Debt
Direct
Index Funds - Fixed Income
NAV as on 04-10-2024
₹ 11.41
1D
Inception Returns
8.7%
/yr
Nippon India Nifty G Sec Oct 2028 Maturity Index Fund Direct Growth is a debt fund. This fund was started on 6 March, 2023. The fund is managed by Siddharth Deb, Vivek Sharma. This fund is suitable to keep your money safe.
Nippon India Nifty G Sec Oct 2028 Maturity Index Fund Direct Growth has given a CAGR return of 8.68% since inception. Over the last 1 year the fund has given a CAGR return of 8.83%.
Nippon India Nifty G Sec Oct 2028 Maturity Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.17% Govt Stock 2028, 7.37% Govt Stock 2028, 7.06% Govt Stock 2028
As it is a index funds - fixed income 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 provide investment returns corresponding to the total returns of the securities as represented by the Nifty G-Sec Oct 2028 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Nippon India Nifty G Sec Oct 2028 Maturity Index Fund Direct Growth has no lock in period.
Expense ratio | 0.2% |
Benchmark | Nifty G-Sec Oct 2028 |
AUM | ₹116 Cr |
Inception Date | 6 March, 2023 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 37.12% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (04-Oct-24)
as on (31-Dec-69)
Top Sector in August was Government
Nippon India Nifty G Sec Oct 2028 Maturity Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 4.51% | 4.51% |
1 Year Returns | 8.83% | 8.83% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
AAA | 100 |