NRI from all over the world (including U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹19.81
-1.43%
NAV as on 16 Jan 25, 12:00 AM
very high risk
multi asset allocation
equity
NAV as on 16 Jan 25, 12:00 AM
very high risk
multi asset allocation
equity
19.63%p.a.
Last 1Y
15.31%p.a.
Last 3Y
0.00%p.a.
Last 5Y
17.91%p.a.
Since Inception
About Nippon India Multi Asset Allocation Fund Payout Inc Dist cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Multi Asset Allocation Fund Payout Inc Dist cum Cap Wdrl scheme from Nippon Life India Asset Management Ltd. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on Aug 2020, Nippon India Multi Asset Allocation Fund Payout Inc Dist cum Cap Wdrl is Multi Asset Allocation fund of its category with 4,683.26 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.
- Nippon India Multi Asset Allocation Fund Payout Inc Dist cum Cap Wdrl delivered 19.6% annual returns during the last year. It has delivered 17.9% average annual returns since the fund was launched.
- Nippon India Multi Asset Allocation Fund Payout Inc Dist cum Cap Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
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.
Top 10 Holdings
iShares MSCI World ETF
11.97%
Nippon India ETF Gold BeES
10.32%
ICICI Bank Ltd
3.19%
HDFC Bank Ltd
2.68%
Nippon India Silver ETF
2.67%
7.17% Govt Stock 2030
2.07%
Infosys Ltd
2.02%
Bharti Airtel Ltd
1.74%
Reliance Industries Ltd
1.66%
State Bank of India
1.61%
Fund Managers
- Ashutosh Bhargava (Aug 2020 - Present)
- Kinjal Desai (Aug 2020 - Present)
- Sushil Budhia (Mar 2021 - Present)
- Vikram Dhawan (Aug 2020 - Present)
Key Information
View Scheme Document
Nippon India Multi Asset Allocation Fund Payout Inc Dist cum Cap Wdrl SIP Calculator
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NRI Mutual Fund Tax on Nippon India Multi Asset Allocation Fund Payout Inc Dist cum Cap Wdrl
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Nippon India Multi Asset Allocation Fund Payout Inc Dist cum Cap Wdrl?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Nippon India Multi Asset Allocation Fund Payout Inc Dist cum Cap Wdrl
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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19.0%
ICICI Prudential Multi-Asset Fund Growth
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19.8%
Nippon India Multi Asset Allocation Fund Growth
very high risk | equity
15.3%
Frequently Asked Questions
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