Nippon India Multi Cap Fund

Review Date: 08-04-2025

Beginning of Analysis

In the Multi Cap Fund category, Nippon India Multi Cap Fund is the second ranked fund. The category has total 14 funds. The 5 star rating shows an excellent past performance of the Nippon India Multi Cap Fund in Multi Cap Fund. The fund has a Jensen Alpha of 6.51% which is higher than the category average of 1.4%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.89 which is higher than the category average of 0.59.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Multi Cap Mutual Funds are ideal for investors seeking long-term capital appreciation by investing across large-cap, mid-cap, and small-cap stocks. These funds offer flexibility to the fund manager to dynamically allocate the portfolio based on market conditions, making them suitable for varying market cycles. While they provide the potential for higher returns, they also carry higher risks due to their exposure to mid-cap and small-cap stocks. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in Multi Cap Funds. Additionally, the success of these funds depends heavily on the fund manager's skill in identifying opportunities and managing the portfolio effectively.

Nippon India Multi Cap Fund Return Analysis

• The fund has given a return of 0.7%, -9.5 and -13.17 in last one, three and six months respectively. In the same period the category average return was 0.86%, -11.06% and -13.45% respectively.
• Nippon India Multi Cap Fund has given a return of 2.2% in last one year. In the same period the Nifty 500 Multicap 50:25:25 TRI return was -1.07%. The fund has given 3.27% more return than the benchmark return.
• The fund has given a return of 19.15% in last three years and rank 2nd out of 14 funds in the category. In the same period the Nifty 500 Multicap 50:25:25 TRI return was 12.84%. The fund has given 6.31% more return than the benchmark return.
• Nippon India Multi Cap Fund has given a return of 32.62% in last five years and category average returns is 28.61% in same period. The fund ranked 1st out of seven funds in the category. In the same period the Nifty 500 Multicap 50:25:25 TRI return was 28.26%. The fund has given 4.36% more return than the benchmark return.
• The fund has given a return of 13.68% in last ten years and ranked 3rd out of five funds in the category. In the same period the Nifty 500 Multicap 50:25:25 TRI return was 13.3%. The fund has given 0.38% more return than the benchmark return.
• The fund has given a SIP return of -13.29% in last one year whereas category average SIP return is -13.81%. The fund one year return rank in the category is 10th in 24 funds
• The fund has SIP return of 17.28% in last three years and ranks 3rd in 14 funds. Kotak Multicap Fund has given the highest SIP return (18.87%) in the category in last three years.
• The fund has SIP return of 24.0% in last five years whereas category average SIP return is 19.26%.

Nippon India Multi Cap Fund Risk Analysis

• The fund has a standard deviation of 14.79 and semi deviation of 10.51. The category average standard deviation is 15.3 and semi deviation is 11.08.
• The fund has a Value at Risk (VaR) of -17.49 and a maximum drawdown of -18.11. The category average VaR is -20.23 and the maximum drawdown is -19.17. The fund has a beta of 0.89 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.

Very Good Performance in Multi Cap Fund Category

Good Performance in Multi Cap Fund Category

Poor Performance in Multi Cap Fund Category

Very Poor Performance in Multi Cap Fund Category