Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Debt

Direct

Fixed Maturity Intermediate-Term Bond

NAV as on 04-12-2024

₹ 11.52

Inception Returns

7.3%

/yr

About Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth is a debt fund. This fund was started on 7 December, 2022. The fund is managed by Siddharth Deb, Vikash Agarwal. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth has given a CAGR return of 7.33% since inception. Over the last 1 year the fund has given a CAGR return of 8.43%.

Holdings

Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are Goi 12.04.2026 Gov, Goi 12.04.2026 Gov

Taxation

As it is a fixed maturity intermediate-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 XLIV Series 4 Direct Growth

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

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth Overview

Expense ratio0.05%
Benchmark
CRISIL Medium Term Debt TR INR
AUM₹0 Cr
Inception Date7 December, 2022
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
99.33%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (04-Dec-24)

Period
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth
Fixed Maturity Short-Term Bond Index
1M
0.6%
-
3M
1.9%
-
6M
4.1%
-
1Y
8.4%
-

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
99.9%
Cash Equivalent
0.1%
All changes are between Oct'69 and Dec'69
Cash allocation has gone down from 0.1% to 0.1%
Cash allocation has gone down from 0.1% to 0.1%
Debt allocation has gone up from 99.9% to 99.9%
Debt allocation has gone up from 99.9% to 99.9%

Top Sector in October was Government

Oct'24
Government
100%
Sep'24
Government
100%
  • Debt & Cash

Holdings
Weight%
1M Change
Goi 12.04.2026 Gov
Goi 12.04.2026 Gov
97.42%
0%
Goi 12.04.2026 Gov
Goi 12.04.2026 Gov
2.5%
0%
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Siddharth Deb
Siddharth Deb
Fund Manager of Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth, since 14 September 2024
Vikash Agarwal
Vikash Agarwal
Fund Manager of Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth, since 14 September 2024
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.29L Cr
as on 31-Oct-2024
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in

Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.33% since inception which is more than its category average return of 4.55%
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 for Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

The current NAV of Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth is ₹11.52 as on 04-Dec-2024.
Existing (Absolute + CAGR) as on 04-Dec-2024.
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.64%
0.64%
6 Month Returns
4.08%
4.08%
1 Year Returns
8.43%
8.43%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.05% as on November 2024
AAA
100
Siddharth Deb, Vikash Agarwal are the fund managers of Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth