Performance Ratios
Standard Deviation
This fund
12.77%
Cat. avg.
12.92%
Lower the better
Sharpe Ratio
This fund
1.10
Cat. avg.
0.97
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.85
Higher the better
Fund Managers
MD
Meenakshi Dawar
Since January 2023
DS
Dhrumil Shah
Since August 2021
KD
Kinjal Desai
Since August 2021
Nikhil Rungta
Since August 2021
Additional Scheme Detailsas of 31st July 2024
ISIN | INF204KC1121 | Expense Ratio | 0.44% | Exit Load | 1.00% | Fund Size | ₹8,206 Cr | Age | 13 Aug 2021 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Flexi Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Flexicap Fund Regular Growth Very High Risk | 1.4% | 1.0% | ₹53783.10 Cr | 32.9% |
| Baroda BNP Paribas Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1369.11 Cr | 41.9% |
| Baroda BNP Paribas Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1369.11 Cr | 40.2% |
| JM Flexicap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹3855.23 Cr | 57.5% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1184.49 Cr | 48.8% |
| ITI Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1184.49 Cr | 46.2% |
| Parag Parikh Flexi Cap Fund Regular Growth Very High Risk | 1.3% | 2.0% | ₹75956.22 Cr | 37.1% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹75956.22 Cr | 38.1% |
| Motilal Oswal Flexicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹11728.02 Cr | 53.6% |
| Motilal Oswal Flexicap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹11728.02 Cr | 52.3% |
About the AMC
Total AUM
₹5,54,956 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Nippon India Flexi Cap Fund Direct Growth?
The NAV of Nippon India Flexi Cap Fund Direct Growth, as of 05-Sep-2024, is ₹18.20.
What are the returns of Nippon India Flexi Cap Fund Direct Growth?
The fund has generated 38.54% over the last 1 year and 20.28% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Nippon India Flexi Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 96.92% in equities, 0.00% in bonds, and 3.08% in cash and cash equivalents.
Who manages the Nippon India Flexi Cap Fund Direct Growth?
The fund managers responsible for Nippon India Flexi Cap Fund Direct Growth are:-
- Meenakshi Dawar
- Dhrumil Shah
- Kinjal Desai
- Nikhil Rungta
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.