Nippon India Multi Asset Allocation Fund Direct Growth
Get the latest NAV of Nippon India Multi Asset Allocation Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹22.15
▲2%1D
NAV as on 12 May 2025
18.42%/per year
Since Inception
▲▼
2190 people have invested ₹ 2.7Cr in Nippon India Multi Asset Allocation Fund Direct Growth in the last three months
Fund Performance
as on (12-May-25)
Peer comparison
Nippon India Multi Asset Allocation Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Nippon India Multi Asset Allocation Fund Asset Allocation
as on (31-Mar-25)
Fund Distribution
as on (31-Mar-25)
Equity 66.7%
Debt & Cash 18.7%
Nippon India Multi Asset Allocation Fund Sector Allocation
as on (31-Mar-25)
Sector Allocation
Equity 66.7%
Debt & Cash 18.7%
Top 3 Sectors in March were Corporate, Financial Services & Government
Corporate
50%
Financial Services
31%
Government
27%
Corporate
50%
Financial Services
30%
Government
30%
Nippon India Multi Asset Allocation Fund Holdings Details
as on (30-Apr-25)
Equity
Debt & Cash
Nippon India Multi Asset Allocation Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.33% |
Benchmark | null |
| AUM | ₹5623 Cr |
| Inception Date | 28 August, 2020 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 51.18% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About Nippon India Multi Asset Allocation Fund
Nippon India Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 28 August, 2020. The fund is managed by Kinjal Desai, Vikram Dhawan, Ashutosh Bhargava, Sushil Budhia. This fund gives you the benefit of diversification.
Key Parameters
- Nippon India Multi Asset Allocation Fund Direct Growth has ₹5623 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Nippon India Multi Asset Allocation Fund Direct Growth has given a CAGR return of 18.42% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 14.44% and 20.53% respectively.
Holdings
Nippon India Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Cash Equivalent, Government, Consumer Cyclical, Industrial, Tech, Energy, Health, Basic Materials, Consumer Defensive, Utilities, Communication, Real Estate, Derivatives.
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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Nippon India Multi Asset Allocation Fund Direct Growth
The primary investment objective of Nippon India Multi Asset Allocation Fund is to seek long term capital growth by investing in equity and equity related securities, debt & money market instruments and Exchange Traded Commodity Derivatives and Gold ETF, Silver ETF as permitted by SEBI from time to time. 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 Allocation Fund Direct Growth has no lock in period.
Fund Manager
Kinjal Desai
Fund Manager of Nippon India Multi Asset Allocation Fund Direct Growth, since 28 August 2020
Vikram Dhawan
Fund Manager of Nippon India Multi Asset Allocation Fund Direct Growth, since 28 August 2020
Ashutosh Bhargava
Fund Manager of Nippon India Multi Asset Allocation Fund Direct Growth, since 28 August 2020
Sushil Budhia
Fund Manager of Nippon India Multi Asset Allocation Fund Direct Growth, since 31 March 2021
- AUM of the fund stands at 5.3K Cr as of Mar'25
- AUM increased by 380.3 Cr between Mar'25 and Feb'25
Frequently Asked Questions for Nippon India Multi Asset Allocation Fund Direct Growth
What is the current NAV of Nippon India Multi Asset Allocation Fund Direct Growth?
What are the average returns of Nippon India Multi Asset Allocation Fund Direct Growth?
Nippon India Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.56% | 5.56% |
6 Month Returns | 5.12% | 5.12% |
1 Year Returns | 14.44% | 14.44% |
3 Years Returns | 75.09% | 20.53% |
How do I invest in Nippon India Multi Asset Allocation Fund Direct Growth?
- 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.
What is the expense ratio of Nippon India Multi Asset Allocation Fund Direct Growth?
What is net assets under management (AUM) of Nippon India Multi Asset Allocation Fund Direct Growth?
What are the top 5 holdings of Nippon India Multi Asset Allocation Fund Direct Growth?
What are the top 3 sectors that this Nippon India Multi Asset Allocation Fund Direct Growth has invested in?
What is the credit rating breakup of Nippon India Multi Asset Allocation Fund Direct Growth?
AAA | 90.42 |
AA | 9.58 |