Debt
Direct
Fixed Maturity Ultrashort Bond
NAV as on 02-12-2024
₹ 20.47
Inception Returns
6.6%
/yr
Nippon India Interval Fund Quarterly Interval Fund Series III Direct Growth is a debt fund. This fund was started on 7 March, 2013. The fund is managed by Vikash Agarwal, Siddharth Deb. This fund is suitable to keep your money safe.
Nippon India Interval Fund Quarterly Interval Fund Series III Direct Growth has given a CAGR return of 6.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.41%, 6.28% and 4.99% respectively.
Nippon India Interval Fund Quarterly Interval Fund Series III Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services. Its top holdings are
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.
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 for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Nippon India Interval Fund Quarterly Interval Fund Series III Direct Growth has no lock in period.
Expense ratio | 0.09% |
Benchmark | CRISIL Liquid Debt TR INR |
AUM | ₹3 Cr |
Inception Date | 7 March, 2013 |
Min Lumpsum/SIP | --/-- |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 14.31% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Low Risk |
as on (02-Dec-24)
as on (31-Dec-69)
Top Sector in October was Financial Services
Nippon India Interval Fund Quarterly Interval Fund Series III Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 2.84% | 2.84% |
1 Year Returns | 6.41% | 6.41% |
3 Years Returns | 20.06% | 6.28% |
5 Years Returns | 27.55% | 4.99% |