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Nippon India Multi Asset Fund Direct Growth

Hybrid
Multi Asset Allocation
Very High Risk
-5.88%
1M return
-0.83% 1D
1M
6M
1Y
All
NAV: 19 May 2022₹12.65
Min. SIP amountNA
RatingNA
Fund size₹1,150.22Cr

Returns and rankings

Category: Hybrid Multi Asset Allocation
Absolute returns
3M6M1YAll
Fund returns-3.6%-5.9%8.3%28.2%
Category averageNANA34.5%NA
Rank with in category14168NA
Understand terms

Holdings (81)

NameSectorInstrumentAssets
Nippon India ETF Gold BeESFinancialMutual Fund12.0%
Infosys Ltd.TechnologyEquity4.7%
ICICI Bank Ltd.FinancialEquity4.3%
Reliance Industries Ltd.EnergyEquity3.6%
HDFC Bank Ltd.FinancialEquity3.0%
State Bank of IndiaFinancialAdditional Tier 2 Bo2.5%
GOI
SovereignGOI Sec2.2%
GOI
SovereignGOI Sec2.2%
Housing Development Finance Corpn. Ltd.FinancialDebenture2.1%
GOI
SovereignGOI Sec2.1%
See All

Expense ratio, exit load and tax

Expense ratio: 0.56%

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. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

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

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,

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FAQs

How to Invest in Nippon India Multi Asset Fund Direct Growth?

You can easily invest in Nippon India Multi Asset Fund 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 Multi Asset Fund 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 Multi Asset Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Nippon India Multi Asset Fund Direct Growth provide?

The Nippon India Multi Asset Fund Direct Growth has been there from 27 Aug 2020 and the average annual returns provided by this fund is 8.30% since its inception.

How much expense ratio is charged by Nippon India Multi Asset Fund Direct Growth?

The term Expense Ratio used for Nippon India Multi Asset Fund 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 Multi Asset Fund Direct Growth is 0.56% as of 20 May 2022...

What is the AUM of Nippon India Multi Asset Fund Direct Growth?

The AUM, short for Assets Under Management of Nippon India Multi Asset Fund Direct Growth is ₹1,150.22Cr as of 20 May 2022.

How to Redeem Nippon India Multi Asset Fund Direct Growth?

If you want to sell your Nippon India Multi Asset Fund 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 Multi Asset Fund Direct Growth?

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

What is the NAV of Nippon India Multi Asset Fund Direct Growth?

The NAV of Nippon India Multi Asset Fund Direct Growth is ₹12.65 as of 19 May 2022.

What is the PE and PB ratio of Nippon India Multi Asset Fund Direct Growth?

The PE ratio ratio of Nippon India Multi Asset Fund 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).

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