Nippon India Multi Asset Allocation Fund vs The Wealth Company Multi Asset Allocation Fund
Direct Plan, Growth option · Data as on 29-10-2026
Nippon India Multi Asset Allocation Fund and The Wealth Company Multi Asset Allocation Fund are both Multi Asset funds. Nippon India Multi Asset Allocation Fund charges 0.48% a year and The Wealth Company Multi Asset Allocation Fund 1.23% (Direct plans). Their portfolios overlap 9.3%: they hold 13 of the same securities.
Nippon India Multi Asset Allocation Fund
Multi Asset
- Expense ratio
- 0.48%
- NAV
- ₹25.81
The Wealth Company Multi Asset Allocation Fund
Multi Asset
- Expense ratio
- 1.23%
- NAV
- ₹10.41
Which is better, Nippon India Multi Asset Allocation or The Wealth Company Multi Asset Allocation? 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 Multi Asset Allocation costs less: 0.48% a year against 1.23% (Direct plans).
- Nippon India Multi Asset Allocation fell less in its worst fall since 12-12-2025: −10.8% against −11.0%.
- Nippon India Multi Asset Allocation holds 4.5% of the fund in foreign stocks; The Wealth Company Multi Asset Allocation 0.0%.
- Nippon India Multi Asset Allocation holds more in large companies: 40.1% of the fund in large caps against 16.4%.
- Nippon India Multi Asset Allocation is the larger fund: ₹18,044 Cr against ₹212 Cr.
- Their portfolios overlap 9.3%: 13 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 Multi Asset Allocation Fund | The Wealth Company Multi Asset Allocation Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | The Wealth Company Mutual Fund |
| Category | Multi Asset | Multi Asset |
| AUM | ₹18,044 Cr (30-09-2026) | ₹212 Cr (30-09-2026) |
| NAV | ₹25.81 (Direct) | ₹10.41 (Direct) |
| Expense ratio (Direct) | 0.48% | 1.23% |
| Expense ratio (Regular) | 1.44% | 2.84% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | 40% NIFTY 200 TRI + 45% NIFTY Short Duration Debt Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver |
| Launch date | Not available | 09-12-2025 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Aparna Shanker, Umesh Sharma, Niranjan Das |
| Exit load | Not available | 1% - If redeemed/switched out within 30 days from the date of allotment. Nil - if redeemed/switched out after 30 days from the date of allotment |
Nippon India Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: 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 Multi Asset Allocation Fund (Direct) | −2.06% | −3.53% | −1.74% | +3.05% | +17.96% | +13.83% | -- |
| The Wealth Company Multi Asset Allocation Fund (Direct) | −3.15% | −3.00% | −1.43% | -- | -- | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | -- | -- | -- | -- |
Category average: the average of the 37 Multi Asset funds, same plan type.
Nippon India Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: Year-wise Returns
| Year | Nippon IndiaNippon India Multi Asset Allocation | The Wealth CompanyThe Wealth Company Multi Asset Allocation |
|---|---|---|
| 2026to date | +0.43% | +2.74% |
| 2025 | +20.96% | -- |
| 2024 | +20.14% | -- |
| 2023 | +25.92% | -- |
| 2022 | +4.63% | -- |
| 2021 | +21.10% | -- |
Nippon India Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: Rolling Returns
Every holding period of both funds
Nippon India Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Multi Asset Allocation Fund (Direct) | The Wealth Company Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.79% | +4.07% |
| Standard deviation | 9.40% | 13.24% |
| Sharpe ratio | 1.22 | -0.09 |
| Sortino ratio | 1.70 | -0.12 |
| Maximum drawdown | −10.8% (23-03-2026) | −11.0% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 31-08-2020 to 29-10-2026. 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 Multi Asset Allocation Fund (Direct)
The Wealth Company Multi Asset Allocation Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Multi Asset Allocation Fund (Direct) | −10.8% | 29-01-2026 | 23-03-2026 | 06-08-2026 | 4 months | −7.0% |
| The Wealth Company Multi Asset Allocation Fund (Direct) | −11.0% | 29-01-2026 | 23-03-2026 | 06-08-2026 | 4 months | −6.6% |
From daily values since 12-12-2025, the first day every fund has.
Nippon India Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Multi Asset Allocation Fund, September 2026; The Wealth Company Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 9.3%
- Held by both
- 13
- Only in Nippon India Multi Asset Allocation
- 150
- Only in The Wealth Company Multi Asset Allocation
- 58
| Security | % of Nippon India Multi Asset Allocation | % of The Wealth Company Multi Asset Allocation |
|---|---|---|
| ICICI Bank Limited | 3.44% | 2.31% |
| HDFC Bank Limited | 3.25% | 1.74% |
| Nippon India Silver ETF | 2.70% | 1.15% |
| State Bank of India | 1.69% | 0.95% |
| Jubilant Foodworks Limited | 0.76% | 1.19% |
| Knowledge Realty Trust | 0.72% | 0.39% |
| Kirloskar Oil Engines Limited | 0.38% | 1.42% |
| Mankind Pharma Limited | 0.35% | 1.26% |
| Coforge Limited | 0.34% | 0.90% |
| Apollo Hospitals Enterprise Limited | 0.31% | 0.99% |
| 7.68% National Bank For Agriculture and Rural Development | 0.28% | 1.88% |
| SBI Funds Management Limited | 0.18% | 0.22% |
| Alkem Laboratories Limited | 0.15% | 0.98% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 9.3% means 9.3% 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 Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| Nippon India ETF Gold Bees | 7.94% |
| Axis Bank Limited | 2.42% |
| Eternal Limited | 1.65% |
| Reliance Industries Limited | 1.49% |
| Mahindra & Mahindra Limited | 1.44% |
Largest holdings only in The Wealth Company Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| The Wealth Company Gold ETF Growth | 5.83% |
| 7.64% NABARD 06-DEC-2029 | 3.75% |
| 7.04% SIDBI 09-FEB-2029 | 3.71% |
| 7.3% REC Limited 31-MAY-2028 | 1.88% |
| 7.38% REC Limited 28-FEB-2029 | 1.88% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Multi Asset Allocation | The Wealth Company Multi Asset Allocation |
|---|---|---|
| Equity | 62.0% | 58.3% |
| Debt | 18.6% | 15.4% |
| Cash and others | 19.3% | 26.3% |
Market cap of stocks
| Market cap | Nippon India Multi Asset Allocation | The Wealth Company Multi Asset Allocation |
|---|---|---|
| Large Cap | 40.1% | 16.4% |
| Mid Cap | 10.3% | 22.3% |
| Small Cap | 7.0% | 14.6% |
| Foreign stocks | 4.5% | 0.0% |
| Not on AMFI's list | 0.2% | 4.9% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Nippon India Multi Asset Allocation | The Wealth Company Multi Asset Allocation |
|---|---|---|
| Banks | 12.3% | 6.2% |
| Retailing | 6.6% | 1.6% |
| Pharmaceuticals & Biotechnology | 1.7% | 5.5% |
| Other | 4.5% | 0.0% |
| Capital Markets | 1.7% | 4.0% |
| Auto Components | 1.8% | 4.0% |
| Electrical Equipment | 1.1% | 3.8% |
| Finance | 3.1% | 2.6% |
| Consumer Durables | 3.0% | 2.3% |
| Automobiles | 3.0% | 1.3% |
| Leisure Services | 1.8% | 2.9% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Multi Asset Allocation Fund | The Wealth Company Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.48% | 1.23% |
| Base expense ratio (Direct) | 0.30% | 0.35% |
| Total expense ratio (Regular) | 1.44% | 2.84% |
| Base expense ratio (Regular) | 1.14% | 1.81% |
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.
More comparisons
Each fund against the others of its category
Compare Nippon India Multi Asset Allocation with
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Nippon India Multi Asset Allocation Fund vs The Wealth Company Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between Nippon India Multi Asset Allocation Fund and The Wealth Company Multi Asset Allocation Fund?
Both are Multi Asset funds, run by Nippon India Mutual Fund and The Wealth Company Mutual Fund. Their portfolios overlap 9.3%. Nippon India Multi Asset Allocation Fund charges 0.48% a year and The Wealth Company Multi Asset Allocation Fund 1.23%.
Which has the lower expense ratio, Nippon India Multi Asset Allocation Fund or The Wealth Company Multi Asset Allocation Fund?
Nippon India Multi Asset Allocation Fund charges less: 0.48% a year against 1.23%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Multi Asset Allocation Fund and The Wealth Company Multi Asset Allocation Fund overlap?
9.3%. They hold 13 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, SILVERBEES. From each fund's latest monthly portfolio.
Can I invest in both Nippon India Multi Asset Allocation Fund and The Wealth Company Multi Asset Allocation Fund?
Yes. 9.3% of each fund's money sits in the same holdings, so the two hold mostly different investments.
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.