ReviewDirect · Growth
Nippon India Multi Cap Fund
Nippon India Mutual FundEquity Scheme - Multi Cap Fund13.7 years
The scheme aims to invest in stocks across those sectors and industries where India's strong inherent potential is increasingly becoming visible to the world, which are driving our economy and whose fundamental future growth is influenced by ongoing economic reforms, FDI inflows and infrastructural changes.
- NAV
- 324.0605
- 15 Sept 2026
- 1Y
- -3.2%
- Trailing CAGR
- AUM
- ₹55,587 Cr
- 31 Aug 2026
- Volatility
- High
- 16.8% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-3.2%
- 3Y+12.0%
- 5Y+16.1%
- 10Y+15.3%
- SI+15.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-2.3%
- 3Y+5.3%
- 5Y+13.7%
- 10Y+17.0%
- Since inception
- +15.5%
- Calendar-day CAGR
- Excess 1Y
- -9.3%
- Category median, same plan and option
- 3Y win rate
- +46%
- Windows beating the median
- 3Y percentile
- 42
- Vs comparable share classes
- Worst rolling 3Y
- -8.9%
- 2637 daily-ending windows
- Median rolling 3Y
- +17.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +98%
- 2144 daily-ending windows
- SIP 3Y XIRR
- +5.3%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 18 days
- 131 recovered episodes
- Longest recovery
- 385 days
- Trough to prior peak
- Current spell
- 41 days
- Days below latest peak
- Time below peak
- +89%
- NAV observations
27 May 2019 – 12 Jan 2021
Trough 23 Mar 2020 · recovered in 295 days
-42.8%
6 Aug 2015 – 16 Mar 2017
Trough 25 Feb 2016 · recovered in 385 days
-23.4%
4 Jan 2013 – 20 Dec 2013
Trough 28 Aug 2013 · recovered in 114 days
-19.5%
26 Sept 2024 – 17 Sept 2025
Trough 3 Mar 2025 · recovered in 198 days
-18.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
42
Vs category
0
Consistency
56
Risk-adjusted
58
Drawdown
0
Mean
31
Portfolio
31 Aug 2026 · 121 holdings · top 10 are 28.8%.
- Top 5
- 20.1%
- Top 10
- 28.8%
- Largest holding
- 6.6%
- Effective holdings
- 57.8
HDFC Bank Ltd
Financial
6.6%
Axis Bank Ltd
Financial
5.1%
Infosys Ltd
Technology
3.4%
ICICI Bank Ltd
Financial
3.1%
Larsen & Toubro Ltd
Industrials
1.8%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Review
Engine status
Review
Closer look
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 66% of rolling 1-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
BANK OF INDIA MULTI CAP FUND
Bank of India Mutual Fund
- 1Y
- +10.5%
- 3Y
- +16.7%
- Vol
- 15.1%
- Max DD
- -20.3%
- Sharpe
- 1.08
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
LIC MF Multi Cap Fund
LIC Mutual Fund
- 1Y
- +10.4%
- 3Y
- +17.5%
- Vol
- 14.2%
- Max DD
- -19.3%
- Sharpe
- 0.96
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
TRUSTMF MULTI CAP FUND
Trust Mutual Fund
- 1Y
- +14.6%
- 3Y
- n/a
- Vol
- 14.2%
- Max DD
- -12.7%
- Sharpe
- 0.73
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Union Multicap Fund
Union Mutual Fund
- 1Y
- +8.0%
- 3Y
- +13.9%
- Vol
- 14.0%
- Max DD
- -19.8%
- Sharpe
- 0.90
- 3Y win
- +99%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Bajaj Finserv Multi Cap Fund
Bajaj Finserv Mutual Fund
- 1Y
- +8.9%
- 3Y
- n/a
- Vol
- 13.9%
- Max DD
- -14.2%
- Sharpe
- 0.66
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns