Nippon India Multi Asset Allocation Fund Direct growth

Hybrid • Multi Asset • Direct growth

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Insufficient fund history to generate its report card

Credit Rating
Average credit rating
AAA (Highest)

CAGRInfo Icon

₹1,000 invested for 5 years

Fund Info

Hybrid

Multi Asset

Direct growth

Launched On
28 Aug 2020
4.4 years ago
Lock-in Period
No lock-in
NAV
as of 03 Jan 2025
₹21.5
-0.0228% (0.00)
AUM
₹4,500 Cr
Expense ratio
0.29%
Benchmark
Fund Plan
Open demat account

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Tax info and exit loadInfo Icon

Taxes

Units held less than 1Y

20.00%

Units held more than 1Y

12.50%

Exit Load

If units sold before 12M

1%

If units sold after 12M

0%

Distribution

Market capital

What's in this fund?

Credit Rating
Sectors
Holdings
Financial Services

Financial Services

29.11%
Technology

Technology

13.23%
Industrials

Industrials

12.28%
Consumer Cyclical

Consumer Cyclical

11.27%
Healthcare

Healthcare

8.38%

Fund House

Nippon

Nippon

Inc: 08 Oct 1995 • Total AUM: ₹3,25,847 Cr • Rank #6
Nippon India Mutual Fund, started in 1995, has Nippon Life Insurance Company as its sponsors. The fund house is headed by Sundeep Sikka as the CEO. As of 31 March 2024, it has an AUM of ₹472,440 Cr. Nippon India Mutual Fund boasts a presence in 265 locations (as of 30 September 2023).

Fund Managers

Kinjal Desai

Experience: 21.02 yrs • Total AUM: 44,47,440 Cr

Ashutosh Bhargava

Experience: 7.29 yrs • Total AUM: 5,15,446 Cr

Sushil Budhia

Experience: 4.92 yrs • Total AUM: 2,89,878 Cr

Vikram Dhawan

Experience: 4.34 yrs • Total AUM: 47,264 Cr

Risk

Category risk
Very high
As provided by the fund house document, this risk is specific to this fund category (Hybrid). To know the risk of this fund particularly, check 'Risk vs Category'.
Disclaimer: Top rated funds do not constitute any advice. Research data is powered by Morningstar. Please read the offer documents carefully before investing. Upstox shall not accept any liability arising out of your investments.