NJ Flexi Cap Fund is a Flexi Cap fund run by NJ Mutual Fund. In the 3 years to 30-10-2026, its Direct plan returned 8.9% a year and its Regular plan returned 7.2% a year. Its benchmark, Nifty 500 TRI, returned 10.2% a year over the same 3 years.
NAV (Direct plan)
₹12.97
▼ 0.08% · 30-10-2026
NAV (Regular plan)
₹12.35
▼ 0.08% · 30-10-2026
Expense ratio
0.84%Direct2.23%Regular
0.84%
A year
Riskometer
Very High
Set by the fund house
3 year return
8.9%Direct7.2%Regular
8.9%
A year
NJ Flexi Cap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹12.97 (down 0.08% that day); Regular Plan Growth ₹12.35 (down 0.08% that day).
This fund (Direct plan)
₹12.97
NJ Flexi Cap Fund 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)
−1.14%
−6.49%
−0.77%
−6.08%
+8.87%
--
--
This fund (Regular)
−1.20%
−6.79%
−1.44%
−7.42%
+7.22%
--
--
Nifty 500 TRI
−0.75%
−6.05%
−2.83%
−7.34%
+10.22%
+8.81%
+12.51%
Flexi Cap average
−1.62%
−4.17%
+1.00%
−3.58%
+12.37%
--
--
Best in Flexi Cap
+0.85%
−0.17%
+8.85%
+6.40%
+18.32%
--
--
Worst in Flexi Cap
−6.55%
−8.89%
−7.46%
−10.21%
+6.61%
--
--
Rank in Flexi Cap
21/46
40/44
28/44
29/42
32/36
--
--
Category rows compare the Direct plans of 46 Flexi Cap funds. Rank 1 is the highest return.
NJ Flexi Cap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty 500 TRI
2026to date
−6.42%
−7.49%
−7.51%
2025
−1.49%
−2.91%
+7.76%
2024
+15.61%
+13.73%
+16.24%
NJ Flexi 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 36 periods, one for each trading day from 07-09-2026 to 30-10-2026.
0%2%4%6%8%10%12%
NJ Flexi Cap Fund (Direct)
Nifty 500 TRI
Sept 2023 to Sept 2026Sept 2023 to Sept 2026Sept 2023 to Sept 2026Oct 2023 to Oct 2026Oct 2023 to Oct 2026Oct 2023 to Oct 2026
NJ Flexi Cap Fund (Direct)Nifty 500 TRI
0%
0%
Below 0%
0%
0%
0-5%
83%
56%
5-10%
17%
44%
10-15%
0%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
530
−1.8%
−15.0%
61.3%
62%
5.3%
14%
2 years
282
−0.8%
−10.0%
19.0%
53%
5.4%
8%
3 years
36
9.1%
8.0%
10.3%
0%
9.7%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
26
−1.4%
−26.7%
65.8%
54%
4.1%
15%
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.
NJ Flexi Cap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
NJ Flexi Cap Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
−6.08%
−7.34%
Standard deviation
12.19%
14.48%
Sharpe ratio
-0.93
-0.87
Sortino ratio
-1.21
-1.16
Maximum drawdown
−14.6%
(30-03-2026)
−14.7%
(30-03-2026)
Beta
0.79
1.00
Alpha
−1.42%
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
NJ Flexi Cap Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+8.87%
+10.22%
Standard deviation
14.26%
14.30%
Sharpe ratio
0.20
0.29
Sortino ratio
0.27
0.40
Maximum drawdown
−26.7%
(30-03-2026)
−18.6%
(28-02-2025)
Beta
0.90
1.00
Alpha
−0.93%
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
NJ Flexi Cap Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+8.44%
+8.81%
Standard deviation
14.13%
14.17%
Sharpe ratio
0.17
0.19
Sortino ratio
0.23
0.26
Maximum drawdown
−26.7%
(30-03-2026)
−18.6%
(28-02-2025)
Beta
0.90
1.00
Alpha
−0.10%
0.00%
From daily NAVs, 06-09-2023 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.
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.
−30%−25%−20%−15%−10%−5%0%
NJ Flexi Cap Fund (Direct)
Nifty 500 TRI
202420252026
NJ Flexi Cap Fund (Direct)Nifty 500 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
NJ Flexi Cap Fund (Direct)
−26.7%
03-09-2024
30-03-2026
Not yet
--
−21.0%
Nifty 500 TRI
−18.6%
26-09-2024
28-02-2025
Not yet
--
−8.8%
From the Direct plan's daily NAV since 06-09-2023, 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.
NJ Flexi Cap Fund vs Other Flexi Cap Funds
The five Flexi 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.
NJ Flexi Cap Fund Expense Ratio and Costs
What each plan charges a year, in force from 09-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Flexi Cap median
Cost rank (1 = cheapest)
Direct
0.52%
0.04%
0.01%
0.27%
0.84%
0.96%
10/46
Regular
1.70%
0.04%
0.01%
0.48%
2.23%
2.19%
26/46
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 Flexi Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
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
−7.42%
−6.08%
1.34%
₹92,580
₹93,920
3 years
7.22%
8.87%
1.65% a year
₹1,23,261
₹1,29,040
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.
NJ Flexi 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 06-09-2023 to 30-10-2026: 38 instalments, ₹3,80,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planNJ Flexi Cap Fund (Direct)
₹3,80,000
₹3,74,373
−₹5,627
−0.9%
Regular planNJ Flexi Cap Fund (Regular)
₹3,80,000
₹3,65,390
−₹14,610
−2.4%
Nifty 500 TRI
₹3,80,000
₹3,91,054
₹11,054
1.8%
Category averageCategory average, 46 Flexi Cap funds
₹3,80,000
₹4,09,778
₹29,778
4.7%
₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L₹5.0 L
Direct planNJ Flexi Cap Fund (Direct)
Regular planNJ Flexi Cap Fund (Regular)
Nifty 500 TRI
Category averageCategory average, 46 Flexi Cap funds
Amount invested
202420252026
Direct planNJ Flexi Cap Fund (Direct)Regular planNJ Flexi Cap Fund (Regular)Nifty 500 TRICategory averageCategory average, 46 Flexi Cap fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI 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.
NJ Flexi Cap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
97.3%Equity
Asset
Fund
Category
Equity
97.3%
94.3%
Cash and others
2.1%
4.6%
Debt
0.5%
1.1%
Market cap of stocks
Market cap
Fund
Category
Large Cap
50.8%
51.2%
Mid Cap
29.5%
19.0%
Small Cap
15.8%
21.9%
Not on AMFI's list
1.2%
1.9%
Share of the whole fund. Category: the average of the Flexi 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.
NJ Flexi Cap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Pharmaceuticals & Biotechnology22.0%
Banks8.4%
Automobiles7.9%
Food Products6.6%
Auto Components6.5%
IT - Software5.0%
Healthcare Services4.9%
Finance4.3%
Agricultural Food & other Products4.2%
Consumer Durables3.9%
The ten largest of 22 sectors. The other 12 add up to 23.6%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Pharmaceuticals & Biotechnology
22.0%
21.8%
22.0%
0.0%
Banks
8.4%
8.5%
8.4%
0.0%
Automobiles
8.0%
8.3%
7.9%
−0.1%
Food Products
7.2%
7.1%
6.6%
−0.6%
Auto Components
5.6%
6.6%
6.5%
+0.9%
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.
NJ Flexi Cap Fund Portfolio Holdings
As on 30-09-2026 · 54 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
5.55%
−0.8%
Bosch Limited
Auto Components
5.18%
−0.8%
Dr. Lal Path Labs Limited
Healthcare Services
4.89%
−0.9%
Marico Limited
Agricultural Food & other Products
4.21%
−0.8%
Eicher Motors Limited
Automobiles
4.20%
−0.8%
ICICI Bank Limited
Banks
4.15%
−0.8%
Britannia Industries Limited
Food Products
3.79%
−0.8%
Cipla Limited
Pharmaceuticals & Biotechnology
3.63%
−0.8%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
3.45%
−0.8%
ITC Limited
Diversified FMCG
3.34%
−0.8%
Dr. Reddy's Laboratories Limited
Pharmaceuticals & Biotechnology
3.32%
−0.8%
Alkem Laboratories Limited
Pharmaceuticals & Biotechnology
3.26%
−0.8%
Oil & Natural Gas Corporation Limited
Oil
2.95%
−0.8%
Nestle India Limited
Food Products
2.83%
−0.8%
Pidilite Industries Limited
Chemicals & Petrochemicals
2.62%
−0.8%
Hero MotoCorp Limited
Automobiles
2.47%
−0.8%
Ajanta Pharma Limited
Pharmaceuticals & Biotechnology
2.43%
−0.8%
Page Industries Limited
Textiles & Apparels
2.37%
−0.8%
HDFC Bank Limited
Banks
2.32%
−0.8%
Kotak Mahindra Bank Limited
Banks
1.96%
−0.8%
Colgate Palmolive (India) Limited
Personal Products
1.39%
−0.8%
Bajaj Finance Limited
Finance
1.39%
−0.8%
The Great Eastern Shipping Company Limited
Transport Services
1.39%
−0.8%
Emami Limited
Personal Products
1.38%
−0.8%
Endurance Technologies Limited
Auto Components
1.30%
−0.8%
Havells India Limited
Consumer Durables
1.24%
−0.8%
Tech Mahindra Limited
IT - Software
1.23%
−0.8%
National Stock Exchange Of India Ltd
Capital Markets
1.20%
New
Bajaj Auto Limited
Automobiles
1.20%
−0.8%
HDFC Asset Management Company Limited
Capital Markets
1.17%
−0.8%
Indiamart Intermesh Limited
Retailing
1.17%
−0.8%
Aptus Value Housing Finance India Limited
Finance
1.15%
−0.8%
Muthoot Finance Limited
Finance
1.10%
−0.8%
Mphasis Limited
IT - Software
1.08%
−0.8%
Kajaria Ceramics Limited
Consumer Durables
1.04%
−0.8%
Tata Technologies Limited
IT - Services
0.99%
−0.8%
Castrol India Limited
Petroleum Products
0.99%
−0.8%
UTI Asset Management Company Limited
Capital Markets
0.95%
−0.8%
Hindustan Aeronautics Limited
Aerospace & Defense
0.91%
−0.8%
Berger Paints (I) Limited
Consumer Durables
0.87%
−0.8%
HCL Technologies Limited
IT - Software
0.84%
−0.8%
ABB India Limited
Electrical Equipment
0.80%
−0.8%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.70%
−0.8%
Tata Consultancy Services Limited
IT - Software
0.67%
−0.8%
Infosys Limited
IT - Software
0.65%
−0.8%
CRISIL Limited
Finance
0.65%
−0.8%
Tata Elxsi Limited
IT - Software
0.56%
−0.8%
Abbott India Limited
Pharmaceuticals & Biotechnology
0.38%
−0.8%
91 Days Tbill (MD 01/10/2026) · Treasury bill
Sovereign
0.23%
91 Days Tbill (MD 29/10/2026) · Treasury bill
Sovereign
0.15%
91 Days Tbill (MD 15/10/2026) · Treasury bill
Sovereign
0.08%
91 Days Tbill (MD 22/10/2026) · Treasury bill
Sovereign
0.08%
SBI Cards and Payment Services Limited
Finance
0.02%
−27.7%
Wipro Limited
IT - Software
0.01%
−34.7%
NJ Flexi Cap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Torrent Pharmaceuticals Limited
↓Reduced
−0.8%
5.55%
Bosch Limited
↓Reduced
−0.8%
5.18%
Dr. Lal Path Labs Limited
↓Reduced
−0.9%
4.89%
Eicher Motors Limited
↓Reduced
−0.8%
4.20%
ICICI Bank Limited
↓Reduced
−0.8%
4.15%
Marico Limited
↓Reduced
−0.8%
4.21%
Britannia Industries Limited
↓Reduced
−0.8%
3.79%
Cipla Limited
↓Reduced
−0.8%
3.63%
Sun Pharmaceutical Industries Limited
↓Reduced
−0.8%
3.45%
ITC Limited
↓Reduced
−0.8%
3.34%
Dr. Reddy's Laboratories Limited
↓Reduced
−0.8%
3.32%
Alkem Laboratories Limited
↓Reduced
−0.8%
3.26%
Nestle India Limited
↓Reduced
−0.8%
2.83%
Oil & Natural Gas Corporation Limited
↓Reduced
−0.8%
2.95%
Pidilite Industries Limited
↓Reduced
−0.8%
2.62%
Hero MotoCorp Limited
↓Reduced
−0.8%
2.47%
Ajanta Pharma Limited
↓Reduced
−0.8%
2.43%
Page Industries Limited
↓Reduced
−0.8%
2.37%
HDFC Bank Limited
↓Reduced
−0.8%
2.32%
Kotak Mahindra Bank Limited
↓Reduced
−0.8%
1.96%
Bajaj Finance Limited
↓Reduced
−0.8%
1.39%
Havells India Limited
↓Reduced
−0.8%
1.24%
Colgate Palmolive (India) Limited
↓Reduced
−0.8%
1.39%
The Great Eastern Shipping Company Limited
↓Reduced
−0.8%
1.39%
Emami Limited
↓Reduced
−0.8%
1.38%
Endurance Technologies Limited
↓Reduced
−0.8%
1.30%
HDFC Asset Management Company Limited
↓Reduced
−0.8%
1.17%
Bajaj Auto Limited
↓Reduced
−0.8%
1.20%
Tech Mahindra Limited
↓Reduced
−0.8%
1.23%
Indiamart Intermesh Limited
↓Reduced
−0.8%
1.17%
National Stock Exchange Of India Ltd
↑New
New
1.20%
Aptus Value Housing Finance India Limited
↓Reduced
−0.8%
1.15%
Mphasis Limited
↓Reduced
−0.8%
1.08%
Muthoot Finance Limited
↓Reduced
−0.8%
1.10%
Tata Technologies Limited
↓Reduced
−0.8%
0.99%
Kajaria Ceramics Limited
↓Reduced
−0.8%
1.04%
Castrol India Limited
↓Reduced
−0.8%
0.99%
UTI Asset Management Company Limited
↓Reduced
−0.8%
0.95%
Hindustan Aeronautics Limited
↓Reduced
−0.8%
0.91%
Berger Paints (I) Limited
↓Reduced
−0.8%
0.87%
ABB India Limited
↓Reduced
−0.8%
0.80%
HCL Technologies Limited
↓Reduced
−0.8%
0.84%
Crompton Greaves Consumer Electricals Limited
↓Reduced
−0.8%
0.70%
Tata Consultancy Services Limited
↓Reduced
−0.8%
0.67%
Infosys Limited
↓Reduced
−0.8%
0.65%
CRISIL Limited
↓Reduced
−0.8%
0.65%
Tata Elxsi Limited
↓Reduced
−0.8%
0.56%
Abbott India Limited
↓Reduced
−0.8%
0.38%
SBI Cards and Payment Services Limited
↓Reduced
−27.7%
0.02%
Wipro Limited
↓Reduced
−34.7%
0.01%
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.
NJ Flexi Cap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.84%
Expense ratio (Regular)
2.23%
Category
Flexi Cap
Risk
Very High
Benchmark
Nifty 500 TRI
Launch date
05-09-2023
Minimum investment
₹500
Minimum additional investment
₹500
AUM
Not available
Lock in
None
Scheme code (Direct)
151917
ISIN (Direct)
INF0J8L01156
Scheme code (Regular)
151920
ISIN (Regular)
INF0J8L01131
NAV history
From 06-09-2023, 3.1 years
Exit load
Nil
Tax on NJ Flexi Cap Fund returns
NJ Flexi 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
Growth
₹12.97
30-10-2026
direct
IDCW Payout
₹12.97
30-10-2026
regular
Growth
₹12.35
30-10-2026
regular
IDCW Payout
₹12.35
30-10-2026
About NJ Flexi Cap Fund
NJ Flexi Cap Fund is a mutual fund from NJ Mutual Fund. Its category is Flexi Cap. It was launched on 05-09-2023. Its benchmark is Nifty 500 TRI. At the end of September 2026 it held 54 securities.
The Direct plan NAV is ₹12.97. The Regular plan NAV is ₹12.35, as on 30-10-2026.
What are the returns of NJ Flexi Cap Fund?
The Direct plan returned −6.08% in 1 year, +8.87% a year over 3 years. The Regular plan returned −7.42% in 1 year, +7.22% a year over 3 years. These figures are as on 30-10-2026.
What is the expense ratio of NJ Flexi Cap Fund?
The Direct plan charges 0.84% a year. The Regular plan charges 2.23% a year. This is the figure the fund house reported to AMFI, in force from 09-10-2026.
What are the top holdings of NJ Flexi Cap Fund?
At the end of September 2026 the largest holdings were TORNTPHARM (5.55%), BOSCHLTD (5.18%), LALPATHLAB (4.89%), MARICO (4.21%), EICHERMOT (4.20%). The fund held 54 securities in all.
What did NJ Flexi Cap Fund buy and sell in September 2026?
It bought 1 new stock: National Stock Exchange Of India Ltd. It reduced 49.
How do I invest in NJ Flexi Cap Fund?
Through NJ 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 ₹500. You can invest once or through a monthly SIP.
Who is the fund manager of NJ Flexi Cap Fund?
Dhaval Patel, Viral Shah, Jaimin Ilavia.
What is the exit load of NJ Flexi Cap Fund?
Nil
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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