Sharpe ratio
1.09Return earned for the risk taken.
Good
Good risk-adjusted returns. The fund has delivered strong returns for its level of risk.
+6.60%1Y Absolute Return
-0.46%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Nippon India Multi Asset Allocation Fund - Direct Plan - Growth OptionFund 5Y annualised return | ₹10,45,396 | ₹7,32,612 | ₹3,12,784 | +14.31% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.17
₹1 Lakh since launch₹1.17 Lakh
Fund age6.2 yrs
Fund information
Scheme code148457
ISININF204KB19V4
BenchmarkCRISIL Multi Asset Index
CategoryHybrid Scheme - Multi Asset Allocation
Expense ratio0.42%
Exit loadExit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Minimum SIP₹100 SIP
Return comparison
26th / 124 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +36.02% | — | — |
| 3M | -8.88% | — | — |
| 6M | +3.98% | — | — |
| 1Y | +6.60% | — | +3.20% |
| 3Y | +18.27% | — | +13.01% |
| 5Y | +14.31% | — | +10.73% |
| Since Launch | +17.42% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
1.56Return earned while limiting downside risk.
Good
Good downside protection with strong returns.
Standard deviation
11.55%How much the fund’s returns fluctuate over time.
Moderate volatility
Returns can move up and down noticeably.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
1.62How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Equity61.17%
Debt19.63%
Commodities12.54%
Cash5.39%
Real Estate1.27%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 171 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Nippon India ETF Gold BeES IDCW | Unspecified | Mutual Fund | 7.8114% |
| Repo | Unspecified | Repo | 5.6985% |
| IShares MSCI World ETF | Unspecified | Foreign Mutual Funds | 4.9334% |
| ICICI Bank Ltd | Financial | Equity | 4.0347% |
| Nippon India Silver ETF - Growth | Unspecified | Mutual Fund | 3.0273% |
| HDFC Bank Ltd | Financial | Equity | 2.7744% |
| State Bank of India | Financial | Equity | 1.8499% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 1.6684% |
| Zomato Ltd | Technology | Equity | 1.6504% |
| Trent Ltd | Consumer Discretionary | Equity | 1.5457% |
Fund management
VI
Vikram Dhawan
Since 2020 · Prior to joining Nippon India Mutual Fund he has worked with Nippon Life India AIF Management Limited, Reliance Capital Limited, Gold Matrix Pte, Vedanta Group, Zee Gold Refinery (Shirpur Gold Refinery), N.M. Rothschild & Sons., Bank of Nova Scotia, Birla Copper (Hindalco) and Synthetics & Chemicals Ltd.
Mr Dhawan has done B.E (Mechanical) and PGD Material Management.
VI
Vinay Sharma
Since 2025 · Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential AMC, Kotak Mahindra Mutual Fund, J.P. Morgan India Pvt. Ltd. and UTI Bank.
Mr. Sharma is B.Arch & PGDCM
AM
Amber Singhania
Since 2026 · Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
MMS Finance (Mumbai University)
SU
Sushil Budhia
Since 2021 · Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
Mr. Budhia has done CA
KI
Kinjal Desai
Since 2020 · She has been working with Nippon India Mutual Fund since year, 2012
Ms. Desai has done B.A (Economics), MSc. (Economics) and has cleared CFA Level 1
Compare similar funds
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Summary
A very high-risk hybrid scheme - multi asset allocation fund. Ahead of its category average over 3Y by 5.3 points.
Strengths
- Ahead of its category average over 3Y by 5.3 points.
- Losses and swings stayed contained — worst fall -10.8%, volatility 11.6%.
- Recovered from its worst fall in 4 months.
- Well spread out — top 10 holdings are only 19% of the portfolio.
- Same fund manager for 6+ years — the strategy has not chopped and changed.
- Ranks 26 of 124 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Needs a 4–5+ years horizon to ride out its very high risk level.
- Good fit for SIPs — spreading purchases smooths out 11.6% volatility.
Risk drivers
- None