Nippon India Asset Allocator FOF is an open-ended FOF scheme that invests in equity, debt, gold ETF products of Nippon India MF. The objective is long term capital appreciation by investing in these funds. The benchmark of this fund is the CRISIL Hybrid 50 + 50 – Moderate Index. By investing in Nippon India Asset Allocator FOF, you can benefit from the market cycles with a diversified multi-asset portfolio.