Nippon India Diversified Equity Flexicap Passive FoF

Direct and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Nippon India Diversified Equity Flexicap Passive FoF is a mutual fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹211 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 9.4% a year and its Regular plan returned 9.0% a year. Its benchmark, Nifty 500 TRI, returned 10.2% a year over the same 3 years.

NAV (Direct plan): ₹20.17; ▼ 0.26%30-10-2026
NAV (Regular plan): ₹19.64; ▼ 0.26%30-10-2026
Expense ratio: 0.20%Direct0.58%Regular; 0.20%; A year
Riskometer: Not available; Set by the fund house
3 year return: 9.4%Direct9.0%Regular; 9.4%; A year

Nippon India Diversified Equity Flexicap Passive FoF NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹20.17 (down 0.26% that day); Regular Plan Growth ₹19.64 (down 0.26% that day).

This fund (Direct plan)

₹20.1703

Nippon India Diversified Equity Flexicap Passive FoF Returns vs Nifty 500 TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.96%	−5.89%	−3.23%	−8.15%	+9.43%	+8.07%	--
This fund (Regular)	−0.99%	−5.98%	−3.42%	−8.49%	+9.02%	+7.60%	--
Nifty 500 TRI	−0.75%	−6.05%	−2.83%	−7.34%	+10.22%	+8.81%	+12.51%
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.

Nippon India Diversified Equity Flexicap Passive FoF Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty 500 TRI
2026to date	−8.15%	−8.43%	−7.51%
2025	+6.45%	+6.07%	+7.76%
2024	+15.79%	+15.36%	+16.24%
2023	+26.42%	+25.88%	+26.91%
2022	+3.41%	+2.83%	+4.25%

Nippon India Diversified Equity Flexicap Passive FoF Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 694 periods, one for each trading day from 04-01-2024 to 30-10-2026.

0%5%10%15%20%25%

Mar 2021
to
Mar 2024Sept 2021
to
Sept 2024Mar 2022
to
Mar 2025Sept 2022
to
Sept 2025Feb 2023
to
Feb 2026Aug 2023
to
Aug 2026

Nippon India Diversified Equity Flexicap Passive FoF (Direct)Nifty 500 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	1,187	8.1%	−10.2%	42.5%	17%	8.9%	11%
2 years	939	15.1%	−4.8%	31.8%	5%	15.5%	8%
3 years	694	15.7%	8.0%	22.4%	0%	16.4%	9%
5 years	201	11.8%	7.3%	16.8%	0%	12.5%	17%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	58	8.7%	−18.4%	45.1%	22%	9.4%	16%
2 years	46	10.8%	−6.2%	35.3%	7%	11.4%	7%
3 years	34	14.8%	0.8%	27.3%	0%	15.6%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty 500 TRI over the same days. Past returns do not promise future returns.

Nippon India Diversified Equity Flexicap Passive FoF Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Nippon India Diversified Equity Flexicap Passive FoF (Direct)This fund	Nifty 500 TRI
Return (CAGR)	−8.15%	−7.34%
Standard deviation	13.76%	14.48%
Sharpe ratio	-0.97	-0.87
Sortino ratio	-1.32	-1.16
Maximum drawdown	−14.5% (31-03-2026)	−14.7% (30-03-2026)
Beta	0.92	1.00
Alpha	−1.82%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Nippon India Diversified Equity Flexicap Passive FoF (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+9.43%	+10.22%
Standard deviation	12.77%	14.30%
Sharpe ratio	0.27	0.29
Sortino ratio	0.37	0.40
Maximum drawdown	−18.6% (03-03-2025)	−18.6% (28-02-2025)
Beta	0.81	1.00
Alpha	−0.01%	0.00%

From daily NAVs, 30-10-2023 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Nippon India Diversified Equity Flexicap Passive FoF (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+8.07%	+8.81%
Standard deviation	13.18%	14.36%
Sharpe ratio	0.17	0.21
Sortino ratio	0.24	0.28
Maximum drawdown	−18.6% (03-03-2025)	−18.6% (28-02-2025)
Beta	0.85	1.00
Alpha	−0.28%	0.00%

From daily NAVs, 29-10-2021 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Nippon India Diversified Equity Flexicap Passive FoF (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+12.64%	+12.53%
Standard deviation	13.29%	14.41%
Sharpe ratio	0.54	0.49
Sortino ratio	0.75	0.67
Maximum drawdown	−18.6% (03-03-2025)	−18.6% (28-02-2025)
Beta	0.84	1.00
Alpha	+1.23%	0.00%

From daily NAVs, 04-01-2021 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

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.

−20%−15%−10%−5%0%

20222023202420252026

Nippon India Diversified Equity Flexicap Passive FoF (Direct)Nifty 500 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Nippon India Diversified Equity Flexicap Passive FoF (Direct)	−18.6%	27-09-2024	03-03-2025	Not yet	--	−10.4%
Nifty 500 TRI	−18.6%	26-09-2024	28-02-2025	Not yet	--	−8.8%

From the Direct plan's daily NAV since 04-01-2021, adjusted for unit splits, and Nifty 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Nippon India Diversified Equity Flexicap Passive FoF Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.17%	0.00%	0.00%	0.03%	0.20%
Regular	0.49%	0.00%	0.00%	0.09%	0.58%

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−8.49%	−8.15%	0.34%	₹91,510	₹91,850
3 years	9.02%	9.43%	0.41% a year	₹1,29,574	₹1,31,042
5 years	7.60%	8.07%	0.47% a year	₹1,44,232	₹1,47,410

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Nippon India Diversified Equity Flexicap Passive FoF SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 04-01-2021 to 30-10-2026: 70 instalments, ₹7,00,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planNippon India Diversified Equity Flexicap Passive FoF (Direct)	₹7,00,000	₹8,83,926	₹1,83,926	7.9%
Regular planNippon India Diversified Equity Flexicap Passive FoF (Regular)	₹7,00,000	₹8,72,047	₹1,72,047	7.5%
Nifty 500 TRI	₹7,00,000	₹9,02,262	₹2,02,262	8.6%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L₹10.0 L

20222023202420252026

Direct planNippon India Diversified Equity Flexicap Passive FoF (Direct)Regular planNippon India Diversified Equity Flexicap Passive FoF (Regular)Nifty 500 TRIAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI, 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 Diversified Equity Flexicap Passive FoF Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.0%Cash and others

Asset	Fund
Cash and others	100.0%

Nippon India Diversified Equity Flexicap Passive FoF Portfolio Holdings

As on 30-09-2026 · 3 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%
Nippon India ETF Nifty 100		68.29%
Nippon India ETF Nifty Midcap 150		17.26%
Nippon India Nifty Smallcap 250 Ind FundDi Pl-GrOp		13.20%

Nippon India Diversified Equity Flexicap Passive FoF Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Nippon India Multi - Asset Omni FoFFund of Funds · Nippon India	13.2%	1	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Nippon India Diversified Equity Flexicap Passive FoF Overview

Fund facts from the scheme summary document

Expense ratio (Direct): 0.20%
Expense ratio (Regular): 0.58%
Category: Not available
Risk: Not available
Benchmark: Not available
Launch date: Not available
Minimum investment: Not available
Minimum additional investment: Not available
AUM: ₹211.29 Cr (30-09-2026)
Lock in: Not available
Scheme code (Direct): 148642
ISIN (Direct): INF204KB16X6
Scheme code (Regular): 148641
ISIN (Regular): INF204KB13X3
NAV history: From 04-01-2021, 5.8 years

Exit load: Not available

Tax on Nippon India Diversified Equity Flexicap Passive FoF returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹20.1703	30-10-2026
direct	IDCW	₹20.1703	30-10-2026
regular	Growth	₹19.6449	30-10-2026
regular	IDCW	₹19.6449	30-10-2026

About Nippon India Diversified Equity Flexicap Passive FoF

Nippon India Diversified Equity Flexicap Passive FoF is a mutual fund from Nippon India Mutual Fund. At the end of September 2026 it held 3 securities.

Fund Manager

Not available

See all funds of Nippon India Mutual Fund

AUM change

September 2026: ₹211.29 Cr; −5.80% from August 2026
August 2026: ₹224.30 Cr; −0.70% from July 2026
July 2026: ₹225.87 Cr; +1.93% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Nippon India Diversified Equity Flexicap Passive FoF with Other Funds

Returns, risk, costs and the stocks they share, side by side

Nippon India Diversified Equity Flexicap Passive FoF vs Nippon India Multi - Asset Omni FoF13.2% overlap

Compare with any other fund

Frequently Asked Questions for Nippon India Diversified Equity Flexicap Passive FoF

What is the current NAV of Nippon India Diversified Equity Flexicap Passive FoF?

The Direct plan NAV is ₹20.1703. The Regular plan NAV is ₹19.6449, as on 30-10-2026.

What are the returns of Nippon India Diversified Equity Flexicap Passive FoF?

The Direct plan returned −8.15% in 1 year, +9.43% a year over 3 years, +8.07% a year over 5 years. The Regular plan returned −8.49% in 1 year, +9.02% a year over 3 years, +7.60% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Nippon India Diversified Equity Flexicap Passive FoF?

The Direct plan charges 0.20% a year. The Regular plan charges 0.58% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of Nippon India Diversified Equity Flexicap Passive FoF?

Nippon India Diversified Equity Flexicap Passive FoF managed ₹211.29 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Nippon India Diversified Equity Flexicap Passive FoF?

At the end of September 2026 the largest holdings were NIF100BEES (68.29%), MID150BEES (17.26%), Nippon India Nifty Smallcap 250 Ind FundDi Pl-GrOp (13.20%). The fund held 3 securities in all.

How do I invest in Nippon India Diversified Equity Flexicap Passive FoF?

Through Nippon India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.

How has Nippon India Diversified Equity Flexicap Passive FoF performed against its benchmark?

Its benchmark is Nifty 500 TRI. The Direct plan returned +8.07% a year over 5 years. The benchmark returned +8.81% a year over 5 years.

What is the difference between the Direct and Regular plan of Nippon India Diversified Equity Flexicap Passive FoF?

Both plans hold the same investments. The Regular plan pays a commission to the distributor who sold it, so it charges more. The Direct plan charges 0.20% a year and the Regular plan 0.58%. The lower charge is why the Direct plan's NAV is higher.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its 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.