Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth
Equity: Flexi Cap - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Flexi CapBenchmark: NIFTY 500 Total Return IndexCheck Portfolio Overlap →
NAV: ₹21.31-0.59%
07 Sept 2026
Rolling Returns Analysis
Rolling annualized returns of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 10 Jan, 2022 - 07 Sep, 2026 | 18 Jan, 2024 - 07 Sep, 2026 | 30 Jan, 2026 - 07 Sep, 2026 | - |
| Average returns | 13.73% | 16.33% | 13.11% | - |
| Standard deviation | 14.11% | 2.91% | 1.49% | - |
| Best returns | 47.07% 1 year ending on 08 Apr, 2024 | 23.20% 3 years ending on 15 Feb, 2024 | 16.89% 5 years ending on 25 Feb, 2026 | - |
| Worst returns | -6.65% 1 year ending on 30 Sep, 2025 | 10.63% 3 years ending on 28 Feb, 2025 | 10.87% 5 years ending on 02 Sep, 2026 | - |
| Period with positive return | 85.55% | 100.00% | 100.00% | - |
| Period with return > 5% | 63.71% | 100.00% | 100.00% | - |
| Period with return > 10% | 46.48% | 100.00% | 100.00% | - |
| Period with return > 15% | 35.34% | 61.85% | 14.00% | - |
| Beat % Category | 29.59% | 16.77% | 25.33% | - |
| Beat % Benchmark | 36.03% | 32.15% | 29.33% | - |
Trailing Returns
Point-to-point returns of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
0%
5%
10%
-3.0%
1.7%
-2.2%
YTD
-2.7%
-1.3%
-2.3%
1 M
2.9%
7.1%
3.7%
6 M
1.0%
5.1%
2.1%
1 Y
10.2%
12.6%
11.1%
3 Y
9.8%
11.6%
10.5%
5 Y
13.5%
13.0%
10 Y
Fund
Equity: Flexi Cap
NIFTY 500 Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | -2.95% | -2.72% | 2.86% | 1.03% | 10.17% | 9.78% | - | 14.24% |
| Equity: Flexi Cap | 1.71% | -1.30% | 7.13% | 5.06% | 12.60% | 11.64% | 13.53% | - |
| NIFTY 500 Total Return Index | -2.24% | -2.30% | 3.67% | 2.13% | 11.08% | 10.50% | 12.99% | - |
| Rank in category | 63 | 68 | 62 | 54 | 40 | 29 | - | - |
| Funds in category | 71 | 75 | 74 | 66 | 52 | 38 | 21 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
Compare performance with respect toAdd benchmark
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Frequently Asked Questions
What are the 1-year returns of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth?
Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth has delivered a 1-year return of 1.03% as of 6 Sep 2026. During the same period, its benchmark NIFTY 500 Total Return Index returned 2.13%. The fund has underperformed its benchmark over this period.
What are the 3-year returns of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth?
Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth has delivered a 3-year CAGR of 10.17% as of 6 Sep 2026. Its benchmark NIFTY 500 Total Return Index returned 11.08% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.
What are the 5-year returns of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth?
Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth has delivered a 5-year CAGR of 9.78% as of 6 Sep 2026. Its benchmark NIFTY 500 Total Return Index returned 10.50% CAGR over the same period. A 5-year track record is considered a more reliable indicator of fund quality than shorter-term performance, as it captures at least one full market cycle.
What are the returns of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth since inception?
Since its launch on 8 Jan 2021, Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth has delivered a CAGR of 14.24%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth performed vs its category over the long term?
Over the long term, Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth has ranked 40 out of 52 funds in the Equity: Flexi Cap category on a 3-year basis, and 29 out of 38 funds on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth?
The Sharpe ratio of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth is 0.42 (as of 6 Sep 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth?
The 3Y alpha of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth is -0.45% (as of 6 Sep 2026). Alpha measures the excess return generated by the fund over and above its benchmark NIFTY 500 Total Return Index, after adjusting for risk. A positive alpha means the fund manager has added value beyond what the market delivered. A negative alpha means the fund has underperformed its benchmark on a risk-adjusted basis.
What is the beta of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth?
The beta of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth is 0.99 (as of 6 Sep 2026). Beta measures how sensitive the fund is to market movements relative to its benchmark NIFTY 500 Total Return Index. A beta of 1 means the fund moves in line with the market. A beta above 1 means it is more volatile than the market; below 1 means it is less volatile. Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth's beta of 0.99 indicates it is more defensive than its benchmark.
What are the rolling returns of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth?
The average 1-year and 3-year rolling returns of Nippon India Diversified Equity Flexicap Passive FoF Direct-Growth is 13.73% and 16.33% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.