Nippon India Multi Cap Fund - Direct Plan - Growth
Fund Objective & Philosophy
The primary objective of Nippon India Multi Cap Fund – Direct Growth is to seek capital appreciation and provide long‑term growth opportunities by investing in a diversified portfolio of equity and equity‑related securities, with a secondary focus on generating consistent returns through debt and money market instruments.
Investment Strategy
- Type of Scheme - Open‑ended equity scheme investing across Large Cap, Mid Cap and Small Cap stocks.
- Mandatory minimum 25% allocation each to Large, Mid, and Small Cap stocks.
- Leverages Large Caps for stability and liquidity, with Mid/Small Caps for alpha generation.
- Combines top-down sector calls with bottom-up stock selection, focusing on "Growth at Reasonable Valuations".
- Fund Managers: Sailesh Raj Bhan (Managing Since Mar, 2005; 29+ years’ experience) & Ashutosh Bhargava (Co‑Fund Manager Since Sep, 2021; 20+ years’ experience)
- Exit Load: 1% if redeemed within 15 days of allotment. Nil thereafter.
Also Read: SBI Multicap Fund Direct Growth – NAV, Returns, Overview
Key Metrics & Performance
Latest NAV (13 Jun 2025)
₹323.3266
1 Month Return
+2.89%
1 Year CAGR
+4.23%
5 Year CAGR
+34.4%
Portfolio, Allocation & Risk
Market Cap Allocation
Key Risk & Portfolio Metrics
- Standard Deviation: 14.43
- Beta: 0.87
- Sharpe Ratio: 1.34
- Expense Ratio (Direct): 0.74%
- Portfolio Turnover: 0.12x (Low)
- Minimum Investment: ₹100
NAV CAGR Return Performance
| Period | Start Date | Start NAV | End Date | End NAV | Annualized Return (CAGR) |
|---|---|---|---|---|---|
| 1 Week | 06-Jun-2025 | 327.6484 | 13-Jun-2025 | 323.3266 | -50.4% |
| 1 Month | 15-May-2025 | 314.2442 | 13-Jun-2025 | 323.3266 | +40.8% |
| 1 Year | 14-Jun-2024 | 310.1565 | 13-Jun-2025 | 323.3266 | +4.23% |
| 3 Years | 15-Jun-2022 | 146.8021 | 13-Jun-2025 | 323.3266 | +30.0% |
| 5 Years | 16-Jun-2020 | 73.7563 | 13-Jun-2025 | 323.3266 | +34.4% |
Systematic Investment Plan (SIP) Performance
Annualized returns (XIRR) for a ₹10,000 monthly SIP on the 10th of each month.
| Period | Total Invested (₹) | Market Value (₹) | Scheme Return (%) | Benchmark Return (%) |
|---|---|---|---|---|
| Since Inception (2005) | 24,20,000 | 1,76,25,683 | 17.09 | 15.37 |
| 15 Years | 18,00,000 | 75,15,280 | 17.32 | 16.32 |
| 10 Years | 12,00,000 | 32,95,987 | 19.28 | 17.50 |
| 5 Years | 6,00,000 | 11,42,960 | 26.38 | 20.41 |
| 3 Years | 3,60,000 | 5,05,335 | 23.76 | 19.63 |
| 1 Year | 1,20,000 | 1,25,005 | 8.30 | 5.77 |
Nippon India Multi Cap Fund Direct Growth - Portfolio Dashboard
Portfolio Overview
Top 10 Holdings
As of May 31, 2025; % of AUM
Banking Sector Dominance
The portfolio is heavily weighted towards banking stocks, with HDFC Bank, ICICI Bank, and Axis Bank collectively making up 19.24% of the portfolio. This reflects confidence in the financial sector's growth potential in the current economic climate.
Top 10 Sectors
Allocation by industry sector as of May 31, 2025
| Sector | Allocation (%) |
|---|---|
| Banks | 17.89 |
| IT - Software | 6.64 |
| Finance | 6.21 |
| Retailing | 5.84 |
| Automobiles | 5.24 |
| Petroleum Products | 4.55 |
| Pharmaceuticals & Biotechnology | 3.87 |
| Construction | 3.77 |
| Industrial Products | 3.11 |
| Electrical Equipment | 3.06 |
Sector Concentration
Financial services (Banks + Finance) constitute over 24% of the portfolio, demonstrating a strong conviction in this sector. The IT sector provides technological growth exposure, while Automotive and Energy sectors offer cyclical balance to the portfolio.
Peer Comparison
Performance comparison against top peers in the multi-cap fund category. Data as of June 2025 from reliable financial platforms.
| Fund Name | 1-Year Return | 5-Year Return | Expense Ratio | Latest AUM (Cr) |
|---|---|---|---|---|
| Nippon India Multi Cap | 43.13% | 24.37% | 0.74% | ₹43,483 |
| Axis Multi Cap | 25.77% | 24.83% | 0.75% | ₹7,782 |
| HDFC Multi Cap | 20.87% | 22.21% | 0.73% | ₹17,620 |
| SBI Multi Cap | 17.99% | 20.39% | 0.86% | ₹20,559 |
Performance Leadership
Our portfolio leads in both 1-year (43.13%) and 5-year (24.37%) returns compared to peers. The expense ratio of 0.72% is competitive within the category. Note that return figures may show slight variations across sources due to different calculation periods.
For detailed comparisons, visit Moneycontrol or Groww.