HealthyDirect · GrowthFit for a long SIP
Nippon India Multi Asset Allocation Fund
Nippon India Mutual FundHybrid Scheme - Multi Asset Allocation6.2 years
- NAV
- 25.6328
- 26 Oct 2026
- 1Y
- +3.2%
- Trailing CAGR
- AUM
- ₹18,044.33 Cr
- 30 Sept 2026
- Volatility
- Medium
- 9.5% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 26 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 84% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
6.2 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.48% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -10.8%. Ask whether you can hold through a similar fall.
Vs category
Pass
84% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 34.6% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 11%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+3.2%
- 3Y+17.9%
- 5Y+13.4%
- 10Yn/a
- SI+16.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.5%
- 3Y+10.3%
- 5Y+14.5%
- 10Yn/a
- Since inception
- +16.7%
- Calendar-day CAGR
- Excess 1Y
- +2.5%
- Category median, same plan and option
- 3Y win rate
- +84%
- Windows beating the median
- 3Y percentile
- 86
- Vs comparable share classes
- SIP 3Y XIRR
- +10.3%
- Simulated monthly SIP
- Worst rolling 3Y
- +14.0%
- 774 daily-ending windows
- Median rolling 3Y
- +18.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 284 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -10.8%
- Worst peak-to-trough
- Current
- -7.6%
- Below last peak
- Current spell
- 62 days
- Days below latest peak
- Time below peak
- +78%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 7 days
- 109 recovered episodes
- Longest recovery
- 136 days
- Trough to prior peak
29 Jan 2026 – 6 Aug 2026
Trough 23 Mar 2026 · recovered in 136 days
-10.8%
4 Apr 2022 – 12 Aug 2022
Trough 20 Jun 2022 · recovered in 53 days
-9.5%
25 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-8.2%
27 Sept 2024 – 12 May 2025
Trough 7 Apr 2025 · recovered in 35 days
-8.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
86
Vs category
66
Consistency
74
Risk-adjusted
80
Drawdown
73
Mean
76
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 84% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 170 holdings · top 10 are 34.6%.
- Top 5
- 22.9%
- Top 10
- 34.6%
- Largest holding
- 7.9%
- Effective holdings
- 50.1
Nippon India ETF Gold BeES IDCW
Unspecified
7.9%
IShares MSCI World ETF
Unspecified
4.5%
Repo
Unspecified
3.6%
ICICI Bank Ltd
Financial
3.4%
GOLD MINI (100 GRAMS) COMMODITY JUNE 2020 FUTURE
Unspecified
3.4%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BANDHAN MULTI ASSET ALLOCATION FUND
Bandhan Mutual Fund
- 1Y
- +5.4%
- 3Y
- n/a
- Vol
- 9.2%
- Max DD
- -10.0%
- Sharpe
- 0.80
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Quantum Multi Asset Allocation Fund
Quantum Mutual Fund
- 1Y
- -3.3%
- 3Y
- n/a
- Vol
- 7.7%
- Max DD
- -10.5%
- Sharpe
- 0.16
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Bank of India Multi Asset Allocation Fund
Bank of India Mutual Fund
- 1Y
- +3.1%
- 3Y
- n/a
- Vol
- 9.1%
- Max DD
- -9.4%
- Sharpe
- 0.33
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Edelweiss Multi Asset Allocation Fund
Edelweiss Mutual Fund
- 1Y
- +6.1%
- 3Y
- +7.5%
- Vol
- 1.9%
- Max DD
- -1.8%
- Sharpe
- 0.90
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Kotak Multi Asset Allocation Fund
Kotak Mahindra Mutual Fund
- 1Y
- +3.7%
- 3Y
- +15.8%
- Vol
- 12.3%
- Max DD
- -13.8%
- Sharpe
- 0.76
- 3Y win
- +100%
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Higher TER · Lower trailing returns