Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 4/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 91/100 · Excellent
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)19.65%
- Expense ratio (20%)0.35%
- AUM (15%)₹16,926 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Nippon India Mutual Fund · Hybrid · Multi Asset Allocation
₹27.29
AUM: ₹16,926 Cr
NAV updated 23 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
0.35%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Fund Manager
Amit Tripathi
Inception
Aug 2020
Sharpe Ratio
0.7
Std Dev (1Y)
11.37%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.61%
3m
+3.62%
6m
+2.71%
1y
+15.54%
3y
+19.65%
5y
+15.81%
10y
—
since inception
+18.34%
TopFund's Take on Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option
Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option ranks among the stronger performers in the Multi Asset Allocation category, backed by a 4-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 91/100.
Cost: At 0.35%, the expense ratio is meaningfully cheaper — about 44% below the Multi Asset Allocation category average of 0.62% (based on 211 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.7 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 11.37% is on the lower side for a Multi Asset Allocation fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
Similar Funds
WhiteOak Capital Multi Asset Allocation Fund Direct Plan Growth
WhiteOak Capital Mutual Fund
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan
Quant Mutual Fund
Mahindra Manulife Multi Asset Allocation Fund- Direct Plan - Growth
Mahindra Manulife Mutual Fund
ICICI Prudential Multicap Fund - Direct Plan - Growth
ICICI Prudential Mutual Fund
Zerodha Multi Asset Passive FoF - Direct - Growth
Zerodha Mutual Fund
Kotak Multi Asset Allocation Fund - Direct Plan - Growth Option
Kotak Mahindra Mutual Fund
Tools & Guides for This Fund
Frequently Asked Questions about Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is ₹27.29. NAV is updated every business day after market close by AMFI.
1Y: 15.54% · 3Y CAGR: 19.65% · 5Y CAGR: 15.81%
The expense ratio of Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is 0.35% per annum. This is the annual fee charged by the fund to manage your investment.
Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is managed by Amit Tripathi at Nippon India Mutual Fund.
Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is ₹16,926 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
Discussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.