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
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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 IDCW Reinvestment

Nippon India Flexi Cap Fund Direct Plan IDCW Reinvestment scheme is a mutual fund investment plan offered by Nippon India Mutual Fund. This fund invests in a diversified portfolio of large, mid, and small-cap companies. This direct fund offers a regular interest distribution cum withdrawal (IDCW) option. Nippon India Flexi Cap Fund Direct Plan IDCW Reinvestment invests using a flexible investment approach, which means that the fund manager can invest in a variety of asset classes, including equity, debt, and money market instruments. This allows the fund to adjust its asset allocation based on market conditions and take advantage of opportunities as they arise.

Investment Objectives of the Scheme

The fund aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related securities across market capitalisation. A small portion is also allocated to debt and money market instruments.

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?

The Nippon India Flexi Cap Fund Direct Plan IDCW Reinvestment is suitable for investors who: Have a long-term investment horizon (5 years or more). Are comfortable with moderate levels of risk. Are looking for potential for above-average returns. Are willing to do their own research and understand the risks involved in investing in flexi-cap funds. However, you should do your research to understand the risk level and suitability for your overall investment goals before investing.

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.

Take the Guessing out of Investing

Compounding in SIP can make it difficult to estimate the expected returns in a mutual fund. The process of guessing can be replaced with estimating as Angel One's free SIP calculator gives you the approximate amount to be expected. The SIP calculator online takes into consideration the principle of compounding and gives your return amount depending on variables such as years, SIP amount as well as the expected rate of return.

FAQs

What is today's NAV of Nippon India Flexi Cap Fund Direct Plan IDCW Reinvestment?

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 Direct Plan IDCW Reinvestment Jun 20 2024 is 17.1091

What is the AUM of Nippon India Flexi Cap Fund Direct Plan IDCW Reinvestment?

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 Direct Plan IDCW Reinvestment is 7052.43 crore.

What is the expense ratio of Nippon India Flexi Cap Fund Direct Plan IDCW Reinvestment?

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 Direct Plan IDCW Reinvestment is 0.45%

What are the returns of Nippon India Flexi Cap Fund Direct Plan IDCW Reinvestment since inception?

The Nippon India Flexi Cap Fund Direct Plan IDCW Reinvestment was launched on Jul 26 2021. The fund has delivered a CAGR of 20.67 since inception.

What is the minimum SIP amount to invest in Nippon India Flexi Cap Fund Direct Plan IDCW Reinvestment?

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 Direct Plan IDCW Reinvestment is 100.

How do I invest in Nippon India Flexi Cap Fund Direct Plan IDCW Reinvestment?

  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 Direct Plan IDCW Reinvestment?

  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 Direct Plan IDCW Reinvestment?

  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 Direct Plan IDCW Reinvestment?

  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.