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 May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹8,458.88 Cr

Equity only, excl. debt & cash

Top 5 Weight

11.7%

Diversified

Top 10 Weight

18.9%

Diversified

Changes

1 new · 3 exits

Top Sector

Banks

11.3% of portfolio

📋 What Happened This Month Nippon India Multi Asset Allocation Fund made 1 new addition and exited 3 stocks this month. The biggest new buy was Jubilant Foodworks Limited (Leisure Services) at 0.41% weight. Cummins India Limited was the biggest exit (Industrial Products), which was held at 0.43%. Among existing holdings, Info Edge (India) Limited saw the biggest increase — now at 0.82% of the portfolio. Reliance Industries Limited was trimmed the most, now at 1.59%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 11.3%. ↓ 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

-0.43%

+7.13%

+2.86%

+15.27%

Latest NAV

₹26.47

24 Jun 2026

52W High

₹27.26

-3% from High

52W Low

₹20.30

+30% 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

19.0%

+ve in 100% windows

39.7% / 0.0%

3Y Rolling Avg

19.4% p.a.

+ve in 100% windows

24.6% / 14.5%

5Y Rolling Avg

19.0% 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. What do these mean? →

Sharpe Ratio (3Y)

1.58

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

2.23

Penalises downside volatility only.

Std Deviation (3Y)

9.8%

Lower = more consistent returns.

NAV Chart ₹26.47 24 Jun 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: ₹26.47

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	11.3%	10.7%	▼ -0.6%
Retailing	5.8%	5.9%	● +0.1%
Finance	3.0%	3.3%	▲ +0.3%
Power	3.5%	3.0%	▼ -0.5%
IT - Software	3.3%	2.8%	▼ -0.4%
Automobiles	2.9%	2.8%	● -0.1%
Consumer Durables	2.7%	2.5%	▼ -0.2%
Pharmaceuticals & Biotechnology	1.5%	2.3%	▲ +0.8%
Petroleum Products	3.1%	2.3%	▼ -0.8%
Auto Components	1.6%	1.9%	▲ +0.3%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	10.7%	11.3%	▲ +0.6%
Retailing	5.9%	6.0%	● +0.1%
Finance	3.3%	3.1%	▼ -0.2%
Automobiles	2.8%	2.8%	● -0.1%
IT - Software	2.8%	2.7%	▼ -0.1%
Power	3.0%	2.7%	▼ -0.2%
Consumer Durables	2.5%	2.6%	▲ +0.1%
Petroleum Products	2.3%	2.0%	▼ -0.2%
Pharmaceuticals & Biotechnology	2.3%	2.0%	▼ -0.2%
Auto Components	1.9%	2.0%	▲ +0.1%

🟢

Biggest New Buy

Jubilant Foodworks Limited

0.41% weight · Leisure Services

🔴

Biggest Exit

Cummins India Limited

0.43% was held · Industrial Products

↑

Biggest Add

Info Edge (India) Limited

+0.49% · now 0.82%

↓

Biggest Trim

Reliance Industries Limited

-0.22% · now 1.59%

🤝 Other funds also bought this month

Jubilant Foodworks Limited 11 funds

👋 Other funds also exited

Cummins India Limited 12 funds

Blue Star Limited 7 funds

MedPlus Health Services Limited 4 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 1 New Entry 🔴 3 Exits ↑ 23 Increased ↓ 60 Decreased

#	Stock	Sector	Weight (May 2026)
1	Jubilant Foodworks Limited ₹64.13 Cr	Leisure Services	0.41%

#	Stock	Sector	Last Weight (Apr 2026)
1	Cummins India Limited ₹62.94 Cr	Industrial Products	0.43%
2	Blue Star Limited ₹22.26 Cr	Consumer Durables	0.15%
3	MedPlus Health Services Limited ₹15.91 Cr	Retailing	0.11%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Info Edge (India) Limited ₹126.87 Cr	Retailing	0.33%	0.82%	+0.49%
2	Titan Company Limited ₹129.37 Cr	Consumer Durables	0.42%	0.84%	+0.42%
3	HDFC Bank Limited ₹414.20 Cr	Banks	2.39%	2.68%	+0.29%
4	State Bank of India ₹277.97 Cr	Banks	1.58%	1.80%	+0.22%
5	ICICI Bank Limited ₹589.80 Cr	Banks	3.60%	3.81%	+0.21%
6	Samvardhana Motherson International Limited ₹163.76 Cr	Auto Components	0.92%	1.06%	+0.14%
7	Oil & Natural Gas Corporation Limited ₹172.51 Cr	Oil	1.02%	1.11%	+0.09%
8	Siemens Energy India Limited ₹159.30 Cr	Electrical Equipment	0.95%	1.03%	+0.08%
9	Vedanta Limited ₹63.79 Cr	Diversified Metals	0.33%	0.41%	+0.08%
10	KFin Technologies Limited ₹52.34 Cr	Capital Markets	0.30%	0.34%	+0.04%
11	Coforge Limited ₹49.94 Cr	IT - Software	0.28%	0.32%	+0.04%
12	Kirloskar Oil Engines Limited ₹57.33 Cr	Industrial Products	0.34%	0.37%	+0.03%
13	Grasim Industries Limited ₹56.20 Cr	Cement & Cement Products	0.34%	0.36%	+0.02%
14	Tube Investments of India Limited ₹69.75 Cr	Auto Components	0.44%	0.45%	+0.01%
15	Hindustan Petroleum Corporation Limited ₹68.92 Cr	Petroleum Products	0.44%	0.45%	+0.01%
16	Apollo Hospitals Enterprise Limited ₹57.24 Cr	Healthcare Services	0.36%	0.37%	+0.01%
17	Max Financial Services Limited ₹45.89 Cr	Insurance	0.29%	0.30%	+0.01%
18	NLC India Limited ₹41.71 Cr	Power	0.26%	0.27%	+0.01%
19	Sai Life Sciences Limited ₹36.58 Cr	Pharmaceuticals & Biotechnology	0.23%	0.24%	+0.01%
20	TeamLease Services Limited ₹34.13 Cr	Commercial Services & Supplies	0.21%	0.22%	+0.01%
21	JSW Cement Limited ₹27.11 Cr	Cement & Cement Products	0.17%	0.18%	+0.01%
22	Persistent Systems Limited ₹25.97 Cr	IT - Software	0.16%	0.17%	+0.01%
23	Max Estates Limited ₹23.08 Cr	Realty	0.14%	0.15%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Reliance Industries Limited ₹246.15 Cr	Petroleum Products	1.81%	1.59%	-0.22%
2	Lupin Limited ₹28.35 Cr	Pharmaceuticals & Biotechnology	0.35%	0.18%	-0.17%
3	Infosys Limited ₹283.73 Cr	IT - Software	1.96%	1.83%	-0.13%
4	Swiggy Limited ₹150.12 Cr	Retailing	1.07%	0.97%	-0.10%
5	Hindustan Aeronautics Limited ₹224.78 Cr	Aerospace & Defense	1.54%	1.45%	-0.09%
6	LG Electronics India Ltd ₹152.56 Cr	Consumer Durables	1.08%	0.99%	-0.09%
7	ITC Limited ₹95.82 Cr	Diversified FMCG	0.71%	0.62%	-0.09%
8	NTPC Limited ₹146.70 Cr	Power	1.03%	0.95%	-0.08%
9	Kaynes Technology India Limited ₹33.47 Cr	Industrial Manufacturing	0.29%	0.22%	-0.07%
10	Kotak Mahindra Bank Limited ₹192.10 Cr	Banks	1.30%	1.24%	-0.06%
11	Bharti Airtel Limited ₹114.57 Cr	Telecom - Services	0.80%	0.74%	-0.06%
12	Eternal Limited ₹250.07 Cr	Retailing	1.67%	1.62%	-0.05%
13	Axis Bank Limited ₹216.03 Cr	Banks	1.45%	1.40%	-0.05%
14	Mahindra & Mahindra Limited ₹129.44 Cr	Automobiles	0.89%	0.84%	-0.05%
15	Sun Pharmaceutical Industries Limited ₹125.94 Cr	Pharmaceuticals & Biotechnology	0.86%	0.81%	-0.05%
16	Power Finance Corporation Limited ₹77.53 Cr	Finance	0.55%	0.50%	-0.05%
17	NTPC Green Energy Limited ₹61.97 Cr	Power	0.45%	0.40%	-0.05%
18	PTC India Limited ₹40.29 Cr	Power	0.31%	0.26%	-0.05%
19	Avenue Supermarts Limited ₹37.90 Cr	Retailing	0.29%	0.24%	-0.05%
20	Trent Limited ₹212.16 Cr	Retailing	1.41%	1.37%	-0.04%
21	FSN E-Commerce Ventures Limited ₹91.92 Cr	Retailing	0.63%	0.59%	-0.04%
22	Bajaj Finance Limited ₹68.49 Cr	Finance	0.48%	0.44%	-0.04%
23	Britannia Industries Limited ₹44.24 Cr	Food Products	0.33%	0.29%	-0.04%
24	Mazagon Dock Shipbuilders Limited ₹35.95 Cr	Industrial Manufacturing	0.27%	0.23%	-0.04%
25	P N Gadgil Jewellers Limited ₹20.51 Cr	Consumer Durables	0.17%	0.13%	-0.04%
26	Varun Beverages Limited ₹206.07 Cr	Beverages	1.36%	1.33%	-0.03%
27	Jindal Steel Limited ₹90.76 Cr	Ferrous Metals	0.62%	0.59%	-0.03%
28	Shriram Finance Limited ₹91.88 Cr	Finance	0.62%	0.59%	-0.03%
29	GE Vernova T&D India Limited ₹90.00 Cr	Electrical Equipment	0.61%	0.58%	-0.03%
30	Devyani International Limited ₹70.86 Cr	Leisure Services	0.49%	0.46%	-0.03%
31	United Spirits Limited ₹57.15 Cr	Beverages	0.40%	0.37%	-0.03%
32	Tata Power Company Limited ₹50.49 Cr	Power	0.36%	0.33%	-0.03%
33	Muthoot Finance Limited ₹48.47 Cr	Finance	0.34%	0.31%	-0.03%
34	Delhivery Limited ₹46.46 Cr	Transport Services	0.33%	0.30%	-0.03%
35	Bajaj Finserv Limited ₹112.37 Cr	Finance	0.75%	0.73%	-0.02%
36	ZF Commercial Vehicle Control Systems India Limited ₹74.06 Cr	Auto Components	0.50%	0.48%	-0.02%
37	Tech Mahindra Limited ₹65.23 Cr	IT - Software	0.44%	0.42%	-0.02%
38	Hindustan Unilever Limited ₹41.19 Cr	Diversified FMCG	0.29%	0.27%	-0.02%
39	UltraTech Cement Limited ₹38.72 Cr	Cement & Cement Products	0.27%	0.25%	-0.02%
40	TBO Tek Limited ₹37.44 Cr	Leisure Services	0.26%	0.24%	-0.02%
41	SANOFI CONSUMER HEALTHCARE ₹35.02 Cr	Pharmaceuticals & Biotechnology	0.25%	0.23%	-0.02%
42	Piramal Finance Ltd ₹29.94 Cr	Finance	0.21%	0.19%	-0.02%
43	Vedanta Aluminium Metal Limited ₹69.37 Cr	Metals & Minerals Trading	0.47%	0.45%	-0.02%
44	Dixon Technologies (India) Limited ₹104.08 Cr	Consumer Durables	0.68%	0.67%	-0.01%
45	InterGlobe Aviation Limited ₹88.10 Cr	Transport Services	0.58%	0.57%	-0.01%
46	Tata Consumer Products Limited ₹63.62 Cr	Agricultural Food & other Products	0.42%	0.41%	-0.01%
47	RBL Bank Limited ₹57.79 Cr	Banks	0.38%	0.37%	-0.01%
48	L&T Finance Limited ₹50.73 Cr	Finance	0.34%	0.33%	-0.01%
49	HDFC Asset Management Company Limited ₹42.79 Cr	Capital Markets	0.29%	0.28%	-0.01%
50	HDFC Life Insurance Company Limited ₹41.64 Cr	Insurance	0.28%	0.27%	-0.01%
51	Acme Solar Holdings Ltd ₹38.96 Cr	Power	0.26%	0.25%	-0.01%
52	SBI Life Insurance Company Limited ₹34.45 Cr	Insurance	0.23%	0.22%	-0.01%
53	One 97 Communications Limited ₹31.49 Cr	Financial Technology (Fintech)	0.21%	0.20%	-0.01%
54	GAIL (India) Limited ₹28.15 Cr	Gas	0.19%	0.18%	-0.01%
55	CESC Limited ₹27.31 Cr	Power	0.19%	0.18%	-0.01%
56	Vishal Mega Mart Limited ₹27.27 Cr	Retailing	0.19%	0.18%	-0.01%
57	Prestige Estates Projects Limited ₹25.66 Cr	Realty	0.18%	0.17%	-0.01%
58	DLF Limited ₹23.62 Cr	Realty	0.16%	0.15%	-0.01%
59	Thomas Cook (India) Limited ₹19.58 Cr	Leisure Services	0.14%	0.13%	-0.01%
60	Malco Energy Limited ₹6.85 Cr	Power	0.05%	0.04%	-0.01%

What Stocks Does This Fund Hold?

96 stocks — May 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹589.80 Cr	Banks	3.81%
2	HDFC Bank Limited ₹414.20 Cr	Banks	2.68%
3	Infosys Limited ₹283.73 Cr	IT - Software	1.83%
4	State Bank of India ₹277.97 Cr	Banks	1.80%
5	Eternal Limited ₹250.07 Cr	Retailing	1.62%
6	Reliance Industries Limited ₹246.15 Cr	Petroleum Products	1.59%
7	Hindustan Aeronautics Limited ₹224.78 Cr	Aerospace & Defense	1.45%
8	Axis Bank Limited ₹216.03 Cr	Banks	1.40%
9	Trent Limited ₹212.16 Cr	Retailing	1.37%
10	Varun Beverages Limited ₹206.07 Cr	Beverages	1.33%
11	Bajaj Auto Limited ₹196.17 Cr	Automobiles	1.27%
12	Kotak Mahindra Bank Limited ₹192.10 Cr	Banks	1.24%
13	Oil & Natural Gas Corporation Limited ₹172.51 Cr	Oil	1.11%
14	Samvardhana Motherson International Limited ₹163.76 Cr	Auto Components	1.06%
15	Siemens Energy India Limited ₹159.30 Cr	Electrical Equipment	1.03%
16	LG Electronics India Ltd ₹152.56 Cr	Consumer Durables	0.99%
17	Swiggy Limited ₹150.12 Cr	Retailing	0.97%
18	NTPC Limited ₹146.70 Cr	Power	0.95%
19	Mahindra & Mahindra Limited ₹129.44 Cr	Automobiles	0.84%
20	Titan Company Limited ₹129.37 Cr	Consumer Durables	0.84%
21	Info Edge (India) Limited ₹126.87 Cr	Retailing	0.82%
22	Sun Pharmaceutical Industries Limited ₹125.94 Cr	Pharmaceuticals & Biotechnology	0.81%
23	Bharti Airtel Limited ₹114.57 Cr	Telecom - Services	0.74%
24	Bajaj Finserv Limited ₹112.37 Cr	Finance	0.73%
25	Dixon Technologies (India) Limited ₹104.08 Cr	Consumer Durables	0.67%
26	Hyundai Motor India Ltd ₹100.84 Cr	Automobiles	0.65%
27	ITC Limited ₹95.82 Cr	Diversified FMCG	0.62%
28	Jindal Steel Limited ₹90.76 Cr	Ferrous Metals	0.59%
29	Shriram Finance Limited ₹91.88 Cr	Finance	0.59%
30	FSN E-Commerce Ventures Limited ₹91.92 Cr	Retailing	0.59%
31	GE Vernova T&D India Limited ₹90.00 Cr	Electrical Equipment	0.58%
32	InterGlobe Aviation Limited ₹88.10 Cr	Transport Services	0.57%
33	Power Finance Corporation Limited ₹77.53 Cr	Finance	0.50%
34	ZF Commercial Vehicle Control Systems India Limited ₹74.06 Cr	Auto Components	0.48%
35	Devyani International Limited ₹70.86 Cr	Leisure Services	0.46%
36	Hindustan Petroleum Corporation Limited ₹68.92 Cr	Petroleum Products	0.45%
37	Vedanta Aluminium Metal Limited ₹69.37 Cr	Metals & Minerals Trading	0.45%
38	Tube Investments of India Limited ₹69.75 Cr	Auto Components	0.45%
39	Bajaj Finance Limited ₹68.49 Cr	Finance	0.44%
40	Tech Mahindra Limited ₹65.23 Cr	IT - Software	0.42%
41	Tata Consumer Products Limited ₹63.62 Cr	Agricultural Food & other Products	0.41%
42	Vedanta Limited ₹63.79 Cr	Diversified Metals	0.41%
43	Jubilant Foodworks Limited ₹64.13 Cr	Leisure Services	0.41%
44	ICICI Prudential Asset Management Company Limited ₹62.68 Cr	Capital Markets	0.40%
45	NTPC Green Energy Limited ₹61.97 Cr	Power	0.40%
46	Mankind Pharma Limited ₹60.70 Cr	Pharmaceuticals & Biotechnology	0.39%
47	Kirloskar Oil Engines Limited ₹57.33 Cr	Industrial Products	0.37%
48	United Spirits Limited ₹57.15 Cr	Beverages	0.37%
49	RBL Bank Limited ₹57.79 Cr	Banks	0.37%
50	Apollo Hospitals Enterprise Limited ₹57.24 Cr	Healthcare Services	0.37%
51	Grasim Industries Limited ₹56.20 Cr	Cement & Cement Products	0.36%
52	KFin Technologies Limited ₹52.34 Cr	Capital Markets	0.34%
53	L&T Finance Limited ₹50.73 Cr	Finance	0.33%
54	Tata Power Company Limited ₹50.49 Cr	Power	0.33%
55	Coforge Limited ₹49.94 Cr	IT - Software	0.32%
56	Muthoot Finance Limited ₹48.47 Cr	Finance	0.31%
57	Max Financial Services Limited ₹45.89 Cr	Insurance	0.30%
58	Delhivery Limited ₹46.46 Cr	Transport Services	0.30%
59	Britannia Industries Limited ₹44.24 Cr	Food Products	0.29%
60	HDFC Asset Management Company Limited ₹42.79 Cr	Capital Markets	0.28%
61	The Indian Hotels Company Limited ₹41.17 Cr	Leisure Services	0.27%
62	NLC India Limited ₹41.71 Cr	Power	0.27%
63	HDFC Life Insurance Company Limited ₹41.64 Cr	Insurance	0.27%
64	Hindustan Unilever Limited ₹41.19 Cr	Diversified FMCG	0.27%
65	PTC India Limited ₹40.29 Cr	Power	0.26%
66	UltraTech Cement Limited ₹38.72 Cr	Cement & Cement Products	0.25%
67	Acme Solar Holdings Ltd ₹38.96 Cr	Power	0.25%
68	TBO Tek Limited ₹37.44 Cr	Leisure Services	0.24%
69	Sai Life Sciences Limited ₹36.58 Cr	Pharmaceuticals & Biotechnology	0.24%
70	Avenue Supermarts Limited ₹37.90 Cr	Retailing	0.24%
71	Mazagon Dock Shipbuilders Limited ₹35.95 Cr	Industrial Manufacturing	0.23%
72	SANOFI CONSUMER HEALTHCARE ₹35.02 Cr	Pharmaceuticals & Biotechnology	0.23%
73	TeamLease Services Limited ₹34.13 Cr	Commercial Services & Supplies	0.22%
74	SBI Life Insurance Company Limited ₹34.45 Cr	Insurance	0.22%
75	Kaynes Technology India Limited ₹33.47 Cr	Industrial Manufacturing	0.22%
76	SRF Limited ₹32.87 Cr	Chemicals & Petrochemicals	0.21%
77	One 97 Communications Limited ₹31.49 Cr	Financial Technology (Fintech)	0.20%
78	Piramal Finance Ltd ₹29.94 Cr	Finance	0.19%
79	Alkem Laboratories Limited ₹29.14 Cr	Pharmaceuticals & Biotechnology	0.19%
80	JSW Cement Limited ₹27.11 Cr	Cement & Cement Products	0.18%
81	GAIL (India) Limited ₹28.15 Cr	Gas	0.18%
82	Global Health Limited ₹27.96 Cr	Healthcare Services	0.18%
83	Lupin Limited ₹28.35 Cr	Pharmaceuticals & Biotechnology	0.18%
84	CESC Limited ₹27.31 Cr	Power	0.18%
85	Vishal Mega Mart Limited ₹27.27 Cr	Retailing	0.18%
86	Persistent Systems Limited ₹25.97 Cr	IT - Software	0.17%
87	Arvind Fashions Limited ₹26.25 Cr	Retailing	0.17%
88	Prestige Estates Projects Limited ₹25.66 Cr	Realty	0.17%
89	DLF Limited ₹23.62 Cr	Realty	0.15%
90	Max Estates Limited ₹23.08 Cr	Realty	0.15%
91	P N Gadgil Jewellers Limited ₹20.51 Cr	Consumer Durables	0.13%
92	Thomas Cook (India) Limited ₹19.58 Cr	Leisure Services	0.13%
93	Cyient DLM Ltd ₹13.48 Cr	Aerospace & Defense	0.09%
94	Talwandi Sabo Power Limited ₹7.00 Cr	Power	0.05%
95	Malco Energy Limited ₹6.85 Cr	Power	0.04%
96	Vedanta Iron And Steel Limited ₹4.37 Cr	Metals & Minerals Trading	0.03%