FoFFoF DomesticRegularGrowthVery High

Nippon India Multi - Asset Omni FoF

Q: What is the NAV of Nippon India Multi - Asset Omni FoF?

As of 05 Oct 2026, the NAV of Nippon India Multi - Asset Omni FoF is ₹23.02 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Nippon India Multi - Asset Omni FoF delivered?

Nippon India Multi - Asset Omni FoF has returned +4.48% over 1 year, +14.60% per year over 3 years, +13.42% per year over 5 years and +15.56% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Nippon India Multi - Asset Omni FoF?

Nippon India Multi - Asset Omni FoF charges an expense ratio of 1.08% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Nippon India Multi - Asset Omni FoF?

Nippon India Multi - Asset Omni FoF's largest holdings are Nippon India Growth Mid Cap Fd-Dir Pl-Gr Pl-GrOpt (20.8%), Nippon India Large Cap Fund-Direct Growth Plan (20.3%), Nippon India Nifty Smallcap 250 Ind FundDi Pl-GrOp (15.8%), Nippon India Short Term Fd-Dir Pl Gr Pl-Gr Opt (9.9%) and Nippon India Gilt Sec Fund Dir Pl Growth Pl Gr Op (7.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Nippon India Multi - Asset Omni FoF?

Nippon India Multi - Asset Omni FoF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 10.6% and its worst peak-to-trough fall in our sample was -11.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.76 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Nippon India Multi - Asset Omni FoF's 0.76 means it has rewarded its volatility with excess return. Higher is better.

Q: Who manages Nippon India Multi - Asset Omni FoF?

Nippon India Multi - Asset Omni FoF is managed by Sushil Budhia, Shirish Valmik Guthe and Vikram Dhawan at Nippon India.

Q: How is Nippon India Multi - Asset Omni FoF taxed?

Nippon India Multi - Asset Omni FoF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.

Nippon India Mutual Fund · Best Domestic Fund of Funds

NAV

₹23.02

+0.31% 1D

as of 05 Oct 2026

This is the Regular plan of Nippon India Multi - Asset Omni FoF — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+3.78%absolute

52-week rangePrev NAV ₹22.95

Latest ₹23.02

Low ₹21.1159th percentile of its 52-week rangeHigh ₹24.33

Scorecard

★★★★☆4/5 vs 75 of 152 FoF Domestic peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within FoF Domestic (same plan and option). 75 of the 152 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +14.60% · ranks 28 of 75 FoF Domestic funds

RiskLow

Volatility 10.6% vs 17.4% category avg

CostHigh

1.1% expense vs 0.7% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

5-year return (+13.42%) beats the FoF Domestic average (+12.56%)
Stronger risk-adjusted returns — Sharpe 0.76 vs 0.65 FoF Domestic average
Less volatile than its FoF Domestic peers (10.6% vs 17.4%)
Consistent — positive in 100% of rolling 3-year windows

Concerns

Trails the FoF Domestic average on 1M/3M/1Y — 1Y by 6.98pp
3-year return (+14.60%) trails the FoF Domestic average (+19.31%)
High expense ratio (1.08%) vs the FoF Domestic average of 0.69%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.08%

Category 0.69%▲0.39%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.76

Category 0.65▲0.11

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

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, thereafter.

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Benchmark

—

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

09 Feb 2021

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.98%

Absolute return over the last 3 months (not annualized)

-2.77%

Absolute return over the last 6 months (not annualized)

+6.26%

Absolute return since 1 Jan of this year (not annualized)

+1.41%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+4.48%

3-year annualized return (CAGR)

+14.60%

5-year annualized return (CAGR)

+13.42%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+15.56%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

10.62%

Excess return per unit of total volatility (rf = 6.5%)

0.76

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

1.03

Largest peak-to-trough decline over full history

-11.76%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

5.29%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.60

How much of the fund's movement Nifty 500 TRI explains

82.2%

Excess return per unit of beta (market risk)

13.27

Active return over the benchmark per unit of tracking error

0.62

Annualized std dev of fund-minus-benchmark returns

7.68%

Fund's share of benchmark gains in up months (100 = matches index)

75.3%

Fund's share of benchmark losses in down months (lower is better)

35.7%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (FoF Domestic)

Period	Fund	Category avg.	Diff
1M abs	-3.98%	-3.40%	-0.58%
3M abs	-2.77%	-1.45%	-1.32%
6M abs	+6.26%	+4.73%	+1.53%
1Y CAGR	+4.48%	+11.46%	-6.98%
3Y CAGR	+14.60%	+19.31%	-4.71%
5Y CAGR	+13.42%	+12.56%	+0.86%

Category average across peers in FoF Domestic (151 of 152 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 152 peers in FoF Domestic

1Y return

+4.48%

Beats 45.6% · rank #63

3Y return

+14.60%

Beats 63.5% · rank #28

5Y return

+13.42%

Beats 75% · rank #14

Sharpe

0.76

Beats 62.2% · rank #29

Sortino

1.03

Beats 62.2% · rank #29

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹8.32L

Absolute

+38.71%

XIRR

+13.46%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Nippon India Multi - Asset Omni FoF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	+1.41%	-7.18%	+8.59%
2025	+14.32%	+7.94%	+6.38%
2024	+17.87%	+16.43%	+1.44%
2023	+28.85%	+27.43%	+1.42%
2022	+6.72%	+4.34%	+2.38%
2021part	+20.48%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

1,392

Expense ratio

1.08%

AUM

₹2,592Cr

Portfolio turnover

Exit load

Taxation

Taxed as non-equity

This is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 2 years

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 2 years or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

Sets the short-term (slab-rate) figure above.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · FoF Domestic

Compare all


Nippon India Multi - Asset Omni FoFThis fund Nippon India · Regular · Growth	★★★★☆	+4.48%	+14.60%	+13.42%	—	1.08%	₹2,592Cr
Mirae Asset NYSE FANG + ETF Fund of Fund Mirae Asset · Regular · Growth	★★★★★	+45.76%	+58.41%	+35.98%	—	0.41%	₹2,418Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Mirae Asset · Regular · Growth	★★★★★	+47.60%	+45.91%	+29.33%	—	0.42%	—
Axis Silver Fund of Fund Axis · Regular · Growth	★★★★☆	+50.74%	+45.30%	—	—	0.65%	₹1,209Cr
Nippon India Silver ETF FOF Nippon India · Regular · Growth	★★★★★	+49.37%	+45.20%	—	—	0.49%	₹4,544Cr
HDFC Silver ETF Fund of Fund HDFC · Regular · Growth	★★★★☆	+49.73%	+44.95%	—	—	0.55%	₹4,593Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Other74.81%
Cash & Equivalents25.19%

Equity (6)

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Nippon India Growth Mid Cap Fd-Dir Pl-Gr Pl-GrOpt

20.84%

Nippon India Large Cap Fund-Direct Growth Plan

20.25%

Nippon India Nifty Smallcap 250 Ind FundDi Pl-GrOp

15.75%

Nippon India Short Term Fd-Dir Pl Gr Pl-Gr Opt

9.87%

Nippon India Gilt Sec Fund Dir Pl Growth Pl Gr Op

7.31%

Nippon India Small Cap Fund - Direct Plan Gr Pl

0.79%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-11.8%29 Jan 2026 → 23 Mar 2026
Fell over 2 months, back to the old high on 06 Aug 2026 — 4 months under water after the low.
-8.8%17 Jan 2022 → 20 Jun 2022
Fell over 5 months, back to the old high on 16 Aug 2022 — 2 months under water after the low.
-7.8%26 Sep 2024 → 28 Feb 2025
Fell over 5 months, back to the old high on 21 Apr 2025 — 2 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

Nippon India Mutual Fund is managed by Nippon Life India Asset Management, which took control of the former Reliance Mutual Fund in 2019 when Nippon Life of Japan bought out the Reliance Capital stake. It is among India's largest fund houses by assets and is best known for its small- and mid-cap franchise.

Launched

29 Jun 1995

Total AUM

₹7,87,053Cr+4.7% QoQ

Avg AUM · July - September 2026

Website

mf.nipponindiaim.com

Fund Managers

SBSushil BudhiaManaging since 01 Mar 2021

SGShirish Valmik GutheManaging since 01 Mar 2026

Role

Fund Manager and Research Analyst - Equity

Education

MMS Finance (JBIMS Mumbai University)

Experience

Around 13 years of experience From February 16, 2026 onwards Nippon Life India Asset Management Limited: Fund Manager and Research Analyst - Equity December 05, 2024 – February 15, 2026 Nippon Life India Asset Management Limited: Research Analyst - Equity - covering Automobile Sector June 2012 - December 2024 HDFC Life Insurance Co. Ltd : Equity research analyst - Covered multiple sectors such as Automobile, Consumer Goods, E-commerce, Media and IT while working at HDFC Life.

VDVikram DhawanManaging since 01 Mar 2026

Role

Fund Manager – Commodities

Education

B.E., PGDMM

Experience

Over 30 years of experience From August 1, 2019 till date NAM India – Fund Manager Commodities From February 27, 2019 - July 31, 2019 Nippon Life India AIF Management Limited – Fund Manager Commodities From October 16, 2017 - February 26, 2019 NAM India - Head Commodities May 2013 till September 2017 Commodity Risk Advisor May 2011 – Apr 2013 Risk Manager, Gold Matrix Pte, Singapore April 2009 – May 2011 Head Commodities, Reliance Capital Limited February 2007 – April 2009 Head Commodities, Reliance Mutual Fund April 2005 – January 2007 Head Commodities, Reliance Capital Limited January 2004 – March 2005 Head Commodity Risk Management, Vedanta Group November 2001 – December 2003 COO, Zee Gold Refinery (Shirpur Gold Refinery) August 2000 – October 2001 Country Manager, N.M. Rothschild & Sons. January 1998 – July 2000 Associate Director, Bank of Nova Scotia December 1994 – December 1997 Head Commodity Hedging, Birla Copper (Hindalco) September 1992 – November 1994 Materials Officer, Synthetics & Chemicals Ltd.

Funds managed (3)

All schemes Vikram Dhawan runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Vikram Dhawan

Nippon India in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

Frequently asked questions

What is the NAV of Nippon India Multi - Asset Omni FoF?

As of 05 Oct 2026, the NAV of Nippon India Multi - Asset Omni FoF is ₹23.02 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Nippon India Multi - Asset Omni FoF delivered?

Nippon India Multi - Asset Omni FoF has returned +4.48% over 1 year, +14.60% per year over 3 years, +13.42% per year over 5 years and +15.56% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Nippon India Multi - Asset Omni FoF?

Nippon India Multi - Asset Omni FoF charges an expense ratio of 1.08% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Nippon India Multi - Asset Omni FoF?

Nippon India Multi - Asset Omni FoF's largest holdings are Nippon India Growth Mid Cap Fd-Dir Pl-Gr Pl-GrOpt (20.8%), Nippon India Large Cap Fund-Direct Growth Plan (20.3%), Nippon India Nifty Smallcap 250 Ind FundDi Pl-GrOp (15.8%), Nippon India Short Term Fd-Dir Pl Gr Pl-Gr Opt (9.9%) and Nippon India Gilt Sec Fund Dir Pl Growth Pl Gr Op (7.3%). Holdings are disclosed monthly and change over time.

How risky is Nippon India Multi - Asset Omni FoF?

Nippon India Multi - Asset Omni FoF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 10.6% and its worst peak-to-trough fall in our sample was -11.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.76 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Nippon India Multi - Asset Omni FoF's 0.76 means it has rewarded its volatility with excess return. Higher is better.

Who manages Nippon India Multi - Asset Omni FoF?

Nippon India Multi - Asset Omni FoF is managed by Sushil Budhia, Shirish Valmik Guthe and Vikram Dhawan at Nippon India.

How is Nippon India Multi - Asset Omni FoF taxed?

Nippon India Multi - Asset Omni FoF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.