Should I invest in Nippon India Multi Asset Allocation Fund?

We don't give personal investment advice. Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 10.8%. 5-year CAGR: 16.91%.

Nippon India

Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option

Latest NAV

₹26.3932

As of

2 Jun 2026

1,415 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.43%	+0.19%	+0.23	7 / 35	Q1
1W	-0.71%	-0.97%	+0.26	10 / 35	Q2
2W	+0.09%	-0.24%	+0.32	12 / 35	Q2
1M	+0.41%	+0.23%	+0.18	15 / 35	Q2
3M	-0.67%	-1.35%	+0.69	13 / 33	Q2
6M	+4.39%	+2.66%	+1.73	10 / 33	Q2
YTD	+2.55%	+0.81%	+1.74	11 / 33	Q2
1Y	+16.84%	+12.65%	+4.19	7 / 28	Q1
2Y	+14.52%	+11.25%	+3.27	5 / 23	Q1
3Y	+21.04%	+16.82%	+4.22	2 / 12	Q1
4Y	+18.94%	+16.90%	+2.05	2 / 8	Q1
5Y	+16.91%	+15.26%	+1.65	3 / 8	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+18.53%	+12.89%	+5.63	5 / 35	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.55%	+0.81%	+1.74	11 / 33
2025	+20.72%	+17.52%	+3.20	5 / 26
2024	+19.88%	+16.83%	+3.05	3 / 15
2023	+25.65%	+22.93%	+2.73	2 / 9
2022	+4.63%	+7.52%	-2.88	7 / 8
2021	+20.64%	+25.85%	-5.21	5 / 8
2020	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+18.57%

59 windows

min -0.5% · max 37.1%

98% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+18.71%

34 windows

min 14.3% · max 22.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+18.28%

10 windows

min 16.7% · max 20.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

8.63%

3-year · annualised

Sharpe ratio

1.52

vs risk-free 6.5%

Sortino ratio

2.76

Downside-only deviation

Max drawdown

-10.78%

Jan 2026 → Mar 2026

% positive months

80.6%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Multi Asset Allocation Fund

Scheme	Fund house	NAV	As of
HDFC Multi-Asset Fund - Growth Option - Direct Plan	HDFC	₹82.3540	3 Jun 2026
SBI MULTI ASSET ALLOCATION FUND - DIRECT PLAN - GROWTH	SBI	₹73.7773	3 Jun 2026
ICICI Prudential Multi-Asset Fund - Direct Plan - Growth	ICICI Prudential	₹881.1632	2 Jun 2026
Invesco India Multi Asset Allocation Fund - Direct Plan - Growth	Invesco	₹12.4500	3 Jun 2026
Bandhan Multi Asset Allocation Fund - Direct Plan - Growth	Bandhan	₹14.5409	2 Jun 2026
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan	Quant	₹180.0410	3 Jun 2026
Quantum Multi Asset Allocation Fund - Direct Plan Growth Option	Quantum	₹12.1000	3 Jun 2026
Aditya Birla Sun Life Multi Asset Allocation Fund-Direct Growth	Aditya Birla Sun Life	₹17.2302	3 Jun 2026
Franklin India Multi Asset Allocation Fund- Direct-Growth	Franklin India	₹10.9111	3 Jun 2026
Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth	Mirae Asset	₹13.7090	3 Jun 2026

Recent NAVs

Date	NAV
2 Jun 2026	₹26.3932
1 Jun 2026	₹26.2813
29 May 2026	₹26.4480
27 May 2026	₹26.6230
26 May 2026	₹26.5825
25 May 2026	₹26.6315
22 May 2026	₹26.4869
21 May 2026	₹26.4413
20 May 2026	₹26.4133
19 May 2026	₹26.3700

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 02 Jun 2026, the NAV of Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is ₹26.3932. It's a Multi Asset Allocation Fund from Nippon India, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option has NAV history starting from 31 Aug 2020, a track record of about 5 years 9 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is managed by Nippon India. It's classified by AMFI under the 'Multi Asset Allocation Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option has delivered a absolute return of 16.84% — +4.19 pp ahead of the Multi Asset Allocation Fund category average of 12.65%. The fund ranks #7 of 28 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option has delivered a CAGR of 21.04% — +4.22 pp ahead of the Multi Asset Allocation Fund category average of 16.82%. The fund ranks #2 of 12 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option has delivered a CAGR of 16.91% — +1.65 pp ahead of the Multi Asset Allocation Fund category average of 15.26%. The fund ranks #3 of 8 in its category — the second (Q2) quartile.

₹1 lakh invested in Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option exactly 5 years ago would be worth approximately ₹218,380 today — a multiplier of 2.18×, based on the 5-year CAGR of 16.91%. The category average over the same window would have grown ₹1 lakh to ₹203,437.

A ₹10,000 monthly SIP in Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹938,205 today. That's an XIRR (money-weighted annualised return) of 17.91%.

Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹938,205 — XIRR 17.91%.

On a 5-year basis, Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option ranks #3 out of 8 funds in the Multi Asset Allocation Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 15.26%; this fund delivered 16.91%.

The worst peak-to-trough decline Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option has experienced over the last 5-year window is 10.78% — its NAV fell from a high on 29 Jan 2026 to a low on 23 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option averaged 18.28% (best 20.07%, worst 16.67%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 1.09 — strong risk-adjusted performance.

In calendar year 2025, Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option returned 20.72% — beating the Multi Asset Allocation Fund category average of 17.52% by 3.20 pp. It ranked #5 of 26 in its category that year.

Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 10.8%. 5-year CAGR: 16.91%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.