Nippon India Multi Cap Fund
The scheme aims to invest in stocks across those sectors and industries where Indias strong inherent potential is increasingly becoming visible to the world, which are driving our economy and whose fundamental future growth is influenced by ongoing economic reforms, FDI inflows and infrastructural changes.
Growthvine rating: 3/5 — ranked #12 of 34 in category.
Fund basics
| Category | Equity: Multi Cap |
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| NAV | ₹286.18 (as of 2026-10-01) |
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| AUM | ₹56,298 Cr |
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| Expense ratio | 1.21% |
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| Riskometer | Very High |
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| Fund manager | Sailesh Raj Bhan |
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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 | 14.55% |
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| Sharpe ratio | 0.53 |
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| Standard deviation | 15.28% |
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| Max drawdown | −64.59% |
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| Alpha | 2.62 |
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| Beta | 0.89 |
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Over 5 years, captured 98.1% of NIFTY500 Multicap 50:25:25's upside and 75.6% of its downside.
Market cap allocation
| Large cap | 44.4% |
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| Mid cap | 29.3% |
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| Small cap | 26.3% |
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Concentration
| Top 5 holdings | 20.1% |
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| Top 10 holdings | 28.8% |
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| Total holdings | 120 |
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| Index overlap | 34.8% |
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| Active share | 65.2% |
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Top holdings
- HDFC Bank Ltd. — 6.6%
- AXIS Bank Ltd. — 5.1%
- Infosys Ltd — 3.4%
- ICICI Bank Ltd. — 3.1%
- Larsen & Toubro Limited — 1.8%
- Samvardhana Motherson International Limited — 1.8%
- SWIGGY LIMITED — 1.8%
- Linde India Limited — 1.7%
- NTPC Limited — 1.7%
- GE Vernova T&D India Limited — 1.7%
Top sectors
- Banking & Financial — 20.1%
- Retail — 9.9%
- Pharma & Biotech — 7.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −4.8% | Q4 (Bottom) | #29 of 34 |
| 2025 | 4.1% | Q2 | #11 of 31 |
| 2024 | 25.8% | Q2 | #11 of 24 |
| 2023 | 38.1% | Q1 (Top) | #4 of 17 |
| 2022 | 14.1% | Q1 (Top) | #1 of 13 |