September 23, 2022
mayank
Nippon India Flexi Cap Fund
NAV Growth: Rs 11.1863
NAV IDCW: Rs 11.1863
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeke to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities.
Fund Manager:
1) Dhrumil Shah
Education: Mr. Shah is B.com and C.A
Experience: Prior to joining Nippon India Mutual Fund, he has worked with Birla Sun Life Insurance as AVP Investments, Equity Fund Management and Research and ASK investment Managers as Portfolio Manager, Equity Fund Management and Research.
2) Manish Gunwani
Education: Mr. Gunwani is a B.Tech. and PGDM.
Experience: Prior to joining Nippon India Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
3) Nikhil Rungt
Education: Mr. Rungta has done CA, MBA (Finance), FRM
Experience: Prior to joining Nippon India Mutual Fund, he has worked with Bajaj Allianz Life Insurance Company, Anand Rathi Shares & Stock Brokers Ltd., Standard Chartered Securities (India) Ltd., Religare Capital Markets Ltd. and Moody’s Investor Service -ICRA Ltd.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 16-Aug-21 |
| Return Since Launch | 10.71% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 4,248 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.61% |
| (As on 31-Aug-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 66.00% |
Nippon India Flexi Cap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Flexi Cap Dir | 2.75 | -0.16 | 3.96 | 17.64 | 5.84 | 5.45 | — | — | — | — |
| S&P BSE 500 TRI | 3.87 | -0.14 | 2.22 | 18.14 | 5.45 | 3.95 | — | — | — | — |
| Equity: Flexi Cap | 1.55 | -0.22 | 2.79 | 17.68 | 4.98 | 3.09 | — | — | — | — |
| Rank within category | 23 | 27 | 7 | 32 | 21 | 18 | — | — | — | — |
| Number of funds in category | 64 | 72 | 71 | 68 | 68 | 63 | 49 | 35 | 34 | 1 |
Nippon India Flexi Cap Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| Nippon Ind Flexi Cap Dir | Unrated | 5.45 | — | — | 0.61 | 4,248 | 10.71 | 1.00 (365) | 1yrs 1mo | 66.00 |
| SBI Focused Eqt Dir | 4 star | -0.26 | 20.00 | 15.46 | 0.71 | 27,450 | 15.85 | 1.00 (365) | 9yrs 8mo | 29.00 |
| UTI Flexi Cap Dir | 4 star | -7.65 | 21.00 | 15.31 | 0.93 | 26,503 | 15.46 | 1.00 (365) | 9yrs 8mo | 8.00 |
| Parag Parikh Flexi Cap Dir | 5 star | -2.04 | 25.10 | 18.31 | 0.77 | 25,996 | 19.24 | 2.00 (365) | 9yrs 4mo | 16.56 |
| Mirae Asset Focused Dir | 5 star | -2.73 | 21.43 | — | 0.51 | 8,993 | 22.30 | 1.00 (365) | 3yrs 4mo | 31.00 |
Portfolio Analysis
| No. of Stocks | 71 |
| Top 10 Stocks | 34.40% |
| Top 5 Stocks | 23.91% |
| Top 3 Sectors | 53.78% |
| Portfolio P/B Ratio | 3.31 |
| Portfolio P/E Ratio | 23.22 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 83,328 | 152,321 |
| Giant (%) | 39.75 | 52.20 |
| Large (%) | 15.24 | 19.43 |
| Mid (%) | 31.56 | 22.26 |
| Small (%) | 13.45 | 6.56 |
| Tiny (%) | — | 0.09 |
Chanakya’s Mutual Fund Guidance For Nippon India Flexi Cap Fund
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.ni-mf.in/Lswy8c
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