Fundalysisby DARKHORSESTOCKS

Scheme

Nippon India Active Momentum Fund

Holds 40 companies worth ₹584 Cr in Sept 2026.

  • Fund house

    NipponThe fund house that runs this scheme.

  • AUM

    ₹592 CrNippon India Active Momentum Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 4.7% on Aug 2026, ₹565 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 6.3% of this scheme's NAV.

  • Fund manager

    Shirish GutheRuns it since 16 Feb 2026, as the fund house dates it.

Overview(8 Oct 2026)

Fund managers1

  1. Shirish GutheFund manager · Feb 2026 · MMS
  1. Ashutosh BhargavaFeb 2025 – Mar 2026

Key facts

Benchmark
NIFTY 500 TRI
Risk
Very High
Expense
Regular 2.27% · Direct 1.28%
Exit load
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.Nil, thereafter.
Started
28 Feb 2025
Minimum
₹500

Source.Its Scheme Summary Document as of 8 Oct 2026 at AMFI.

What changed(13 changes)

Oct 2026

1 change
  1. Expense ratio
    8 OctRegular 2.21% → 2.27%Direct 1.22% → 1.28%

Sept 2026

1 change
  1. Category
    9 SeptEquity: Sectoral/Thematic Funds → Thematic Fund

Aug 2026

2 changes

Source.Its filings at NSE, since Apr 2025.

Fund managers over time(Feb 2025 – now)

  1. Shirish Guthe
  2. Ashutosh Bhargava
MainCoSlice2026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Apr 2025 – Oct 2026)

Every change to the expense ratio, newest first.
11 changesRegularDirectΔ pt
8 Oct 20262.27%1.28%0.06
23 Aug 20262.21%1.22%0.05
9 Aug 20262.17%1.17%0.01
9 Jul 20262.14%1.16%8.60
9 Jun 202610.74%9.76%9.07
9 Apr 20261.67%0.69%0
19 Mar 20261.68%0.69%0.01
9 Mar 20261.69%0.70%0.01
9 Feb 20261.67%0.69%0
8 Aug 20251.65%0.69%0.01
10 Apr 20251.66%0.68%–
Direct plan, 8 Oct 2026
1.28%
Regular plan 2.27% · Exit load 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.Nil, thereafter.
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(8 Oct 2026)

Objective

The investment objective of the scheme is to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon. There is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An Open Ended Equity Scheme investing in momentum theme
Benchmark
NIFTY 500 TRI

Asset allocation it may hold% of NAV

  1. Equity and Equity related Instruments of Momentum Theme
    Allowed80–100%Holds98.6%
  2. Debt & Money Market instruments –
    Allowed0–20%Holds1.4%
  3. Units issued by REITs and InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.98.6% equity · 1.4% debt and cash

How to invest(8 Oct 2026)

Buying

To start
₹500, then in multiples of ₹1
To add
₹100, then in multiples of ₹1
Systematic
SIP Details: Daily /Weekly / Monthly/ Quarterly/ Yearly, STP Details : Daily / Weekly/ Fortnightly / Monthly / Quarterly , SWP Details : Monthly / Quarterly / Half Yearly / Yearly
Dates
SIP Details: 1st to 31st of a month , SWP Details : 1st, 8th, 15th, 22nd transaction day (if holiday, then next working day) Fixed STP : Daily - 1st to 31st of a month Weekly - Monday to Friday Fortnightly - 1st and 15th Monthly - any pre-specified date of the month Quarterly - any pre-specified date of the first month of the quarter Capital Appreciation STP:Monthly - 1st of every month & Quarterly - 1st of the first month of the quarter
Minimum
SIP Details: Rs.100/- per month (minimum 60 months) Rs.500/- per month (minimum 12 months) Rs.1000/- per month (minimum 6 months) Rs. 500/- per quarter (minimum 12 quarters) Rs.1500/- per quarter (minimum 4 quarters) Rs. 5000/- per year (minimum 2 years) SWP Details : 500 Fixed STP: Daily- Minimum of Rs. 100 Weekly / Fortnight / Monthly option - Rs. 1000 Quarterly - Rs. 3000 Capital Appreciation STP: Monthly/ Quarterly - Rs. 500, then sIP Details: Rs. 500 if SIP amount is 5,000 per year & Rs. 1 for any other amount , SWP Details 1 , STP Details 1
Instalments
SIP Details: 60 months for Rs. 100 per month 12 months for Rs. 500 per month 6 months for Rs. 1,000 per month 12 quarters for Rs. 500 per quarter 4 quarters for Rs. 1500 per quarter 2 years for Rs. 5000 per Year , SWP Details : 2 Instalments STP Details : 30 FOR DAILY & 2 OTHERS
Most
SIP - Any SWP - Any STP - Any

Selling and switching

Switch minimum
₹500
Switch multiples
₹1

Scheme details(8 Oct 2026)

What it is

Category
Thematic Fund
Offer
10 Feb 2025 to 24 Feb 2025
Started
28 Feb 2025
Reopened
6 Mar 2025
Plans
Direct IDCW Plan Dividend Payout · Direct IDCW Plan Dividend Reinvestment · Direct Growth Plan Growth · Growth Plan Growth · IDCW Plan Dividend Reinvestment · IDCW Plan Dividend Payout
Face value
Rs.10/- per unit
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Deutsche Bank
Auditor
Walker Chandiok & Co LLP
Registrar
KFin Technologies Limited
SEBI code
NIMF/O/E/THE/24/09/0154