3 Year return

30.19%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹25722.95 Cr.

Expense Ratio

0.87% (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

4

Ratings by other agencies

0
4
2

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

SB

Sailesh Raj Bhan

Fund Manager since May 2018

Fund House Details

Nippon India Mutual Fund Asset management company

AUM ₹380,049.04 Cr.
No. of Schemes 287
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 Multi Cap Fund Direct Plan Growth Plan Growth

Nippon India Mutual Fund has introduced the Nippon India Multi Cap Fund Direct Growth, which is an Equity Mutual Fund Scheme. The fund employs a strategic approach by investing a minimum of 25% in large, mid, and small cap companies each. The fund works with an idea to identify opportunities ahead of the market. It is an open-ended fund, which means the investor can invest at any time. The expense ratio of the fund is low compared to the category average.

Investment Objective of the scheme

The primary investment objective of Nippon India Multi Cap Fund Direct Growth is to achieve capital appreciation and offer long-term growth opportunities to investors. This is pursued by building a well-balanced portfolio of equity and equity-related securities. The fund focuses on investing in companies across various market capitalisations and sectors to potentially capitalise on growth prospects in the Indian economy. Additionally, the secondary objective of the fund is to generate consistent returns by allocating a portion of its assets to debt and money market securities.

Key Features of The Fund

5-year return 22.73%
Expense Ratio 0.87%
Fund Manager Sailesh Raj Bhan
Fund Size ₹25722.95 Cr
Risk Profile Very High

Is This Scheme Right for Me?

For investors with a longer investment horizon, Nippon India Multi Cap Fund Direct Growth may be an appealing option, offering the potential for high returns. However, it's essential to be mindful of the possibility of facing moderate risk along the way. Assessing risk tolerance and investment objectives is crucial before considering this fund.

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 [email protected]
Website https://mf.nipponindiaim.com/

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

FAQs

What is today's NAV of Nippon India Multi Cap Fund Direct Plan Growth?

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 Multi Cap Fund Direct Plan Growth Feb 21 2024 is 259.9833

What is the AUM of Nippon India Multi Cap Fund Direct Plan Growth?

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 Multi Cap Fund Direct Plan Growth is 25722.95 crore.

What is the expense ratio of Nippon India Multi Cap Fund Direct Plan Growth?

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 Multi Cap Fund Direct Plan Growth is 0.87%

What are the returns of Nippon India Multi Cap Fund Direct Plan Growth since inception?

The Nippon India Multi Cap Fund Direct Plan Growth was launched on Jan 01 2013. The fund has delivered a CAGR of 17.12 since inception.

What is the minimum SIP amount to invest in Nippon India Multi Cap Fund Direct Plan Growth?

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 Multi Cap Fund Direct Plan Growth is 100.

How do I invest in Nippon India Multi Cap Fund Direct Plan Growth?

  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 Multi Cap Fund Direct Plan Growth?

  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 Multi Cap Fund Direct Plan Growth?

  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 Multi Cap Fund Direct Plan Growth?

  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.