Nippon India Multi Cap Fund is a Multi Cap fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹53,767 Cr of investors' money. In the 3 years to 30-10-2026, it returned 11.9% a year. Its benchmark, Nifty500 Multicap 50:25:25 TRI, returned 11.3% a year over the same 3 years.
NAV (Direct plan)
₹309.72
▼ 0.47% · 30-10-2026
NAV (Regular plan)
₹279.54
▼ 0.47% · 30-10-2026
Expense ratio
0.89%Direct1.62%Regular
0.89%
A year
Riskometer
Very High
Set by the fund house
3 year return
11.9%
A year
Nippon India Multi Cap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹309.72 (down 0.47% that day); Regular Plan Growth ₹279.54 (down 0.47% that day).
This fund (Direct plan)
₹309.7157
Nippon India Multi Cap Fund Returns vs Nifty500 Multicap 50:25:25 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)
−3.06%
−7.39%
−5.16%
−8.14%
+11.87%
+14.92%
+14.86%
This fund (Regular)
--
--
--
--
--
--
--
Nifty500 Multicap 50:25:25 TRI
−1.85%
−6.19%
−2.20%
−6.04%
+11.26%
+10.51%
--
Multi Cap average
−2.65%
−3.95%
+1.99%
−1.14%
+13.54%
+12.56%
+14.55%
Best in Multi Cap
−1.18%
+3.90%
+17.42%
+10.28%
+18.70%
+15.50%
+17.08%
Worst in Multi Cap
−5.15%
−8.29%
−5.16%
−9.57%
+5.07%
+10.35%
+13.54%
Rank in Multi Cap
20/33
31/32
32/32
31/32
18/23
2/9
2/5
Category rows compare the Direct plans of 33 Multi Cap funds. Rank 1 is the highest return.
Nippon India Multi Cap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Nifty500 Multicap 50:25:25 TRI
2026to date
−6.44%
−5.56%
2025
+4.88%
+5.29%
2024
+26.85%
+19.34%
2023
+39.15%
+33.74%
2022
+14.97%
+2.84%
2021
+49.87%
+40.62%
Nippon India Multi Cap Fund 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 2,666 periods, one for each trading day from 04-01-2016 to 30-10-2026.
−10%0%10%20%30%40%50%
Nippon India Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Nippon India Multi Cap Fund (Direct)Nifty500 Multicap 50:25:25 TRI
7%
0%
Below 0%
2%
0%
0-5%
14%
0%
5-10%
21%
13%
10-15%
18%
49%
15-20%
17%
36%
20-25%
21%
2%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,154
13.3%
−38.9%
93.7%
18%
9.0%
88%
2 years
2,912
17.6%
−17.9%
61.1%
10%
17.6%
99%
3 years
2,666
16.9%
−8.9%
42.6%
7%
18.9%
100%
5 years
2,173
16.6%
−4.0%
37.1%
2%
14.6%
100%
7 years
1,684
15.7%
5.8%
21.1%
0%
--
--
10 years
941
16.3%
13.1%
19.9%
0%
--
--
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
15.5%
−56.4%
93.8%
21%
10.6%
79%
2 years
142
15.8%
−33.6%
53.1%
14%
12.2%
93%
3 years
130
15.2%
−22.9%
38.8%
6%
17.2%
100%
5 years
106
18.0%
−10.3%
36.0%
7%
--
--
7 years
82
17.9%
−2.4%
27.9%
2%
--
--
10 years
46
18.6%
14.7%
22.1%
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 Nifty500 Multicap 50:25:25 TRI over the same days. Past returns do not promise future returns.
Nippon India Multi Cap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Nippon India Multi Cap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
−8.14%
−6.04%
Standard deviation
14.29%
15.02%
Sharpe ratio
-0.94
-0.75
Sortino ratio
-1.24
-1.00
Maximum drawdown
−13.1%
(31-03-2026)
−14.6%
(30-03-2026)
Beta
0.94
1.00
Alpha
−2.81%
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 Multi Cap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
+11.87%
+11.26%
Standard deviation
14.32%
15.12%
Sharpe ratio
0.41
0.35
Sortino ratio
0.55
0.46
Maximum drawdown
−18.6%
(03-03-2025)
−19.8%
(03-03-2025)
Beta
0.93
1.00
Alpha
+0.99%
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 Multi Cap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
+14.92%
+10.51%
Standard deviation
14.54%
15.02%
Sharpe ratio
0.63
0.31
Sortino ratio
0.84
0.42
Maximum drawdown
−18.6%
(03-03-2025)
−19.8%
(03-03-2025)
Beta
0.94
1.00
Alpha
+4.68%
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 Multi Cap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
+14.86%
--
Standard deviation
17.13%
--
Sharpe ratio
0.55
--
Sortino ratio
0.74
--
Maximum drawdown
−42.8%
(23-03-2020)
--
From daily NAVs, 28-10-2016 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.
Measure
Nippon India Multi Cap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
+14.98%
+16.22%
Standard deviation
16.54%
15.01%
Sharpe ratio
0.54
0.72
Sortino ratio
0.73
0.97
Maximum drawdown
−42.8%
(23-03-2020)
−19.8%
(03-03-2025)
From daily NAVs, 02-01-2013 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.
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.
−50%−40%−30%−20%−10%0%
Nippon India Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
2014201620182020202220242026
Nippon India Multi Cap Fund (Direct)Nifty500 Multicap 50:25:25 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Nippon India Multi Cap Fund (Direct)
−42.8%
27-05-2019
23-03-2020
12-01-2021
10 months
−9.2%
Nifty500 Multicap 50:25:25 TRI
−19.8%
26-09-2024
03-03-2025
03-08-2026
17 months
−8.0%
From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and Nifty500 Multicap 50:25:25 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Nippon India Multi Cap Fund vs Other Multi Cap Funds
The five Multi Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Nippon India Multi Cap Fund Expense Ratio and Costs
What each plan charges a year, in force from 21-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Multi Cap median
Cost rank (1 = cheapest)
Direct
0.60%
0.06%
0.00%
0.23%
0.89%
0.96%
10/33
Regular
1.23%
0.06%
0.00%
0.33%
1.62%
2.21%
1/33
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. Cost rank: where this plan comes when the Multi Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Nippon India Multi Cap Fund 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
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planNippon India Multi Cap Fund (Direct)
₹16,60,000
₹52,34,670
₹35,74,670
15.3%
Regular planNippon India Multi Cap Fund (Regular)
₹16,60,000
₹48,96,458
₹32,36,458
14.5%
Category averageCategory average, 33 Multi Cap funds
₹16,60,000
₹55,10,766
₹38,50,766
16.0%
₹0₹20.0 L₹40.0 L₹60.0 L
Direct planNippon India Multi Cap Fund (Direct)
Regular planNippon India Multi Cap Fund (Regular)
Category averageCategory average, 33 Multi Cap funds
Amount invested
2014201620182020202220242026
Direct planNippon India Multi Cap Fund (Direct)Regular planNippon India Multi Cap Fund (Regular)Category averageCategory average, 33 Multi Cap fundsAmount invested
From each plan's published NAV (Growth option) and the category average, 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 Multi Cap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
99.3%Equity
Asset
Fund
Category
Equity
99.3%
94.9%
Cash and others
0.7%
4.5%
Market cap of stocks
Market cap
Fund
Category
Large Cap
43.5%
35.5%
Mid Cap
29.5%
27.2%
Small Cap
26.3%
29.4%
Share of the whole fund. Category: the average of the Multi Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Nippon India Multi Cap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks17.6%
Retailing9.9%
Pharmaceuticals & Biotechnology7.9%
Consumer Durables6.9%
Leisure Services5.8%
Electrical Equipment5.0%
IT - Software5.0%
Power4.3%
Insurance4.2%
Auto Components3.2%
The ten largest of 31 sectors. The other 21 add up to 29.5%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
17.7%
17.4%
17.6%
−0.1%
Retailing
9.4%
9.9%
9.9%
+0.5%
Pharmaceuticals & Biotechnology
7.7%
7.7%
7.9%
+0.2%
Consumer Durables
6.6%
6.8%
6.9%
+0.3%
Leisure Services
6.0%
5.9%
5.8%
−0.3%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Nippon India Multi Cap Fund Portfolio Holdings
As on 30-09-2026 · 120 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
HDFC Bank Limited
Banks
7.06%
+1.5%
Axis Bank Limited
Banks
5.07%
0.0%
Infosys Limited
IT - Software
3.06%
−2.9%
ICICI Bank Limited
Banks
2.97%
0.0%
Linde India Limited
Chemicals & Petrochemicals
1.79%
0.0%
NTPC Limited
Power
1.79%
0.0%
Larsen & Toubro Limited
Construction
1.74%
0.0%
Samvardhana Motherson International Limited
Auto Components
1.70%
−3.8%
Swiggy Limited
Retailing
1.63%
0.0%
Avenue Supermarts Limited
Retailing
1.63%
+31.4%
Bajaj Finance Limited
Finance
1.63%
0.0%
GE Vernova T&D India Limited
Electrical Equipment
1.58%
−7.2%
Max Financial Services Limited
Insurance
1.51%
−4.1%
ITC Limited
Diversified FMCG
1.49%
+8.9%
Jubilant Foodworks Limited
Leisure Services
1.49%
−5.4%
Kennametal India Limited
Industrial Manufacturing
1.40%
−1.1%
Mahindra & Mahindra Limited
Automobiles
1.35%
−8.2%
Reliance Industries Limited
Petroleum Products
1.34%
−19.8%
Multi Commodity Exchange of India Limited
Capital Markets
1.27%
+30.5%
AU Small Finance Bank Limited
Banks
1.27%
+12.4%
State Bank of India
Banks
1.23%
0.0%
Vesuvius India Limited
Industrial Products
1.19%
0.0%
FSN E-Commerce Ventures Limited
Retailing
1.19%
0.0%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
1.15%
0.0%
Sai Life Sciences Limited
Pharmaceuticals & Biotechnology
1.13%
0.0%
Tata Power Company Limited
Power
1.08%
0.0%
Siemens Energy India Limited
Electrical Equipment
1.00%
−1.4%
Tata Consultancy Services Limited
IT - Software
0.99%
−21.1%
Voltas Limited
Consumer Durables
0.96%
0.0%
Aditya Birla Sun Life AMC Limited
Capital Markets
0.96%
0.0%
Eternal Limited
Retailing
0.96%
−11.1%
Page Industries Limited
Textiles & Apparels
0.95%
+9.5%
LG Electronics India Ltd
Consumer Durables
0.92%
+58.5%
Balkrishna Industries Limited
Auto Components
0.92%
0.0%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.91%
0.0%
EIH Limited
Leisure Services
0.91%
−19.7%
HCL Technologies Limited
IT - Software
0.91%
0.0%
Colgate Palmolive (India) Limited
Personal Products
0.90%
+33.3%
Devyani International Limited
Leisure Services
0.88%
0.0%
Emami Limited
Personal Products
0.84%
+3.9%
Trent Limited
Retailing
0.82%
0.0%
Vishal Mega Mart Limited
Retailing
0.80%
0.0%
The Indian Hotels Company Limited
Leisure Services
0.79%
0.0%
Vijaya Diagnostic Centre Limited
Healthcare Services
0.78%
0.0%
PVR INOX Limited
Entertainment
0.75%
−2.7%
ICICI Lombard General Insurance Company Limited
Insurance
0.75%
+29.6%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.74%
0.0%
Abbott India Limited
Pharmaceuticals & Biotechnology
0.74%
+0.6%
Dixon Technologies (India) Limited
Consumer Durables
0.73%
−21.1%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.72%
0.0%
Westlife Foodworld Limited
Leisure Services
0.72%
+0.1%
Lupin Limited
Pharmaceuticals & Biotechnology
0.72%
0.0%
Niva Bupa Health Insurance Company Limited
Insurance
0.71%
0.0%
SBI Cards and Payment Services Limited
Finance
0.70%
0.0%
NTPC Green Energy Limited
Power
0.70%
0.0%
ITC Hotels Limited
Leisure Services
0.69%
0.0%
PB Fintech Limited
Financial Technology (Fintech)
0.69%
+32.0%
Gillette India Limited
Personal Products
0.66%
+13.8%
United Breweries Limited
Beverages
0.65%
+10.0%
Cipla Limited
Pharmaceuticals & Biotechnology
0.64%
+8.4%
Gland Pharma Limited
Pharmaceuticals & Biotechnology
0.64%
0.0%
Aditya Birla Lifestyle Brands Limited
Retailing
0.60%
0.0%
Berger Paints (I) Limited
Consumer Durables
0.60%
0.0%
KEC International Limited
Construction
0.59%
0.0%
Kansai Nerolac Paints Limited
Consumer Durables
0.59%
+2.6%
ZF Commercial Vehicle Control Systems India Limited
Auto Components
0.57%
0.0%
Emcure Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.56%
−5.1%
Vedanta Aluminium Metal Limited
Non - Ferrous Metals
0.56%
0.0%
Blue Star Limited
Consumer Durables
0.56%
0.0%
Info Edge (India) Limited
Retailing
0.56%
0.0%
ICICI Prudential Life Insurance Company Limited
Insurance
0.54%
0.0%
Meesho Ltd
Retailing
0.52%
0.0%
JSW Dulux Limited
Consumer Durables
0.52%
0.0%
Schneider Electric Infrastructure Limited
Electrical Equipment
0.51%
0.0%
Ajanta Pharma Limited
Pharmaceuticals & Biotechnology
0.50%
0.0%
Container Corporation of India Limited
Transport Services
0.50%
0.0%
TVS Motor Company Limited
Automobiles
0.47%
New
ABB India Limited
Electrical Equipment
0.45%
0.0%
Timken India Limited
Industrial Products
0.45%
0.0%
Syngene International Limited
Healthcare Services
0.45%
0.0%
Vedant Fashions Limited
Retailing
0.45%
−10.0%
Delhivery Limited
Transport Services
0.44%
0.0%
IPCA Laboratories Limited
Pharmaceuticals & Biotechnology
0.44%
0.0%
SBI Life Insurance Company Limited
Insurance
0.43%
0.0%
Dr. Lal Path Labs Limited
Healthcare Services
0.42%
0.0%
JK Cement Limited
Cement & Cement Products
0.42%
0.0%
Power Finance Corporation Limited
Finance
0.39%
New
Billionbrains Garage Ventures Ltd
Capital Markets
0.38%
0.0%
Triveni Turbine Limited
Electrical Equipment
0.38%
0.0%
Sheela Foam Limited
Consumer Durables
0.38%
0.0%
CESC Limited
Power
0.36%
0.0%
NLC India Limited
Power
0.36%
0.0%
Mahindra Logistics Limited
Transport Services
0.36%
−10.6%
Hitachi Energy India Limited
Electrical Equipment
0.35%
−29.1%
3M India Limited
Diversified
0.34%
0.0%
VRL Logistics Limited
Transport Services
0.32%
−0.8%
Shoppers Stop Limited
Retailing
0.31%
−1.1%
Whirlpool of India Limited
Consumer Durables
0.31%
0.0%
MedPlus Health Services Limited
Retailing
0.31%
0.0%
UTI Asset Management Company Limited
Capital Markets
0.28%
0.0%
Kajaria Ceramics Limited
Consumer Durables
0.27%
0.0%
Sapphire Foods India Limited
Leisure Services
0.27%
0.0%
Kaynes Technology India Limited
Industrial Manufacturing
0.27%
0.0%
Pfizer Limited
Pharmaceuticals & Biotechnology
0.26%
0.0%
Piramal Finance Limited
Finance
0.26%
+169.7%
Go Digit General Insurance Limited
Insurance
0.25%
New
Cummins India Limited
Industrial Products
0.23%
+39.5%
Cyient Dlm Ltd
Aerospace & Defense
0.22%
0.0%
Kalpataru Projects International Limited
Construction
0.22%
0.0%
Clean Science and Technology Limited
Chemicals & Petrochemicals
0.21%
0.0%
TeamLease Services Limited
Commercial Services & Supplies
0.21%
0.0%
Sanofi Consumer Healthcare India Limited
Pharmaceuticals & Biotechnology
0.19%
0.0%
TCI Express Limited
Transport Services
0.19%
0.0%
Indigo Paints Limited
Consumer Durables
0.18%
0.0%
CARE Ratings Limited
Capital Markets
0.16%
0.0%
Bluestone Jewellery and Lifestyle Limited
Consumer Durables
0.15%
0.0%
Awfis Space Solutions Limited
Commercial Services & Supplies
0.13%
0.0%
Go Fashion (India) Limited
Retailing
0.12%
0.0%
GlaxoSmithKline Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.06%
+18.9%
Aditya Birla Fashion and Retail Limited
Retailing
0.04%
0.0%
Nippon India Multi Cap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
HDFC Bank Limited
↑Added
+1.5%
7.06%
Infosys Limited
↓Reduced
−2.9%
3.06%
Samvardhana Motherson International Limited
↓Reduced
−3.8%
1.70%
Reliance Industries Limited
↓Reduced
−19.8%
1.34%
Max Financial Services Limited
↓Reduced
−4.1%
1.51%
GE Vernova T&D India Limited
↓Reduced
−7.2%
1.58%
Avenue Supermarts Limited
↑Added
+31.4%
1.63%
Jubilant Foodworks Limited
↓Reduced
−5.4%
1.49%
Mahindra & Mahindra Limited
↓Reduced
−8.2%
1.35%
ITC Limited
↑Added
+8.9%
1.49%
Kennametal India Limited
↓Reduced
−1.1%
1.40%
Tata Consultancy Services Limited
↓Reduced
−21.1%
0.99%
Multi Commodity Exchange of India Limited
↑Added
+30.5%
1.27%
AU Small Finance Bank Limited
↑Added
+12.4%
1.27%
Eternal Limited
↓Reduced
−11.1%
0.96%
EIH Limited
↓Reduced
−19.7%
0.91%
Siemens Energy India Limited
↓Reduced
−1.4%
1.00%
Dixon Technologies (India) Limited
↓Reduced
−21.1%
0.73%
Page Industries Limited
↑Added
+9.5%
0.95%
LG Electronics India Ltd
↑Added
+58.5%
0.92%
Colgate Palmolive (India) Limited
↑Added
+33.3%
0.90%
PB Fintech Limited
↑Added
+32.0%
0.69%
Emami Limited
↑Added
+3.9%
0.84%
PVR INOX Limited
↓Reduced
−2.7%
0.75%
ICICI Lombard General Insurance Company Limited
↑Added
+29.6%
0.75%
Abbott India Limited
↑Added
+0.6%
0.74%
Westlife Foodworld Limited
↑Added
+0.1%
0.72%
Gillette India Limited
↑Added
+13.8%
0.66%
United Breweries Limited
↑Added
+10.0%
0.65%
Cipla Limited
↑Added
+8.4%
0.64%
Kansai Nerolac Paints Limited
↑Added
+2.6%
0.59%
Emcure Pharmaceuticals Limited
↓Reduced
−5.1%
0.56%
Hitachi Energy India Limited
↓Reduced
−29.1%
0.35%
Vedant Fashions Limited
↓Reduced
−10.0%
0.45%
TVS Motor Company Limited
↑New
New
0.47%
InterGlobe Aviation Limited
↓Sold out
−100%
was 0.46%
Power Finance Corporation Limited
↑New
New
0.39%
Mahindra Logistics Limited
↓Reduced
−10.6%
0.36%
VRL Logistics Limited
↓Reduced
−0.8%
0.32%
Shoppers Stop Limited
↓Reduced
−1.1%
0.31%
Piramal Finance Limited
↑Added
+169.7%
0.26%
Go Digit General Insurance Limited
↑New
New
0.25%
Cummins India Limited
↑Added
+39.5%
0.23%
JSW Energy Limited
↓Sold out
−100%
was 0.21%
Afcons Infrastructure Limited
↓Sold out
−100%
was 0.13%
GlaxoSmithKline Pharmaceuticals Limited
↑Added
+18.9%
0.06%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
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 Multi Cap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.89%
Expense ratio (Regular)
1.62%
Category
Multi Cap
Risk
Very High
Launch date
28-03-2005
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹53,766.63 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
118650
ISIN (Direct)
INF204K01XF9
Scheme code (Regular)
101161
ISIN (Regular)
INF204K01489
NAV history
From 02-01-2013, 13.8 years
Benchmark
NIFTY 500 Multicap 50:25:25 Total Return Index
Exit load
For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
Tax on Nippon India Multi Cap Fund returns
Nippon India Multi Cap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
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
Bonus
₹309.7157
30-10-2026
direct
Growth
₹309.7157
30-10-2026
direct
IDCW
₹80.1391
30-10-2026
regular
Bonus
₹279.5402
30-10-2026
regular
Growth
₹279.5402
30-10-2026
regular
IDCW
₹55.067
30-10-2026
About Nippon India Multi Cap Fund
Nippon India Multi Cap Fund is a mutual fund from Nippon India Mutual Fund. Its category is Multi Cap. It was launched on 28-03-2005. Its benchmark is NIFTY 500 Multicap 50:25:25 Total Return Index. At the end of September 2026 it held 120 securities.
Fund Manager
Sailesh Raj Bhan
Fund manager of Nippon India Multi Cap Fund, since 01-03-2005
Yatin Matta
Fund manager of Nippon India Multi Cap Fund, since 03-09-2026
Frequently Asked Questions for Nippon India Multi Cap Fund
What is the current NAV of Nippon India Multi Cap Fund?
The Direct plan NAV is ₹309.7157. The Regular plan NAV is ₹279.5402, as on 30-10-2026.
What are the returns of Nippon India Multi Cap Fund?
The Direct plan returned −8.14% in 1 year, +11.87% a year over 3 years, +14.92% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Nippon India Multi Cap Fund?
The Direct plan charges 0.89% a year. The Regular plan charges 1.62% a year. This is the figure the fund house reported to AMFI, in force from 21-10-2026.
What is the AUM of Nippon India Multi Cap Fund?
Nippon India Multi Cap Fund managed ₹53,766.63 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Nippon India Multi Cap Fund?
At the end of September 2026 the largest holdings were HDFCBANK (7.06%), AXISBANK (5.07%), INFY (3.06%), ICICIBANK (2.97%), LINDEINDIA (1.79%). The fund held 120 securities in all.
What did Nippon India Multi Cap Fund buy and sell in September 2026?
It bought 3 new stocks: Go Digit General Insurance Limited, Power Finance Corporation Limited, TVS Motor Company Limited. It sold out of 3: Afcons Infrastructure Limited, JSW Energy Limited, InterGlobe Aviation Limited. It added shares in 20. It reduced 20.
How do I invest in Nippon India Multi Cap Fund?
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. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Who is the fund manager of Nippon India Multi Cap Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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