Multi Asset Allocation
Fund Type
Open Ended
Investment Plan
Growth
Investment Plan
1%
Benchmark
S&P BSE 500
Asset Size
836.72 Cr.
(As of 31 Dec, 2020)
Risk
Moderate
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
Fund manager
Amit Tripathi
Exit load
1 %
(If redeemed within 365 days)Minimum sip
₹500
Minimum investment
₹5000
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
HDFC Bank Ltd
4.84%
State Bank Of India
3.88%
Nippon India ETF Gold BeES
3.74%
ICICI Bank Ltd
3.66%
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
This fund is rated 0 stars by Morning Star Ratings.
With Average Assets Under Management (AAUM) of Rs 2,33,628.56 Crores (January 2019 - March 2019 QAAUM) and 90.67 lakhs folios (as on March 31, 2019), Reliance Nippon Life Asset Management Ltd is one of India's leading mutual funds. Reliance Nippon Life Asset Management Ltd is one of the fastest growing mutual funds in India, offering investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 300 cities (as on March 31, 2019) across the country. Reliance Nippon Life Asset Management Ltd constantly endeavours to launch innovative products and customer service initiatives to increase value to investors.
Vision statement of Reliance Nippon Life Asset Management Ltd - To be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governance.
Mission statement of Reliance Nippon Life Asset Management Ltd - To create and nurture a world-class, high performance environment aimed at delighting our customers.
Main objectives of Reliance Nippon Life Asset Management Ltd are