Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth
Debt
Direct
Government Bond
NAV: ₹ 38.55 as on 16-04-2024
Fund Performance
97 people have invested ₹ 92.3K in Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth in the last three months
Mutual Fund Insights
In the last 5 years, SBI Magnum Gilt Fund Direct Growth has given 8.43% return, outperforming this fund by 0.63% per annum.
In the last 3 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 6.48% return, outperforming this fund by 0.9% per annum.
This fund expense ratio is slightly on the lower side within the category (government bond). Its expense ratio is 0.63% which is lower than the category average expense ratio of 0.77%.
In the last 1 year, ICICI Prudential Gilt Fund Direct Plan Growth has given 8.2% return, outperforming this fund by 0.67%.
About the Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth
Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth is a debt fund. This fund was started on 23 July, 2013. The fund is managed by Pranay Sinha, Kinjal Desai. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth has ₹1547 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.6.
Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth Overview
 | 0.63% |
 Benchmark | ICICI Securities Mibex TR INR |
 | ₹1547 Cr |
 | 23 July, 2013 |
 | ₹5000/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 479.49% |
Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
98.2%
Cash Equivalent
1.8%
Top Holdings of Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth as on (31-Mar-24)
Debt Holdings32
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2037 | 44.61% | 16.1% | |
7.26% Govt Stock 2033 | 19.75% | -1.6% | |
7.18% Govt Stock 2033 | 15% | -20.7% | |
7.3% Govt Stock 2053 | 3.3% | 0% | |
6.67% Govt Stock 2035 | 2.5% | 0% |
See all
Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.5K Cr as of Mar'24
- AUM increased by 15.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth Fund Manager
Pranay Sinha
Fund Manager of Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth, since 31 March 2021
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth, since 31 October 2021
Top funds managed
Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 9.31% since inception which is more than its category average return of 6.67%
AUM size ₹1547 Cr
This fund has AUM of ₹1547 Cr which is more than its category average of ₹ 1281 Cr
Expense Ratio 0.63%
This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 0.9%
Frequently Asked Questions
The current NAV of Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth is ₹38.55 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.28% | -0.28% |
6 Month Returns | 4.91% | 4.91% |
1 Year Returns | 7.53% | 7.53% |
3 Years Returns | 17.68% | 5.58% |
5 Years Returns | 45.61% | 7.8% |
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0.63% as on March 2024
₹1547 Cr as on March 2024
7.18% Govt Stock 2037(44.61%), 7.26% Govt Stock 2033(19.75%), 7.18% Govt Stock 2033(15%), 7.3% Govt Stock 2053(3.3%), 6.67% Govt Stock 2035(2.5%) as on March 2024
Yield to Maturity is 7.27 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 7.37 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Pranay Sinha, Kinjal Desai are the fund managers of Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth
The Exit load of Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth is 0.25%