Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Hybrid
Direct
Multi Asset Allocation
Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 28 August, 2020. The fund is managed by Kinjal Desai, Sushil Budhia, Tejas Sheth, Vikram Dhawan, Ashutosh Bhargava. This fund gives you the benefit of diversification.

Key Parameters

  1. Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹3314 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 21.16% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 35.87% and 19.19% respectively.

Holdings

Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Corporate, Consumer Cyclical, Industrial, Tech, Health, Energy, Consumer Defensive, Basic Materials, Utilities, Communication, 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl

The primary investment objective of Nippon India Multi Asset Fund is to seek long term capital growth by investing in equity and equity relatedsecurities, debt & money market instruments and Exchange Traded Commodity Derivatives and Gold ETF as permitted by SEBI from time totime. 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 Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
8 people have invested ₹ 12.2K in Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.28%
Benchmark
null
AUM₹3314 Cr
Inception Date28 August, 2020
Min Lumpsum/SIP₹5000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
60.52%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 68.2%

  • Debt & Cash 20.5%

Large cap
48.9%

Mid cap
13.9%

Small cap
4.5%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
28.5%
Industrial
13.2%
Consumer Cyclical
13%
Tech
10.4%
Health
7.9%
Energy
6.7%
Basic Materials
5.7%
Consumer Defensive
5.6%
Utilities
4.7%
Communication
3%
Real Estate
1.3%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Equity

  • Debt & Cash

Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 28 August 2020
Sushil Budhia
Sushil Budhia
Fund Manager of Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 31 March 2021
Tejas Sheth
Tejas Sheth
Fund Manager of Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 20 October 2020
Vikram Dhawan
Vikram Dhawan
Fund Manager of Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 28 August 2020
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Multi Asset Fund Direct Growth
19.19%
--
Ashutosh Bhargava
Ashutosh Bhargava
Fund Manager of Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 28 August 2020

Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 21.16% since inception which is more than its category average return of 13.99%
Fund Allocations

Fund Allocations

This fund has an allocation of 68.25% in Equity, 12.77% in Debt and 7.73% in Cash related instruments
AUM size ₹3314 Cr

AUM size ₹3314 Cr

This fund has AUM of ₹3314 Cr which is less than its category average of ₹ 3428 Cr
Expense Ratio 0.28%

Expense Ratio 0.28%

This fund has an expense ratio of 0.28% 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 Reinvestment Inc Dist cum Cap Wdrl is ₹21.01 as on 11-Jul-2024.
Existing (Absolute + CAGR) as on 11-Jul-2024.
Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.87%
4.87%
6 Month Returns
18.27%
18.27%
1 Year Returns
35.87%
35.87%
3 Years Returns
69.32%
19.19%
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.
0.28% as on June 2024
₹3314 Cr as on June 2024
iShares MSCI World ETF(14.07%), Nippon India ETF Gold BeES(11.38%), HDFC Bank Ltd(3.2%), ICICI Bank Ltd(2.83%), 7.17% Govt Stock 2030(2.65%) as on June 2024
Financial Services(19.43%), Cash Equivalent(13.01%), Government(10.45%) as on June 2024
AAA
100
Kinjal Desai, Sushil Budhia, Tejas Sheth, Vikram Dhawan, Ashutosh Bhargava are the fund managers of Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Multi Asset Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%