3 Year return

0
Launched on July 2021 (3 years)

Investment Details

₹100

Minimum SIP Amount

₹500

Minimum one time investment

Fund has no lock-in period

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹7052.43 Cr.

Expense Ratio

0.45% (inclusive of GST)

Exit Load

10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. 1% if redeemed or switchd out on or efore completion of 12 months from the date of allotment of units. NIl if redeemed or switched out after the completion of 12 Months from the date of allotment of units.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

MG

Manish Gunwani

Fund Manager since Apr 2022

View Details

Fund House Details

Nippon India Mutual Fund

Nippon India Mutual Fund Asset management company

AUM ₹433,896.92 Cr.
No. of Schemes 293
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

About Nippon India Flexi Cap Fund Direct Plan Growth Plan Growth

Nippon India Flexi Cap Fund Direct Plan Growth Plan Growth is an equity mutual fund scheme offered by Nippon India Mutual Fund. This open-ended fund falls under the category of flexi cap mutual funds, meaning that it invests in the stocks of companies of varying market capitalisations, i.e. small-cap, mid-cap and large-cap entities. Since it is a direct plan, the mutual fund scheme allows you to invest directly with the fund house, with no intermediary involved. This results in lower investment costs and maximises your returns.

Investment Objective of the Scheme

Nippon India Flexi Cap Fund Direct Plan Growth Plan Growth aims to offer the benefit of long-term growth and capital appreciation by investing in the equity market. Furthermore, it focuses on delivering consistent returns with its investments in debt and money market instruments. By reasonably diversifying across different market capitalisations and different asset classes, it aims to maximise returns and simultaneously minimise risks.

Key Features of The Fund

5-year return NA
Expense Ratio 0.45%
Fund Manager Manish Gunwani
Fund Size ₹7052.43 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This scheme may be a good choice for your investment portfolio if you are looking for a single product that offers different levels of diversification. However, keep in mind that the Nippon India Flexi Cap Fund Direct Plan Growth Plan Growth also includes small-cap stocks, which are more volatile than mid-cap and large-cap stocks. So, ensure that your risk profile aligns with the higher level of risk associated with small-cap investments.

AMC Contact Details

Name Nippon India Mutual Fund
Launch Date June 1995
Addresss Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013
Contact 1860 266 0111
Email customercare@nipponindiaim.in
Website https://mf.nipponindiaim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Invest With Confidence, Choose the Right SIP

Assess your risk tolerance through a straightforward questionnaire and craft a SIP plan that aligns perfectly with your financial aspirations. With a clear understanding of your risk appetite, you can make informed investment choices tailored to your unique circumstances. By striking the right balance, you'll pave the way for long-term financial stability and success. Use our SIP return calculator for aid.

FAQs

What is today's NAV of Nippon India Flexi Cap Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Flexi Cap Fund Jun 21 2024 is 17.0593

What is the AUM of Nippon India Flexi Cap Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Flexi Cap Fund is 7052.43 crore.

What is the expense ratio of Nippon India Flexi Cap Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Nippon India Flexi Cap Fund is 0.45%

What are the returns of Nippon India Flexi Cap Fund since inception?

The Nippon India Flexi Cap Fund was launched on Jul 26 2021. The fund has delivered a CAGR of 20.55 since inception.

What is the minimum SIP amount to invest in Nippon India Flexi Cap Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Flexi Cap Fund is 100.

How do I invest in Nippon India Flexi Cap Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Nippon India Flexi Cap Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Nippon India Flexi Cap Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Nippon India Flexi Cap Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.