Nippon India Multi Asset Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 19.57 as on 15-05-2024
About the Fund
Nippon India Multi Asset Fund Direct Growth is a hybrid fund. This fund was started on 28 August, 2020. The fund is managed by Ashutosh Bhargava, Tejas Sheth, Vikram Dhawan, Kinjal Desai, Sushil Budhia. This fund gives you the benefit of diversification.
Key Parameters
- Nippon India Multi Asset Fund Direct Growth has ₹3120 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
1200 people have invested ₹ 80.8L in Nippon India Multi Asset Fund Direct Growth in the last three months
Overview
 | 0.3% |
 Benchmark | null |
 | ₹3120 Cr |
 | 28 August, 2020 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 60.52% |
Nippon India Multi Asset Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
51.4%
Mid cap
15.4%
Small cap
3.4%
Sector Allocation
Financial Services
29.3%
Consumer Cyclical
12.2%
Industrial
10.9%
Tech
10.7%
Health
8.4%
Energy
7.1%
Consumer Defensive
6.7%
Basic Materials
5.3%
Utilities
5%
Communication
3%
Real Estate
1.4%
Top Holdings of Nippon India Multi Asset Fund Direct Growth as on (30-Apr-24)
Equity Holdings68
Debt Holdings13
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 iShares MSCI World ETF | 15.34% | 0% | |
 Nippon India ETF Gold BeES | 13.19% | 2.3% | |
 HDFC Bank Ltd | 3.53% | 9.8% | |
 ICICI Bank Ltd | 3.13% | 21.4% | |
 Reliance Industries Ltd | 1.88% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.9K Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Ashutosh Bhargava
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 28 August 2020
Top funds managed
Tejas Sheth
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 20 October 2020
Top funds managed
Vikram Dhawan
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 28 August 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 28 August 2020
Top funds managed
Sushil Budhia
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 31 March 2021
Top funds managed
Nippon India Multi Asset Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 19.64% since inception which is more than its category average return of 11.12%
Fund Allocations
This fund has an allocation of 70.15% in Equity, 12.6% in Debt and 4.2% in Cash related instruments
AUM size ₹3120 Cr
This fund has AUM of ₹3120 Cr which is less than its category average of ₹ 3124 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions
The current NAV of Nippon India Multi Asset Fund Direct Growth is ₹19.57 as on 15-May-2024.
Existing (Absolute + CAGR) as on 15-May-2024.
Nippon India Multi Asset Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.63% | 0.63% |
6 Month Returns | 19.74% | 19.74% |
1 Year Returns | 33.13% | 33.13% |
3 Years Returns | 66.52% | 18.53% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.3% as on April 2024
₹3120 Cr as on April 2024
iShares MSCI World ETF(15.34%), Nippon India ETF Gold BeES(13.19%), HDFC Bank Ltd(3.53%), ICICI Bank Ltd(3.13%), 7.17% Govt Stock 2030(3.04%) as on April 2024
Financial Services(20.58%), Government(11.66%), Corporate(10.72%) as on April 2024
AAA | 100 |
Ashutosh Bhargava, Tejas Sheth, Vikram Dhawan, Kinjal Desai, Sushil Budhia are the fund managers of Nippon India Multi Asset Fund Direct Growth
The Exit load of Nippon India Multi Asset Fund Direct Growth is 1%