Nippon India Multi Asset Allocation Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 21.9744 0.1579(0.724 %) NAV as on 05 May 2025
Scheme Objective: 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.
Performance (As on 05 May 2025)
6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|
Scheme | 2.89 % | 12.40 % | 18.78 % | N/A | 18.29 % |
NIFTY 500 | -4.67 % | 5.23 % | 15.77 % | 23.70 % | N/A |
Portfolio
Multi-asset allocation funds invest in different assets u2013 stocks, debt, gold, cash, derivatives. The combination of assets, range of allocations to each, and metrics used to arrive at allocations depend on each fund. Taxation is based on the average equity exposure of the 12 months preceding the date of redemption. If it is 65% or higher, it is taxed like an equity fund and as a debt fund if not.
These funds suit investors who exposure to different asset classes without having to decide allocations to each asset on their own. These funds need a holding period of at least 5 years.