Fund Details
Nippon India Multi Cap Fund Direct Bonus
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.37% |
| NAV | ₹109.64 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹8,506 Cr |
Returns
Comparison
1. Lower expense ratio - 1.25%
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Linde India Ltd. | Chemicals | Equity | 6.0% |
| State Bank of India | Financial | Equity | 5.9% |
| Infosys Ltd. | Technology | Equity | 5.7% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| HDFC Bank Ltd. | Financial | Equity | 5.3% |
| Bharti Airtel Ltd. | Communication | Equity | 5.2% |
| Indian Hotels Co. Ltd. | Services | Equity | 4.4% |
| Axis Bank Ltd. | Financial | Equity | 3.5% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| HCL Technologies Ltd. | Technology | Equity | 3.0% |
Fund Managers
Nippon India Multi Cap Fund Direct Bonus Details
Nippon India Multi Cap Fund Direct Bonus is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sailesh Raj Bhan is the Current Fund Manager of Nippon India Multi Cap Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹8,506 Cr and the Latest NAV as of 20 Jan 2021 is ₹109.64.
The Nippon India Multi Cap Fund Direct Bonus is rated Moderately High risk. Minimum SIP Investment is set to 100. For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
Investment Objective
The scheme aims to invest in stocks across those sectors and industries where India's 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.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
