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: 2/5 — ranked #27 of 52 in category.
Fund basics
| Category | Equity: Flexi Cap |
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| NAV | ₹17.03 (as of 2026-08-21) |
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| AUM | ₹9,590 Cr |
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| Expense ratio | 1.50% |
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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 | 11.07% |
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| Sharpe ratio | 0.38 |
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| Standard deviation | 15.47% |
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| Max drawdown | -20.24% |
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| Alpha | -0.7 |
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| Beta | 0.99 |
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Over 5 years, captured 93.2% of Nifty 500's upside and 93.6% of its downside.
Market cap allocation
| Large cap | 64.6% |
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| Mid cap | 21.4% |
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| Small cap | 13.9% |
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Concentration
| Top 5 holdings | 23.0% |
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| Top 10 holdings | 33.8% |
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| Total holdings | 88 |
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| Index overlap | 45.1% |
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| Active share | 54.9% |
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Top holdings
- ICICI Bank Ltd. — 7.3%
- HDFC Bank Ltd. — 5.8%
- AXIS Bank Ltd. — 3.7%
- Reliance Industries Ltd — 3.5%
- Larsen & Toubro Limited — 2.6%
- Mahindra & Mahindra Ltd. — 2.6%
- Bajaj Finance Limited — 2.2%
- Bharti Airtel Ltd. — 2.0%
- State Bank Of India — 2.0%
- Samvardhana Motherson International Limited — 2.0%
Top sectors
- Banking & Financial — 23.5%
- Retail — 8.8%
- Automobile — 7.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 0.7% | Q3 | #27 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 |