|Min SIP Amount||N.A|
|NAV||₹11.47 (04 Mar 2021)|
|Fund Started||26 Aug 2020|
|Fund Size||₹860 Cr|
|HDFC Bank Ltd.||Financial||Equity||4.6%|
|ICICI Bank Ltd.||Financial||Equity||3.9%|
|Nippon India ETF Gold BeES||Financial||Mutual Fund||3.7%|
|State Bank of India||Financial||NCD||3.7%|
|Reliance Industries Ltd.||Energy||Equity||3.2%|
|Power Finance Corpn. Ltd.||Financial||NCD||3.1%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||3.1%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||2.1%|
Nippon India Multi Asset Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 26 Aug 2020. Amit Tripathi is the Current Fund Manager of Nippon India Multi Asset Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹860 Cr and the Latest NAV as of 04 Mar 2021 is ₹11.47.
The Nippon India Multi Asset Fund Direct Dividend is rated Very High risk. Minimum Lumpsum Investment is 5000. Exit load of 1%, if redeemed within 1 year.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years and 20% with indexation benefit post 3 years.