Nippon India Multi Cap Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

Nippon India Mutual Fund · Equity fund · Direct plan · IDCW

Multi CapDirect · IDCWRisk: Very High

NAV · 6 Nov 2026

₹329.5370 ▲ 0.77%

Nippon India Mutual Fund

Fund size₹55,566 crJuly - September 2026

1-month range₹304.91 – 329.54

1 year-0.57%

3 years+13.78%a year

5 years+16.35%a year

What the fund does

The primary investment objective of the scheme is to seek to generate capital appreciation & provide long term 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. There is no assurance that the investment objective of the Scheme will be achieved

BenchmarkNIFTY 500 Multicap 50:25:25 TRI

Launched28 Mar 2005

Fund houseNippon India Mutual Fund

Fund managersFM -1 Sailesh Raj BhanFM -2 Yatin Matta (Assistant Fund Manager)

NAV history

Returns

1 week

+6.40%avg 5.5%

1 month

+3.22%avg 2.4%

3 months

-3.14%avg -1.2%

6 months

-1.33%avg 3.8%

This year

-0.46%avg 4.5%

1 year

-0.57%avg 4.9%

3 years (a year)

+13.78%avg 15.5%

5 years (a year)

+16.35%avg 13.8%

Bars: this plan; the thin mark is the Multi Cap average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-0.7
2025	-6.3	-7.3	+7.4	+2.1	+7.3	+2.8	-1.1	-1.0	+0.5	+2.4	-0.1	-0.8
2026	-4.2	+3.2	-10.5	+11.5	+0.3	+1.7	+0.6	+0.5	-5.1	-3.1	+6.4

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held120123 lines in all

Top 10 stocks28.4%of the fund

Short positions-0.2%sold through derivatives

Net equity99.2%long stocks and derivatives minus shorts

Where the money is

Equity 99.3%Cash & others 0.7%Short -0.2%

Sectors (stocks held)

Banks

17.6%

Retailing

9.9%

Pharmaceuticals & Biotechnology

7.9%

Consumer Durables

6.9%

Leisure Services

5.8%

Electrical Equipment

5.0%

IT - Software

5.0%

Power

4.3%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	99.3%	99.2%	+0.08
Short positions	-0.2%	-0.1%	-0.05
Cash & others	0.7%	0.8%	-0.08
Top 10 stocks	28.4%	28.8%	-0.39
Number of stocks	120	120	0

New stocks 3

TVS Motor Company Limited0.47%
Power Finance Corporation Limited0.39%
Go Digit General Insurance Limited0.25%

Stocks sold off 3

InterGlobe Aviation Limitedwas 0.46%
JSW Energy Limitedwas 0.21%
Afcons Infrastructure Limitedwas 0.13%

Bought more 4

HDFC Bank Limited+0.42
Avenue Supermarts Limited+0.42
LG Electronics India Ltd+0.38
Multi Commodity Exchange of India Limited+0.31

Cut back 4

Tata Consultancy Services Limited-0.42
Reliance Industries Limited-0.38
Infosys Limited-0.37
Dixon Technologies (India) Limited-0.27

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 120

Holding	Sector / type	% of fund
HDFC Bank Limited INE040A01034	Banks	7.06%
Axis Bank Limited INE238A01034	Banks	5.07%
Infosys Limited INE009A01021	IT - Software	3.06%
ICICI Bank Limited INE090A01021	Banks	2.97%
Linde India Limited INE473A01011	Chemicals & Petrochemicals	1.79%
NTPC Limited INE733E01010	Power	1.79%
Larsen & Toubro Limited INE018A01030	Construction	1.74%
Samvardhana Motherson International Limited INE775A01035	Auto Components	1.70%
Bajaj Finance Limited INE296A01032	Finance	1.63%
Swiggy Limited INE00H001014	Retailing	1.63%
Avenue Supermarts Limited INE192R01011	Retailing	1.63%
GE Vernova T&D India Limited INE200A01026	Electrical Equipment	1.58%
Max Financial Services Limited INE180A01020	Insurance	1.51%
ITC Limited INE154A01025	Diversified FMCG	1.49%
Jubilant Foodworks Limited INE797F01020	Leisure Services	1.49%
Kennametal India Limited INE717A01029	Industrial Manufacturing	1.40%
Mahindra & Mahindra Limited INE101A01026	Automobiles	1.35%
Reliance Industries Limited INE002A01018	Petroleum Products	1.34%
AU Small Finance Bank Limited INE949L01017	Banks	1.27%
Multi Commodity Exchange of India Limited INE745G01043	Capital Markets	1.27%
State Bank of India INE062A01020	Banks	1.23%
Vesuvius India Limited INE386A01023	Industrial Products	1.19%
FSN E-Commerce Ventures Limited INE388Y01029	Retailing	1.19%
Divi's Laboratories Limited INE361B01024	Pharmaceuticals & Biotechnology	1.15%
Sai Life Sciences Limited INE570L01029	Pharmaceuticals & Biotechnology	1.13%
Tata Power Company Limited INE245A01021	Power	1.08%
Siemens Energy India Limited INE1NPP01017	Electrical Equipment	1.00%
Tata Consultancy Services Limited INE467B01029	IT - Software	0.99%
Aditya Birla Sun Life AMC Limited INE404A01024	Capital Markets	0.96%
Voltas Limited INE226A01021	Consumer Durables	0.96%
Eternal Limited INE758T01015	Retailing	0.96%
Page Industries Limited INE761H01022	Textiles & Apparels	0.95%
Balkrishna Industries Limited INE787D01026	Auto Components	0.92%
LG Electronics India Ltd INE324D01010	Consumer Durables	0.92%
HCL Technologies Limited INE860A01027	IT - Software	0.91%
EIH Limited INE230A01023	Leisure Services	0.91%
Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	0.91%
Colgate Palmolive (India) Limited INE259A01022	Personal Products	0.90%
Devyani International Limited INE872J01023	Leisure Services	0.88%
Emami Limited INE548C01032	Personal Products	0.84%
Trent Limited INE849A01020	Retailing	0.82%
Vishal Mega Mart Limited INE01EA01019	Retailing	0.80%
The Indian Hotels Company Limited INE053A01029	Leisure Services	0.79%
Vijaya Diagnostic Centre Limited INE043W01024	Healthcare Services	0.78%
PVR INOX Limited INE191H01014	Entertainment	0.75%
ICICI Lombard General Insurance Company Limited INE765G01017	Insurance	0.75%
Crompton Greaves Consumer Electricals Limited INE299U01018	Consumer Durables	0.74%
Abbott India Limited INE358A01014	Pharmaceuticals & Biotechnology	0.74%
Dixon Technologies (India) Limited INE935N01020	Consumer Durables	0.73%
CG Power and Industrial Solutions Limited INE067A01029	Electrical Equipment	0.72%
Westlife Foodworld Limited INE274F01020	Leisure Services	0.72%
Lupin Limited INE326A01037	Pharmaceuticals & Biotechnology	0.72%
Niva Bupa Health Insurance Company Limited INE995S01015	Insurance	0.71%
SBI Cards and Payment Services Limited INE018E01016	Finance	0.70%
NTPC Green Energy Limited INE0ONG01011	Power	0.70%
PB Fintech Limited INE417T01026	Financial Technology (Fintech)	0.69%
ITC Hotels Limited INE379A01028	Leisure Services	0.69%
Gillette India Limited INE322A01010	Personal Products	0.66%
United Breweries Limited INE686F01025	Beverages	0.65%
Cipla Limited INE059A01026	Pharmaceuticals & Biotechnology	0.64%
Gland Pharma Limited INE068V01023	Pharmaceuticals & Biotechnology	0.64%
Berger Paints (I) Limited INE463A01038	Consumer Durables	0.60%
Aditya Birla Lifestyle Brands Limited INE14LE01019	Retailing	0.60%
KEC International Limited INE389H01022	Construction	0.59%
Kansai Nerolac Paints Limited INE531A01024	Consumer Durables	0.59%
ZF Commercial Vehicle Control Systems India Limited INE342J01019	Auto Components	0.57%
Blue Star Limited INE472A01039	Consumer Durables	0.56%
Vedanta Aluminium Metal Limited INE1CDF01017	Non - Ferrous Metals	0.56%
Emcure Pharmaceuticals Limited INE168P01015	Pharmaceuticals & Biotechnology	0.56%
Info Edge (India) Limited INE663F01032	Retailing	0.56%
ICICI Prudential Life Insurance Company Limited INE726G01019	Insurance	0.54%
JSW Dulux Limited INE133A01011	Consumer Durables	0.52%
Meesho Ltd INE0VDM01015	Retailing	0.52%
Schneider Electric Infrastructure Limited INE839M01018	Electrical Equipment	0.51%
Ajanta Pharma Limited INE031B01049	Pharmaceuticals & Biotechnology	0.50%
Container Corporation of India Limited INE111A01025	Transport Services	0.50%
TVS Motor Company Limited INE494B01023	Automobiles	0.47%
ABB India Limited INE117A01022	Electrical Equipment	0.45%
Syngene International Limited INE398R01022	Healthcare Services	0.45%
Timken India Limited INE325A01013	Industrial Products	0.45%
Vedant Fashions Limited INE825V01034	Retailing	0.45%
IPCA Laboratories Limited INE571A01038	Pharmaceuticals & Biotechnology	0.44%
Delhivery Limited INE148O01028	Transport Services	0.44%
SBI Life Insurance Company Limited INE123W01016	Insurance	0.43%
JK Cement Limited INE823G01014	Cement & Cement Products	0.42%
Dr. Lal Path Labs Limited INE600L01024	Healthcare Services	0.42%
Power Finance Corporation Limited INE134E01011	Finance	0.39%
Billionbrains Garage Ventures Ltd INE0HOQ01053	Capital Markets	0.38%
Sheela Foam Limited INE916U01025	Consumer Durables	0.38%
Triveni Turbine Limited INE152M01016	Electrical Equipment	0.38%
CESC Limited INE486A01021	Power	0.36%
NLC India Limited INE589A01014	Power	0.36%
Mahindra Logistics Limited INE766P01016	Transport Services	0.36%
Hitachi Energy India Limited INE07Y701011	Electrical Equipment	0.35%
3M India Limited INE470A01017	Diversified	0.34%
VRL Logistics Limited INE366I01010	Transport Services	0.32%
Whirlpool of India Limited INE716A01013	Consumer Durables	0.31%
Shoppers Stop Limited INE498B01024	Retailing	0.31%
MedPlus Health Services Limited INE804L01022	Retailing	0.31%
UTI Asset Management Company Limited INE094J01016	Capital Markets	0.28%
Kajaria Ceramics Limited INE217B01036	Consumer Durables	0.27%
Kaynes Technology India Limited INE918Z01012	Industrial Manufacturing	0.27%
Sapphire Foods India Limited INE806T01020	Leisure Services	0.27%
Piramal Finance Limited INE202B01038	Finance	0.26%
Pfizer Limited INE182A01018	Pharmaceuticals & Biotechnology	0.26%
Go Digit General Insurance Limited INE03JT01014	Insurance	0.25%
Cummins India Limited INE298A01020	Industrial Products	0.23%
Cyient Dlm Ltd INE055S01018	Aerospace & Defense	0.22%
Kalpataru Projects International Limited INE220B01022	Construction	0.22%
Clean Science and Technology Limited INE227W01023	Chemicals & Petrochemicals	0.21%
TeamLease Services Limited INE985S01024	Commercial Services & Supplies	0.21%
Sanofi Consumer Healthcare India Limited INE0UOS01011	Pharmaceuticals & Biotechnology	0.19%
TCI Express Limited INE586V01016	Transport Services	0.19%
Indigo Paints Limited INE09VQ01012	Consumer Durables	0.18%
CARE Ratings Limited INE752H01013	Capital Markets	0.16%
Bluestone Jewellery and Lifestyle Limited INE304W01038	Consumer Durables	0.15%
Awfis Space Solutions Limited INE108V01019	Commercial Services & Supplies	0.13%
Go Fashion (India) Limited INE0BJS01011	Retailing	0.12%
GlaxoSmithKline Pharmaceuticals Limited INE159A01016	Pharmaceuticals & Biotechnology	0.06%
Aditya Birla Fashion and Retail Limited INE647O01011	Retailing	0.04%

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Short positions 1

Holding	Sector / type	% of fund
Net Current Assets	–	-0.16%

Debt, money market and cash 2

Holding	Sector / type	% of fund
Triparty Repo	–	0.84%
Cash Margin - CCIL	–	0.01%

From the fund house's monthly portfolio (mf.nipponindiaim.com), as on 30 Sept 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility14.6%yearly, from daily NAVs

Worst fall-36.11%31 May 2019 → 31 Mar 2020

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)	₹55,566 cr across all plans · this plan ₹0.79 cr
Fund house	Nippon India Mutual Fund
Category	Equity · Multi Cap
Plan	Direct
Option	IDCW
Exit load	10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load, Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, thereafter.
Minimum investment	₹100 · additional ₹100
Scheme code (AMFI)	118651
ISIN	INF204K01D55
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹329.5370	-0.57%
Direct · IDCW	₹85.2678	-7.66%
Regular · Growth	₹297.3888	-1.31%
Regular · IDCW	₹297.3888	-1.31%
Regular · IDCW	₹58.5830	-8.37%

Top Multi Cap funds (direct plans)

Fund	1 year	3 years (a year)
WhiteOak Capital Multi Cap Fund	+5.68%	+18.99%
LIC MF Multi Cap Fund	+7.86%	+18.46%
Mahindra Manulife Multi Cap Fund	+10.38%	+18.05%
HSBC Multi Cap Fund	+5.62%	+17.67%
ITI Multi Cap Fund	+12.23%	+17.50%
Kotak Multi Cap Fund	+2.70%	+17.14%
Edelweiss Multi Cap Fund	+4.95%	+16.80%
Union Multicap Fund	+9.69%	+15.94%

All Multi Cap funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Nippon India Multi Cap Fund - Direct Plan - IDCW today?

₹329.5370 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Nippon India Multi Cap Fund - Direct Plan - IDCW?

1 year: -0.57%, 3 years: 13.78% a year, 5 years: 16.35% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.