Nippon India Active Momentum Fund vs UTI - Flexi Cap Fund.
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Active Momentum Fund is a Thematic fund and UTI - Flexi Cap Fund. is a Flexi Cap fund. In the year to 30-10-2026, Nippon India Active Momentum Fund (Direct) returned 1.8% and UTI - Flexi Cap Fund. (Direct) returned −5.6%. Nippon India Active Momentum Fund charges 1.29% a year and UTI - Flexi Cap Fund. 1.17% (Direct plans). Their portfolios overlap 40.1%: they hold 17 of the same securities.
Nippon India Active Momentum Fund
Thematic
- 1 year return
- 1.8%
- Expense ratio
- 1.29%
- NAV
- ₹12.27
UTI - Flexi Cap Fund.
Flexi Cap
- 1 year return
- −5.6%
- Expense ratio
- 1.17%
- NAV
- ₹336.25
Which is better, Nippon India Active Momentum or UTI - Flexi Cap Fund.? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Active Momentum returned more over 1 year: 1.8% against −5.6%.
- UTI - Flexi Cap Fund. costs less: 1.17% a year against 1.29% (Direct plans).
- Nippon India Active Momentum fell less in its worst fall since 03-03-2025: −12.6% against −19.8%.
- UTI - Flexi Cap Fund. holds more in large companies: 58.4% of the fund in large caps against 41.9%.
- UTI - Flexi Cap Fund. is the larger fund: ₹22,495 Cr against ₹592 Cr.
- Their portfolios overlap 40.1%: 17 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Nippon India Active Momentum Fund | UTI - Flexi Cap Fund. |
|---|---|---|
| Fund house | Nippon India Mutual Fund | UTI Mutual Fund |
| Category | Thematic | Flexi Cap |
| AUM | ₹592 Cr (30-09-2026) | ₹22,495 Cr (30-09-2026) |
| NAV | ₹12.27 (Direct) | ₹336.25 (Direct) |
| Expense ratio (Direct) | 1.29% | 1.17% |
| Expense ratio (Regular) | 2.28% | 1.69% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Launch date | 28-02-2025 | 01-08-1992 |
| Minimum investment | ₹500 | Regular Plan-Growth- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, Direct Plan-Payout of IDCW- Rs.5000, |
| Lock in | None | None |
| Fund managers | Shirish Guthe | Ajay Tyagi FM 1, Kamal Gada FM 2, Akash Shah FM 3, Not Applicable FM 4, Not Applicable FM 5 |
| Exit load | 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.Nil, thereafter. | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. |
Nippon India Active Momentum vs UTI - Flexi Cap Fund.: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Nippon India Active Momentum Fund (Direct) | −1.78% | −6.77% | +1.92% | +1.81% | -- | -- | -- |
| UTI - Flexi Cap Fund. (Direct) | +0.06% | −4.46% | +6.64% | −5.64% | +8.51% | +3.93% | +11.68% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | +13.13% |
Category average: the average of the 235 Thematic funds and the 46 Flexi Cap funds, same plan type.
Nippon India Active Momentum vs UTI - Flexi Cap Fund.: Year-wise Returns
| Year | Nippon India Active MomentumNippon India Active Momentum | UTI - Flexi Cap Fund.UTI - Flexi Cap Fund. | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | +0.66% | −2.66% | −7.51% |
| 2025 | -- | +1.71% | +7.76% |
| 2024 | -- | +15.12% | +16.24% |
| 2023 | -- | +20.73% | +26.91% |
| 2022 | -- | −12.68% | +4.25% |
| 2021 | -- | +35.00% | +31.60% |
Nippon India Active Momentum vs UTI - Flexi Cap Fund.: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 162 of them, one for each trading day from 04-03-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Nippon India Active Momentum Fund (Direct)
UTI - Flexi Cap Fund. (Direct)
Nifty 500 TRI
to
Mar 2026May 2025
to
May 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Active Momentum | 0.6 | 13.0 | 38.3 | 31.5 | 16.7 | 0.0 | 0.0 | 10.0% | 9.9% | −0.8% | 19.1% | 100% |
| UTI - Flexi Cap Fund. | 77.8 | 19.8 | 2.5 | 0.0 | 0.0 | 0.0 | 0.0 | −2.9% | −3.4% | −10.2% | 5.6% | 10% |
| Nifty 500 TRI | 36.4 | 40.7 | 19.8 | 3.1 | 0.0 | 0.0 | 0.0 | 1.5% | 1.1% | −9.0% | 13.6% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 03-03-2025. Past returns do not promise future returns.
Nippon India Active Momentum vs UTI - Flexi Cap Fund.: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-03-2025 to 30-10-2026: 20 instalments, ₹2,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Active MomentumNippon India Active Momentum Fund (Direct) | ₹2,00,000 | ₹2,07,960 | ₹7,960 | 4.6% |
| UTI - Flexi Cap Fund.UTI - Flexi Cap Fund. (Direct) | ₹2,00,000 | ₹2,01,243 | ₹1,243 | 0.7% |
Nippon India Active MomentumNippon India Active Momentum Fund (Direct)
UTI - Flexi Cap Fund.UTI - Flexi Cap Fund. (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Nippon India Active Momentum vs UTI - Flexi Cap Fund.: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Active Momentum Fund (Direct) | UTI - Flexi Cap Fund. (Direct) |
|---|---|---|
| Return (CAGR) | +1.81% | −5.64% |
| Standard deviation | 15.43% | 14.17% |
| Sharpe ratio | -0.22 | -0.77 |
| Sortino ratio | -0.30 | -1.05 |
| Maximum drawdown | −12.6% (23-03-2026) | −18.9% (23-03-2026) |
| Beta | 1.02 | 0.93 |
| Alpha | +9.42% | +0.85% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Active Momentum Fund (Direct) | UTI - Flexi Cap Fund. (Direct) |
|---|---|---|
| Return (CAGR) | +13.20% | +12.83% |
| Standard deviation | 15.11% | 14.69% |
| Sharpe ratio | 0.51 | 0.46 |
| Sortino ratio | 0.73 | 0.63 |
| Maximum drawdown | −12.6% (23-03-2026) | −33.9% (23-03-2020) |
| Beta | 1.03 | 0.88 |
| Alpha | +6.15% | +0.83% |
From daily NAVs, 03-03-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Nippon India Active Momentum Fund (Direct)
UTI - Flexi Cap Fund. (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Active Momentum Fund (Direct) | −12.6% | 26-02-2026 | 23-03-2026 | 07-05-2026 | 45 days | −9.1% |
| UTI - Flexi Cap Fund. (Direct) | −19.8% | 18-09-2025 | 23-03-2026 | 11-08-2026 | 5 months | −6.9% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 03-03-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Active Momentum Fund (Direct)
UTI - Flexi Cap Fund. (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India Active Momentum Fund (Direct) | 123% | 90% | 3.81% |
| UTI - Flexi Cap Fund. (Direct) | 95% | 94% | 6.28% |
From month-end values since 03-03-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Nippon India Active Momentum vs UTI - Flexi Cap Fund.: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Active Momentum Fund, September 2026; UTI - Flexi Cap Fund., September 2026
Holdings in common
- Overlap
- 40.1%
- Held by both
- 17
- Only in Nippon India Active Momentum
- 23
- Only in UTI - Flexi Cap Fund.
- 37
| Security | % of Nippon India Active Momentum | % of UTI - Flexi Cap Fund. |
|---|---|---|
| ICICI Bank Limited | 6.10% | 5.81% |
| HDFC Bank Limited | 6.30% | 4.61% |
| Dixon Technologies (India) Limited | 3.78% | 3.61% |
| Kotak Mahindra Bank Limited | 4.25% | 3.41% |
| Bajaj Finance Limited | 3.23% | 5.53% |
| Eternal Limited | 2.92% | 6.56% |
| Mahindra & Mahindra Limited | 2.73% | 2.44% |
| Coforge Limited | 2.36% | 3.77% |
| Global Health Limited | 2.36% | 2.00% |
| Dr. Lal Path Labs Limited | 1.72% | 2.22% |
| Trent Limited | 1.63% | 2.10% |
| Torrent Pharmaceuticals Limited | 2.93% | 1.45% |
| Affle 3i Limited | 3.12% | 1.19% |
| Eicher Motors Limited | 1.15% | 2.19% |
| IPCA Laboratories Limited | 2.08% | 1.11% |
| TVS Motor Company Limited | 3.20% | 0.79% |
| Jubilant Foodworks Limited | 2.42% | 0.63% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40.1% means 40.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Nippon India Active Momentum Fund
| Security | % of fund |
|---|---|
| Sun Pharmaceutical Industries Limited | 3.44% |
| GE Vernova T&D India Limited | 2.61% |
| Prestige Estates Projects Limited | 2.56% |
| JSW Infrastructure Ltd | 2.53% |
| Star Health And Allied Insurance Company Limited | 2.53% |
Largest holdings only in UTI - Flexi Cap Fund.
| Security | % of fund |
|---|---|
| EQ - TITAN COMPANY LTD. | 3.94% |
| EQ - INFO-EDGE (INDIA) LTD. | 3.59% |
| EQ - PERSISTENT SYSTEMS LTD. | 3.44% |
| EQ - BHARTI AIRTEL LTD. | 3.37% |
| EQ - AVENUE SUPERMARTS LTD. | 2.84% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Active Momentum | UTI - Flexi Cap Fund. |
|---|---|---|
| Equity | 98.6% | 97.0% |
| Debt | 0.0% | 0.2% |
| Cash and others | 1.4% | 2.7% |
Market cap of stocks
| Market cap | Nippon India Active Momentum | UTI - Flexi Cap Fund. |
|---|---|---|
| Large Cap | 41.9% | 58.4% |
| Mid Cap | 28.9% | 26.3% |
| Small Cap | 27.8% | 12.4% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Nippon India Active Momentum | UTI - Flexi Cap Fund. |
|---|---|---|
| Banks | 16.6% | 14.9% |
| Retailing | 6.4% | 16.6% |
| Consumer Durables | 3.8% | 10.4% |
| IT - Software | 2.4% | 9.3% |
| Pharmaceuticals & Biotechnology | 8.4% | 8.4% |
| Finance | 6.0% | 7.7% |
| Automobiles | 7.1% | 7.5% |
| Leisure Services | 6.8% | 1.1% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Active Momentum vs UTI - Flexi Cap Fund.: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Active Momentum Fund | UTI - Flexi Cap Fund. |
|---|---|---|
| Total expense ratio (Direct) | 1.29% | 1.17% |
| Base expense ratio (Direct) | 0.60% | 0.94% |
| Total expense ratio (Regular) | 2.28% | 1.69% |
| Base expense ratio (Regular) | 1.44% | 1.40% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Nippon India Active Momentum with
Nippon India Active Momentum Fund vs UTI - Flexi Cap Fund.: Frequently Asked Questions
What is the difference between Nippon India Active Momentum Fund and UTI - Flexi Cap Fund.?
Nippon India Active Momentum Fund is a Thematic fund, UTI - Flexi Cap Fund. is a Flexi Cap fund, run by Nippon India Mutual Fund and UTI Mutual Fund. Their portfolios overlap 40.1%. Nippon India Active Momentum Fund charges 1.29% a year and UTI - Flexi Cap Fund. 1.17%.
Which has given higher returns, Nippon India Active Momentum Fund or UTI - Flexi Cap Fund.?
Over 1 year: Nippon India Active Momentum Fund +1.81%, UTI - Flexi Cap Fund. −5.64%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Active Momentum Fund or UTI - Flexi Cap Fund.?
UTI - Flexi Cap Fund. charges less: 1.17% a year against 1.29%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Active Momentum Fund and UTI - Flexi Cap Fund. overlap?
40.1%. They hold 17 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, DIXON. From each fund's latest monthly portfolio.
Which is riskier, Nippon India Active Momentum Fund or UTI - Flexi Cap Fund.?
On SEBI's riskometer, Nippon India Active Momentum Fund is rated Very High and UTI - Flexi Cap Fund. Very High. Over 1 years, the standard deviation of daily returns was 15.43% and 14.17% a year.
Can I invest in both Nippon India Active Momentum Fund and UTI - Flexi Cap Fund.?
Yes. 40.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Nippon India Active Momentum Fund and UTI - Flexi Cap Fund.?
Nippon India Active Momentum Fund: Shirish Guthe. UTI - Flexi Cap Fund.: Ajay Tyagi FM 1, Kamal Gada FM 2, Akash Shah FM 3, Not Applicable FM 4, Not Applicable FM 5.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.