Question 1

How to invest in Nippon India Flexicap Growth Direct Plan?

Accepted Answer

Kuvera makes mutual fund investments simpler and faster. To invest in Nippon India Flexicap Growth Direct Plan, login to Kuvera and search for Nippon India Flexicap Growth Direct Plan. You can also go to "Invest", select "All Mutual Funds" and scroll to Nippon India Flexicap Growth Direct Plan. Click on this to check details on the fund's performance and fundamentals. Depending on your risk appetite and investment objective, select either the Monthly SIP or One time (Lump sum investment) option and complete the investment process.

Question 2

What kind of returns has Nippon India Flexicap Growth Direct Plan provided?

Accepted Answer

Nippon India Flexicap Growth Direct Plan has given 39.7% over the last 1 year , 0.0% over the last 3 years, 0.0% over the last 5 years and 18.2% since its inception.

Question 3

What is the minimum SIP amount of Nippon India Flexicap Growth Direct Plan?

Accepted Answer

Minimum SIP amount required for Nippon India Flexicap Growth Direct Plan is INR 100.

Question 4

What is the minimum lump sum amount required to invest in Nippon India Flexicap Growth Direct Plan?

Accepted Answer

Minimum lump sum amount required for Nippon India Flexicap Growth Direct Plan is INR 500.

Question 5

How to start Nippon India Flexicap Growth Direct Plan SIP online?

Accepted Answer

Create an account on Kuvera to invest in over 5000 direct mutual funds from the leading AMCs in India. To start an SIP for Nippon India Flexicap Growth Direct Plan online, follow the steps given below:

Step 1: Login to Kuvera and click on Invest and then select Mutual Funds.

Step 2: Search by name, or scroll to Nippon India Flexicap Growth Direct Plan and click on it.

Step 3: Choose Monthly SIP and enter the SIP amount and date for every month.

Step 4: Complete the fund transfer and you are done!

You can explore SIP, STP and SWP tabs in your cart to see all the funds that have existing SIPs.

Question 6

How to redeem Nippon India Flexicap Growth Direct Plan?

Accepted Answer

Redeeming mutual funds on Kuvera is fast and hassle-free. To redeem Nippon India Flexicap Growth Direct Plan, just go to your portfolio on the Kuvera app or website, click on the "Redeem" option under Nippon India Flexicap Growth Direct Plan, enter your desired amount, or check the "Yes" next to Redeem all units if you want to redeem your entire holding.

Question 7

Can I invest in SIP and Lump sum of Nippon India Flexicap Growth Direct Plan IDCW?

Accepted Answer

Yes, you can invest in Nippon India Flexicap Growth Direct Plan IDCW on Kuvera through SIP and Lump sum options. Follow these steps to get started :

On Kuvera app :

Step 1: Login and click on Invest and All Mutual Funds.

Step 2: Click on Filter, select "Plan" type as "Dividend". You will see the IDCW plans.

Step 3: Select Nippon India Flexicap Growth Direct Plan and choose Monthly SIP or One Time investment options.

On Kuvera website

Step 1: Login and click on Invest on the home screen, select Mutual Funds.

Step 2:Turn the toggle from "Growth" to "Dividend" and you will see the results of all the IDCW plans.

Step 3: Select Nippon India Flexicap Growth Direct Plan and choose Monthly SIP or One Time (Lump sum) investment options.

Question 8

How to start Nippon India Flexicap Growth Direct Plan SIP online?

Accepted Answer

Create an account on Kuvera to invest in over 5000 direct mutual funds from the leading AMCs in India. To start an SIP for Nippon India Flexicap Growth Direct Plan online, follow the steps given below:

Step 1: Login to Kuvera and click on Invest and then select Mutual Funds.

Step 2: Search by name, or scroll to Nippon India Flexicap Growth Direct Plan and click on it.

Step 3: Choose Monthly SIP and enter the SIP amount and date for every month.

Step 4: Complete the fund transfer and you are done!

You can explore SIP, STP and SWP tabs in your cart to see all the funds that have existing SIPs.

Question 9

What is the expense ratio of Nippon India Flexicap Growth Direct Plan?

Accepted Answer

Expense ratio is the amount (in percentage) which is charged by the mutual fund as a fee for managing your investment. Expense ratio of Nippon India Flexicap Growth Direct Plan is 0.45% as on 17/05/2024.

Question 10

What is the NAV of Nippon India Flexicap Growth Direct Plan?

Accepted Answer

NAV is the market value of the securities/assets held by the mutual fund divided by the total number of units issued by it. In simple terms, it is the price of a unit of the mutual fund. NAV of Nippon India Flexicap Growth Direct Plan is INR 15.68 as on 16/05/2024.

Question 11

What is the total asset under management of Nippon India Flexicap Growth Direct Plan?

Accepted Answer

Nippon India Flexicap Growth Direct Plan has assets under management worth INR 6790 Cr.

Question 12

What is risk category of the Nippon India Flexicap Growth Direct Plan?

Accepted Answer

As per SEBI regulations, all mutual funds should indicate the level of risk involved with investing in the mutual fund. There are five levels of risk (a) Low: Principal at low risk, (b) Moderately Low: Principal at moderately low risk, (c) Moderate: Principal at moderate risk, (d) Moderately High: Principal at moderately high risk, (e) High: Principal at high risk. Risk category of Nippon India Flexicap Growth Direct Plan is Very High Risk.

Question 13

What are the top holdings of Nippon India Flexicap Growth Direct Plan?

Accepted Answer

The top 10 holdings of the Nippon India Flexicap Growth Direct Plan as on 17/05/2024 are HDFC Bank Ltd at 6.53%, ICICI Bank Ltd at 4.67%, Larsen & Toubro Ltd at 3.68%, Reliance Industries Ltd at 3.41%, Triparty Repo at 3.38%, Axis Bank Ltd at 3.32%, Infosys Ltd at 3.28%, Varun Beverages Ltd at 2.67%, Electronics Mart India Ltd at 2.52%, NTPC Ltd at 2.30% .

Question 14

How will the gains from the Nippon India Flexicap Growth Direct Plan be taxed?

Accepted Answer

Nippon India Flexicap Growth Direct Plan is an equity mutual fund and the capital gains made from it are taxed at the rate of 10% for long term gains (if you hold your units for 1 year or more) and at the rate of 15% for short terms gains (if you hold your units for less than a year).

Question 15

What is the investment objective of Nippon India Flexicap Growth Direct Plan?

Accepted Answer

Investment objective of the Nippon India Flexicap Growth Direct Plan:

The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. The fund will have the flexibility to invest in a broad range of companies with an objective to maximize the returns, at the same time trying to minimize the risk by reasonable diversification. However there can be no assurance that the investment objective of the scheme will be realized, as actual market movements may be at variance with anticipated trends.

Question 16

What is the category of the Nippon India Flexicap Growth Direct Plan?

Accepted Answer

The category of the Nippon India Flexicap Growth Direct Plan is Flexi Cap Fund.

Question 17

Who is the fund manager of Nippon India Flexicap Growth Direct Plan?

Accepted Answer

Nippon India Flexicap Growth Direct Plan is managed by Meenakshi Dawar , Dhrumil Shah and Kinjal Desai as on 17/05/2024.

Question 18

What is the exit load for Nippon India Flexicap Growth Direct Plan?

Accepted Answer

Exit load is the fee/penalty which some of the mutual funds charge in case an investor decides to sell his/her mutual fund units within the exit load window. Exit load for Nippon India Flexicap Growth Direct Plan is

• 1% for redemption within 365 days

Nippon India Flexicap Growth Direct Plan

Nippon India Flexicap Growth Direct Plan

FAQs