Nippon India Multi Asset Allocation Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Scheme Objective

To seek long term capital growth by investing in equity and equity related securities, debt & money market instruments and Exchange Traded Commodity Derivatives and Gold ETF, Silver ETF as permitted by SEBI from time to time.

Scheme Details

Fund manager(s) – Kinjal Desai , Ashutosh Bhargava , Sushil Budhia , Lokesh Maru , Vikram Dhawan , Divya Dutt Sharma
Launch date – 27-Aug-2020
Expense ratio – 0.27% as declared on 30-Sep-2025 (category average is 0.54%)
Benchmark - 50% of BSE 500 TRI, 20% of MSCI World Index TRI, 15% of Crisil Short Term Bond Index & 15% of Domestic prices of Gold

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Nippon India Multi Asset Allocation Fund - Direct Plan - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

7759.34

0.00

0.00%

Sep - 2025	7759.34	0.00%
Aug - 2025	6959.46	0.00%
Jul - 2025	6649.41	0.00%
Jun - 2025	6367.91	0.00%
May - 2025	5980.56	0.00%
Apr - 2025	5622.71	0.00%
Mar - 2025	5330.14	0.00%
Feb - 2025	4949.80	0.00%
Jan - 2025	5001.93	0.00%

2024

4850.17

0.00

0.00%

Dec - 2024	4850.17	0.00	0.00%
Nov - 2024	4683.26	0.00	0.00%
Oct - 2024	4500.39	0.00	0.00%
Sep - 2024	4343.57	0.00	0.00%
Aug - 2024	4095.21	0.00	0.00%
Jul - 2024	3854.24	0.00	0.00%
Jun - 2024	3601.89	0.00	0.00%
May - 2024	3313.76	82250.67	4.03%
Apr - 2024	3120.10	78415.52	3.98%
Mar - 2024	2905.33	72872.97	3.99%
Feb - 2024	2702.84	66980.35	4.04%
Jan - 2024	2543.08	62406.38	4.08%

2023

2321.84

55539.97

4.18%

Dec - 2023	2321.84	55539.97	4.18%
Nov - 2023	2020.43	50847.67	3.97%
Oct - 2023	1757.03	45867.85	3.83%
Sep - 2023	1537.72	43947.61	3.50%
Aug - 2023	1448.37	36996.00	3.91%
Jul - 2023	1413.27	35468.47	3.98%
Jun - 2023	1303.00	32702.22	3.98%
May - 2023	1230.54	30558.98	4.03%
Apr - 2023	1184.58	29419.02	4.03%
Mar - 2023	1155.17	28112.31	4.11%
Feb - 2023	1133.86	27349.25	4.15%
Jan - 2023	1152.92	27183.93	4.24%

2022

1143.83

25193.31

4.54%

Dec - 2022	1143.83	25193.31	4.54%
Nov - 2022	1169.80	23636.76	4.95%
Oct - 2022	1145.49	22920.03	5.00%
Sep - 2022	1107.81	22051.49	5.02%
Aug - 2022	1147.28	22241.85	5.16%
Jul - 2022	1136.33	21546.22	5.27%
Jun - 2022	1088.79	20338.20	5.35%
May - 2022	1131.37	20844.08	5.43%
Apr - 2022	1150.22	20988.05	5.48%
Mar - 2022	1181.49	20757.40	5.69%
Feb - 2022	1170.07	20058.88	5.83%
Jan - 2022	1196.06	20185.33	5.93%

2021

1195.08

19544.71

6.11%

Dec - 2021	1195.08	19544.71	6.11%
Nov - 2021	1174.04	19209.22	6.11%
Oct - 2021	1201.68	19317.17	6.22%
Sep - 2021	1153.52	18796.20	6.14%
Aug - 2021	1181.55	17908.02	6.60%
Jul - 2021	1147.29	17325.72	6.62%
Jun - 2021	1095.64	16894.56	6.49%
May - 2021	1048.50	16697.11	6.28%
Apr - 2021	998.65	15801.22	6.32%
Mar - 2021	963.22	15535.02	6.20%
Feb - 2021	925.83	15541.33	5.96%
Jan - 2021	860.05	14354.32	5.99%

2020

836.72

14755.66

5.67%

Dec - 2020	836.72	14755.66	5.67%
Nov - 2020	790.79	14061.92	5.62%
Oct - 2020	752.86	13141.64	5.73%
Sep - 2020	802.84	13259.07	6.06%
Aug - 2020	699.29	13900.25	5.03%

Tax Rate

Please check with your Tax Advisor.

Contact Details

Nippon Life India Asset Management Limited

Registered Office: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400 013
Tel no.: 022-6808 7000/1860 266 0111
Fax no.: 022-6808 7097
Website.: mf.nipponindiaim.com