Nippon India Gold Savings Fund vs Nippon India Multi - Asset Omni FoF
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Gold Savings Fund is a mutual fund and Nippon India Multi - Asset Omni FoF is a mutual fund. In the 3 years to 30-10-2026, Nippon India Gold Savings Fund (Direct) returned 30.2% a year and Nippon India Multi - Asset Omni FoF (Direct) returned 14.3% a year. Nippon India Gold Savings Fund charges 0.06% a year and Nippon India Multi - Asset Omni FoF 0.17% (Direct plans). Their portfolios overlap 16.6%: they hold 1 of the same security.
Nippon India Gold Savings Fund
- 3 year return
- 30.2%
- Expense ratio
- 0.06%
- NAV
- ₹55.53
Nippon India Multi - Asset Omni FoF
- 3 year return
- 14.3%
- Expense ratio
- 0.17%
- NAV
- ₹23.65
Which is better, Nippon India Gold Savings or Nippon India Multi - Asset Omni FoF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Gold Savings returned more over 5 years: 22.5% a year against 14.0%.
- Nippon India Gold Savings returned more over 3 years: 30.2% a year against 14.3%.
- Nippon India Gold Savings costs less: 0.06% a year against 0.17% (Direct plans).
- Nippon India Multi - Asset Omni FoF swung less over 3 years: a standard deviation of 10.6% a year against 20.5%.
- Nippon India Multi - Asset Omni FoF fell less in its worst fall since 09-02-2021: −11.6% against −24.4%.
- Nippon India Gold Savings is the larger fund: ₹7,353 Cr against ₹3,012 Cr.
- Their portfolios overlap 16.6%: 1 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Nippon India Gold Savings Fund | Nippon India Multi - Asset Omni FoF |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Nippon India Mutual Fund |
| Category | Not available | Not available |
| AUM | ₹7,353 Cr (30-09-2026) | ₹3,012 Cr (30-09-2026) |
| NAV | ₹55.53 (Direct) | ₹23.65 (Direct) |
| Expense ratio (Direct) | 0.06% | 0.17% |
| Expense ratio (Regular) | 0.25% | 1.15% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
Nippon India Gold Savings vs Nippon India Multi - Asset Omni FoF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Nippon India Gold Savings Fund (Direct) | −5.23% | −1.83% | −6.66% | +15.46% | +30.18% | +22.49% | +15.15% |
| Nippon India Multi - Asset Omni FoF (Direct) | −3.15% | −4.63% | −2.90% | +0.32% | +14.33% | +14.00% | -- |
Nippon India Gold Savings vs Nippon India Multi - Asset Omni FoF: Year-wise Returns
| Year | Gold SavingsNippon India Gold Savings | Multi - Asset Omni FoFNippon India Multi - Asset Omni FoF |
|---|---|---|
| 2026to date | +4.54% | −0.75% |
| 2025 | +71.54% | +15.39% |
| 2024 | +19.26% | +18.92% |
| 2023 | +14.54% | +30.14% |
| 2022 | +12.64% | +7.92% |
| 2021 | −5.25% | -- |
Nippon India Gold Savings vs Nippon India Multi - Asset Omni FoF: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 670 of them, one for each trading day from 09-02-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Nippon India Gold Savings Fund (Direct)
Nippon India Multi - Asset Omni FoF (Direct)
to
Apr 2024Oct 2021
to
Oct 2024Apr 2022
to
Apr 2025Sept 2022
to
Sept 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Gold Savings | 0.0 | 0.0 | 2.4 | 21.2 | 19.9 | 13.9 | 42.7 | 24.0% | 22.5% | 8.0% | 44.0% |
| Nippon India Multi - Asset Omni FoF | 0.0 | 0.0 | 0.0 | 1.0 | 47.5 | 51.5 | 0.0 | 19.9% | 20.1% | 14.1% | 24.1% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 09-02-2021. Past returns do not promise future returns.
Nippon India Gold Savings vs Nippon India Multi - Asset Omni FoF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-02-2021 to 30-10-2026: 69 instalments, ₹6,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Gold SavingsNippon India Gold Savings Fund (Direct) | ₹6,90,000 | ₹13,94,438 | ₹7,04,438 | 24.5% |
| Nippon India Multi - Asset Omni FoFNippon India Multi - Asset Omni FoF (Direct) | ₹6,90,000 | ₹10,24,772 | ₹3,34,772 | 13.7% |
Nippon India Gold SavingsNippon India Gold Savings Fund (Direct)
Nippon India Multi - Asset Omni FoFNippon India Multi - Asset Omni FoF (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Nippon India Gold Savings vs Nippon India Multi - Asset Omni FoF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Gold Savings Fund (Direct) | Nippon India Multi - Asset Omni FoF (Direct) |
|---|---|---|
| Return (CAGR) | +15.46% | +0.32% |
| Standard deviation | 28.30% | 13.01% |
| Sharpe ratio | 0.36 | -0.38 |
| Sortino ratio | 0.50 | -0.51 |
| Maximum drawdown | −24.4% (23-03-2026) | −11.6% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Gold Savings Fund (Direct) | Nippon India Multi - Asset Omni FoF (Direct) |
|---|---|---|
| Return (CAGR) | +30.18% | +14.33% |
| Standard deviation | 20.46% | 10.60% |
| Sharpe ratio | 1.18 | 0.78 |
| Sortino ratio | 1.68 | 1.06 |
| Maximum drawdown | −24.4% (23-03-2026) | −11.6% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Gold Savings Fund (Direct) | Nippon India Multi - Asset Omni FoF (Direct) |
|---|---|---|
| Return (CAGR) | +22.49% | +14.00% |
| Standard deviation | 17.34% | 9.56% |
| Sharpe ratio | 0.96 | 0.86 |
| Sortino ratio | 1.39 | 1.15 |
| Maximum drawdown | −24.4% (23-03-2026) | −11.6% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Gold Savings Fund (Direct) | Nippon India Multi - Asset Omni FoF (Direct) |
|---|---|---|
| Return (CAGR) | +10.27% | +15.90% |
| Standard deviation | 15.07% | 9.46% |
| Sharpe ratio | 0.28 | 1.10 |
| Sortino ratio | 0.40 | 1.49 |
| Maximum drawdown | −24.7% (06-08-2015) | −11.6% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Nippon India Gold Savings Fund (Direct)
Nippon India Multi - Asset Omni FoF (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Gold Savings Fund (Direct) | −24.4% | 29-01-2026 | 23-03-2026 | Not yet | -- | −21.4% |
| Nippon India Multi - Asset Omni FoF (Direct) | −11.6% | 29-01-2026 | 23-03-2026 | 05-08-2026 | 4 months | −8.0% |
From daily values since 09-02-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Gold Savings Fund (Direct)
Nippon India Multi - Asset Omni FoF (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Gold Savings Fund (Direct)
Nippon India Multi - Asset Omni FoF (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Gold Savings Fund (Direct)
Nippon India Multi - Asset Omni FoF (Direct)
Nippon India Gold Savings vs Nippon India Multi - Asset Omni FoF: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Gold Savings Fund, September 2026; Nippon India Multi - Asset Omni FoF, September 2026
Holdings in common
- Overlap
- 16.6%
- Held by both
- 1
- Only in Nippon India Gold Savings
- 0
- Only in Nippon India Multi - Asset Omni FoF
- 7
| Security | % of Nippon India Gold Savings | % of Nippon India Multi - Asset Omni FoF |
|---|---|---|
| Nippon India ETF Gold Bees | 100.03% | 16.60% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 16.6% means 16.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Nippon India Gold Savings Fund
Every holding of this fund is also held by the other.
Largest holdings only in Nippon India Multi - Asset Omni FoF
| Security | % of fund |
|---|---|
| Nippon India Large Cap Fund-Direct Growth Plan | 22.72% |
| Nippon India Growth Mid Cap Fd-Dir Pl-Gr Pl-GrOpt | 20.60% |
| Nippon India Nifty Smallcap 250 Ind FundDi Pl-GrOp | 15.46% |
| Nippon India Short Term Fd-Dir Pl Gr Pl-Gr Opt | 10.03% |
| Nippon India Gilt Sec Fund Dir Pl Growth Pl Gr Op | 7.40% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Gold Savings | Nippon India Multi - Asset Omni FoF |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 100.0% | 100.0% |
Nippon India Gold Savings vs Nippon India Multi - Asset Omni FoF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Gold Savings Fund | Nippon India Multi - Asset Omni FoF |
|---|---|---|
| Total expense ratio (Direct) | 0.06% | 0.17% |
| Base expense ratio (Direct) | 0.05% | 0.14% |
| Total expense ratio (Regular) | 0.25% | 1.15% |
| Base expense ratio (Regular) | 0.21% | 0.97% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Nippon India Gold Savings Fund vs Nippon India Multi - Asset Omni FoF: Frequently Asked Questions
What is the difference between Nippon India Gold Savings Fund and Nippon India Multi - Asset Omni FoF?
Nippon India Gold Savings Fund is a mutual fund, Nippon India Multi - Asset Omni FoF is a mutual fund, run by Nippon India Mutual Fund. Their portfolios overlap 16.6%. Nippon India Gold Savings Fund charges 0.06% a year and Nippon India Multi - Asset Omni FoF 0.17%.
Which has given higher returns, Nippon India Gold Savings Fund or Nippon India Multi - Asset Omni FoF?
Over 1 year: Nippon India Gold Savings Fund +15.46%, Nippon India Multi - Asset Omni FoF +0.32%. Over 3 years: Nippon India Gold Savings Fund +30.18% a year, Nippon India Multi - Asset Omni FoF +14.33% a year. Over 5 years: Nippon India Gold Savings Fund +22.49% a year, Nippon India Multi - Asset Omni FoF +14.00% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Gold Savings Fund or Nippon India Multi - Asset Omni FoF?
Nippon India Gold Savings Fund charges less: 0.06% a year against 0.17%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Gold Savings Fund and Nippon India Multi - Asset Omni FoF overlap?
16.6%. They hold 1 of the same securities, the largest shared ones being GOLDBEES. From each fund's latest monthly portfolio.
Which is better for SIP, Nippon India Gold Savings Fund or Nippon India Multi - Asset Omni FoF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹11,71,191 in Nippon India Gold Savings Fund (XIRR 26.0% a year) and ₹8,51,949 in Nippon India Multi - Asset Omni FoF (XIRR 13.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India Gold Savings Fund and Nippon India Multi - Asset Omni FoF?
Yes. 16.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.