Nippon India Multi Asset Allocation Fund(G) Mutual fund

Nippon India Multi Asset Allocation Fund(G)

Q: How to Invest in Nippon India Multi Asset Allocation Fund through Rupeezy?

Go to the Rupeezy App Click on the Explore tab on the lower navigation bar. Select the category of funds, e.g., Equity - Large Cap or any other. View and compare all funds in the category on a Risk-Return graph. Select the fund you want to invest in. Choose Lumpsum or SIP. Select Investment Amount & make payment using UPI or Net Banking.

Q: Is Nippon India Multi Asset Allocation Fund good?

The Nippon India Multi Asset Allocation Fund has an AUM of ₹4683.26 Cr as on 12/20/2024. The scheme has delivered CAGR returns for the past 3 years against a category average of 14.29%. The risk is Very High against the category average of 49.28.

Q: Is Nippon India Multi Asset Allocation Fund tax free?

Mutual fund taxation depends on the scheme type and investment holding period. Taxation on hybrid funds: If equity allocation is 65% or above: STCG of 20% is applicable if units are sold within one year of purchase. For units sold after one year of purchase, LTCG of 12.5% is levied on gains above ₹1.25 lakhs in a financial year. If debt allocation in a hybrid fund is 65% or more, gains are added to income and taxed as per slab rate irrespective of the holding period.

Q: What is the lock-in period of Nippon India Multi Asset Allocation Fund?

There is no lock-in period applicable on Nippon India Multi Asset Allocation Fund.

Q: What is the expense ratio of Nippon India Multi Asset Allocation Fund?

The expense ratio of Nippon India Multi Asset Allocation Fund is 1.51%.

Hybrid

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Multi Asset Allocation

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Fund Details

Current NAV

₹20.05

Expense Ratio

1.51%

Min SIP

₹100

Fund Size

₹4683Cr

Min Investment

₹5.00K

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Scheme Information Document

Exit load: 10% of the units allotted can be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1.00% - If redeemed or switched out on or before completion of 12 months from the date of allotment of units Nil - If redeemed or switched out after completion 12 months from the date of allotment of units.

Fund Performance

Alpha

5.22%

Beta

0.63

Sharpe Ratio

1.0031

Risk

8.46%

Above numbers are based upon past 3 years

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Holding Pattern

Riskometer

Peer Comparison

Fund Management

Fund House Details

Nippon India Multi Asset Allocation Fund(G) FAQs

Q1. How to Invest in Nippon India Multi Asset Allocation Fund through Rupeezy?

Q2. Is Nippon India Multi Asset Allocation Fund good?

Q3. Is Nippon India Multi Asset Allocation Fund tax free?

Q4. What is the lock-in period of Nippon India Multi Asset Allocation Fund?

Q5. What is the expense ratio of Nippon India Multi Asset Allocation Fund?

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