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Nippon India Multi Cap Fund - Direct Plan Growth Plan - Growth Option

Multi Cap Data as of Oct 2026 Comparing Sep 2026 → Oct 2026
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Stocks Held
123
Oct 2026
Equity Holdings
₹51,279.52 Cr
Equity only, excl. debt & cash
AAUM
₹54,587.13 Cr
Jul-Sep 2026 · Direct + Regular
Top 5 Weight
1,952.0%
High concentration
Top 10 Weight
2,798.0%
High concentration
Changes
125
5 new · 2 exits
Top Sector
Banks
1,622.0% of portfolio
Launch Date
14 Feb 2005
10+ year track record

AAUM (Average Assets Under Management) of ₹54,587.13 Cr for Jul-Sep 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Nippon India Multi Cap Fund made 5 new additions and exited 2 stocks this month. The biggest new buy was JSW Dulux Ltd. (Consumer Durables) at 46.00% weight. Akzo Nobel India Limited was the biggest exit (Consumer Durables), which was held at 0.52%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 708.00% of the portfolio. HDFC Bank Limited remains the top holding with Banks the dominant sector at 1,622.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Nippon India Multi Cap Fund - Direct Plan Growth Plan - Growth Option

1M
+4.89%
3M
-1.08%
6M
+3.03%
1Y
+0.25%
Latest NAV
₹334.91
13 Nov 2026
52W High
₹341.22
-2% from High
52W Low
₹292.84
+14% from Low
Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+4.9%
2024
+26.9%
2023
+39.2%
2022
+15.0%
2021
+49.9%
2020
+0.8%
2019
+2.8%
2018
-1.5%
2017
+42.0%
Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg
19.4%
+ve in 85% windows
94.5% / -38.4%
3Y Rolling Avg
19.0% p.a.
+ve in 92% windows
44.3% / -7.9%
5Y Rolling Avg
20.2% p.a.
+ve in 100% windows
37.9% / 8.8%
Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff
-18.5%
Rec: Sep 2025 (9 mo)
COVID-19 Crash
-40.9%
Rec: Jan 2021 (1yr 2mo)
2022 Rate Hike
-15.1%
Rec: Aug 2022 (2 mo)
2018 IL&FS
-13.8%
Rec: Mar 2019 (7 mo)
Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)
0.39
Return per unit of risk. >1 is good.
Sortino Ratio (3Y)
0.54
Penalises downside volatility only.
Std Deviation (3Y)
14.5%
Lower = more consistent returns.
NAV Chart ₹334.91 13 Nov 2026
Simple Moving Avg: Click to draw · click again to remove
Nippon India Multi Cap Fund - Direct Plan Growth Plan - Growth Option
Chart shows indexed performance (base = 100). Actual NAV: ₹334.91
Sector Shift Industry allocation month-over-month
Aug 2026 → Sep 2026
Sector Prev Curr ▼ Delta
Banks 17.4% 17.6% ▲ +0.2%
Retailing 9.9% 9.9% ● +0.1%
Pharmaceuticals & Biotechnology 7.7% 7.9% ▲ +0.2%
Consumer Durables 6.8% 6.9% ● +0.1%
Leisure Services 5.9% 5.8% ▼ -0.1%
Electrical Equipment 5.3% 5.0% ▼ -0.3%
IT - Software 5.8% 5.0% ▼ -0.8%
Power 4.3% 4.3% ● 0.0%
Insurance 4.0% 4.2% ▲ +0.2%
Auto Components 3.3% 3.2% ▼ -0.1%
Sep 2026 → Oct 2026
Sector Prev Curr ▼ Delta
Banks 17.6% 1,622.0% ▲ +1,604.4%
Retailing 9.9% 967.0% ▲ +957.1%
Pharmaceuticals & Biotechnology 7.9% 798.0% ▲ +790.1%
Consumer Durables 6.9% 658.0% ▲ +651.1%
IT - Software 5.0% 591.0% ▲ +586.0%
Leisure Services 5.8% 582.0% ▲ +576.3%
Power 4.3% 417.0% ▲ +412.7%
Electrical Equipment 5.0% 408.0% ▲ +403.0%
Insurance 4.2% 398.0% ▲ +393.8%
Auto Components 3.2% 346.0% ▲ +342.8%
🟢
Biggest New Buy
JSW Dulux Ltd.
46.00% weight · Consumer Durables
🔴
Biggest Exit
Akzo Nobel India Limited
0.52% was held · Consumer Durables
↑
Biggest Add
HDFC Bank Limited
+700.94% · now 708.00%
🤝 Other funds also bought this month
Jio Platforms Ltd. 117 funds
Jio Platforms Ltd.
Nippon India Large Cap Fund - Direct Plan Growth Plan - Growth Option
quant Teck Fund
quant Focused Fund - Growth Option-Direct Plan + more
Bonfiglioli Transmissions Ltd. 47 funds
Bonfiglioli Transmissions Ltd.
Nippon India Innovation Fund-Direct Plan-Growth Option
Nippon India MNC Fund
Nippon India Flexi Cap Fund - Direct Plan - Growth Plan - Growth Option + more
JSW Dulux Ltd. 37 funds
JSW Dulux Ltd.
Nippon India Nifty 500 Quality 50 Index Fund - Direct Plan - Growth Option
Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option
NJ ELSS Tax Saver Scheme + more
Tube Investments of India Limited 13 funds
Tube Investments of India Limited
Aditya Birla Sun Life Value Fund - Growth - Direct Plan
Mirae Asset Nifty EV and New Age Automotive ETF
Zerodha Nifty Midcap 150 ETF + more
Aequs Limited 11 funds
Aequs Limited
Nippon India Value Fund - Direct Plan Growth Plan
Nippon India Small Cap Fund - Direct Plan Growth Plan - Growth Option
quant Teck Fund + more
👋 Other funds also exited
Akzo Nobel India Limited 38 funds
Akzo Nobel India Limited
NJ ELSS Tax Saver Scheme
SAMCO FLEXICAP FUND
HDFC Housing Opportunities Fund + more
Hitachi Energy India Limited 21 funds
Hitachi Energy India Limited
Union Focused Fund - Direct Plan - Growth Option
Mirae Asset BSE Midcap 150 Momentum 30 ETF
Samco Mid Cap Fund + more

What Changed in the Portfolio This Month?

Comparing Sep 2026 → Oct 2026

Sep 2026 → Oct 2026
🟢 5 New Entries 🔴 2 Exits ↑ 118 Increased
#StockSectorWeight (Oct 2026)
1
JSW Dulux Ltd.
₹241.62 Cr
 Consumer Durables 46.00%
2
Jio Platforms Ltd.
₹168.09 Cr
 Telecom - Services 32.00%
3
Tube Investments of India Limited
₹120.90 Cr
 Auto Components 23.00%
4
Bonfiglioli Transmissions Ltd.
₹75.88 Cr
 Industrial Manufacturing 14.00%
5
Aequs Limited
₹66.16 Cr
 Aerospace & Defense 13.00%
#StockSectorLast Weight (Sep 2026)
1
Akzo Nobel India Limited
₹281.38 Cr
 Consumer Durables 0.52%
2
Hitachi Energy India Limited
₹189.96 Cr
 Electrical Equipment 0.35%
#StockSectorSep 2026Oct 2026Change
1
HDFC Bank Limited
₹3,709.90 Cr
 Banks 7.06% 708.00% +700.94%
2
Axis Bank Limited
₹2,706.65 Cr
 Banks 5.07% 516.00% +510.93%
3
Infosys Limited
₹1,900.71 Cr
 IT - Software 3.06% 363.00% +359.94%
4
Larsen & Toubro Limited
₹965.78 Cr
 Construction 1.74% 184.00% +182.26%
5
Bajaj Finance Limited
₹951.43 Cr
 Finance 1.63% 181.00% +179.37%
6
NTPC Limited
₹941.24 Cr
 Power 1.79% 180.00% +178.21%
7
ITC Limited
₹914.56 Cr
 Diversified FMCG 1.49% 174.00% +172.51%
8
Samvardhana Motherson International Limited
₹877.69 Cr
 Auto Components 1.70% 167.00% +165.30%
9
Linde India Limited
₹861.59 Cr
 Chemicals & Petrochemicals 1.79% 164.00% +162.21%
10
ICICI Bank Limited
₹842.54 Cr
 Banks 2.97% 161.00% +158.03%

What Stocks Does This Fund Hold?

123 stocks — Oct 2026

# Stock Sector Cap Weight & Value
1
HDFC Bank Limited
₹3,709.90 Cr
 Banks
708.00%
2
Axis Bank Limited
₹2,706.65 Cr
 Banks
516.00%
3
Infosys Limited
₹1,900.71 Cr
 IT - Software
363.00%
4
Larsen & Toubro Limited
₹965.78 Cr
 Construction
184.00%
5
Bajaj Finance Limited
₹951.43 Cr
 Finance
181.00%
6
NTPC Limited
₹941.24 Cr
 Power
180.00%
7
ITC Limited
₹914.56 Cr
 Diversified FMCG
174.00%
8
Samvardhana Motherson International Limited
₹877.69 Cr
 Auto Components
167.00%
9
Linde India Limited
₹861.59 Cr
 Chemicals & Petrochemicals
164.00%
10
ICICI Bank Limited
₹842.54 Cr
 Banks
161.00%
🏆 Top stocks held by Multi Cap funds
See which stocks all active Multi Cap fund managers are buying — ranked by total value invested
→
🏦 Nippon India Mutual Fund — Portfolio & Holdings
See all funds managed by Nippon India Mutual Fund — conviction stocks, monthly entries & exits
→

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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