Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹21.8243+0.62% 1 day change	17.52% p.a.	App exclusive #NA View Ranked Funds	₹230 Cr

Historical NAV & returns

NAV: ₹21.8243 as on Oct 20, 2025

This fund Category average

Nippon India Diversified Equity Flexicap Passive FoF overview

Expense ratio	0.21% as on Sep 30, 2025
Exit load	0%
AUM (Fund size)	₹230 Cr
Lock-in Period	Nil
Age	4 yrs 10 m since Dec 10, 2020
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Nippon India Diversified Equity Flexicap Passive FoF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 17, 2025

Period	This fund	Category average
1 Month	3.42%	2.72%
3 Months	3.51%	3.22%
6 Months	9.66%	9.73%
1 Year	6.06%	5.16%
2 Years	19.42%	22.15%
3 Years	16.62%	20.02%
4 Years	12.17%	15.16%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 74.01%

Mid Cap 14.83%

Small Cap 10.24%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.01%

Allocation by Instruments

Mutual Fund 99.15%

Repo 0.92%

Margin Money 0.01%

Other Holdings

Nippon India ETF Nifty 100-IDCW 74.34%

Nippon India ETF Nifty Midcap 150 - Growth 14.1%

Nippon India Nifty Smallcap 250 Index Fund Direct - Growth 10.71%

Others 0.92%

Detailed portfolio analysis

Key risk & return ratios Compared to other funds in the category

Alpha	-0.34 vs. 5.24 Underperformed at beating benchmark
Sharpe	0.7 vs. 4.83 Poor risk-adjusted returns
Beta	0.99 vs. 0.82 More sensitive to market's ups & downs
Standard deviation	13.15 vs. 8.7 More volatile performance

Compare Nippon India Diversified Equity Flexicap Passive FoF in detail with

About this fund

About Nippon India Diversified Equity Flexicap Passive FoF

Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth is a Strategy mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 4 yrs 10 m, having been launched on 10/12/2020. Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth has ₹230 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth as of 20/10/2025 is ₹21.82. The fund has an expense ratio of 0.21%, which is less than what most other Strategy funds charge.

Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth returns of last 1-year are 1.14%. Since launch, it has delivered 17.64% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Unclassified sectors. It has taken less exposure in Unclassified sectors compared to other funds in the category.
The fund's top 5 holdings are in Nippon India ETF Nifty 100-IDCW, Nippon India ETF Nifty Midcap 150 - Growth, Nippon India Nifty Smallcap 250 Index Fund Direct - Growth.

...

Fund AUM	230 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Ashutosh Bhargava

Mr. Bhargava is B.Com & MBA (Finance) Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.

Investment objective

The scheme seek to long term capital growth by investing in units of ETFs/Index Funds of Nippon India Mutual Fund.

Nippon India Mutual Fund details

No. of schemes	71 view all schemes
Total AUM	6,63,684 Cr as on Sep 30, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Nippon India Small Cap Fund	N.A.	66,136 Cr	1.03%	33.81%
Nippon India Power & Infra Fund	N.A.	7,325 Cr	3.82%	32.99%
Nippon India Multi Cap Fund	N.A.	47,294 Cr	6.68%	31.34%
Nippon India Growth Mid Cap Fund	N.A.	39,329 Cr	7.27%	30.6%
Nippon India Nifty Smallcap 250 Index Fund	N.A.	2,563 Cr	1.21%	27.58%
Nippon India Value Fund	N.A.	8,791 Cr	6.2%	26.95%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Nippon India Diversified Equity Flexicap Passive FoF - Direct Growth plan is approximately ₹21.8243 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth is a 4 yrs 10 m old fund and has delivered average annual returns of 17.52% since inception.

Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth Returns

1-Year	3-Year	Since Inception
6.06%	16.62%	17.52%

How much does this mutual fund charge as expense ratio?

The Nippon India Diversified Equity Flexicap Passive FoF - Direct Growth has an expense ratio of 0.21%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Nippon India Diversified Equity Flexicap Passive FoF currently has assets under management (AUM) or fund size valued at approximately 230 Cr as on Sep 30, 2025.

What is risk level of Nippon India Diversified Equity Flexicap Passive FoF?

This is a Strategy fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

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

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Nippon India Diversified Equity Flexicap Passive FoF - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Nippon India Diversified Equity Flexicap Passive FoF is complete.

How can I redeem my investments in Nippon India Diversified Equity Flexicap Passive FoF?

Redeeming your investments in the Nippon India Diversified Equity Flexicap Passive FoF is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Strategy

#NA

Return Outperformance: This fund has generated highest return amongst Strategy funds in the last 1 Year.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.