Nippon India Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV as on 20-02-2025
₹ 20.98
▲0.3%
1D
Inception Returns
18%
/yr
About Nippon India Multi Asset Allocation Fund Direct Growth
Nippon India Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 28 August, 2020. The fund is managed by Ashutosh Bhargava, Kinjal Desai, Sushil Budhia, Vikram Dhawan. This fund gives you the benefit of diversification.
Key Parameters
- Nippon India Multi Asset Allocation Fund Direct Growth has ₹5002 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Nippon India Multi Asset Allocation Fund Direct Growth has given a CAGR return of 17.98% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 13.97% and 16.42% respectively.
Holdings
Nippon India Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Cash Equivalent, Tech, Consumer Cyclical, Industrial, Health, Energy, Utilities, Consumer Defensive, Communication, Basic Materials, Real Estate.
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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Nippon India Multi Asset Allocation Fund Direct Growth
The primary investment objective of Nippon India Multi Asset Allocation Fund is to seek long term capital growth by investing in equity and equity related securities, debt & money market instruments and Exchange Traded Commodity Derivatives and Gold ETF, Silver ETF as permitted by SEBI from time to time. 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 Multi Asset Allocation Fund Direct Growth has no lock in period.
Historical NAV & Returns
Nippon India Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | null |
| AUM | ₹5002 Cr |
| Inception Date | 28 August, 2020 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 51.18% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (20-Feb-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 5K Cr as of Jan'25
- AUM increased by 318.7 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Corporate, Financial Services & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Nippon India ETF Gold BeES | 11.91% | 11.8% | |
 iShares MSCI World ETF | 11.46% | 0% | |
 ICICI Bank Ltd | 3.38% | 12.5% | |
Nippon India Silver ETF | 3.06% | 13.5% | |
 Infosys Ltd | 2.82% | 29.3% |
Nippon India Multi Asset Allocation Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹5002 Cr
Expense Ratio 0.3%
Frequently Asked Questions for Nippon India Multi Asset Allocation Fund Direct Growth
Nippon India Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.39% | -0.39% |
6 Month Returns | -0.94% | -0.94% |
1 Year Returns | 13.97% | 13.97% |
3 Years Returns | 57.78% | 16.42% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 88.45 |
AA | 11.55 |