Nippon India Multi Asset Allocation Fund
The scheme seeks long term capital growth by investing in equity and equity related securities, debt & money market instruments and Exchange Traded Commodity Derivatives, Gold & Silver ETF as permitted by SEBI from time to time.
Growthvine rating: 5/5 — ranked #1 of 48 in category.
Fund basics
| Category | Hybrid: Multi Asset |
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| NAV | ₹25.59 (as of 2026-08-21) |
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| AUM | ₹16,000 Cr |
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| Expense ratio | 1.15% |
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| Riskometer | Very High |
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| Fund manager | Vinay Sharma |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months |
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Performance & risk
| 5-year annualised return | 15.07% |
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| Sharpe ratio | 1.16 |
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| Standard deviation | 9.48% |
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| Max drawdown | -10.92% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 123.5% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 58.4% of its downside.
Market cap allocation
| Large cap | 70.0% |
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| Mid cap | 18.6% |
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| Small cap | 11.5% |
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Concentration
| Top 5 holdings | 15.0% |
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| Top 10 holdings | 23.1% |
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| Total holdings | 93 |
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Top holdings
- Nippon India ETF Gold Bees — 8.1%
- iShares MSCI World ETF — 4.7%
- Triparty Repo — 4.1%
- ICICI Bank Ltd. — 4.0%
- Nippon India Silver ETF — 2.8%
- HDFC Bank Ltd. — 2.5%
- State Bank Of India — 1.9%
- AXIS Bank Ltd. — 1.9%
- Mahindra & Mahindra Ltd. — 1.8%
- Eternal Limited — 1.7%
Top sectors
- Banking & Financial — 13.7%
- Retail — 7.0%
- Automobile — 5.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 7.0% | Q1 (Top) | #8 of 44 |
| 2025 | 19.6% | Q1 (Top) | #5 of 34 |
| 2024 | 18.6% | Q1 (Top) | #4 of 23 |
| 2023 | 24.3% | Q1 (Top) | #5 of 17 |
| 2022 | 3.2% | Q3 | #10 of 14 |