Nippon India Flexi Cap Fund
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.
Growthvine rating: 3/5 — ranked #27 of 56 in category.
Fund basics
| Category | Equity: Flexi Cap |
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| NAV | ₹15.31 (as of 2026-10-23) |
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| AUM | ₹9,214 Cr |
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| Expense ratio | 1.51% |
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| Riskometer | Very High |
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| Fund manager | Dhrumil Shah |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 8.37% |
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| Sharpe ratio | 0.2 |
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| Standard deviation | 15.96% |
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| Max drawdown | −20.24% |
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| Alpha | -1.12 |
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| Beta | 1 |
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Over 5 years, captured 94.6% of Nifty 500's upside and 94.3% of its downside.
Market cap allocation
| Large cap | 63.5% |
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| Mid cap | 21.6% |
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| Small cap | 14.8% |
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Concentration
| Top 5 holdings | 22.9% |
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| Top 10 holdings | 33.7% |
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| Total holdings | 85 |
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| Index overlap | 44.5% |
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| Active share | 55.5% |
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Top holdings
- ICICI Bank Ltd. — 7.1%
- HDFC Bank Ltd. — 5.8%
- AXIS Bank Ltd. — 3.9%
- Reliance Industries Ltd — 3.4%
- Larsen & Toubro Limited — 2.6%
- Mahindra & Mahindra Ltd. — 2.4%
- Samvardhana Motherson International Limited — 2.3%
- Eternal Limited — 2.2%
- State Bank Of India — 2.0%
- Kirloskar Oil Engines Limited — 2.0%
Top sectors
- Banking & Financial — 24.1%
- Retail — 8.7%
- Automobile — 7.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −9.4% | Q3 | #38 of 50 |
| 2025 | 2.6% | Q3 | #28 of 43 |
| 2024 | 15.4% | Q3 | #30 of 42 |
| 2023 | 33.1% | Q1 (Top) | #6 of 36 |
| 2022 | −0.9% | Q2 | #15 of 30 |