Nippon India Flexicap Fund NFO
Nippon India Mutual Fund has announced the launch of the Nippon India Flexicap Fund. The scheme would be predominantly investing its assets in large-cap, mid-cap, and small-cap companies.
The New Fund Offer (NFO) starts on 26th July 2021 and will end on 09th August 2021.
Investment Objective
The scheme’s investment objective is to generate long-term capital growth by investing its assets in equity and equity-related securities of large-cap, mid-cap, and small-cap companies.
Features
- The fund will be investing a minimum of 65% of its assets in the equity and equity-related securities of every market capitalization.
- The fund may allocate its asset in debt or money market instruments.
- The fund can invest in any companies across the market capitalizations & sectors.
- The fund does not have any restriction to allocate its assets across market capitalization.
Benefits of Flexicap Strategy
- Large investment universe
- Diversification across market caps
- Dynamic approach
- Potential to outperform in different market cycles
Nippon India Flexicap Fund - Investment Approach
- Market cap allocation - Assets will be allocated across the market cap based on market view and attractiveness
- Growth with Stability - Reasonable allocation will be given to established sector leaders through a bottom-up stock selection approach
- Investment Approach -
- Lower deviation in mega-caps or large caps
- Active divergence in the rest of the large-cap basket
- Focus on core growth and new-age businesses for mid and small caps
Nippon India Flexicap Fund - Investment Strategy
- Market cap allocation will be decided as per the Fundamentals, Macros, & sentiment factors.
- Flexibility to invest across markets and capture the different market trends.
- Fund will keep an eye on global cues.
- Risk management measures will be made to create an optimal risk-return profile.
Who Should Invest?
This scheme is suitable for investors who are -
- Interested in long-term capital growth.
- Investors who want to invest in a well-diversified portfolio.
- Investors who want to invest in companies across market capitalization.
- Recommended for investors with an investment horizon of 5 years & above.
Asset Allocation Pattern
Instruments | Minimum % of total assets (Indicative) | Maximum % of total assets (Indicative) |
Equity and Equity-related securities of Large-cap, Mid-cap, and Small-cap companies | 65% | 100% |
Debt & money market instruments | 0% | 35% |
About the Scheme
Name of the fund | Nippon India Flexicap Fund |
Fund launched by | Nippon India Mutual Fund |
Asset Management Company | Nippon Life India Asset Management Limited |
Type of scheme | An open-ended dynamic equity scheme primarily investing its assets in large-cap, mid-cap, and small-cap companies. |
Investment Objective | The scheme’s investment objective is to generate long-term capital appreciation by investing its assets in equity and equity-related securities across market capitalization. |
Benchmark | NIFTY 500 TRI |
Entry Load | Not Applicable |
Exit Load | - Redemption of 10% units within 1 year - NIL - Redemption of more than 10% of units within 1 year - 1% - Redemption of units after 1 year - NIL |
Taxation | Taxed as Equity -If units are redeemed within 12 months, gains are taxed as short term capital gain tax @15% -If units are sold after 12 months, gains are taxed as long term capital gain tax @10% on the gains exceeding ₹ 1 lakh in a financial year |
Minimum Application Amount | ₹ 500 & in multiples of ₹ 1 thereafter |
Minimum Additional Amount | ₹ 100 & in multiples of ₹ 1 thereafter |
STP & SWP | Available |
Plans Available |
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Options |
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Fund Managers | Mr. Manish Gunwani and Mr. Dhrumil Shah |
SIP Details
Type | Minimum Installments | Minimum Amount |
Monthly SIP | 60 | ₹100 & in multiples of ₹1 thereafter |
12 | ₹500 & in multiples of ₹1 thereafter | |
6 | ₹1,000 & in multiples of ₹1 thereafter | |
Quarterly SIP | 12 | ₹500 & in multiples of ₹1 thereafter |
4 | ₹1,500 & in multiples of ₹1 thereafter | |
Yearly SIP | 2 | ₹5,000 & in multiples of ₹1 thereafter |