Multi Asset Allocation · Hybrid

Nippon India Multi Asset Allocation Fund

Nippon Life India Asset Management Limited

Benchmark

50% BSE 500 TRI + 20% MSCI World Index TRI + 15% of Crisil Short Term Bond Index + 10% Domestic prices of Gold + 5% Domestic prices of Silver

Riskometer

Very High

Size

₹18,300 cr

Allotted

28 Aug 2020

Holdings as of

30 Sep 2026

Nippon India Multi Asset Allocation Fund is a multi asset allocation fund of Nippon Life India Asset Management Limited with ₹18,300 cr under management. It is ahead of its benchmark (50% BSE 500 TRI + 20% MSCI World Index TRI + 15% of Crisil Short Term Bond Index + 10% Domestic prices of Gold + 5% Domestic prices of Silver) in 2 of 3 periods. Its direct plan charges 0.48% a year.

Has Nippon India Multi Asset Allocation Fund beaten its benchmark?

Ahead of its benchmark, 50% BSE 500 TRI + 20% MSCI World Index TRI + 15% of Crisil Short Term Bond Index + 10% Domestic prices of Gold + 5% Domestic prices of Silver, in 2 of 3 periods in AMFI's figures; +6.05% over the last year against +16.20%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	−2.59%	−3.60%	—
3 months	−0.78%	−5.03%	—
6 months	+2.11%	−1.83%	—
1 year	+6.05%	−4.06%	+10.11 pts
3 years	+18.11%	+9.27%	+8.84 pts
5 years	+14.34%	+8.00%	+6.34 pts
10 years	—	+12.69%	—
Since start from 31 Aug 2020	+17.30%	—	—

Valarth price history to 13 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (50% BSE 500 TRI + 20% MSCI World Index TRI + 15% of Crisil Short Term Bond Index + 10% Domestic prices of Gold + 5% Domestic prices of Silver) in 2 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.05%	+4.95%	+16.20%	−10.15	🔒
3y	+18.08%	+16.72%	+17.51%	+0.57	🔒
5y	+14.32%	+12.92%	+13.08%	+1.24	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Multi Asset Allocation funds, and how steady the lead is, in the app

Value of 100, month-end

Aug 2020 to 13 Oct 2026

Fund 265Nifty 500 TRI 250

₹100 put in at the start of Aug 2020 would be ₹265 on 13 Oct 2026, against ₹250 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Nippon India Multi Asset Allocation Fund cost?

0.48% a year on the direct plan, 1.44% on the regular plan; 1 of 19 funds in its category charge less.

Direct plan

0.48% a year

Category median 0.79%

Regular plan

1.44% a year

Category median 2.10%

Gap

0.96 points

for the same holdings

1 of 19 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Hybrid Scheme - Multi Asset Allocation

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Nippon India Multi Asset Allocation Fund?

Vinay Sharma, since None.

Vinay Sharma

None years

since None

Benchmark as filed50% 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

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.

From 8 Scheme Summary Documents filed with NSE, first on 7 May 2026; as on 8 Oct 2026

What does Nippon India Multi Asset Allocation Fund hold?

168 holdings as of 30 Sep 2026; the ten largest are 30.5% of the fund, the largest iShares MSCI World ETF at 4.5%.

Mix

Holdings as of 30 Sep 2026

Equity62.0%Debt18.6%Cash5.7%Other13.7%

Holdings

168

90 shares

Top ten

30.5%

of the fund

Effective holdings

42.5

spread, as if equal-weighted

Matched to our table

93%

of the equity

Five largest

% of fund

iShares MSCI World ETF4.52%

ICICI Bank Limited3.44%

HDFC Bank Limited3.25%

Axis Bank Limited2.42%

State Bank of India1.69%

Five largest industries

% of fund

Banks19.9%

Retailing10.6%

Not stated7.30%

Finance5.10%

Consumer Durables4.90%

By company size

% of equity · SEBI size lists

Large Cap69.7%Mid Cap18.2%Small Cap12.2%

How does Nippon India Multi Asset Allocation Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Nippon India Multi Asset Allocation Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

Moves with its indexnot an index tracker

Nearest to the Nifty 50: 56% of it differs from the index (an active fund is usually above 60%).

Active share 55.7%60%

Funds that hold much the same

% of holdings in common

Nippon India Balanced Advantage Fund53.3% the same

44 shared holdings

Nippon India Flexi Cap Fund52.5% the same

46 shared holdings

NIPPON INDIA LARGE CAP FUND51.3% the same

38 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Nippon India Multi Asset Allocation Fund?

Vinay Sharma (manager) since None.

What is the expense ratio of Nippon India Multi Asset Allocation Fund?

0.48% a year on the direct plan and 1.44% on the regular plan (expense report, Oct 2026).

How has Nippon India Multi Asset Allocation Fund done?

Its direct plan returned +18.08% a year over 3 years against +17.51% for its benchmark, 50% BSE 500 TRI + 20% MSCI World Index TRI + 15% of Crisil Short Term Bond Index + 10% Domestic prices of Gold + 5% Domestic prices of Silver, as of 13 Oct 2026.