| 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
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Meenakshi DawarJan 2023 - PresentView details
Dhrumil ShahJul 2021 - PresentView details
Kinjal DesaiJul 2021 - PresentView details
Amber SinghaniaMar 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | #4 in India |
|---|---|
| Total AUM | ₹7,41,773.84Cr |
| 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 ₹7,41,774 Cr and the Latest NAV as of 02 Apr 2026 is ₹15.77. 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 |
|---|
Fund house contact details
Peer Comparison
| Equity, Flexi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
ITI Flexi Cap Fund Direct Growth | 5 | 3.9% | 20.1% | 1,266.92 |
HDFC Flexi Cap Direct Plan Growth | 5 | 1.1% | 18.8% | 1,00,455.32 |
Invesco India Flexi Cap Fund Direct Growth | 5 | -2.3% | 18.1% | 4,679.85 |
Parag Parikh Flexi Cap Fund Direct Growth | 5 | 1.6% | 17.7% | 1,34,253.17 |
Franklin India Flexi Cap Fund Direct Growth | 4 | -2.1% | 16.0% | 19,597.86 |