FAQ : Nippon India Multi Asset Fund - Regular Plan - Growth

Nippon India Multi Asset Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 31.82 16.88 N/A N/A
Average Rolling Returns(%) 15.47 16.51 N/A N/A

The Current NAV of Nippon India Multi Asset Fund - Regular Plan - Growth is ₹18.11.

It is better to invest in a fund with a longer track record as Nippon India Multi Asset Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark S&P BSE 500 - TRI returns, as Funds portfolio is significantly different.

Nippon India Multi Asset Fund - Regular Plan - Growth fund’s expense ratio is 1.57%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Nippon India Multi Asset Fund - Regular Plan - Growth is currently ₹2,905 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Larsen & Toubro and account for 8% of its portfolio. Top 5 and 10 stocks of fund account for 12% and 18% of fund’s portfolio respectively.

Top three sectors of Nippon India Multi Asset Fund - Regular Plan - Growth fund are Others, BFSI and Auto accounting for 64% of the total portfolio.

Since this is a Hybrid - Multi Asset Allocation it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Nippon India Multi Asset Fund - Regular Plan - Growth Fund is Hybrid - Multi Asset Allocation.

Ashutosh Bhargava and Vikram Dhawan manage the Nippon India Multi Asset Fund - Regular Plan - Growth Fund.

Nippon India Multi Asset Fund - Regular Plan - Growth current PE ratio is 37.07 and PB ratio is 8.81

The asset allocation of Nippon India Multi Asset Fund - Regular Plan - Growth is Stocks : 52.21%, Debt : 17.81% and Gold : 30%

The minimum SIP amount for Nippon India Multi Asset Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹5000.00

The exit load for Nippon India Multi Asset Fund - Regular Plan - Growth is Nil upto 10% of units and 1% for remaining units on or before 12 months, Nil after 12 months

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