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Nippon India Passive Flexicap FoF Fund

An Open ended fund of funds scheme investing in units of Domestic Exchange Traded Funds (ETFs)/ Index Funds

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This product is suitable for investors who are seeking*:

  • long term capital appreciation
  • investment in units of Domestic ETFs/Index Funds

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Fund Riskometer

Nippon India Passive Flexicap FoF Fund

Benchmark Riskometer

Nifty 500 TRI

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  • Investment Objective:
    The investment objective of the Scheme is to seek to long term capital growth by investing in units of Domestic ETFs/Index Funds. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (21 Jun 2024)20.0885


NAV as on May 31, 2024: `19.0672

Performance of Nippon India Passive Flexicap FoF as on 31/05/2024
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception%
Nippon India Passive Flexicap FoF34.0317.08NA20.81
B:Nifty 500 TRI35.0618.08NA20.49
AB:BSE Sensex TRI19.5713.92NA14.98
Value of `10000 Invested
Nippon India Passive Flexicap FoF13,41416,055NA19,067
B:Nifty 500 TRI13,51716,470NA18,892
AB:BSE Sensex TRI11,96314,788NA16,107
Inception Date: Jan 1, 2021
B - Benchmark    |   AB - Additional Benchmark |   TRI - Total Return Index
Fund Manager: Ashutosh Bhargava (Since Jan 2023)

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Ashutosh Bhargava

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Multi Cap Fund49.7542.1830.5920.9921.4220.55
Nippon India Quant Fund42.1132.4521.3917.2919.3717.43
Nippon India ELSS Tax Saver Fund42.1035.0620.6318.0815.4517.83
Bottom 3
Nippon India Balanced Advantage Fund22.6919.1412.0911.3811.6212.72
Nippon India Equity Savings Fund11.4513.058.358.903.249.51
Nippon India Retirement Fund - Income Generation Scheme10.7610.416.997.187.188.83

Note:

a.Mr. Ashutosh Bhargava manages 11 open-ended scheme of Nippon India Mutual Fund.

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth plan (Regular Plan).

TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

Mr. Ashutosh Bhargava has been managing Nippon India Balanced Advantage Fund since May 2018, Nippon India Quant Fund since Sep 2017, Nippon India ELSS Tax Saver Fund​ since july 2020, Nippon India Multi Asset Fund since Aug 2020,Nippon India Asset Allocator FoF since Feb 2021,Nippon India Multi Cap Fund since Sep 2021,Nippon India Large Cap Fund since Sep 2021,Nippon India Passive Flexicap FoF since Jan 2023,Nippon India Retirement Fund - Income Generation Scheme since April 2024,Nippon India Retirement Fund - Wealth Creation Scheme since April 2024,Nippon India Equity Savings Fund since April 2024.

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investments. Returns for 1 year and above are compounded annualized(CAGR) and returns less than 1 year are simple annualized basis. 6 months simple annualized returns are provided for the schemes that are in existence for more than 6 months but have not completed 1 year.IDCW (if any) are assumed to be reinvested at the prevailing NAV. In case of Nippon India ETF Liquid BeES, returns are based on gross IDCW per unit declared by the Fund. Bonus (if any) declared has been adjusted.Face value of schemes is `10 per unit, except for the schemes as specified here. Face Value of Nippon India Liquid Fund, Nippon India Money Market Fund Nippon India Ultra Short Duration Fund, Nippon India Low Duration Fund and Nippon India ETF Liquid BeES is `1000 per unit. Face value of Nippon India ETF Junior BeES is `1.25 per unit. Face value of Nippon India Overnight Fund is `100 per unit. Face Value of Nippon India ETF Nifty BeES, Nippon India ETF Bank BeES, Nippon India ETF PSU Bank BeES, Nippon India ETF NV20, Nippon India ETF Hang Seng BeES, Nippon India ETF Gold BeES is `1 per unit. In case, the start/end date of the concerned period is non-business day, NAV of the previous date is considered for computation of returns. Performance details of closed ended and interval schemes are not provided since these are not comparable with other schemes. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

Finance Act 2020 has abolished dividend distribution tax on dividend declared and paid by Mutual Fund scheme. W.e.f. 01.04.2020 dividend received from Mutual fund scheme is taxable in the hands of investor and mutual fund scheme is required to withhold tax on dividend as per applicable rate.








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Fund Details

  • Inception Date1 Jan 2021
  • Fund ManagerMr. Ashutosh Bhargava
Current Investment Philosophy
    • The fund of funds scheme will predominantly invest in units of ETFs/Index Funds of Nippon India Mutual Fund based on the average allocation of all active Flexi Cap Funds in the industry into large, mid and small cap stocks as provided by CRISIL every month.
Minimum Investment
500.00

    and in multiples of Re. 1 thereafter

Fund Manager
Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load**:

Nil

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • long term capital appreciation
  • investment in units of Domestic ETFs/Index Funds

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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