Groww Logo
Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Asset Allocator FoF Direct Growth

Nippon India Asset Allocator FoF Direct Growth

Other
FoF Overseas/Domestic
High Risk
-1.02%
1M return
+0.09% 1D
1M
6M
1Y
All
NAV: 05 Jul 2022₹12.04
Min. SIP amount₹100
RatingNA
Fund size₹92.57Cr

Returns and rankings

Category: Other FoF Overseas/Domestic
Absolute returns
3M6M1YAll
Fund returns-5.2%-3.8%4.8%20.4%
Category averageNANA34.5%NA
Rank with in category886NA
Understand terms

Holdings (6)

NameSectorInstrumentAssets
Nippon India ETF Gold BeESFinancialMutual Fund20.8%
Nippon India Short Term Fund Direct-Growth
FinancialMutual Fund20.5%
Nippon India Large Cap Fund Direct-Growth
FinancialMutual Fund16.7%
Nippon India Growth Fund Direct- Growth
FinancialMutual Fund16.1%
Nippon India Small Cap Fund Direct- Growth
FinancialMutual Fund14.7%
Nippon India Gilt Securities Fund Direct-Growth
FinancialMutual Fund8.0%

Pros and cons

Category: Other FoF Overseas/Domestic

Pros

Cons

Lower expense ratio: 0.16%
Lower AUM: 92Cr. Funds with lower AUM tend to have higher expense ratio
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1Y annualised returns lower than category average by 29.71%

Expense ratio, exit load and tax

Expense ratio: 0.16%

Inclusive of GST

Exit load

For units in excess of 10% of the investment, 1% will be charged for redemption within 12 Months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹100

Fund management

Ashutosh Bhargava
Jan 2021 - Present
View details

Education
Mr. Bhargava is B.Com & MBA (Finance)
Experience
Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.
Also manages these schemes

Sushil Budhia
Mar 2021 - Present
View details

Education
Mr. Budhia has done CA
Experience
Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Amc Image
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

Compare funds

Nippon India Asset Allocator FoF Direct Growth
VS
Add mutual fund to compare

FAQs

How to Invest in Nippon India Asset Allocator FoF Direct Growth?

You can easily invest in Nippon India Asset Allocator FoF Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Nippon India Asset Allocator FoF Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Nippon India Asset Allocator FoF Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Nippon India Asset Allocator FoF Direct Growth provide?

The Nippon India Asset Allocator FoF Direct Growth has been there from 05 Feb 2021 and the average annual returns provided by this fund is 4.76% since its inception.

How much expense ratio is charged by Nippon India Asset Allocator FoF Direct Growth?

The term Expense Ratio used for Nippon India Asset Allocator FoF Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Nippon India Asset Allocator FoF Direct Growth is 0.16% as of 06 Jul 2022...

What is the AUM of Nippon India Asset Allocator FoF Direct Growth?

The AUM, short for Assets Under Management of Nippon India Asset Allocator FoF Direct Growth is ₹92.57Cr as of 06 Jul 2022.

How to Redeem Nippon India Asset Allocator FoF Direct Growth?

If you want to sell your Nippon India Asset Allocator FoF Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Nippon India Asset Allocator FoF Direct Growth?

You can select either SIP or Lumpsum investment of Nippon India Asset Allocator FoF Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Nippon India Asset Allocator FoF Direct Growth?

The NAV of Nippon India Asset Allocator FoF Direct Growth is ₹12.04 as of 05 Jul 2022.

What is the PE and PB ratio of Nippon India Asset Allocator FoF Direct Growth?

The PE ratio ratio of Nippon India Asset Allocator FoF Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.1.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI