The Wealth Company Multi Asset Allocation Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

The Wealth Company Multi Asset Allocation Fund Direct Growth Plan currently has an NAV of ₹10.921 as of 18 September 2026 and scheme AUM of ₹208 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%, and the fund is tagged as High Risk. Our view is that this is still a very young hybrid scheme, so the short history and zero trailing return record leave limited evidence for a strong performance case, even though the portfolio already mixes debt, gold, equity and cash exposure.

The current setup looks more suitable for investors who want multi-asset diversification and can accept a high-risk profile while the track record develops. The benchmark is Nifty 50, so the fund should be read against a plain equity index, but the portfolio structure is broader than that benchmark and may behave differently across market cycles.

Quick facts

Particular	Details
NAV	₹10.921 as of 18 Sep 2026
AUM	₹208 Cr
Expense Ratio	0.0%
Launch Date	09 Dec 2025
Min SIP	₹250
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Hybrid
Exit Load	1% on or before 30D, Nil after 30D
Fund Managers	Aparna Shanker, Umesh Sharma, Niranjan Das

The fund is managed by Aparna Shanker, Umesh Sharma and Niranjan Das.

Source data date: as of 18 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-1.77%	-3.73%
3M	0.42%	-3.14%
1Y	Data not available	Data not available
3Y	Data not available	Data not available
5Y	Data not available	Data not available

The short-period numbers show a mixed but not damaging pattern. In the 1-month view the fund slipped, but it still held up better than the benchmark, which fell more sharply. In the 3-month view the fund moved into positive territory while the benchmark stayed negative, so the fund has recently shown a steadier path than Nifty 50.

The daily path behind those shorter windows suggests a mild recovery after some weakness rather than a strong upward trend. That matters because the scheme only launched in December 2025, so there is not yet a long operating history to judge whether the recent resilience is repeatable across different market phases.

The absence of usable 1-year, 3-year and 5-year trailing performance means the fund is still too early in its life for a mature long-term read. For now, our view is that the main signal is not return strength but that the portfolio has begun to behave with lower short-term stress than the benchmark over the latest measured windows.

Source data date: as of 18 Sep 2026

Should you BUY or HOLD The Wealth Company Multi Asset Allocation?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

Already holding The Wealth Company Multi Asset Allocation? Thinking of investing now?

Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium

Peer comparison

Fund	1Y return	3Y return	5Y return
The Wealth Company Multi Asset Allocation Fund Direct Growth Plan	Data not available	Data not available	Data not available
360 ONE Multi Asset Allocation Fund Direct Growth Plan	19.91%	Data not available	Data not available
Quant Multi Asset Allocation Fund Direct Growth Plan	16.29%	22.23%	19.88%
Kotak Multi Asset Allocation Fund Direct Growth Plan	14.68%	Data not available	Data not available
Mahindra Manulife Multi Asset Allocation Fund Direct Growth Plan	12.65%	Data not available	Data not available
DSP Multi Asset Allocation Fund Direct Growth Plan	12.65%	Data not available	Data not available

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. The available peer set shows much stronger 1-year results from the established schemes, while this fund still has no usable trailing return record because of its recent launch. That makes the comparison more about readiness than about sustained underperformance. Quant Multi Asset Allocation Fund Direct Growth Plan also has visible 3-year and 5-year numbers, so it provides a stronger long-horizon reference point than the newer schemes.

Source data date: as of 18 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
7.38% REC Limited 28-Feb-2029**	Corporate Debt	5.73%
Net Receivable/Payable	Cash & Cash Equivalents and Net Assets	5.11%
The Wealth Company Gold ETF	Domestic Mutual Funds Units – Gold	4.87%
7.64% NABARD 06-Dec-2029**	Corporate Debt	3.83%
7.04% Sidbi 09-Feb-2029**	Corporate Debt	3.78%
ICICI Bank Limited	Bank	2.59%
7.68% NABARD 30-Apr-2029**	Corporate Debt	1.92%
Motilal Oswal Financial Services	Finance	1.9%
ICICI Pru Mutual Fund – Gold ETF	Domestic Mutual Funds Units – Gold	1.83%
CG Power and Industrial Solutions Ltd	Capital Goods	1.76%

The top 10 holdings account for approximately 33.32% of the portfolio.

To see all holdings, visit the The Wealth Company Multi Asset Allocation Fund Direct Growth Plan page

The single largest holding is 7.38% REC Limited 28-Feb-2029**, at 5.73%. The gap to the tenth holding is not extreme, with the tenth position at 1.76%, so the largest line item is meaningful without dominating the visible list.

The top holdings also show a deliberate spread across corporate debt, gold, cash and a small equity sleeve. That mix may reduce dependence on one asset class, although the 33.32% combined weight of the displayed positions means a significant part of the portfolio still sits outside the top 10 and could affect the overall pattern.

With 66 disclosed holdings, the scheme looks more layered than concentrated in only a handful of names. The visible slice suggests breadth across many positions, while the largest few holdings may still have greater influence on near-term movement than the rest of the longer tail.

Source data date: as of 18 Sep 2026

Who should invest

This fund may suit investors who are comfortable with High Risk and want a multi-asset structure rather than a pure equity-only portfolio. The recent return pattern is still short and mixed, so the main fit is for people with a medium-to-long horizon who can tolerate a developing track record and some early-stage uncertainty.

The key trade-off is that the portfolio may provide diversification across debt, gold and equity, but the evidence on enduring performance is limited. Compared with the benchmark, the fund has looked steadier in the latest measured windows, yet peer schemes with longer histories still show much stronger trailing numbers. That makes patience and risk tolerance more important than a quick return expectation.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: 1% if units are sold within 30 days; nil after 30 days.

Source data date: as of 18 Sep 2026

Frequently asked questions

What is the current NAV of The Wealth Company Multi Asset Allocation Fund Direct Growth Plan?
The current NAV is ₹10.921 as of 18 September 2026.

What are the fund's 1-year, 3-year and 5-year returns?
The fund's 1-year, 3-year and 5-year returns are not yet available as usable trailing figures in the current record.

How has the fund done versus Nifty 50 recently?
It has been ahead of Nifty 50 in the latest short windows. The fund returned -1.77% over 1 month and 0.42% over 3 months, while the benchmark returned -3.73% and -3.14%.

How does it compare with peer funds on available return data?
The peer set shows much stronger 1-year numbers from established funds such as 360 ONE Multi Asset Allocation Fund Direct Growth Plan at 19.91% and Quant Multi Asset Allocation Fund Direct Growth Plan at 16.29%. This fund does not yet have comparable trailing figures because it is very new.

What is the minimum SIP amount?
The minimum SIP amount is ₹250.

Who manages the fund and what is the exit load?
The fund is managed by Aparna Shanker, Umesh Sharma and Niranjan Das. The exit load is 1% if units are sold within 30 days and nil after 30 days.

Bottom line

The fund’s early short-term behaviour has been steadier than the benchmark, but its longer-term return picture is still not meaningful because the scheme is very new. In peer terms, the available comparison set has materially stronger trailing records, especially over 1 year and, where available, longer periods. The portfolio blends corporate debt, gold, cash and equity, so it is built for diversification rather than a single-market bet. That profile may interest investors who accept High Risk and are willing to wait for a fuller history.

Published on 21 September 2026 at 10:00 AM IST

Explore mutual funds with Univest

Review mutual fund data, compare performance and explore fund insights on Univest.

Explore Univest

RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.