MonitorDirect · GrowthWatch before adding
Nippon India Flexi Cap Fund
Nippon India Mutual FundEquity Scheme - Flexi Cap Fund5.2 years
- NAV
- 17.4028
- 4 Nov 2026
- 1Y
- -3.2%
- Trailing CAGR
- AUM
- ₹9,214.06 Cr
- 30 Sept 2026
- Volatility
- Medium
- 14.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 4 Nov 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 59% of rolling 3-year windows.
Prefer peers if · Prefer Bajaj Finserv Flexi Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
5.2 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.66% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -19.8%. Ask whether you can hold through a similar fall.
Vs category
Pass
59% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 33.7% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 20%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-3.2%
- 3Y+10.1%
- 5Y+9.7%
- 10Yn/a
- SI+11.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-0.9%
- 3Y+2.8%
- 5Y+9.0%
- 10Yn/a
- Since inception
- +11.0%
- Calendar-day CAGR
- Excess 1Y
- -1.7%
- Category median, same plan and option
- 3Y win rate
- +59%
- Windows beating the median
- 3Y percentile
- 22
- Vs comparable share classes
- SIP 3Y XIRR
- +2.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +8.4%
- 548 daily-ending windows
- Median rolling 3Y
- +16.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 54 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -19.8%
- Worst peak-to-trough
- Current
- -7.2%
- Below last peak
- Current spell
- 772 days
- Days below latest peak
- Time below peak
- +89%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 12 days
- 50 recovered episodes
- Longest recovery
- 350 days
- Trough to prior peak
23 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-19.8%
17 Jan 2022 – 5 Jun 2023
Trough 20 Jun 2022 · recovered in 350 days
-18.7%
12 Nov 2021 – 10 Jan 2022
Trough 20 Dec 2021 · recovered in 21 days
-8.1%
3 Jun 2024 – 7 Jun 2024
Trough 4 Jun 2024 · recovered in 3 days
-6.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
22
Vs category
39
Consistency
49
Risk-adjusted
45
Drawdown
51
Mean
41
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- The fund beat the category median in 59% of rolling 3-year windows.
Portfolio
30 Sept 2026 · 87 holdings · top 10 are 33.7%.
- Top 5
- 22.9%
- Top 10
- 33.7%
- Largest holding
- 7.1%
- Effective holdings
- 46.3
ICICI Bank Ltd
Financial
7.1%
HDFC Bank Ltd
Financial
5.8%
Axis Bank Ltd
Financial
3.9%
Reliance Industries Ltd
Energy & Utilities
3.4%
Larsen & Toubro Ltd
Industrials
2.6%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
4 Nov 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
3 Nov 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
2 Nov 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
30 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
DECISION
Status moved from MONITOR to REVIEW.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
DECISION
Status moved from MONITOR to REVIEW.
22 Oct 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bajaj Finserv Flexi Cap Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.2%
- 3Y
- +16.6%
- Vol
- 13.1%
- Max DD
- -17.5%
- Sharpe
- 0.77
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Baroda BNP Paribas Flexi Cap Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- -0.8%
- 3Y
- +12.5%
- Vol
- 14.0%
- Max DD
- -20.4%
- Sharpe
- 0.53
- 3Y win
- +83%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
Capitalmind Flexi Cap Fund
Capitalmind Mutual Fund
- 1Y
- +0.0%
- 3Y
- n/a
- Vol
- 12.3%
- Max DD
- -10.1%
- Sharpe
- -0.24
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Parag Parikh Flexi Cap Fund
PPFAS Mutual Fund
- 1Y
- -2.6%
- 3Y
- +12.9%
- Vol
- 11.9%
- Max DD
- -31.2%
- Sharpe
- 0.98
- 3Y win
- +88%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
UNIFI FLEXI CAP FUND
Unifi Mutual Fund
- 1Y
- +6.2%
- 3Y
- n/a
- Vol
- 13.1%
- Max DD
- -13.2%
- Sharpe
- 0.07
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns