About Nippon India Multi Cap Fund
Nippon India Multi Cap Fund is a multi cap fund managed by Nippon India Mutual Fund. Invest at least 25% each in large, mid and small caps, giving exposure across company sizes.
The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm 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.
The scheme's stated objective, as published by Nippon India Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹334.9054 | 118650 |
| Direct | Bonus Option | ₹334.9054 | 118651 |
| Direct | IDCW Option | ₹86.6569 | 118652 |
| Regular | Growth Option | ₹302.1917 | 101161 |
| Regular | Bonus Option | ₹302.1917 | 101162 |
| Regular | IDCW Option | ₹59.5292 | 101163 |
Frequently asked questions
What is the NAV of Nippon India Multi Cap Fund today?
The NAV of Nippon India Multi Cap Fund (Direct plan, Growth) is ₹334.9054 and the Regular plan NAV is ₹302.1917, as of 13 Nov 2026.
What returns has Nippon India Multi Cap Fund given?
Over the last year the Direct plan returned 0.17%, and 13.8% a year over 3 years and 15.31% a year over 5 years. That places it 17 of 23 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Nippon India Multi Cap Fund?
The Direct plan charges 0.88% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Nippon India Multi Cap Fund?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.
How much has Nippon India Multi Cap Fund fallen in the past?
Its deepest fall was 42.8% from 27 May 2019 to 23 Mar 2020. Of every one-year stretch in its history, 83% ended in a gain.
Which category does Nippon India Multi Cap Fund belong to?
It is a Multi Cap Fund from Nippon India Mutual Fund. Invest at least 25% each in large, mid and small caps, giving exposure across company sizes.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Nippon India Multi Cap Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.