Nippon India Multi Asset Fund

Portfolio Structure & Asset Allocation Analysis

Nippon India Multi Asset Fund is a Hybrid scheme managed by Nippon India MF Mutual Fund. As of disclosures dated Apr 2024, the scheme holds 64 equity positions with an estimated equity AUM of ₹₹1,654 Cr. The portfolio is anchored by its top conviction bet on HDFC Bank, which commands a weight of 3.53%of the fund's total assets.

From a sector allocation perspective, the fund managers have concentrated their largest bet on Banks, representing 21.45% of the equity portfolio. This is followed by Finance (7.79%) and Pharmaceuticals & Biotechnology (7.69%). Under SEBI's guidelines and based on its underlying assets, this scheme carries a Moderately High risk classification.