Click here for top ranked funds in multi asset allocation mutual funds.
However, Scripbox does not recommend investing in multi asset allocation mutual funds.
Multi Asset Allocation funds have exposure to at least 3 different asset classes.
This category has few funds and relatively small amounts invested in them.
Also each fund is unique in its investment strategy.It is better for investors to make the allocation to multiple asset classes themselves and choose the right funds in each asset class.
No single fund can achieve what a plan can. Learn why
Scheme Information
Investment Objective
The primary investment objective of Nippon India Multi Asset 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 as permitted by SEBI from time totime. However,there can be no assurance or guarantee that the investment objective of the Scheme will be achieved
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Nippon Life India Asset Management Ltd manages assets worth 215,397 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 90 equity,369 debt and 34 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A)
About Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A)
Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) is a multi asset allocation hybrid fund and has delivered an annualised return of 23.3% over a period of 1 years .The fund was previously known as Nippon India Multi Asset Reg DR.The fund is managed by Nippon Life India Asset Management Ltd.The fund managers are Ashutosh Bhargava, Kinjal Desai, Manish Gunwani, Sushil Budhia, Tejas Sheth, Vikram Dhawan
Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) Investment Objective
The primary investment objective of Nippon India Multi Asset 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 as permitted by SEBI from time totime. However,there can be no assurance or guarantee that the investment objective of the Scheme will be achieved However, there is no assurance that the objective of the scheme will be realized.
Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) NAV,AUM,Risk
The Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) fund was launched on Aug 28, 2020. The NAV (Net Asset Value) of this multi asset allocation hybrid as of 2021-07-23 is ₹ 12.33. The total AUM (Asset Under Management) of the fund as of 2021-07-26 is ₹ 1095.638. The category risk of the Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) fund is Very High Risk.
The fund charges 2.04 % as expense ratio.
Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) Holdings
The fund’s highest allocation is towards equity and has invested 69.2% in this asset class. The top three holdings of the fund are state bank of india,7.59% govt stock 2026 and 7.32% govt stock 2024
Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to CRISIL Short Term Bond Fund TR INR
Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) Review
Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) has a score of 2 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Multi Asset Fund Inc Dist cum Cap Wdrl (RIDCW-A) has a score of 3 out of 5.
Scipbox has rated this fund 1 out of 5 based on consistency of performance over various years / tenures.
