Nippon India Multi Asset Allocation Fund - IDCW PAYOUT

Nippon India Multi Asset Allocation Fund - IDCW PAYOUT is a scheme launched by Nippon Mutual Fund on August 27, 2020, and falls under the Multi Asset Allocation fund category. It currently manages an AUM of Rs 6,959.46 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 5000. It charges an expense ratio of 1.49% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Nippon India Multi Asset Allocation Fund - IDCW PAYOUT trailing returns over different times are 13.51% (1 year), 21.96% (3 year) and 18.63% (5 year). The average annual return of this fund stands at 16.61%.