Nippon India Multi Asset Fund

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:

1. Returns: It denotes the rise in the investment's worth during the investment period, expressed as a percentage or a monetary value. As part of our analysis, we evaluated five return parameters of this fund. We have classified the return parameters into three performance groups: the top 25%, parameters that fall below the top 25% but remain above average, and parameters that are below average. The performance of each parameter is outlined below.
   1. Top 25%: Two return parameters of the Nippon India Multi Asset Fund are in the top 25% in the category, as listed below:
      
      • 6M Return %
      • 1Y Return %
   2. Above Average Below the Top 25%: Three return parameters of the Nippon India Multi Asset Fund are above average but below the top 25% in the category, as listed below:
      
      • 1M Return %
      • 3M Return %
      • 3Y Return %
   3. Below Average: Nippon India Multi Asset Fund has no return parameters that are below average in the category.
2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. For Nippon India Multi Asset Fund, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
   1. Lowest 25%: Nippon India Multi Asset Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
   2. Below Average but Above the Lowest 25%: Nippon India Multi Asset Fund has two risk parameters that are below average but above the lowest 25% in the category. These are:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 8.87 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 6.39 %.
   3. Above Average: Nippon India Multi Asset Fund does not have any risk parameters above average; which is a good sign.
3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated three risk-adjusted performance parameters of the fund.
   1. Top 25% Risk Adjusted Performance Parameters: Nippon India Multi Asset Fund has one risk-adjusted performance parameter of the fund that is in the top 25% of the category.
      • Sterling Ratio: Nippon India Multi Asset Fund has a Sterling Ratio of 0.81 compared to the category average of 0.68.
   2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Nippon India Multi Asset Fund has two risk-adjusted performance parameters of the fund that are in the this group of the category.
      • Sharpe Ratio: Nippon India Multi Asset Fund has a Sharpe Ratio of 0.78 compared to the category average of 0.6.
      • Sortino Ratio: Nippon India Multi Asset Fund has a Sortino Ratio of 0.39 compared to the category average of 0.32.
   3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.

Date	Nippon India Multi Asset Fund NAV Regular Growth	Nippon India Multi Asset Fund NAV Direct Growth
07-03-2025	19.5039	20.7655
06-03-2025	19.4973	20.7579
05-03-2025	19.4381	20.6942
04-03-2025	19.2481	20.4913
03-03-2025	19.199	20.4383
28-02-2025	19.1398	20.3734
27-02-2025	19.3395	20.5853
25-02-2025	19.4593	20.7115
24-02-2025	19.4849	20.7381
21-02-2025	19.5785	20.8357
20-02-2025	19.7181	20.9836
19-02-2025	19.6561	20.9169
18-02-2025	19.563	20.8171
17-02-2025	19.546	20.7984
13-02-2025	19.6949	20.954
12-02-2025	19.6291	20.8834
11-02-2025	19.6811	20.938
10-02-2025	19.9389	21.2116
07-02-2025	20.0396	21.3167