Nippon India Multi Asset Allocation Fund vs DSP Multi Asset Allocation Fund
Updated June 2026 · both Multi Asset Allocation funds · metrics from AMFI NAVs
In short: DSP Multi Asset Allocation Fund has the lower expense ratio (0.38%); DSP Multi Asset Allocation Fund has the better risk-adjusted return (Sharpe 1.54). This is analysis from past data, not a recommendation.
| Metric | Nippon India Multi Asset Allocation Fund | DSP Multi Asset Allocation Fund |
|---|---|---|
| 1Y return | +12.54% | +16.37% |
| 3Y CAGR | +19.96% | - |
| 5Y CAGR | +16.06% | - |
| Sharpe ratio | 1.06 | 1.54 |
| Max drawdown | -10.8% | -9.7% |
| Volatility | 9.2% | 8.3% |
| Alpha | +11.65% | +12.19% |
| Expense ratio (Direct) | 1.07% | 0.38% |
| AUM | ₹12.6K Cr | ₹7.9K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
DSP Multi Asset Allocation Fund has the lower Direct-plan expense ratio (0.38%), versus 1.07% for the other. Over long horizons a lower TER compounds into a meaningful difference.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.