Nippon India Asset Allocator FoF Fund Direct Growth

Nippon India Asset Allocator FoF Fund Direct Growth

Hybrid

Direct

Multi Asset Allocation

NAV as on 22-11-2024

₹ 20.5

Inception Returns

20.6%

/yr

About Nippon India Asset Allocator FoF Fund Direct Growth

Nippon India Asset Allocator FoF Fund Direct Growth is a hybrid fund. This fund was started on 8 February, 2021. The fund is managed by Sushil Budhia, Ashutosh Bhargava. This fund gives you the benefit of diversification.

Key Parameters

  1. Nippon India Asset Allocator FoF Fund Direct Growth has ₹306 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Nippon India Asset Allocator FoF Fund Direct Growth has given a CAGR return of 20.58% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 24.62% and 17.54% respectively.

Holdings

Nippon India Asset Allocator FoF Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Cash Equivalent, Industrial, Consumer Cyclical, Tech, Health, Consumer Defensive, Basic Materials, Utilities, Corporate, Energy, Communication, Real Estate, Securitize.

Taxation

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Nippon India Asset Allocator FoF Fund Direct Growth

The primary investment objective of the Scheme is to seek long term capital growth by investing in units of equity oriented schemes, debt oriented schemes, gold ETF, units of ETFs/Index Funds of Nippon India Mutual Fund or any other Mutual Fund(s). However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Asset Allocator FoF Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
396 people have invested ₹ 13.6L in Nippon India Asset Allocator FoF Fund Direct Growth in the last three months

Nippon India Asset Allocator FoF Fund Direct Growth Overview

Expense ratio1.03%
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM₹306 Cr
Inception Date8 February, 2021
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
70.22%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (22-Nov-24)

Period
Nippon India Asset Allocator FoF Fund Direct Growth
Multi Asset Allocation Index
1M
-3.1%
-
3M
-0.6%
-
6M
5.6%
-
1Y
24.6%
-
3Y
17.5%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 50.4%

  • Debt & Cash 28.4%

Large cap
23.5%

Mid cap
16%

Small cap
10.3%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
26.2%
Industrial
16%
Consumer Cyclical
14.5%
Tech
8.8%
Health
7.8%
Consumer Defensive
7.3%
Basic Materials
7.2%
Utilities
5.6%
Energy
3.2%
Communication
2.6%
Real Estate
0.9%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 283.5 Cr
₹ 283.5 Cr
₹ 256.1 Cr
  • AUM of the fund stands at 283.5 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24

Top 3 Sectors in October were Government, Financial Services & Industrial

Oct'24
Government
75%
Financial Services
26%
Industrial
16%
Sep'24
Government
80%
Financial Services
26%
Industrial
16%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Nippon India ETF Gold BeES
Nippon India ETF Gold BeES
21.45%
7.7%
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Sushil Budhia
Sushil Budhia
Fund Manager of Nippon India Asset Allocator FoF Fund Direct Growth, since 31 March 2021
Ashutosh Bhargava
Ashutosh Bhargava
Fund Manager of Nippon India Asset Allocator FoF Fund Direct Growth, since 8 February 2021
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.29L Cr
as on 31-Oct-2024
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in

Nippon India Asset Allocator FoF Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 20.58% since inception which is more than its category average return of 12.07%
Fund Allocations

Fund Allocations

This fund has an allocation of 50.42% in Equity, 23.29% in Debt and 5.13% in Cash related instruments
AUM size ₹306 Cr

AUM size ₹306 Cr

This fund has AUM of ₹306 Cr which is less than its category average of ₹ 3896 Cr
Expense Ratio 1.03%

Expense Ratio 1.03%

This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.21%

Frequently Asked Questions for Nippon India Asset Allocator FoF Fund Direct Growth

The current NAV of Nippon India Asset Allocator FoF Fund Direct Growth is ₹20.5 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
Nippon India Asset Allocator FoF Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-3.11%
-3.11%
6 Month Returns
5.6%
5.6%
1 Year Returns
24.62%
24.62%
3 Years Returns
62.38%
17.54%
5 Years Returns
0%
0%
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  • Select your bank account and proceed with Payment.
1.03% as on October 2024
₹306 Cr as on October 2024
Nippon India Large Cap Dir Gr(23.06%), Nippon India Gilt Sec Dir Gr(22.04%), Nippon India ETF Gold BeES(21.45%), Nippon India Growth Dir Gr(19.37%), Nippon India Small Cap Dir Gr(9.29%) as on October 2024
Government(37.77%), Financial Services(13.69%), Cash Equivalent(10.2%) as on October 2024
AAA
98.92
AA
1.08
Sushil Budhia, Ashutosh Bhargava are the fund managers of Nippon India Asset Allocator FoF Fund Direct Growth
The Exit load of Nippon India Asset Allocator FoF Fund Direct Growth is 1%