MG
Manish GunwaniFund Manager Since 28 Aug 2020
AllocationMulti Asset Allocation
Nippon India Multi Asset Allocation Fund Direct Growth
3Y Annualised
14.00%
-2.21% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-2.24%
-2.21% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
5 years 3 months
NIFTY 50
8 years 2 months
FD
9 years 7 months
Fund info
Fund size
₹4949.80 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹5000
Exit load
0.01%
1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Multi-Asset Fund Institutional Growth
15.47%
2nd
Edelweiss Multi Asset Allocation Fund Direct Reinvestment Inc Dist cum Cap Wdrl
1.27%
3rd
Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl
1.27%
4th
Edelweiss Multi Asset Allocation Fund Direct Growth
1.27%
5th
Edelweiss Multi Asset Allocation Fund Regular Reinvestment Inc Dist cum Cap Wdrl
1.24%
146th
Nippon India Multi Asset Allocation Fund Direct Growth
-2.24%
Fund Managers
AB
Ashutosh BhargavaFund Manager Since 28 Aug 2020
KD
Kinjal DesaiFund Manager Since 28 Aug 2020
TS
Tejas ShethFund Manager Since 20 Oct 2020
SB
Sushil BudhiaFund Manager Since 31 Mar 2021
VD
Vikram DhawanFund Manager Since 28 Aug 2020
About Nippon India Multi Asset Allocation Fund Direct Growth
Nippon India Multi Asset Allocation Fund Direct Growth is a Allocation mutual fund scheme from Nippon Life India Asset Management Ltd. This fund has been in existence for 4 years, having been launched on 2020-08-28. Nippon India Multi Asset Allocation Fund Direct Growth has ₹4949.80 Cr worth of assets under management (AUM) as of Wed Apr 09 2025. The latest Net Asset Value (NAV) of Nippon India Multi Asset Allocation Fund Direct Growth as of Mon Apr 07 2025 is ₹20.3004. The fund has an expense ratio of 0.33%, which is medium comparable to most other Allocation funds.
Nippon India Multi Asset Allocation Fund Direct Growth returns for the last 1 year are 5.56%. Since launch, it has delivered 16.61% average annual returns.
The Nippon India Multi Asset Allocation Fund Direct Growth has the majority of its money invested in null, Financial Services, Technology, Energy sectors.
Top 5 Holdings of Nippon India Multi Asset Allocation Fund Direct Growth.
- Nippon India ETF Gold BeES: 12.00%
- iShares MSCI World ETF: 10.13%
- ICICI Bank Ltd: 3.67%
- Nippon India Silver ETF: 3.09%
- HDFC Bank Ltd: 2.64%
AMC Information
| Name | Nippon Life India Asset Management Ltd |
|---|---|
| Founding Date | 2020-08-28 |
| customercare@nipponindiaim.in | |
| Phone | 022-6808 7000/18602660111 |
| Website | https://mf.nipponindiaim.com/ |
| Address | Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W) |
Tax Implications of Nippon India Multi Asset Allocation Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Nippon Life India Asset Management Ltd
Nippon India Equity Hybrid Fund - Direct Plan - Growth Option
AllocationAggressive Allocation
3Y CAGR
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expense ratio
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fund size
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Nippon India ELSS Tax Saver Fund Direct Plan - Growth Option
EquityELSS (Tax Savings)
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expense ratio
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Nippon India Multi Cap Fund - Direct Plan - Growth
EquityMulti-Cap
3Y CAGR
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expense ratio
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fund size
₹38636.66 Cr
Nippon India Equity Savings Direct Growth
AllocationEquity Savings
3Y CAGR
8.12%
expense ratio
0.74%
fund size
₹691.68 Cr
Nippon India Equity Savings Growth
AllocationEquity Savings
3Y CAGR
7.15%
expense ratio
1.78%
fund size
₹691.68 Cr
FAQs
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