1M
6M
1Y
All
| NAV: 25 Nov 2021 | ₹13.49 |
| Min. SIP amount | ₹100 |
| Rating | NA |
| Fund size | ₹1,201.68Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Hybrid Multi Asset Allocation
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 5.1% | 13.0% | 28.8% | 34.9% |
| Category average | NA | NA | 34.5% | NA |
| Rank with in category | 5 | 5 | 10 | NA |
Understand terms
Holdings (83)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 5.2% |
Infosys Ltd. | Technology | Equity | 3.6% |
HDFC Bank Ltd. | Financial | Equity | 3.2% |
Reliance Industries Ltd. | Energy | Equity | 3.0% |
Nippon India ETF Gold BeES | Financial | Mutual Fund | 2.7% |
State Bank of India | Financial | Additional Tier 2 Bo | 2.5% |
GOI | Sovereign | GOI Sec | 2.2% |
GOI | Sovereign | GOI Sec | 2.2% |
Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.1% |
GOI | Sovereign | GOI Sec | 2.1% |
See All
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
31 Oct 2021 - Present
0.54%
30 Sep 2021 - 31 Oct 2021
0.54%
31 Aug 2021 - 30 Sep 2021
0.54%
31 Jul 2021 - 31 Aug 2021
0.55%
30 Jun 2021 - 31 Jul 2021
0.56%
31 May 2021 - 30 Jun 2021
0.57%
30 Apr 2021 - 31 May 2021
0.08%
31 Mar 2021 - 30 Apr 2021
0.09%
28 Feb 2021 - 31 Mar 2021
0.11%
31 Jan 2021 - 28 Feb 2021
0.14%
31 Dec 2020 - 31 Jan 2021
0.45%
30 Nov 2020 - 31 Dec 2020
0.58%
31 Oct 2020 - 30 Nov 2020
0.58%
30 Sep 2020 - 31 Oct 2020
0.60%
31 Aug 2020 - 30 Sep 2020
0.67%
Expense ratio, exit load and tax
Expense ratio: 0.54%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years and 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
Amit Tripathi
Aug 2020 - Present
View details
Education
Mr. Tripathi is a B.Com (H) and PGDM.
Experience
Prior to joining Nippon India Mutual Fund he has worked with New India Assurance Co. Ltd, Sun Invest Associates Ltd and CFS Financial Services Pvt. Ltd.
Also manages these schemes
Vikram Dhawan
Aug 2020 - Present
View details
Education
Mr Dhawan has done B.E (Mechanical) and PGD Material Management.
Experience
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.
Also manages these schemes
Manish Gunwani
Aug 2020 - Present
View details
Education
Mr. Gunwani is a B.Tech. and PGDM.
Experience
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.
Also manages these schemes
Ashutosh Bhargava
Aug 2020 - 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
Kinjal Desai
Aug 2020 - Present
View details
Education
Ms. Desai is MSc(Economics)
Experience
Associate Equity Investements at NAM India Assisting Lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in stock selection and monitoring of overseas investments.
Also manages these schemes
Tejas Sheth
Oct 2020 - Present
View details
Education
Mr. Sheth has done PG Diploma in Managemaent.
Experience
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.
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
| Rank (total assets) | #6 in India |
|---|---|
| Total AUM | ₹2,30,092.13Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
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 i
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 30 Jun 1995. 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 ₹2,30,092 Cr and the Latest NAV as of 25 Nov 2021 is ₹13.49.
The Nippon India Multi Asset Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1%, if redeemed within 1 year.
...Read more
Investment Objective
The scheme seeks long term capital growth by investing in equity and equity related securities, debt & money market instruments and Exchange Traded Co
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.
...Read more
| Fund benchmark | NA |
|---|
Fund house contact details
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
E-mail
[email protected]Website
NA
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,
Email
[email protected]Website
www.karvymfs.comCompare funds
Nippon India Multi Asset Fund Direct Growth
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