Nippon India Multi Asset Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 19.33 as on 25-04-2024
Fund Performance
1222 people have invested ₹ 75.4L in Nippon India Multi Asset Fund Direct Growth in the last three months
About the Nippon India Multi Asset Fund Direct Growth
Nippon India Multi Asset Fund Direct Growth is a hybrid fund. This fund was started on 28 August, 2020. The fund is managed by Sushil Budhia, Kinjal Desai, Tejas Sheth, Vikram Dhawan, Ashutosh Bhargava. This fund gives you the benefit of diversification.
Key Parameters
- Nippon India Multi Asset Fund Direct Growth has ₹2905 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Nippon India Multi Asset Fund Direct Growth Overview
 | 0.37% |
 Benchmark | null |
 | ₹2905 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 (31-Mar-24)
Size breakup
Large cap
50.6%
Mid cap
16.1%
Small cap
2.5%
Sector Allocation
Financial Services
26.6%
Tech
13.1%
Consumer Cyclical
12.7%
Industrial
11.2%
Health
9.7%
Energy
7.3%
Consumer Defensive
6.5%
Utilities
4.6%
Basic Materials
4%
Communication
2.7%
Real Estate
1.6%
Top Holdings of Nippon India Multi Asset Fund Direct Growth as on (31-Mar-24)
Equity Holdings66
Debt Holdings11
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 iShares MSCI World ETF | 17.12% | 4.7% | |
 Nippon India ETF Gold BeES | 12.88% | 0.8% | |
 HDFC Bank Ltd | 3.29% | 6.5% | |
 ICICI Bank Ltd | 2.63% | 7.7% | |
 Larsen & Toubro Ltd | 2.07% | 17.2% |
See all
Nippon India Multi Asset Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.7K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Nippon India Multi Asset Fund Direct Growth Fund Manager
Sushil Budhia
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 31 March 2021
Top funds managed
Kinjal Desai
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
Ashutosh Bhargava
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 28 August 2020
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 19.74% since inception which is more than its category average return of 11.32%
Fund Allocations
This fund has an allocation of 69.25% in Equity, 12.38% in Debt and 5.66% in Cash related instruments
AUM size ₹2905 Cr
This fund has AUM of ₹2905 Cr which is less than its category average of ₹ 3045 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 1.27%
Frequently Asked Questions
The current NAV of Nippon India Multi Asset Fund Direct Growth is ₹19.33 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
Nippon India Multi Asset Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.39% | 3.39% |
6 Month Returns | 22.85% | 22.85% |
1 Year Returns | 35.19% | 35.19% |
3 Years Returns | 67.24% | 18.7% |
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.
0.37% as on March 2024
₹2905 Cr as on March 2024
iShares MSCI World ETF(17.12%), Nippon India ETF Gold BeES(12.88%), HDFC Bank Ltd(3.29%), 7.17% Govt Stock 2030(3.29%), ICICI Bank Ltd(2.63%) as on March 2024
Financial Services(18.43%), Government(12.38%), Cash Equivalent(9.65%) as on March 2024
AAA | 100 |
Sushil Budhia, Kinjal Desai, Tejas Sheth, Vikram Dhawan, Ashutosh Bhargava 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%