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 #26 of 53 in category.
Fund basics
| Category | Equity: Flexi Cap |
|---|
| NAV | ₹15.82 (as of 2026-10-01) |
|---|
| AUM | ₹9,822 Cr |
|---|
| Expense ratio | 1.50% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Dhrumil Shah |
|---|
| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
|---|
Performance & risk
| 5-year annualised return | 8.37% |
|---|
| Sharpe ratio | 0.37 |
|---|
| Standard deviation | 15.46% |
|---|
| Max drawdown | −20.24% |
|---|
| Alpha | -1.12 |
|---|
| Beta | 1 |
|---|
Over 5 years, captured 94.6% of Nifty 500's upside and 94.3% of its downside.
Market cap allocation
| Large cap | 63.2% |
|---|
| Mid cap | 22.0% |
|---|
| Small cap | 14.8% |
|---|
Concentration
| Top 5 holdings | 22.7% |
|---|
| Top 10 holdings | 33.6% |
|---|
| Total holdings | 86 |
|---|
| Index overlap | 44.8% |
|---|
| Active share | 55.2% |
|---|
Top holdings
- ICICI Bank Ltd. — 7.3%
- HDFC Bank Ltd. — 5.5%
- AXIS Bank Ltd. — 3.9%
- Reliance Industries Ltd — 3.4%
- Larsen & Toubro Limited — 2.7%
- Mahindra & Mahindra Ltd. — 2.5%
- Samvardhana Motherson International Limited — 2.2%
- Eternal Limited — 2.1%
- State Bank Of India — 2.1%
- Bajaj Finance Limited — 2.0%
Top sectors
- Banking & Financial — 24.5%
- Retail — 8.7%
- Automobile — 7.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.4% | Q3 | #32 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 |