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Nippon India Multi - Asset Omni FoF

FoF Domestic · Nippon Life India Asset Management Limited

In plain words

Among the 470 funds in its category, this one has grown money a bit faster than average. ₹1 lakh invested 5 years ago would be about ₹2 lakh today. Investing ₹10,000 every month for the last 5 years would have put in ₹6.1 lakh and grown it to about ₹9 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹90,980. Its ride has historically been comparatively steady.

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Nippon India Multi - Asset Omni FoF is a FoF Domestic fund from Nippon Life India Asset Management Limited. It has a track record of about 5.6 years. As of the latest data it carries an RS rating of 63/99 (its recent momentum versus category peers) and a King Score of 76/100 (a long-term quality composite). The current NAV is ₹24.79 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 76/100 · Current momentum (RS): 63/99 · 5-year CAGR: 15.16% · Worst-ever fall: -9.02%
63RS rating
76King Score
15.74%3Y CAGR
15.16%5Y CAGR
-9.02%Max drawdown
0.89Sharpe 3Y
0.59%Expense
2692AUM ₹Cr

Growth of ₹100 - last 5 years

2021-092026-08
What ₹100 invested 5 years ago would be worth today, from actual NAV history.

Nippon India Multi - Asset Omni FoF returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-2.38%-1.68%
3 months0.2%-0.37%
6 months4.41%2.56%
1 year8.25%18.46%
3 years (CAGR)15.74%18.94%
5 years (CAGR)15.16%13.11%

The last 5 years return is 15.16% a year (₹1 lakh → ₹2 lakh), and the last 3 years return is 15.74% - behind its category's 18.94% average by 3.2 points. Its trailing one-year return is 8.25%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearNippon India Multi - ABenchmark
2022+7.9%+3.0%
2023+30.1%+25.8%
2024+18.9%+15.2%
2025+15.4%+6.7%
2026+4.0%-5.8%

Nippon India Multi - Asset Omni FoF beat its benchmark in 5 of the last 5 calendar years. That is a strong hit-rate - most active funds fail to clear their index this often. Consistency against the benchmark matters more than any single great year.

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in Nippon India Multi - Asset Omni FoF would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹443,65612.14%
5 years₹610,000₹903,29815.68%

Over 5 years, ₹610,000 invested in monthly instalments would have grown to about ₹903,298 - an XIRR of 15.68%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-9.02%-18.66%
Worst drawdown (3Y)-9.02%-15.66%
Volatility (1Y)13.41%23.47%
Sharpe (3Y)0.890.59
Sortino (3Y)1.641.3
Beta (3Y)0.60.39
Alpha (3Y)8.11%12.5%
Up capture73.5%61.1%
Down capture48.4%21.88%
Bull-market return26.3%31.51%
Bear-market return-8.3%-5.21%

Timing matters more than people admit: the best possible 1-year stretch in Nippon India Multi - Asset Omni FoF (starting 2023-04-11) gained 36.8%, while the worst (starting 2021-10-14) still made 2.2%. The worst peak-to-bottom fall Nippon India Multi - Asset Omni FoF has ever put investors through is -9.02% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -8.3% annualised, versus 26.3% in rising markets. It has captured roughly 73.5% of its benchmark's up-moves and 48.4% of its down-moves.

How Nippon India Multi - Asset Omni FoF behaves when markets fall

When the market is falling (the Nifty below its 200-day average), Nippon India Multi - Asset Omni FoF has historically returned about -8.3% annualised, versus roughly 26.3% when the market is rising. Its deepest fall on record is -9.02%. Right now it sits about 2.75% below its all-time high (last hit 2026-08-12). The real question isn't the average year - it's whether you could hold on through the worst one.

How Nippon India Multi - Asset Omni FoF ranks in its category

Percentile versus its ~470 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
73th
Drawdown resilience
73th
Consistency
82th
Risk-adjusted (Sharpe)
74th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR20.17%
3Y windows positive100.0%
Worst 3Y window17.02%
Median 5Y rolling CAGR17.75%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Nippon India Multi - Asset Omni FoF returned a median of 20.17% a year, and 100.0% of those windows were positive.

Who manages Nippon India Multi - Asset Omni FoF - and how good are they?

Nippon India Multi - Asset Omni FoF is managed by Sushil Budhia, Vikram Dhawan and Shirish Guthe. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.

Sushil Budhia's full record

Sushil Budhia currently runs 10 funds, across Aggressive Hybrid Fund, Conservative Hybrid Fund, Credit Risk Fund, Dynamic Asset Allocation or Balanced Advantage and more, with about ₹38,908 Cr under management. The book's average King Score is 76.4/100. Their strongest fund by King Score is Nippon India Short Duration Fund (83/100); Nippon India Multi - Asset Omni FoF ranks #5 of 10 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Nippon India Short Duration Fund86831.2%2.8%5.8%7.7%6.7%7.3%1.117.9%-2.9%
2Nippon India Conservative Hybrid Fund99821.6%3.5%7.0%8.5%8.2%6.0%0.978.5%-18.9%
3Nippon India Multi Asset Allocation Fund87810.9%4.8%11.7%18.3%15.2%n/a1.1618.4%-9.5%
4Nippon India Balanced Advantage Fund81801.0%4.0%2.4%10.2%9.5%11.0%0.4312.9%-22.8%
5Nippon India Multi - Asset Omni FoF (this page)63760.2%4.4%8.2%15.7%15.2%n/a0.8920.2%-9.0%
6Nippon India Credit Risk Fund75751.8%3.9%8.0%8.9%7.9%6.6%2.658.7%-13.8%
7Nippon India Medium Duration Fund98742.9%3.3%6.6%8.6%6.9%3.8%1.097.0%-29.8%
8Nippon India Medium Duration Fund72711.4%2.9%6.2%8.3%6.8%3.7%0.977.0%-29.8%
9Nippon India Aggressive Hybrid Fund5766-0.1%2.8%-0.2%9.8%10.6%9.8%0.313.9%-42.4%
10Nippon India Income Plus Arbitrage Active Fund of Fund55n/a1.4%3.0%5.9%n/an/an/an/an/a-0.2%

Vikram Dhawan's full record

Vikram Dhawan currently runs 2 funds, across FoF Domestic, Multi Asset Allocation, with about ₹18,173 Cr under management. The book's average King Score is 78.5/100. Their strongest fund by King Score is Nippon India Multi Asset Allocation Fund (81/100); Nippon India Multi - Asset Omni FoF ranks #2 of 2 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Nippon India Multi Asset Allocation Fund87810.9%4.8%11.7%18.3%15.2%n/a1.1618.4%-9.5%
2Nippon India Multi - Asset Omni FoF (this page)63760.2%4.4%8.2%15.7%15.2%n/a0.8920.2%-9.0%

Shirish Guthe's full record

Shirish Guthe currently runs 5 funds, across FoF Domestic, Sectoral/ Thematic, with about ₹3,558 Cr under management. The book's average King Score is 60.8/100. This fund is the highest-scored fund they run (King 76/100).

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Nippon India Multi - Asset Omni FoF (this page)63760.2%4.4%8.2%15.7%15.2%n/a0.8920.2%-9.0%
2Nippon India Quant Fund2364-1.0%0.4%-1.3%12.7%12.5%13.7%0.3813.5%-32.8%
3Nippon India Quant Fund2364-1.0%0.4%-1.3%12.7%12.5%13.7%0.3813.6%-32.8%
4Nippon India Diversified Equity Flexicap Passive FoF1139-0.8%2.5%-2.6%8.8%8.8%n/a0.1716.0%-18.6%
5Nippon India Active Momentum Fund69n/a2.3%10.6%8.8%n/an/an/a0.64n/a-11.8%

A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.

Cost & fund basics

DetailValue
Expense ratio (Direct)0.59%
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹5000
Fund size (AUM)₹2,692 Cr
Age5.6 years
Plan / OptionDirect · Growth
BenchmarkNIFTY500

How Nippon India Multi - Asset Omni FoF compares to peers

FundRSKing3Y CAGR
UTI Gold ETF Fund of Fund888236.0%
Motilal Oswal Gold and Silver Passive Fund of Funds(Direct )887837.9%
LIC MF Gold ETF Fund of Fund747835.5%
Edelweiss Gold and Silver ETF FOF887740.5%
Axis Silver Fund of Fund947345.3%
Kotak Silver ETF Fund of Fund967245.2%
Compare side by side. Chart Nippon India Multi - Asset Omni FoF against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
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Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

Nippon India Multi - Asset Omni FoF review: the bottom line

On the data, its strengths are a strong long-term quality score (76/100), a low expense ratio (0.59%). Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is Nippon India Multi - Asset Omni FoF a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Nippon India Multi - Asset Omni FoF scores 76/100 on our King Score and RS 63/99 within its category, has compounded 15.74% a year over three years, and its worst drawdown was -9.02%. Compare those against your needs and the peer table above.

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

The latest NAV is ₹24.79 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

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

The Direct-plan expense ratio is 0.59% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.

Who is the fund manager of Nippon India Multi - Asset Omni FoF?

Nippon India Multi - Asset Omni FoF is managed by Sushil Budhia; Vikram Dhawan; Shirish Guthe.

Is Nippon India Multi - Asset Omni FoF safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -9.02% - ₹1 lakh briefly becoming about ₹90,980. As a index & fof, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is Nippon India Multi - Asset Omni FoF good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 5 years grew ₹6.1 lakh into about ₹9 lakh (XIRR 15.68%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of Nippon India Multi - Asset Omni FoF?

A ₹10,000/month SIP over 5 years would have grown to about ₹903,298 (an XIRR of 15.68%) on ₹610,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does Nippon India Multi - Asset Omni FoF rank among similar funds?

On 3-year returns it sits around the 73th percentile of its category, and its consistency ranks 82th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is Nippon India Multi - Asset Omni FoF tax-efficient / what about capital gains?

As a index & fof, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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