September 22, 2022
mayank
Nippon India Asset Allocator FoF
NAV Growth: Rs 12.9606
NAV IDCW: Rs 12.9606
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The scheme seeks long term capital growth by investing in units of equity oriented schemes, debt oriented schemes and gold ETF of Nippon India Mutual Fund.
Fund Manager:
1) Sushil Budhia
Education: Mr. Budhia has done CA
Experience: Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
2) Ashutosh Bhargava
Education: Mr. Bhargava is B.Com & MBA (Finance)
Experience: Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (Rs) | — |
| Exit Load : | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 05-Feb-21 |
| Return Since Launch | 17.47% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 104 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.16% |
| (As on 31-Jul-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 78.00% |
Nippon India Asset Allocator FoF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Asset Allocator FoF Dir | 4.85 | -1.53 | 0.72 | 10.36 | 5.61 | 5.9 | — | — | — | — |
| VR Balanced TRI | 2.16 | -1.72 | -0.63 | 13.01 | 3.95 | 1.03 | — | — | — | — |
| Hybrid: Multi Asset Allocation | 2.68 | -1.3 | -0.27 | 8.91 | 3.39 | 3.99 | — | — | — | — |
| Rank within category | 6 | 16 | 4 | 8 | 4 | 5 | — | — | — | — |
| Number of funds in category | 21 | 22 | 22 | 22 | 22 | 20 | 12 | 8 | 8 | 1 |
Nippon India Asset Allocator FoF Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turn over (%) |
| Nippon Ind Asset Allocator FoF Dir | Unrated | 5.90 | — | — | 0.16 | 104 | 17.47 | 1.00 (365) | 1yrs 7mo | 78.00 |
| ICICI Pru Multi Asset Dir | 4 star | 14.15 | 20.71 | 14.06 | 1.19 | 14,227 | 15.81 | 1.00 (365) | 9yrs 8mo | 48.00 |
| HDFC Multi Asset Dir | 4 star | 4.32 | 16.89 | 11.11 | 0.89 | 1,595 | 10.91 | 1.00 (365) | 9yrs 8mo | 25.65 |
| SBI Multi Asset Allocation Dir | 4 star | 4.41 | 12.45 | 9.97 | 0.87 | 588 | 10.93 | 1.00 (365) | 9yrs 8mo | — |
| HDFC Asset Allocator FoF Dir | Unrated | 6.91 | — | — | 0.09 | 2,288 | 14.75 | 1.00 (365) | 1yrs 4mo | — |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 46,475 | 1,67,715 |
| Giant (%) | 25.48 | 52.06 |
| Large (%) | 15.51 | 20.23 |
| Mid (%) | 39.27 | 20.64 |
| Small (%) | 19.74 | 7.77 |
| Tiny (%) | — | 0.06 |
| Fund | Category | |
| Number of Securities | 6 | 38 |
| Modified Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance for Nippon India Asset Allocator FoF
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