Risk | Moderately High |
---|---|
Min SIP Amount | ₹100 |
Expense Ratio | 0.45% |
NAV | ₹11.30 (22 Jan 2021) |
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Fund Started | 06 Aug 2020 |
Fund Size | ₹837 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 4.6% |
Infosys Ltd. | Technology | Equity | 3.9% |
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% |
GOI | Sovereign | GOI Sec | 3.2% |
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 Growth is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 06 Aug 2020. Amit Tripathi is the Current Fund Manager of Nippon India Multi Asset Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹837 Cr and the Latest NAV as of 22 Jan 2021 is ₹11.30.
The Nippon India Multi Asset Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. 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.