Nippon India Multi Asset Fund - Direct (IDCW)


Multi Asset Allocation
  • NAV 20.34 (-0.27%)
  • Fund Size (Cr) ₹3313.76
  • Expense Ratio 0.29
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹100
  • Minimum Withdrawal ₹100
  • Exit Load 0%
  • Return Since Launch 20.44%

Basic Details

Scheme Manager
Vikram Dhawan
Bench Mark
50% of BSE 500 TRI, 20% of MSCI World Index TRI, 15% of CRISIL Short Term Bond Index & 15% of Do
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 14-Jun-24
  • 10014.72
  • 0.15%
  • -
  • 0.40%
  • 64/96
  • 1 Month
  • 21-May-24
  • 10214.63
  • 2.15%
  • -
  • 2.71%
  • 65/92
  • 3 Month
  • 21-Mar-24
  • 10889.73
  • 8.90%
  • -
  • 8.92%
  • 46/92
  • 6 Month
  • 21-Dec-23
  • 11678.85
  • 16.79%
  • -
  • 14.82%
  • 14/64
  • 1 Year
  • 21-Jun-23
  • 13429.71
  • 34.30%
  • 34.30%
  • 30.53%
  • 10/50
  • 3 Year
  • 21-Jun-21
  • 16704.15
  • 67.04%
  • 18.65%
  • 17.34%
  • 12/40
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 28-Aug-20
  • 20335.8
  • 103.36%
  • 20.44%
  • 14.41%
  • 25/96

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Jul-23
  • 120000
  • 141399.41
  • 17.83%
  • 17.83%
  • 3 Year
  • 01-Jul-21
  • 360000
  • 502218.14
  • 39.51%
  • 11.74%
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    2.42%
  • Beta
    0.58%
  • Sharpe Ratio
    1.21%
  • Treynor’s Ratio
    0.19%
  • Jension’s Alpha
    6.79%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 3.17%
  • 685000
  • 104.91
  • Equity
  • Banks
  • ICICI Bank
  • 2.88%
  • 850000
  • 95.29
  • Equity
  • Banks
  • Larsen & Toubro
  • 2.1%
  • 190000
  • 69.72
  • Equity
  • Infrastructure Developers & Operators
  • Reliance Industr
  • 1.73%
  • 200000
  • 57.22
  • Equity
  • Refineries
  • Tata Motors-DVR
  • 1.59%
  • 850000
  • 52.57
  • Equity
  • Automobile
  • ITC
  • 1.42%
  • 1100000
  • 46.91
  • Equity
  • Tobacco Products
  • Axis Bank
  • 1.4%
  • 400000
  • 46.49
  • Equity
  • Banks
  • NTPC
  • 1.34%
  • 1240000
  • 44.52
  • Equity
  • Power Generation & Distribution
  • St Bk of India
  • 1.33%
  • 530000
  • 44.01
  • Equity
  • Banks
  • TCS
  • 1.22%
  • 110000
  • 40.38
  • Equity
  • IT - Software

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Nippon India Multi Asset Fund - Direct (IDCW)
  • Stars
  • 3313.76
  • 2.15%
  • 8.90%
  • 16.79%
  • 34.30%
  • 18.65%
  • Quant Multi Asset Fund - Direct (G)
  • Stars
  • 2400.49
  • 1.61%
  • 11.17%
  • 27.27%
  • 51.13%
  • 26.53%
  • Quant Multi Asset Fund - Direct (IDCW)
  • Stars
  • 2400.49
  • 1.61%
  • 11.15%
  • 27.26%
  • 51.11%
  • 26.51%
  • UTI-Multi Asset Allocation Fund - Direct (G)
  • Stars
  • 2026.51
  • 2.08%
  • 8.25%
  • 18.53%
  • 37.54%
  • 19.04%
  • UTI-Multi Asset Allocation Fund - Direct (IDCW)
  • Stars
  • 2026.51
  • 2.08%
  • 8.25%
  • 18.54%
  • 37.54%
  • 19.04%
  • Nippon India Multi Asset Fund - Direct (G)
  • Stars
  • 3313.76
  • 2.15%
  • 8.90%
  • 16.79%
  • 34.30%
  • 18.65%

News

  • Nippon India MF Announces change in scheme name Nippon India Mutual Fund has announced change in scheme name under the following schemes, With immediate effect:

    Change in the name of the Scheme:

    Name of the Scheme Revised Name of the Scheme
    Nippon India Multi Asset Fund Nippon India Multi Asset Allocation Fund

    Powered by Capital Market - Live News

  • Nippon India Balanced Advantage Fund Announces Income Distribution cum Capital Withdrawal (IDCW) Nippon India Mutual Fund has announced 13 June 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan ? IDCW payout and direct plan ? IDCW payout of Nippon India Balanced Advantage Fund. The quantum of distribution will be Rs 0.2000 per unit under each plan / option as on the record date.

    Powered by Capital Market - Live News

  • Nippon MF Announces change in scheme name Nippon India Mutual Fund has announced change in scheme name under the following schemes, with effect from 01 June 2024:

    Change in the Scheme Name:

    Existing Name Revised Name
    Nippon India ETF S&P BSE Sensex Nippon India ETF BSE Sensex
    Nippon India ETF S&P BSE Sensex Next 50 Nippon India ETF BSE Sensex Next 50
    Nippon India Index Fund - S&P BSE Sensex Plan Nippon India Index Fund - BSE Sensex Plan

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 07-Aug-2020
  • Total AUM (Cr) ₹3313.76

Nippon India Multi Asset Fund - Direct (IDCW) is an Multi Asset Allocation-oriented fund from the renowned AMC, Nippon India Mutual Fund. Launched in Aug 2020, this fund is managed by Vikram Dhawan. With assets under management (AUM) worth ₹3313.76 (Cr), as of 21-Jun-2024, Nippon India Multi Asset Fund - Direct (IDCW) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 20.44% since its launch.
The current NAV of Nippon India Multi Asset Fund - Direct (IDCW) is ₹20.34, as on 21-Jun-2024. The fund’s benchmark index is 50% of BSE 500 TRI, 20% of MSCI World Index TRI, 15% of CRISIL Short Term Bond Index & 15% of Do. You can invest in Nippon India Multi Asset Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
10% of the units allotted can be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1.00% - If redeemed or switched out on or before completion of 12 months from the date of allotment of units Nil - If redeemed or switched out after completion 12 months from the date of allotment of units.
The fund has generated 18.65% and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 53.97% in Equity, 17.38% in Debt and 28.65% in cash and cash equivalents
The top 5 sectors the fund invests in are: 28.66% in Others, 17.38% in Debt, 10.92% in Banks, 4.05% in Finance and 3.68% in Pharmaceuticals & Biotech.

FAQs on Nippon India Multi Asset Fund - Direct (IDCW)

Nippon India Multi Asset Fund - Direct (IDCW) is a popular fund in the Multi Asset Allocation segment. The fund has generated a return of 20.44% since inception. Looking to invest in Nippon India Multi Asset Fund - Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Nippon India Multi Asset Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Nippon India Multi Asset Fund - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Nippon India Multi Asset Fund - Direct (IDCW) today and reap the benefits of this Multi Asset Allocation fund!

In the short term, i.e., 1 year, Nippon India Multi Asset Fund - Direct (IDCW) has generated annualised return of 34.30%. In the long-term, the fund has generated 18.65% and - in 3 and 5 years respectively. Since its inception, the fund has generated 20.44% returns.

The expense ratio of Nippon India Multi Asset Fund - Direct (IDCW) Direct Growth is 0.29%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Nippon India Multi Asset Fund - Direct (IDCW) is ₹3313.76 (Cr) as of 21 June 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Nippon India Multi Asset Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Nippon India Multi Asset Fund - Direct (IDCW):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Nippon India Multi Asset Fund - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Nippon India Multi Asset Fund - Direct (IDCW). Minimum lumpsum investment Nippon India Multi Asset Fund - Direct (IDCW) is ₹5000 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Nippon India Multi Asset Fund - Direct (IDCW) is ₹20.34 as on 21 June 2024.

The 5 biggest stock holdings of Nippon India Multi Asset Fund - Direct (IDCW) are:
HDFC Bank (3.17%), ICICI Bank (2.88%), Larsen & Toubro (2.1%), Reliance Industr (1.73%), Tata Motors-DVR (1.59%)

A majority of Nippon India Multi Asset Fund - Direct (IDCW) 's AUM worth ₹3313.76 (Cr) is invested in these 3 top sectors:

  • Others: 28.66%
  • Debt: 17.38%
  • Banks: 10.92%

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