NJ Flexi Cap Fund
The fund is heavily tilted toward defensive, dividend-yielding sectors—pharmaceuticals alone represent over one-fifth of the portfolio—signaling a preference for stability over growth. The recent portfolio churn, particularly the addition of quality pharma names like Torrent and exits from consumer leaders like HUL, suggests the manager is rotating toward resilient businesses with stronger pricing power. The sharp accumulation in ITC and energy alongside reduced exposure to high-volatility sectors indicates conviction in value plays that can weather economic uncertainty.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹13.2400 | — | — | — | — |
| Regular Growth | ₹12.6900 | +2.17% | -4.01% | — | — |
| Direct IDCW | ₹13.2400 | — | — | — | — |
| Regular IDCW | ₹12.6900 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Torrent Pharmaceuticals Limited | 3.50% |
| Alkem Laboratories Limited | 3.43% |
| Colgate Palmolive (India) Limited | 1.67% |
| Emami Limited | 1.62% |
| Havells India Limited | 1.53% |
| Indiamart Intermesh Limited | 1.51% |
| JB Chemicals & Pharmaceuticals Limited | 1.30% |
| ABB India Limited | 0.86% |
| Hindustan Aeronautics Limited | 0.86% |
| Net Receivables / (Payables) | -1.66% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Britannia Industries Limited INE216A01030 | 4.53% |
| 2 | Eicher Motors Limited INE066A01021 | 4.20% |
| 3 | Marico Limited INE196A01026 | 4.18% |
| 4 | ITC Limited INE154A01025 | 4.03% |
| 5 | ICICI Bank Limited INE090A01021 | 3.99% |
| 6 | Bosch Limited INE323A01026 | 3.99% |
| 7 | Oil & Natural Gas Corporation Limited INE213A01029 | 3.94% |
| 8 | Dr. Reddy's Laboratories Limited INE089A01031 | 3.59% |
| 9 | Cipla Limited INE059A01026 | 3.55% |
| 10 | Torrent Pharmaceuticals Limited INE685A01028 | 3.50% |
| 11 | Sun Pharmaceutical Industries Limited INE044A01036 | 3.46% |
| 12 | Alkem Laboratories Limited INE540L01014 | 3.43% |
| 13 | Dr. Lal Path Labs Limited INE600L01024 | 3.39% |
| 14 | Nestle India Limited INE239A01024 | 3.17% |
| 15 | HDFC Bank Limited INE040A01034 | 2.54% |
| 16 | Pidilite Industries Limited INE318A01026 | 2.47% |
| 17 | Hero MotoCorp Limited INE158A01026 | 2.42% |
| 18 | Page Industries Limited INE761H01022 | 2.42% |
| 19 | Clearing Corporation of India Ltd nan | 2.38% |
| 20 | Ajanta Pharma Limited INE031B01049 | 1.91% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does NJ Flexi Cap Fund hold?
NJ Flexi Cap Fund holds 54 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 20.93% of NAV.
What is the largest holding in NJ Flexi Cap Fund?
The largest position in NJ Flexi Cap Fund is Britannia Industries Limited, accounting for 4.53% of NAV in the Food Products sector.
Is NJ Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.368, NJ Flexi Cap Fund is well-diversified. The HHI concentration index is 27,668 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 20.93% of the portfolio.
What is the market cap allocation of NJ Flexi Cap Fund?
Based on SEBI's AMFI classification, NJ Flexi Cap Fund's equity portfolio is split as: Large Cap: 59.97%, Mid Cap: 17.64%, Small Cap: 17.88%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does NJ Flexi Cap Fund invest in most?
NJ Flexi Cap Fund has the highest allocation to Pharmaceuticals & Biotechnology (21.10%), Banks (8.35%), Automobiles (7.73%). The fund is invested across 23 sectors in total.
How actively managed is NJ Flexi Cap Fund compared to other Flexi Cap Fund funds?
NJ Flexi Cap Fund has an Active Share of 79.87%, classifying it as "Highly Differentiated" among 41 Flexi Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in NJ Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, NJ Flexi Cap Fund added 10 new stocks (including Torrent Pharmaceuticals Limited) and exited 10 stocks (including L&T Technology Services Limited). Total holding count increased from 53 to 55 stocks.