Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl
Debt
Direct
Medium To Long Duration
NAV: ₹ 11.4 as on 01-06-2023
Fund Performance
About the Fund
Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Vivek Sharma, Akshay Sharma. This fund is suitable to keep your money safe.
Key parameters
1) Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has a NAV of ₹11.3605 as on 01-06-2023.
2) Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has ₹262 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 0.58 %.
Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.58% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹262 Cr |
 | 1 January, 2013 |
 | ₹25000/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 219.6% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Government
80.8%
Cash Equivalent
13.2%
Corporate
6%
Top Holdings of Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl as on (31-May-23)
Debt Holdings16
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.26 8/22/2032 12:00:00 Am | 33.03% | 0% | |
7.38 6/20/2027 12:00:00 Am | 16.71% | 0% | |
7.54 5/23/2036 12:00:00 Am | 10.71% | 0% | |
7.1 4/18/2029 12:00:00 Am | 10.29% | 0% | |
Indian Railway Finance Corporation Limited | 6.25% | 0% |
See all
Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.11% whereas the fund’s underlying benchmark Medium to Long Duration Index returns stands at -0.01% as on Apr'23
- This fund outperformed Medium to Long Duration Index by 0.12% in Apr'23
AUM Change
- AUM of the fund stands at 257.4 Cr as of Apr'23
- AUM increased by 9 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Kinjal Desai
Fund Manager of Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl, since 25 May 2018
Top funds managed
Vivek Sharma
Fund Manager of Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl, since 1 February 2020
Top funds managed
Akshay Sharma
Fund Manager of Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl, since 1 December 2022
Top funds managed
Fund 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 6.34% since inception which is more than its category average return of 6.23%
AUM size ₹262 Cr
This fund has AUM of ₹262 Cr which is less than its category average of ₹ 925 Cr
Expense Ratio 0.58%
This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.13%
Frequently Asked Questions
The current NAV of Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl is ₹11.36 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.29% | 1.29% |
6 Month Returns | 4.49% | 4.49% |
1 Year Returns | 9.67% | 9.67% |
3 Years Returns | 17.1% | 5.4% |
5 Years Returns | 41.6% | 7.2% |
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.
0.58% as on May 2023
₹262 Cr as on May 2023
7.26 8/22/2032 12:00:00 Am(33.03%), 7.38 6/20/2027 12:00:00 Am(16.71%), 7.54 5/23/2036 12:00:00 Am(10.71%), 7.1 4/18/2029 12:00:00 Am(10.29%), Indian Railway Finance Corporation Limited(6.25%) as on May 2023
Government(79.88%), Cash Equivalent(10.3%), Corporate(9.81%) as on May 2023
Yield to Maturity is 7.32 as on May 2023. 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 5.6 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Kinjal Desai, Vivek Sharma, Akshay Sharma are the fund managers of Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Income Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl is 0.25%