Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth

Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth

Debt

Direct

Fixed Maturity Ultrashort Bond

NAV as on 05-12-2024

₹ 32.65

Inception Returns

6.5%

/yr

About Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth

Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth is a debt fund. This fund was started on 4 March, 2013. The fund is managed by Vikash Agarwal, Siddharth Deb. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth has ₹4 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 Interval Fund Monthly Interval Fund Series II Direct Growth has given a CAGR return of 6.46% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.80%, 5.65% and 4.72% respectively.

Holdings

Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth has allocated its funds majorly in Consumer Cyclical, Cash Equivalent. Its top holdings are

Taxation

As it is a fixed maturity ultrashort 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 Interval Fund Monthly Interval Fund Series II Direct Growth

The investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and Other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth Overview

Expense ratio0.08%
Benchmark
CRISIL Liquid Debt TR INR
AUM₹4 Cr
Inception Date4 March, 2013
Min Lumpsum/SIP--/--
Exit Load
0.1%
Lock InNo Lock-in
TurnOver
36.03%
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 Risk

Trailing Returns

as on (05-Dec-24)

Period
Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth
Fixed Maturity Short-Term Bond Index
1M
0.5%
-
3M
1.4%
-
6M
2.8%
-
1Y
5.8%
-
3Y
5.6%
-
5Y
4.7%
-

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 3.7 Cr
₹ 3.7 Cr
₹ 3.6 Cr
  • AUM of the fund stands at 3.7 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24

Top Sector in October was Consumer Cyclical

Oct'24
Consumer Cyclical
100%
Sep'24
Consumer Cyclical
100%
  • Returns %

  • Fund Ratios

  • Overview

Loading...
We are taking more time than usual
Vikash Agarwal
Vikash Agarwal
Fund Manager of Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth, since 14 September 2024
Siddharth Deb
Siddharth Deb
Fund Manager of Nippon India Interval Fund Monthly Interval Fund Series II 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 Interval Fund Monthly Interval Fund Series II Direct Growth Highlights

Risk meter
pointer

Low Risk

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

About the fund

This fund has delivered an average annual returns of 6.46% since inception which is more than its category average return of 2.27%
AUM size ₹4 Cr

AUM size ₹4 Cr

This fund has AUM of ₹4 Cr which is less than its category average of ₹ 65 Cr
Expense Ratio 0.08%

Expense Ratio 0.08%

This fund has an expense ratio of 0.08% which is less than its category average expense ratio of 0.12%

Frequently Asked Questions for Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth

The current NAV of Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth is ₹32.65 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.46%
0.46%
6 Month Returns
2.8%
2.8%
1 Year Returns
5.8%
5.8%
3 Years Returns
17.92%
5.65%
5 Years Returns
25.96%
4.72%
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.
0.08% as on November 2024
₹4 Cr as on November 2024
Vikash Agarwal, Siddharth Deb are the fund managers of Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth
The Exit load of Nippon India Interval Fund Monthly Interval Fund Series II Direct Growth is 0.1%