Markets / Mutual funds / Multi Asset Allocation

Nippon India Multi Asset Allocation Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

Nippon India Mutual Fund · Hybrid fund · Direct plan · IDCW

Multi Asset AllocationDirect · IDCWRisk: Very High

NAV · 5 Nov 2026

₹25.1725 ▲ 1.51%

Nippon India Mutual Fund

Fund size₹17,454 crJuly - September 2026

1-month range₹24.04 – 25.17

1 year+1.15%

3 years+16.21%a year

5 years+13.26%a year

What the fund does

The primary investment objective of Nippon India Multi Asset Allocation 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, Silver ETF as permitted by SEBI from time to time. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Benchmark50% of BSE 500 TRI, 20% of MSCI World Index TRI, 15% of CRISIL Short Term Bond Index, 10% of Domestic prices of Gold & 5% of Domestic prices of Silver

Launched28 Aug 2020

Fund houseNippon India Mutual Fund

Fund managersVinay Sharma FM 1Vikram Dhawan FM 2Sushil Budhia FM 3Kinjal Desai FM 4Amber Singhania FM 5

NAV history

Returns

1 week

+3.40%avg 3.8%

1 month

+0.19%avg 1.9%

3 months

-4.00%avg -1.3%

6 months

-3.21%avg 0.8%

This year

-2.06%avg 2.8%

1 year

+1.15%avg 6.7%

3 years (a year)

+16.21%avg 15.5%

5 years (a year)

+13.26%avg 14.4%

Bars: this plan; the thin mark is the Multi Asset Allocation average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-0.3
2025	-1.1	-3.4	+4.4	+2.3	+3.4	+2.8	+0.3	+0.0	+3.5	+3.6	+1.5	+1.7
2026	+3.1	-1.1	-8.1	+6.3	+0.3	-0.9	+1.3	+1.6	-4.5	-3.0	+3.8

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held96168 lines in all

Top 10 stocks19.5%of the fund

Equity60.2%stocks and equity derivatives

Debt & cash39.8%everything else

Where the money is

Equity 60.2%Debt 12.6%Money market 3.2%Cash & others 24.0%

Sectors (stocks held)

Banks

12.3%

Retailing

6.6%

Finance

3.1%

Consumer Durables

3.0%

Automobiles

3.0%

Insurance

2.9%

IT - Software

2.2%

Power

2.1%

Credit quality (debt and money market)

AAA

6.5%

Sovereign

5.3%

AA+

2.3%

1.4%

AA-

0.3%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	60.2%	58.2%	+2.01
Debt	12.6%	14.3%	-1.67
Money market	3.2%	3.0%	+0.14
Cash & others	24.0%	24.5%	-0.48
Top 10 stocks	19.5%	20.1%	-0.59
Number of stocks	96	95	+1

New stocks 4

Godrej Consumer Products Limited0.47%
JSW Dulux Limited0.33%
Hero Fincorp Limited**0.28%
PB Fintech Limited0.24%

Stocks sold off 3

ICICI Prudential Asset Management Company Limitedwas 0.30%
One 97 Communications Limitedwas 0.27%
Cyient Dlm Ltdwas 0.15%

Bought more 7

HDFC Life Insurance Company Limited+0.91
HDFC Asset Management Company Limited+0.65
Max Financial Services Limited+0.44
Avenue Supermarts Limited+0.37
Life Insurance Corporation Of India+0.29
HDFC Bank Limited+0.27
Bluestone Jewellery and Lifestyle Limited+0.26

Cut back 2

ICICI Bank Limited-0.36
Samvardhana Motherson International Limited-0.34

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 96

Holding	Sector / type	% of fund
ICICI Bank Limited INE090A01021	Banks	3.44%
HDFC Bank Limited INE040A01034	Banks	3.25%
Axis Bank Limited INE238A01034	Banks	2.42%
State Bank of India INE062A01020	Banks	1.69%
Eternal Limited INE758T01015	Retailing	1.65%
Reliance Industries Limited INE002A01018	Petroleum Products	1.49%
Mahindra & Mahindra Limited INE101A01026	Automobiles	1.44%
Info Edge (India) Limited INE663F01032	Retailing	1.42%
Hindustan Aeronautics Limited INE066F01020	Aerospace & Defense	1.35%
Infosys Limited INE009A01021	IT - Software	1.35%
Hindustan Unilever Limited INE030A01027	Diversified FMCG	1.33%
HDFC Life Insurance Company Limited INE795G01014	Insurance	1.27%
Trent Limited INE849A01020	Retailing	1.24%
HDFC Asset Management Company Limited INE127D01025	Capital Markets	1.23%
Kotak Mahindra Bank Limited INE237A01036	Banks	1.16%
NTPC Limited INE733E01010	Power	1.14%
Varun Beverages Limited INE200M01039	Beverages	1.05%
Avenue Supermarts Limited INE192R01011	Retailing	1.01%
Life Insurance Corporation Of India INE0J1Y01017	Insurance	0.98%
Bajaj Auto Limited INE917I01010	Automobiles	0.97%
LG Electronics India Ltd INE324D01010	Consumer Durables	0.96%
Muthoot Finance Limited** INE414G07JZ7	CRISIL AA+	0.89%
Titan Company Limited INE280A01028	Consumer Durables	0.81%
Oil & Natural Gas Corporation Limited INE213A01029	Oil	0.81%
Swiggy Limited INE00H001014	Retailing	0.81%
Jubilant Foodworks Limited INE797F01020	Leisure Services	0.76%
Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	0.75%
Bluestone Jewellery and Lifestyle Limited INE304W01038	Consumer Durables	0.71%
Max Financial Services Limited INE180A01020	Insurance	0.68%
Siemens Energy India Limited INE1NPP01017	Electrical Equipment	0.67%
Devyani International Limited INE872J01023	Leisure Services	0.65%
Bharti Airtel Limited INE397D01024	Telecom - Services	0.61%
Tata Consumer Products Limited INE192A01025	Agricultural Food & other Products	0.60%
Bajaj Finserv Limited INE918I01026	Finance	0.60%
Hyundai Motor India Ltd INE0V6F01027	Automobiles	0.59%
Tube Investments of India Limited INE974X01010	Auto Components	0.56%
Muthoot Finance Limited** INE414G07KC4	CRISIL AA+	0.55%
Cholamandalam Financial Holdings Limited INE149A01033	Finance	0.54%
Shriram Finance Limited INE721A01047	Finance	0.53%
Vedanta Aluminium Metal Limited INE1CDF01017	Non - Ferrous Metals	0.53%
ITC Limited INE154A01025	Diversified FMCG	0.49%
Bharat Dynamics Limited INE171Z01026	Aerospace & Defense	0.48%
Balkrishna Industries Limited INE787D01026	Auto Components	0.48%
Piramal Finance Limited INE202B01038	Finance	0.48%
Jindal Steel Limited INE749A01030	Ferrous Metals	0.47%
Godrej Consumer Products Limited INE102D01028	Personal Products	0.47%
InterGlobe Aviation Limited INE646L01027	Transport Services	0.43%
Cholamandalam Investment and Finance Company Ltd** INE121A07SU3	ICRA AA+	0.42%
GE Vernova T&D India Limited INE200A01026	Electrical Equipment	0.41%
Bajaj Finance Limited INE296A01032	Finance	0.40%
ZF Commercial Vehicle Control Systems India Limited INE342J01019	Auto Components	0.39%
Kirloskar Oil Engines Limited INE146L01010	Industrial Products	0.38%
RBL Bank Limited INE976G01028	Banks	0.37%
Tech Mahindra Limited INE669C01036	IT - Software	0.37%
Samvardhana Motherson International Limited INE775A01035	Auto Components	0.35%
Mankind Pharma Limited INE634S01028	Pharmaceuticals & Biotechnology	0.35%
United Spirits Limited INE854D01024	Beverages	0.34%
Coforge Limited INE591G01025	IT - Software	0.34%
JSW Dulux Limited INE133A01011	Consumer Durables	0.33%
Power Finance Corporation Limited INE134E01011	Finance	0.33%
FSN E-Commerce Ventures Limited INE388Y01029	Retailing	0.32%
Grasim Industries Limited INE047A01021	Cement & Cement Products	0.31%
Apollo Hospitals Enterprise Limited INE437A01024	Healthcare Services	0.31%
NTPC Green Energy Limited INE0ONG01011	Power	0.31%
Acme Solar Holdings Ltd INE622W01025	Power	0.31%
KFin Technologies Limited INE138Y01010	Capital Markets	0.28%
TBO Tek Limited INE673O01025	Leisure Services	0.28%
Hero Fincorp Limited** INE957N07906	CRISIL AA+	0.28%
Tata Capital Limited** INE976I07DE9	CRISIL AAA	0.28%
Sai Life Sciences Limited INE570L01029	Pharmaceuticals & Biotechnology	0.27%
Vedanta Limited INE205A01025	Diversified Metals	0.26%
L&T Finance Limited INE498L01015	Finance	0.26%
PB Fintech Limited INE417T01026	Financial Technology (Fintech)	0.24%
Britannia Industries Limited INE216A01030	Food Products	0.23%
Delhivery Limited INE148O01028	Transport Services	0.23%
Kaynes Technology India Limited INE918Z01012	Industrial Manufacturing	0.21%
UltraTech Cement Limited INE481G01011	Cement & Cement Products	0.20%
Kansai Nerolac Paints Limited INE531A01024	Consumer Durables	0.20%
Hindustan Petroleum Corporation Limited INE094A01015	Petroleum Products	0.20%
PTC India Limited INE877F01012	Power	0.19%
SBI Funds Management Limited INE640G01020	Capital Markets	0.18%
Global Health Limited INE474Q01031	Healthcare Services	0.18%
SRF Limited INE647A01010	Chemicals & Petrochemicals	0.17%
Mazagon Dock Shipbuilders Limited INE249Z01020	Industrial Manufacturing	0.17%
NLC India Limited INE589A01014	Power	0.17%
Max Estates Limited INE03EI01018	Realty	0.17%
Sanofi Consumer Healthcare India Limited INE0UOS01011	Pharmaceuticals & Biotechnology	0.16%
Persistent Systems Limited INE262H01021	IT - Software	0.15%
Alkem Laboratories Limited INE540L01014	Pharmaceuticals & Biotechnology	0.15%
Prestige Estates Projects Limited INE811K01011	Realty	0.15%
DLF Limited INE271C01023	Realty	0.15%
TeamLease Services Limited INE985S01024	Commercial Services & Supplies	0.14%
Small Industries Dev Bank of India** INE556F08LE6	CRISIL AAA	0.14%
Mahindra & Mahindra Financial Services Limited** INE774D07VP7	CRISIL AAA	0.14%
Thomas Cook (India) Limited INE332A01027	Leisure Services	0.12%
Arvind Fashions Limited INE955V01021	Retailing	0.12%

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Debt, money market and cash 72

Holding	Sector / type	% of fund
Nippon India ETF Gold Bees INF204KB17I5	–	7.94%
iShares MSCI World ETF US4642863926	–	4.52%
Triparty Repo	–	3.60%
Nippon India Silver ETF INF204KC1402	–	2.70%
Cash Margin - Derivatives	–	1.30%
364 Days Tbill IN002025Z302	–	1.10%
182 Days Tbill IN002026Y071	–	0.96%
Net Current Assets	–	0.77%
Altius Telecom Infrastructure Trust INE0BWS23018	Telecom - Services	0.75%
Knowledge Realty Trust INE1JAR25012	Realty	0.72%
8.95% Vedanta Limited** INE205A08095	CRISIL AA+	0.58%
7.67% State Government Securities IN1020220126	SOVEREIGN	0.56%
7.28% REC Limited** INE020B08GI3	CRISIL AAA	0.55%
91 Days Tbill IN002026X149	–	0.55%
7.17% Government of India IN0020230036	SOVEREIGN	0.53%
7.79% Bajaj Finance Limited** INE296A07UC7	CRISIL AAA	0.53%
Cube Highways Trust-InvIT Fund INE0NR623014	Transport Infrastructure	0.49%
7.44% National Bank For Agriculture and Rural Development INE261F08EU4	CRISIL AAA	0.44%
Indus Infra Trust INE0NHL23019	Transport Infrastructure	0.42%
8.75% Vedanta Limited** INE205A08103	ICRA AA+	0.42%
8.15% Tata Capital Limited** INE976I07DF6	CRISIL AAA	0.41%
7.29% Small Industries Dev Bank of India** INE556F08LG1	CRISIL AAA	0.41%
91 Days Tbill IN002026X172	–	0.41%
IndiGrid Infrastructure Trust INE219X23014	Power	0.40%
8.5% Godrej Finance Limited** INE02KN08012	CRISIL AA+	0.37%
8.15% Gabriel India Limited** INE524A08016	CRISIL AA+	0.33%
8.8% REC Limited** INE020B08BS3	CRISIL AAA	0.31%
8.2% Adani Power Limited** INE814H07208	CRISIL AA	0.30%
JSW Kalinga Steel Limited INE2QI808033	CRISIL AA	0.29%
8.65% Bharti Telecom Limited** INE403D08231	CRISIL AAA	0.28%
7.83% Small Industries Dev Bank of India** INE556F08KL3	CRISIL AAA	0.28%
7.6% Power Finance Corporation Limited** INE134E08MX3	CRISIL AAA	0.28%
7.68% National Bank For Agriculture and Rural Development** INE261F08EG3	CRISIL AAA	0.28%
7.48% National Bank For Agriculture and Rural Development INE261F08EO7	CRISIL AAA	0.28%
7.61% Small Industries Dev Bank of India** INE556F08LD8	CRISIL AAA	0.28%
5.77% Government of India IN0020200153	SOVEREIGN	0.27%
9.05% Veritas Finance Private Limited** INE448U07356	CARE AA-	0.27%
7.7% Nuvoco Vistas Corporation Limited INE118D08078	CRISIL AA	0.27%
7.79% Tata Capital Housing Finance Limited** INE033L07IU8	CRISIL AAA	0.27%
7.16% National Bank For Agriculture and Rural Development INE261F08EV2	ICRA AAA	0.27%
7.27% Power Finance Corporation Limited INE134E08ND3	CRISIL AAA	0.27%
7.24% Government of India IN0020250075	SOVEREIGN	0.26%
8% Adani Power Limited** INE814H07190	CRISIL AA	0.25%
9.75% Delhi International Airport Limited** INE657H08035	ICRA AA	0.24%
Raajmarg Infra Investment Trust INE2PB023011	Transport Infrastructure	0.23%
8.15% JIO Credit Limited** INE282H07067	CRISIL AAA	0.22%
7.8% Torrent Pharmaceuticals Limited** INE685A07173	ICRA AA+	0.19%
7.61% Kotak Mahindra Investments Limited** INE975F07JB0	CRISIL AAA	0.19%
7.55% L&T Metro Rail (Hyderabad) Limited** INE128M08094	CRISIL AAA(CE)	0.19%
Liquid Gold Series** INE2R5L15013	CRISIL AAA(SO)	0.19%
7.51% State Government Securities IN1520260127	SOVEREIGN	0.16%
8.41% Housing & Urban Development Corporation Limited** INE031A08699	ICRA AAA	0.14%
7.94% ICICI Home Finance Company Limited** INE071G07736	ICRA AAA	0.14%
8.1% Torrent Power Limited** INE813H07432	CRISIL AA+	0.14%
7.4% Bharti Telecom Limited INE403D08298	CRISIL AAA	0.14%
364 Days Tbill IN002025Z344	–	0.14%
8.5% Godrej Housing Finance Limited** INE02JD08023	CRISIL AA+	0.13%
7.4% ICICI Bank Limited** INE090A08UN9	ICRA AAA	0.13%
7.1% State Government Securities IN1920210219	SOVEREIGN	0.11%
8.4% Godrej Housing Finance Limited** INE02JD07041	CRISIL AA+	0.11%
7.96% HDB Financial Services Limited** INE756I07FB6	CRISIL AAA	0.08%
6.75% State Government Securities IN1320210033	SOVEREIGN	0.06%
7.7% State Government Securities IN2220230162	SOVEREIGN	0.06%
6.85% State Government Securities IN2920200622	SOVEREIGN	0.05%
7.17% State Government Securities IN3120240574	SOVEREIGN	0.05%
National Highways Infra Trust** INE0H7R07066	CARE AAA	0.05%
National Highways Infra Trust** INE0H7R07058	CARE AAA	0.05%
6.85% National Bank For Agriculture and Rural Development** INE261F08DA8	ICRA AAA	0.04%
7.73% State Government Securities IN1920230175	SOVEREIGN	0.03%
7.77% State Government Securities IN1020230612	SOVEREIGN	0.03%
7.62% National Bank For Agriculture and Rural Development** INE261F08DV4	CRISIL AAA	0.03%
Cash Margin - CCIL	–	0.01%

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From the fund house's monthly portfolio (mf.nipponindiaim.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility11.8%yearly, from daily NAVs

Worst fall-11.80%29 Jan 2026 → 23 Mar 2026

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 Aug 2020).

Where it can invest (limits from the scheme document)

Commodities

10–30%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹17,454 cr across all plans · this plan ₹21.44 cr
Fund house	Nippon India Mutual Fund
Category	Hybrid · Multi Asset Allocation
Plan	Direct
Option	IDCW
Exit load	10% of the units allotted shall 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% 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 of 12 months from the date of allotment of units.
Minimum investment	₹5,000 · additional ₹1,000
Scheme code (AMFI)	148458
ISIN	INF204KB10W1
NAV date	5 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹26.6923	+7.26%
Regular · Growth	₹24.6212	+6.16%
Regular · IDCW	₹23.1068	-0.37%

Top Multi Asset Allocation funds (direct plans)

Fund	1 year	3 years (a year)
Quant Multi Asset Allocation Fund	+11.66%	+21.88%
Nippon India Multi Asset Allocation Fund	+7.26%	+18.50%
DSP Multi Asset Allocation Fund	+8.82%	+18.26%
Kotak Multi Asset Allocation Fund	+9.01%	+17.24%
Aditya Birla Sun Life Multi Asset Allocation Fund	+9.73%	+16.90%
WhiteOak Capital Multi Asset Allocation Fund	+8.93%	+16.71%
Baroda BNP Paribas Multi Asset Fund	+6.11%	+15.22%
UTI Multi Asset Allocation Fund	+2.82%	+15.06%

All Multi Asset Allocation funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of Nippon India Multi Asset Allocation Fund - Direct Plan - IDCW today?

₹25.1725 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of Nippon India Multi Asset Allocation Fund - Direct Plan - IDCW?

1 year: 1.15%, 3 years: 16.21% a year, 5 years: 13.26% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.