| Launch date | 26 Jul 2021 |
| Allotment date | 16 Aug 2021 |
| End date | 09 Aug 2021 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.46%
Inclusive of GST
Exit load
Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Divya Dutt SharmaSep 2025 - PresentView details
Lokesh MaruSep 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #4 in India |
|---|---|
| Total AUM | ₹7,09,781.92Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Nippon India Flexi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Manish Gunwani is the Current Fund Manager of Nippon India Flexi Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,09,782 Cr and the Latest NAV as of 19 Dec 2025 is ₹17.93. The Nippon India Flexi Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days ;
Investment Objective
The scheme seeke to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. ;
| Fund benchmark | NIFTY 500 Total Return Index |
|---|
Peer Comparison
| Equity, Flexi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Flexi Cap Fund Direct Growth | 5 | -0.5% | 22.5% | 4,680.24 |
Parag Parikh Flexi Cap Fund Direct Growth | 5 | 7.3% | 21.9% | 1,25,799.63 |
HDFC Flexi Cap Direct Plan Growth | 5 | 10.2% | 21.5% | 94,068.73 |
HSBC Flexi Cap Fund Direct Growth | 4 | -0.7% | 19.5% | 5,247.71 |
Franklin India Flexi Cap Fund Direct Growth | 4 | 2.8% | 18.1% | 20,021.75 |