| Launch date | 07 Aug 2020 |
| Allotment date | 27 Aug 2020 |
| End date | 21 Aug 2020 |
| NAV | ₹10.00 |
Fund Overview
Expense ratio, exit load and tax
Expense ratio: 0.31%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Vikram DhawanAug 2020 - PresentView details
Ashutosh BhargavaAug 2020 - PresentView details
Kinjal DesaiAug 2020 - PresentView details
Tejas ShethOct 2020 - PresentView details
Sushil BudhiaMar 2021 - PresentView details
Fund house & investment objective
| Rank (total assets) | #6 in India |
|---|---|
| Total AUM | ₹4,35,558.67Cr |
| Date of Incorporation | 30 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 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 ₹4,35,559 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 ₹5,000. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. ;
| Fund benchmark | NA |
|---|