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 55 in category.
Fund basics
| Category | Hybrid: Multi Asset |
|---|
| NAV | ₹23.91 (as of 2026-10-21) |
|---|
| AUM | ₹17,984 Cr |
|---|
| Expense ratio | 1.14% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Vinay Sharma |
|---|
| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months |
|---|
Performance & risk
| 5-year annualised return | 13.46% |
|---|
| Sharpe ratio | 1.07 |
|---|
| Standard deviation | 9.91% |
|---|
| Max drawdown | −10.92% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 127.2% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 70.1% of its downside.
Market cap allocation
| Large cap | 68.8% |
|---|
| Mid cap | 18.9% |
|---|
| Small cap | 12.3% |
|---|
Concentration
| Top 5 holdings | 15.3% |
|---|
| Top 10 holdings | 22.7% |
|---|
| Total holdings | 91 |
|---|
Top holdings
- Nippon India ETF Gold Bees — 7.9%
- iShares MSCI World ETF — 4.5%
- Triparty Repo — 3.6%
- ICICI Bank Ltd. — 3.4%
- HDFC Bank Ltd. — 3.3%
- Nippon India Silver Fund — 2.7%
- AXIS Bank Ltd. — 2.4%
- State Bank Of India — 1.7%
- Eternal Limited — 1.6%
- Reliance Industries Ltd — 1.5%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −0.0% | Q1 (Top) | #11 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 |