Nippon India Multi Asset Fund Direct Growth

Nippon India Multi Asset Fund Direct Growth

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Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 19.33 as on 12-04-2024
Fund Performance
zero opening, trading, fund transfer fee
1291 people have invested ₹ 66.1L 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 Ashutosh Bhargava, Kinjal Desai, Sushil Budhia, Tejas Sheth, Vikram Dhawan. This fund gives you the benefit of diversification.

Key Parameters

  1. Nippon India Multi Asset Fund Direct Growth has ₹2703 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Nippon India Multi Asset Fund Direct Growth Overview

Expense ratio
Expense ratio
0.37%
Benchmark
Benchmark
null
AUM
AUM
₹2703 Cr
Inception Date
Inception Date
28 August, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
60.52%

Nippon India Multi Asset Fund Direct Growth Distribution as on (31-Mar-24)

  • Equity 69.3%

  • Debt & Cash 18%

Size breakup

Large cap
50.6%
Mid cap
16.1%
Small cap
2.5%
Sector Allocation

Mar'24

Feb'24

Jan'24

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

  • Debt & Cash

Equity Holdings66
Debt Holdings11

Nippon India Multi Asset Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 2.7K Cr
₹ 2.7K Cr
₹ 2.5K Cr
  • 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

Nippon India Multi Asset Fund Direct Growth Fund Manager

Ashutosh Bhargava
Ashutosh Bhargava
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 28 August 2020
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 28 August 2020
Sushil Budhia
Sushil Budhia
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 31 March 2021
Tejas Sheth
Tejas Sheth
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 20 October 2020
Vikram Dhawan
Vikram Dhawan
Fund Manager of Nippon India Multi Asset Fund Direct Growth, since 28 August 2020
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Multi Asset Fund Direct Growth
19.07%
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Nippon India Multi Asset 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 19.95% since inception which is more than its category average return of 11.27%
Fund Allocations

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 ₹2703 Cr

AUM size ₹2703 Cr

This fund has AUM of ₹2703 Cr which is less than its category average of ₹ 2968 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 1.23%

Frequently Asked Questions

The current NAV of Nippon India Multi Asset Fund Direct Growth is ₹19.33 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Nippon India Multi Asset Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.79%
2.79%
6 Month Returns
21.02%
21.02%
1 Year Returns
34.34%
34.34%
3 Years Returns
68.8%
19.07%
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
₹2703 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
Ashutosh Bhargava, Kinjal Desai, Sushil Budhia, Tejas Sheth, Vikram Dhawan 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%