Hybrid
Direct
Multi Asset Allocation
NAV as on 31-10-2024
₹ 20.79
Inception Returns
21.7%
/yr
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 Ashutosh Bhargava, Sushil Budhia. This fund gives you the benefit of diversification.
Nippon India Asset Allocator FoF Fund Direct Growth has given a CAGR return of 21.70% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 31.34% and 19.17% respectively.
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, Energy, Corporate, Communication, Real Estate, Securitize.
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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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 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.
Expense ratio | 1% |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
AUM | ₹283 Cr |
Inception Date | 8 February, 2021 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 70.22% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Very High Risk |
as on (31-Oct-24)
as on (31-Dec-69)
Top 3 Sectors in September were Government, Financial Services & Industrial
Nippon India Asset Allocator FoF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.55% | -1.55% |
6 Month Returns | 10.19% | 10.19% |
1 Year Returns | 31.34% | 31.34% |
3 Years Returns | 69.26% | 19.17% |
5 Years Returns | 0% | 0% |
AAA | 99.02 |
AA | 0.98 |