Nippon India Multi Asset Fund Direct Growth-0.97%

0.00%
1 Year Return
Hybrid
Multi Asset Allocation
All

Fund Details

Nippon India Multi Asset Fund Direct Growth

RiskModerately High
Min SIP Amount₹100
Expense Ratio0.60%
NAV10.05 (27 Oct 2020)
Fund Started06 Aug 2020
Fund Size803 Cr

Comparison

Data not available
Pros
Found nothing so far.
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec14.0%
Reliance Industries Ltd.EnergyEquity4.3%
Nippon India ETF Gold BeESFinancialMutual Fund3.8%
HDFC Bank Ltd.FinancialEquity3.7%
Infosys Ltd.TechnologyEquity3.6%
ICICI Bank Ltd.FinancialEquity3.2%
Apple Inc. (USA)Cons DurableForgn. Eq2.5%
Microsoft Corportion (US)TechnologyForgn. Eq2.0%
Housing Development Finance Corpn. Ltd.FinancialEquity1.8%
Amazon. com Inc. (USA)Cons DurableForgn. Eq1.8%
See All

Fund Managers

addAmit Tripathi
Education
Mr. Tripathi is a B.Com (H) and PGDM.
Experience
Prior to joining Reliance Mutual Fund he has worked with New India Assurance Co. Ltd, Sun Invest Associates Ltd and CFS Financial Services Pvt. Ltd.
Funds Managed
addVikram Dhawan
Education
Mr Dhawan has done B.E (Mechanical) and PGD Material Management.
Experience
Funds Managed
addKinjal Desai
Education
Ms. Desai is MSc(Economics)
Experience
Associate Equity Investments at RNAM Assisting lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in Stock Selection and monitoring of overseas investments.
Funds Managed

Nippon India Multi Asset Fund Direct Growth Details

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 ₹803 Cr and the Latest NAV as of 27 Oct 2020 is ₹10.05.

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.

Investment Objective

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.

Tax Implications

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

Scheme Information Document(SID)

₹5000
Min for First Investment
₹5000
Min for Second Investment
Exit load of 1%, if redeemed within 1 year.
Exit Load

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About Nippon India Mutual Fund

Address
Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
Phone
022-33031000/30301111
Launch Date
30 Jun 1995
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,
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