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Nippon India Multi Asset Fund Direct - Growth - NFO

Hybrid
Multi Asset Allocation
Moderately High Risk
Launch date07 Aug 2020
Allotment date27 Aug 2020
End date21 Aug 2020
NAV₹10.00

Fund Overview

Overview of Nippon India Multi Asset Fund Direct - Growth - NFO

Expense ratio, exit load and tax

Expense ratio: 0.60%

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 termsinfo

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
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Vikram Dhawan
Aug 2020 - Present
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Manish Gunwani
Aug 2020 - Present
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Ashutosh Bhargava
Aug 2020 - Present
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Kinjal Desai
Aug 2020 - Present
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Tejas Sheth
Oct 2020 - Present
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Sushil Budhia
Mar 2021 - Present
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Fund house & investment objective

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Rank (total assets)#6 in India
Total AUM2,30,092.13 Cr
Date of Incorporation30 Jun 1995

Nippon India Multi Asset Fund Direct - Growth - NFO is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made availabl
Nippon India Multi Asset Fund Direct - Growth - NFO is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Tejas Sheth is the Current Fund Manager of Nippon India Multi Asset Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹2,30,092 Cr and the Latest NAV as of 27 Aug 2020 is ₹10.00. The Nippon India Multi Asset Fund Direct - Growth - NFO 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.
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Fund house contact details

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