What stocks does Nippon India Multi Asset Allocation Fund hold?

Nippon India Multi Asset Allocation Fund holds a portfolio of Indian equity stocks disclosed monthly by Nippon India Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Nippon India Multi Asset Allocation Fund?

Nippon India Multi Asset Allocation Fund is managed by Nippon India Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Nippon India Multi Asset Allocation Fund?

Nippon India Multi Asset Allocation Fund is classified as a Multi Asset mutual fund under SEBI's mutual fund categorisation framework.

How often is Nippon India Multi Asset Allocation Fund portfolio data updated?

Portfolio holdings for Nippon India Multi Asset Allocation Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Nippon India Mutual Fund

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

Multi Asset Data as of Jul 2026 Comparing Jun 2026 → Jul 2026

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Stocks Held

Jul 2026

Equity Holdings

₹9,612.33 Cr

Equity only, excl. debt & cash

AAUM

₹15,006.33 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

12.0%

Diversified

Top 10 Weight

19.9%

Diversified

Changes

1 new · 1 exits

Top Sector

Banks

11.8% of portfolio

Launch Date

07 Aug 2020

6 years old

AAUM (Average Assets Under Management) of ₹15,006.33 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Nippon India Multi Asset Allocation Fund made 1 new addition and exited 1 stock this month. The biggest new buy was SBI Funds Management Limited (Capital Markets) at 0.22% weight. CESC Limited was the biggest exit (Power), which was held at 0.16%. Among existing holdings, Mahindra & Mahindra Limited saw the biggest increase — now at 1.76% of the portfolio. HDFC Bank Limited was trimmed the most, now at 2.46%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 11.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option

+3.74%

+4.04%

+4.44%

+18.66%

Latest NAV

₹27.70

24 Aug 2026

52W High

₹27.70

At High

52W Low

₹20.30

+36% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+21.0%

2024

+20.1%

2023

+25.9%

2022

+4.6%

2021

+21.1%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

18.9%

+ve in 100% windows

39.7% / 0.0%

3Y Rolling Avg

19.5% p.a.

+ve in 100% windows

24.6% / 14.5%

5Y Rolling Avg

18.7% p.a.

+ve in 100% windows

21.4% / 16.1%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-8.0%

Rec: May 2025 (2 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

-9.4%

Rec: Aug 2022 (3 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

1.44

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

2.03

Penalises downside volatility only.

Std Deviation (3Y)

9.9%

Lower = more consistent returns.

NAV Chart ₹27.70 24 Aug 2026

Simple Moving Avg: Click to draw · click again to remove

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

Chart shows indexed performance (base = 100). Actual NAV: ₹27.70

Sector Shift Industry allocation month-over-month

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Banks	11.3%	11.7%	▲ +0.4%
Retailing	6.0%	6.4%	▲ +0.5%
Consumer Durables	2.6%	3.1%	▲ +0.5%
Finance	3.1%	3.1%	● +0.0%
Automobiles	2.8%	2.8%	● +0.0%
Power	2.7%	2.6%	▼ -0.2%
IT - Software	2.7%	2.4%	▼ -0.4%
Petroleum Products	2.0%	2.1%	● +0.1%
Aerospace & Defense	1.5%	2.1%	▲ +0.6%
Pharmaceuticals & Biotechnology	2.0%	1.9%	▼ -0.2%

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	11.7%	11.8%	● +0.1%
Retailing	6.4%	6.6%	▲ +0.1%
Automobiles	2.8%	3.5%	▲ +0.8%
Consumer Durables	3.1%	3.3%	▲ +0.1%
Finance	3.1%	3.1%	● +0.0%
IT - Software	2.4%	2.6%	▲ +0.2%
Power	2.6%	2.2%	▼ -0.4%
Aerospace & Defense	2.1%	2.1%	● 0.0%
Diversified FMCG	1.6%	1.9%	▲ +0.3%
Petroleum Products	2.1%	1.8%	▼ -0.3%

🟢

Biggest New Buy

SBI Funds Management Limited

0.22% weight · Capital Markets

🔴

Biggest Exit

CESC Limited

0.16% was held · Power

↑

Biggest Add

Mahindra & Mahindra Limited

+0.75% · now 1.76%

↓

Biggest Trim

HDFC Bank Limited

-0.31% · now 2.46%

🤝 Other funds also bought this month

SBI Funds Management Limited 89 funds

👋 Other funds also exited

CESC Limited 16 funds

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 → Jul 2026

🟢 1 New Entry 🔴 1 Exit ↑ 27 Increased ↓ 53 Decreased

#	Stock	Sector	Weight (Jul 2026)
1	SBI Funds Management Limited ₹36.95 Cr	Capital Markets	0.22%

#	Stock	Sector	Last Weight (Jun 2026)
1	CESC Limited ₹25.32 Cr	Power	0.16%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	Mahindra & Mahindra Limited ₹298.56 Cr	Automobiles	1.01%	1.76%	+0.75%
2	Axis Bank Limited ₹317.10 Cr	Banks	1.41%	1.87%	+0.46%
3	Hindustan Unilever Limited ₹226.15 Cr	Diversified FMCG	1.03%	1.34%	+0.31%
4	Info Edge (India) Limited ₹257.36 Cr	Retailing	1.28%	1.52%	+0.24%
5	Tata Consumer Products Limited ₹101.80 Cr	Agricultural Food & other Products	0.36%	0.60%	+0.24%
6	Bluestone Jewellery And Lifestyle Ltd ₹81.65 Cr	Consumer Durables	0.34%	0.48%	+0.14%
7	HDFC Asset Management Company Limited ₹68.01 Cr	Capital Markets	0.27%	0.40%	+0.13%
8	Swiggy Limited ₹165.82 Cr	Retailing	0.87%	0.98%	+0.11%
9	Infosys Limited ₹276.21 Cr	IT - Software	1.53%	1.63%	+0.10%
10	State Bank of India ₹326.95 Cr	Banks	1.85%	1.93%	+0.08%
11	Dixon Technologies (India) Limited ₹126.88 Cr	Consumer Durables	0.67%	0.75%	+0.08%
12	Bajaj Finserv Limited ₹127.83 Cr	Finance	0.70%	0.76%	+0.06%
13	Hyundai Motor India Ltd ₹114.29 Cr	Automobiles	0.62%	0.68%	+0.06%
14	Titan Company Limited ₹154.78 Cr	Consumer Durables	0.87%	0.91%	+0.04%
15	Bajaj Finance Limited ₹86.05 Cr	Finance	0.47%	0.51%	+0.04%
16	Tech Mahindra Limited ₹72.59 Cr	IT - Software	0.39%	0.43%	+0.04%
17	Coforge Limited ₹60.44 Cr	IT - Software	0.32%	0.36%	+0.04%
18	Cyient DLM Ltd ₹21.48 Cr	Aerospace & Defense	0.09%	0.13%	+0.04%
19	Kaynes Technology India Limited ₹40.64 Cr	Industrial Manufacturing	0.21%	0.24%	+0.03%
20	United Spirits Limited ₹68.22 Cr	Beverages	0.38%	0.40%	+0.02%
21	One 97 Communications Limited ₹37.81 Cr	Financial Technology (Fintech)	0.20%	0.22%	+0.02%
22	Persistent Systems Limited ₹27.75 Cr	IT - Software	0.14%	0.16%	+0.02%
23	Eternal Limited ₹280.66 Cr	Retailing	1.65%	1.66%	+0.01%
24	Sun Pharmaceutical Industries Limited ₹139.34 Cr	Pharmaceuticals & Biotechnology	0.81%	0.82%	+0.01%
25	TBO Tek Limited ₹46.63 Cr	Leisure Services	0.27%	0.28%	+0.01%
26	Sai Life Sciences Limited ₹41.47 Cr	Pharmaceuticals & Biotechnology	0.24%	0.25%	+0.01%
27	Global Health Limited ₹33.05 Cr	Healthcare Services	0.19%	0.20%	+0.01%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	HDFC Bank Limited ₹416.20 Cr	Banks	2.77%	2.46%	-0.31%
2	Hindustan Petroleum Corporation Limited ₹40.92 Cr	Petroleum Products	0.43%	0.24%	-0.19%
3	Siemens Energy India Limited ₹132.45 Cr	Electrical Equipment	0.94%	0.78%	-0.16%
4	NTPC Limited ₹194.17 Cr	Power	1.25%	1.15%	-0.10%
5	FSN E-Commerce Ventures Limited ₹66.83 Cr	Retailing	0.49%	0.39%	-0.10%
6	Varun Beverages Limited ₹194.73 Cr	Beverages	1.24%	1.15%	-0.09%
7	LG Electronics India Ltd ₹149.22 Cr	Consumer Durables	0.97%	0.88%	-0.09%
8	GE Vernova T&D India Limited ₹75.58 Cr	Electrical Equipment	0.54%	0.45%	-0.09%
9	Reliance Industries Limited ₹269.81 Cr	Petroleum Products	1.67%	1.59%	-0.08%
10	Kotak Mahindra Bank Limited ₹195.15 Cr	Banks	1.23%	1.15%	-0.08%
11	Bharat Dynamics Limited ₹82.80 Cr	Aerospace & Defense	0.57%	0.49%	-0.08%
12	TeamLease Services Limited ₹26.20 Cr	Commercial Services & Supplies	0.22%	0.15%	-0.07%
13	ZF Commercial Vehicle Control Systems India Limited ₹73.21 Cr	Auto Components	0.49%	0.43%	-0.06%
14	Kirloskar Oil Engines Limited ₹65.11 Cr	Industrial Products	0.44%	0.38%	-0.06%
15	Tube Investments of India Limited ₹61.13 Cr	Auto Components	0.42%	0.36%	-0.06%
16	ICICI Bank Limited ₹673.82 Cr	Banks	4.03%	3.98%	-0.05%
17	Bajaj Auto Limited ₹184.83 Cr	Automobiles	1.14%	1.09%	-0.05%
18	InterGlobe Aviation Limited ₹99.28 Cr	Transport Services	0.64%	0.59%	-0.05%
19	ITC Limited ₹93.85 Cr	Diversified FMCG	0.60%	0.55%	-0.05%
20	Samvardhana Motherson International Limited ₹139.24 Cr	Auto Components	0.86%	0.82%	-0.04%
21	HDFC Life Insurance Company Limited ₹65.82 Cr	Insurance	0.43%	0.39%	-0.04%
22	Mankind Pharma Limited ₹63.11 Cr	Pharmaceuticals & Biotechnology	0.41%	0.37%	-0.04%
23	ICICI Prudential Asset Management Company Limited ₹55.19 Cr	Capital Markets	0.37%	0.33%	-0.04%
24	NTPC Green Energy Limited ₹53.90 Cr	Power	0.36%	0.32%	-0.04%
25	Vedanta Limited ₹47.81 Cr	Diversified Metals	0.32%	0.28%	-0.04%
26	Avenue Supermarts Limited ₹36.65 Cr	Retailing	0.26%	0.22%	-0.04%
27	Trent Limited ₹256.52 Cr	Retailing	1.55%	1.52%	-0.03%
28	Shriram Finance Limited ₹101.54 Cr	Finance	0.63%	0.60%	-0.03%
29	Power Finance Corporation Limited ₹76.76 Cr	Finance	0.48%	0.45%	-0.03%
30	Acme Solar Holdings Ltd ₹45.55 Cr	Power	0.30%	0.27%	-0.03%
31	Max Financial Services Limited ₹41.09 Cr	Insurance	0.27%	0.24%	-0.03%
32	Kansai Nerolac Paints Limited ₹39.35 Cr	Consumer Durables	0.26%	0.23%	-0.03%
33	NLC India Limited ₹35.75 Cr	Power	0.24%	0.21%	-0.03%
34	Vishal Mega Mart Limited ₹23.98 Cr	Retailing	0.17%	0.14%	-0.03%
35	Oil & Natural Gas Corporation Limited ₹157.64 Cr	Oil	0.95%	0.93%	-0.02%
36	Vedanta Aluminium Metal Limited ₹82.18 Cr	Metals & Minerals Trading	0.51%	0.49%	-0.02%
37	RBL Bank Limited ₹62.90 Cr	Banks	0.39%	0.37%	-0.02%
38	Grasim Industries Limited ₹55.81 Cr	Cement & Cement Products	0.35%	0.33%	-0.02%
39	PTC India Limited ₹38.61 Cr	Power	0.25%	0.23%	-0.02%
40	Mazagon Dock Shipbuilders Limited ₹34.86 Cr	Industrial Manufacturing	0.23%	0.21%	-0.02%
41	SRF Limited ₹31.74 Cr	Chemicals & Petrochemicals	0.21%	0.19%	-0.02%
42	Piramal Finance Ltd ₹31.94 Cr	Finance	0.21%	0.19%	-0.02%
43	JSW Cement Limited ₹27.83 Cr	Cement & Cement Products	0.18%	0.16%	-0.02%
44	Arvind Fashions Limited ₹25.60 Cr	Retailing	0.17%	0.15%	-0.02%
45	Thomas Cook (India) Limited ₹22.46 Cr	Leisure Services	0.15%	0.13%	-0.02%
46	Max Estates Limited ₹20.44 Cr	Realty	0.14%	0.12%	-0.02%
47	Jindal Steel Limited ₹82.88 Cr	Ferrous Metals	0.50%	0.49%	-0.01%
48	Devyani International Limited ₹80.98 Cr	Leisure Services	0.49%	0.48%	-0.01%
49	Apollo Hospitals Enterprise Limited ₹62.70 Cr	Healthcare Services	0.38%	0.37%	-0.01%
50	L&T Finance Limited ₹55.09 Cr	Finance	0.34%	0.33%	-0.01%
51	Delhivery Limited ₹49.50 Cr	Transport Services	0.30%	0.29%	-0.01%
52	SANOFI CONSUMER HEALTHCARE ₹35.20 Cr	Pharmaceuticals & Biotechnology	0.22%	0.21%	-0.01%
53	GAIL (India) Limited ₹31.05 Cr	Gas	0.19%	0.18%	-0.01%

What Stocks Does This Fund Hold?

92 stocks — Jul 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹673.82 Cr	Banks	3.98%
2	HDFC Bank Limited ₹416.20 Cr	Banks	2.46%
3	State Bank of India ₹326.95 Cr	Banks	1.93%
4	Axis Bank Limited ₹317.10 Cr	Banks	1.87%
5	Mahindra & Mahindra Limited ₹298.56 Cr	Automobiles	1.76%
6	Eternal Limited ₹280.66 Cr	Retailing	1.66%
7	Infosys Limited ₹276.21 Cr	IT - Software	1.63%
8	Reliance Industries Limited ₹269.81 Cr	Petroleum Products	1.59%
9	Info Edge (India) Limited ₹257.36 Cr	Retailing	1.52%
10	Trent Limited ₹256.52 Cr	Retailing	1.52%
11	Hindustan Aeronautics Limited ₹242.68 Cr	Aerospace & Defense	1.43%
12	Hindustan Unilever Limited ₹226.15 Cr	Diversified FMCG	1.34%
13	Kotak Mahindra Bank Limited ₹195.15 Cr	Banks	1.15%
14	Varun Beverages Limited ₹194.73 Cr	Beverages	1.15%
15	NTPC Limited ₹194.17 Cr	Power	1.15%
16	Bajaj Auto Limited ₹184.83 Cr	Automobiles	1.09%
17	Swiggy Limited ₹165.82 Cr	Retailing	0.98%
18	Oil & Natural Gas Corporation Limited ₹157.64 Cr	Oil	0.93%
19	Titan Company Limited ₹154.78 Cr	Consumer Durables	0.91%
20	LG Electronics India Ltd ₹149.22 Cr	Consumer Durables	0.88%
21	Samvardhana Motherson International Limited ₹139.24 Cr	Auto Components	0.82%
22	Sun Pharmaceutical Industries Limited ₹139.34 Cr	Pharmaceuticals & Biotechnology	0.82%
23	Jubilant Foodworks Limited ₹131.48 Cr	Leisure Services	0.78%
24	Siemens Energy India Limited ₹132.45 Cr	Electrical Equipment	0.78%
25	Bajaj Finserv Limited ₹127.83 Cr	Finance	0.76%
26	Dixon Technologies (India) Limited ₹126.88 Cr	Consumer Durables	0.75%
27	Bharti Airtel Limited ₹123.53 Cr	Telecom - Services	0.73%
28	Hyundai Motor India Ltd ₹114.29 Cr	Automobiles	0.68%
29	Shriram Finance Limited ₹101.54 Cr	Finance	0.60%
30	Tata Consumer Products Limited ₹101.80 Cr	Agricultural Food & other Products	0.60%
31	InterGlobe Aviation Limited ₹99.28 Cr	Transport Services	0.59%
32	ITC Limited ₹93.85 Cr	Diversified FMCG	0.55%
33	Bajaj Finance Limited ₹86.05 Cr	Finance	0.51%
34	Vedanta Aluminium Metal Limited ₹82.18 Cr	Metals & Minerals Trading	0.49%
35	Jindal Steel Limited ₹82.88 Cr	Ferrous Metals	0.49%
36	Bharat Dynamics Limited ₹82.80 Cr	Aerospace & Defense	0.49%
37	Bluestone Jewellery And Lifestyle Ltd ₹81.65 Cr	Consumer Durables	0.48%
38	Devyani International Limited ₹80.98 Cr	Leisure Services	0.48%
39	GE Vernova T&D India Limited ₹75.58 Cr	Electrical Equipment	0.45%
40	Power Finance Corporation Limited ₹76.76 Cr	Finance	0.45%
41	Tech Mahindra Limited ₹72.59 Cr	IT - Software	0.43%
42	ZF Commercial Vehicle Control Systems India Limited ₹73.21 Cr	Auto Components	0.43%
43	United Spirits Limited ₹68.22 Cr	Beverages	0.40%
44	HDFC Asset Management Company Limited ₹68.01 Cr	Capital Markets	0.40%
45	HDFC Life Insurance Company Limited ₹65.82 Cr	Insurance	0.39%
46	FSN E-Commerce Ventures Limited ₹66.83 Cr	Retailing	0.39%
47	Kirloskar Oil Engines Limited ₹65.11 Cr	Industrial Products	0.38%
48	RBL Bank Limited ₹62.90 Cr	Banks	0.37%
49	Apollo Hospitals Enterprise Limited ₹62.70 Cr	Healthcare Services	0.37%
50	Mankind Pharma Limited ₹63.11 Cr	Pharmaceuticals & Biotechnology	0.37%
51	Tube Investments of India Limited ₹61.13 Cr	Auto Components	0.36%
52	Coforge Limited ₹60.44 Cr	IT - Software	0.36%
53	KFin Technologies Limited ₹57.23 Cr	Capital Markets	0.34%
54	L&T Finance Limited ₹55.09 Cr	Finance	0.33%
55	Grasim Industries Limited ₹55.81 Cr	Cement & Cement Products	0.33%
56	ICICI Prudential Asset Management Company Limited ₹55.19 Cr	Capital Markets	0.33%
57	NTPC Green Energy Limited ₹53.90 Cr	Power	0.32%
58	Delhivery Limited ₹49.50 Cr	Transport Services	0.29%
59	TBO Tek Limited ₹46.63 Cr	Leisure Services	0.28%
60	Vedanta Limited ₹47.81 Cr	Diversified Metals	0.28%
61	Muthoot Finance Limited ₹45.23 Cr	Finance	0.27%
62	Britannia Industries Limited ₹46.04 Cr	Food Products	0.27%
63	Acme Solar Holdings Ltd ₹45.55 Cr	Power	0.27%
64	Sai Life Sciences Limited ₹41.47 Cr	Pharmaceuticals & Biotechnology	0.25%
65	Hindustan Petroleum Corporation Limited ₹40.92 Cr	Petroleum Products	0.24%
66	Max Financial Services Limited ₹41.09 Cr	Insurance	0.24%
67	Kaynes Technology India Limited ₹40.64 Cr	Industrial Manufacturing	0.24%
68	UltraTech Cement Limited ₹40.13 Cr	Cement & Cement Products	0.24%
69	PTC India Limited ₹38.61 Cr	Power	0.23%
70	Kansai Nerolac Paints Limited ₹39.35 Cr	Consumer Durables	0.23%
71	SBI Funds Management Limited ₹36.95 Cr	Capital Markets	0.22%
72	One 97 Communications Limited ₹37.81 Cr	Financial Technology (Fintech)	0.22%
73	Avenue Supermarts Limited ₹36.65 Cr	Retailing	0.22%
74	NLC India Limited ₹35.75 Cr	Power	0.21%
75	SANOFI CONSUMER HEALTHCARE ₹35.20 Cr	Pharmaceuticals & Biotechnology	0.21%
76	SBI Life Insurance Company Limited ₹35.42 Cr	Insurance	0.21%
77	Mazagon Dock Shipbuilders Limited ₹34.86 Cr	Industrial Manufacturing	0.21%
78	Global Health Limited ₹33.05 Cr	Healthcare Services	0.20%
79	SRF Limited ₹31.74 Cr	Chemicals & Petrochemicals	0.19%
80	Piramal Finance Ltd ₹31.94 Cr	Finance	0.19%
81	Prestige Estates Projects Limited ₹30.29 Cr	Realty	0.18%
82	Alkem Laboratories Limited ₹30.48 Cr	Pharmaceuticals & Biotechnology	0.18%
83	GAIL (India) Limited ₹31.05 Cr	Gas	0.18%
84	JSW Cement Limited ₹27.83 Cr	Cement & Cement Products	0.16%
85	Persistent Systems Limited ₹27.75 Cr	IT - Software	0.16%
86	DLF Limited ₹26.37 Cr	Realty	0.16%
87	Arvind Fashions Limited ₹25.60 Cr	Retailing	0.15%
88	TeamLease Services Limited ₹26.20 Cr	Commercial Services & Supplies	0.15%
89	Vishal Mega Mart Limited ₹23.98 Cr	Retailing	0.14%
90	Cyient DLM Ltd ₹21.48 Cr	Aerospace & Defense	0.13%
91	Thomas Cook (India) Limited ₹22.46 Cr	Leisure Services	0.13%
92	Max Estates Limited ₹20.44 Cr	Realty	0.12%