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NAV as of ( Sep 09, 2022 )
₹ 13.8 0.5 % 1-D Change
You get upto 1.22% extra returns
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|ET Money Rank||Not yet ranked|
|Expense ratio||0.66% As on May 31, 2022|
|AUM (Fund Size)||₹ 1,147 Crs|
|Age||2 yrs 1 m Since Aug 07, 2020|
SIP ₹ 100 &
Lumpsum ₹ 5000
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You would have earned ₹ 1,001 more by investing in ET Money Direct Plan
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 52.75%
Mid Cap 16.77%
Small Cap 2.49%
Other Cap 0%
Consumer Staples 7.29%
Housing Development Finance Corpn. Ltd. 2.13%
Rural Electrification Corpn. Ltd. 1.68%
State Bank of India 0.42%
Cash & Call Money 3.84%
Foreign Mutual Fund Equity 17.04%
Mutual Fund 11.75%
GOI Securities 8.18%
Nippon India ETF Gold BeES 11.75%
|Fund name||Annual Return %||Consistency||Value Research Rating|
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|Period||Trailing returns||Category average||Rank within category|
|1 month||-0.33%||1.14%||19 / 21|
|3 months||8.52%||8.8%||12 / 21|
|6 months||4.78%||5.1%||11 / 21|
|1 year||5.54%||6.15%||10 / 20|
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
HYBRID MULTI ASSET ALLOCATION
The scheme seeks long term capital growth by investing in equity and equity related securities, debt & money market instruments and Exchange Traded Commodity Derivatives and Gold ETF as permitted by SEBI from time to time.
Mr Dhawan has done B.E (Mechanical) and PGD Material Management.
Prior to joining Nippon India Mutual Fund he has worked with Nippon Life India AIF Management Limited, Reliance Capital Limited, Gold Matrix Pte, Vedanta Group, Zee Gold Refinery (Shirpur Gold Refinery), N.M. Rothschild & Sons., Bank of Nova Scotia, Birla Copper (Hindalco) and Synthetics & Chemicals Ltd.
Mr. Gunwani is a B.Tech. and PGDM.
Prior to joining Nippon India Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
Mr. Bhargava is B.Com & MBA (Finance)
Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.
Mr. Sheth has done PG Diploma in Managemaent.
Prior to joining Nippon India Mutual Fund he has worked with Emkay Global Financial Services Ltd., Fortune Financial Pvt. Ltd. and Darashaw & Co. Pvt. Ltd.
Mr. Budhia has done CA
Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
As on Jun 30, 2022
The Nippon India Multi Asset Fund is a 2 yrs 1 m old fund and has delivered average annual returns of 17.62% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Nippon India Multi Asset Fund for Sep 09, 2022 is 13.8 .
On ET Money, Investing in Nippon India Multi Asset Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Nippon India Multi Asset Fund is 0.66%. .
Redeeming your investments in Nippon India Multi Asset Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Nippon India Multi Asset Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Nippon India Multi Asset Fund is ₹1,147 Crs.
The Nippon India Multi Asset Fund's equity portion has been invested in the stocks of the following companies
|Company||Percentage of Portfolio|
|IShares MSCI World ETF||17.04%|
|ICICI Bank Ltd.||5.43%|
|Reliance Industries Ltd.||3.68%|
|HDFC Bank Ltd.||3.17%|
|Varun Beverages Ltd.||2.94%|
|Axis Bank Ltd.||1.71%|
|National Thermal Power Corp. Ltd.||1.7%|
|Mahindra & Mahindra Ltd.||1.65%|
|State Bank of India||1.56%|
The Nippon India Multi Asset Fund's equity portion is primarily invested in the following sectors -
|Sector||Percentage of Portfolio|
The credit rating of the instruments in which the fund invests represents the quality of the borrower.The Nippon India Multi Asset Fund's debt portion's allocation by credit quality is given below
|Credit Quality||Percentage of Portfolio|
|Cash & Call Money||3.84%|
The top 3 debt holdings of Nippon India Multi Asset Fund are as follows
|Holding Name||Percentage of Portfolio|
|Housing Development Finance Corpn. Ltd.||2.13%|
|Rural Electrification Corpn. Ltd.||1.68%|