Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl

Debt
Direct
Fixed Maturity Short-Term Bond
Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl

About the Fund

Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 17 March, 2020. The fund is managed by Anju Chhajer. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl has ₹206 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

Returns

Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 0.00% since inception.

Holdings

Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent. Its top holdings are 7.16% Govt Stock 2023, Power Finance Corporation Ltd., LIC Housing Finance Limited

Taxation

As it is a fixed maturity short-term bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl

The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility • Central and State Government securities and • Other fixed income/ debt securities However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.05%
Benchmark
CRISIL Composite Bond TR INR
AUM₹206 Cr
Inception Date17 March, 2020
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
84.34%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.16% Govt Stock 2023
7.16% Govt Stock 2023
48.13%
8.9%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
8.33%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
6.94%
0%

  • Returns %

  • Fund Ratios

  • Overview

Anju Chhajer
Anju Chhajer
Fund Manager of Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl, since 14 November 2022

Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
AUM size ₹206 Cr

AUM size ₹206 Cr

This fund has AUM of ₹206 Cr which is more than its category average of ₹ 144 Cr
Expense Ratio 0.05%

Expense Ratio 0.05%

This fund has an expense ratio of 0.05% which is less than its category average expense ratio of 0.17%

Frequently Asked Questions

The current NAV of Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl is ₹1025.43 as on 01-Jan-0001.
Existing (Absolute + CAGR) as on 01-Jan-0001.
Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.05% as on May 2024
₹206 Cr as on May 2024
AAA
100
Anju Chhajer is the fund manager of Nippon India Fixed Horizon Fund XLII Series 4 Direct Payout Inc Dist cum Cap Wdrl