Nippon India Multi Asset Allocation Fund Direct Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio2.03
• Std Deviation 7.42%
• Tracking Error 0.00%

The primary investment objective of Nippon India Multi Asset Allocation Fund is 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. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

The Nippon India Multi Asset Allocation Fund Direct Growth has an AUM of 12513.31 crores & has delivered CAGR of 17.96% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.26%. The minimum investment in Nippon India Multi Asset Allocation Fund Direct Growth is Rs 5000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include NIPPON INDIA ETF GOLD BEES, Triparty Repo, iShares MSCI World ETF & Nippon India Silver ETF .

The major sectors where the fund is invested are Regional Banks, Electric Utilities, Consumer Financial Services & Software & Programming.

Some of the similar funds are ICICI Prudential Multi-Asset Fund Direct Plan Growth, Nippon India Multi Asset Allocation Fund Direct Growth, SBI Multi Asset Allocation Fund Direct Plan Growth, UTI Multi Asset Allocation Fund Direct Growth Option, Kotak Multi Asset Allocation Fund Direct Growth. Nippon India Multi Asset Allocation Fund Direct Growth has a sharpe ratio of 2.03 & a standard deviation of 7.42%.