Greeting To Our Readers! 


Nippon Life India Asset Management Limited (NAM India) launched an NFO (New Fund Offer), for Nippon India Flexi Cap Fund.  The fund is open for subscription from 26th July 2021, and its subscription will close on August 9, 2021.

Let us get more details about the NFO!


Basic Details About The NFO…

  • Fund Name- Nippon India Flexi Cap Fund
  • Type- It is an open-ended dynamic equity scheme that invests across different equity market-caps, that is large-cap, mid-cap, small-cap stocks.
  • Subscription open date- 26th July 2021
  • Subscription close date- 9th August 2021
  • Benchmark- Nifty 500 Index TRI
  • Minimum Amount for Application during NFO- Rs 500 and in multiples of Re. 1 thereafter
  • Minimum Additional Purchase Amount- Rs 100 and in multiples of Rs. 1 after that
  • Plans- Both Direct and Regular Plans are available
  • Options- Both Growth and Income distribution cum Capital Withdrawal (Dividend Option) available.
  • Min. SIP Amount- Rs 1,000 for a minimum of 12 months


Investment Objective…

Nippon India Flexi-cap fund invests across different market-caps like large-cap, mid-cap, small-cap stocks. The allocation strategy followed by it for equity and equity-related instruments is a minimum of 65% and a maximum of 100%.

While the allocation strategy followed for Debt and Money Market Instruments ranges from 0% (minimum) to 35% (maximum).

The fund will employ bottom-up stock selection and a suitable allocation approach for identifying opportunities in high growth themes. As per the experts, the initial game of the fund will include recovering themes such as technology or those thriving on new business models.

The fund will also include industry leaders in its portfolio through its large-cap holdings, while in the mid and small caps the target would be on new age and core growth companies.


Exit Load Trends In The NFO…

The fund has no entry load however it has three different terms for exit load listed below:

  • If the investor withdraws up to 10% of the units in his investment before 12 months from the allotment of units, he won't have to pay any exit load.
  • If the investor redeems or switches more than 10% of the units on or before 12 months from the date of allotment of units, there will be a 1% exit load charge.
  • If the investor redeems or switches more than 10% of the units but after 12 months from allotment of units, then he won't be charged with any kind of exit load.


Fund Managers Of The NFO…

All the fund managers managing this NFO are experienced for more than 10 years. The name of the fund managers managing this new NFO is Manish Gunwani, CIO - Equity Investments along with Dhrumil Shah, Varun Goenka & Nikhil Rungta (Co-Fund Manager), and Kinjal Desai, Fund Manager - Overseas.


Who Should Invest In This NFO? 

This NFO is basically for investors' who can afford a riskier portfolio as the funds' investments are spread across market capitalization. However, investors looking towards generating good returns in the long term can look forward to investing in this scheme.


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For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.


Happy Investing!


(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).