3 Year return

19.18%
Launched on August 2020 (4 years)

Investment Details

₹100

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹3601.89 Cr.

Expense Ratio

0.29% (inclusive of GST)

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.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

VD

Vikram Dhawan

Fund Manager since Apr 2022

View Details

Fund House Details

Nippon India Mutual Fund

Nippon India Mutual Fund Asset management company

AUM ₹486,805.05 Cr.
No. of Schemes 290
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

About Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment

The Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment is managed by Nippon India Mutual Fund. The Nippon India Multi Asset Fund Direct Plan is a multicap fund, meaning it invests in equity and equity-related instruments across the market capitalisation spectrum of large, medium, and small-cap companies. It is an open-ended fund, which means that you can buy and sell units of the fund at any time. The expense ratio of the Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment is lower than the category average. This means that the fund charges lower fees to investors, which can help improve their returns over time.

Investment Objectives of the Scheme

The fund's investment objective is to generate returns that are higher than the returns of a benchmark index, such as the NIFTY 500 Multicap 50:25:25 Total Return Index.

Key Features of The Fund

5-year return NA
Expense Ratio 0.29%
Fund Manager Vikram Dhawan
Fund Size ₹3601.89 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund is suitable for investors who are looking for high returns over the medium to long term (3-5 years). However, it is important to note that this fund also carries a higher risk than other types of mutual funds, such as debt funds. You should research and consider your overall risk tolerance and financial goals before considering investing in the Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment.

AMC Contact Details

Name Nippon India Mutual Fund
Launch Date June 1995
Addresss Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013
Contact 1860 266 0111
Email customercare@nipponindiaim.in
Website https://mf.nipponindiaim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Invest Regularly, Achieve Your Goals with SIPs

Regular investing is a cornerstone of building wealth for the future. SIPs (Systematic Investment Plans) make investing consistent and hassle-free. By setting up a fixed amount to be invested periodically, you can benefit from rupee-cost averaging and potentially reduce the impact of market volatility. Angel One's SIP calculator helps you plan your investment strategy and estimate potential returns.

FAQs

What is today's NAV of Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment Jul 11 2024 is 21.0137

What is the AUM of Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment is 3601.89 crore.

What is the expense ratio of Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment is 0.29%

What are the returns of Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment since inception?

The Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment was launched on Aug 07 2020. The fund has delivered a CAGR of 21.15 since inception.

What is the minimum SIP amount to invest in Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment is 100.

How do I invest in Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Nippon India Multi Asset Fund Direct Plan IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.