Nippon India Nivesh Lakshya Fund - Direct Plan - Growth
Nippon India Nivesh Lakshya Fund - Direct Plan - Growth

Nippon India Nivesh Lakshya Fund - Direct Plan - Growth

Debt
Direct
Long Duration

NAV: ₹ 14.3 as on 30-09-2022

Fund Performance
zero opening, trading, fund transfer fee
117 people have invested ₹ 8.7L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
-0.5%
3.4%
-0%
0.2%
5.8%
Benchmark
-0.6%
2.6%
-0.1%
0.4%
4.6%
About the Fund

Nippon India Nivesh Lakshya Fund - Direct Plan - Growth is a debt fund. This fund was started on  6 July, 2018. The fund is managed by Pranay Sinha, Kinjal Desai. This fund is suitable to keep your money safe.

Key parameters

1) Nippon India Nivesh Lakshya Fund - Direct Plan - Growth has a NAV of 14.2569 as on 30-09-2022.

2) Nippon India Nivesh Lakshya Fund - Direct Plan - Growth has 2094 Cr worth of assets under management (AUM) as on 31-08-2022 and is more than category average.

3) The fund has an expense ratio 0.22 %.

Fund Overview

Expense ratio
Expense ratio
0.22%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹2094 Cr
Inception Date
Inception Date
6 July, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
6.72%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Aug'22

Jul'22

Jun'22

Government

96.2%

Cash Equivalent

3.8%

Top Holdings

  • All
  • Debt & Cash
Total Holdings9
Debt Holdings9
Holdings
Weight%
Holdings Trend
1M Change
icon
8.17% Govt Stock 2044
39.42%
4.7%
icon
8.1300000000000008% Govt Stock 2045
35.88%
0%
icon
7.06% Govt Stock 2046
17.98%
0.1%
icon
Triparty Repo
2.35%
0%
icon
9.23% Govt Stock 2043
1.96%
100%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 79.3 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 2.1K Cr
Jul'22
₹ 2K Cr
Jun'22
₹ 1.9K Cr

Fund Returns vs Benchmark

Aug'22
1.13%
1.30%
Jul'22
1.13%
1.30%
Jun'22
0.15%
0.32%
Fund Return
Benchmark Return

Fund Manager

Pranay Sinha

Pranay Sinha

Managing this fund since 31 March 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Dynamic Bond Fund - Direct Plan - Growth Option
5.59%
5.06%
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth
12.13%
--
Nippon India Banking & PSU Debt Fund Direct Growth
6.62%
5.49%
Kinjal Desai

Kinjal Desai

Managing this fund since 31 July 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Small Cap Fund - Direct Plan - Growth Plan
35.32%
30.04%
Nippon India Growth Fund - Direct Plan - Growth
26.32%
22.92%
Nippon India Liquid Fund Direct Plan Growth Plan
4.13%
3.25%

AMC details

Address
null
Phone
022-68087000/18602660111
Fund House
Nippon Life India Asset Management Ltd

Fund Highlights

meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 8.73% since inception which is more than its category average return of 4.36%
AUM size ₹2094 Cr

AUM size ₹2094 Cr

This fund has AUM of ₹2094 Cr which is more than its category average of ₹ 1313 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.76%

Frequently Asked Questions

The current NAV of Nippon India Nivesh Lakshya Fund - Direct Plan - Growth is 14.21.
Existing (Absolute + CAGR)
Nippon India Nivesh Lakshya Fund - Direct Plan - Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.29%
-0.29%
6 Month Returns
0.22%
0.22%
1 Year Returns
-0.07%
-0.07%
3 Years Returns
18.6%
5.85%
5 Years Returns
0%
0%
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.
0.22 as on September 2022
2094 Cr as on September 2022
7.53
10.51
AAA
100
Pranay Sinha,Kinjal Desai are the fund managers of Nippon India Nivesh Lakshya Fund - Direct Plan - Growth
The Exit load of Nippon India Nivesh Lakshya Fund - Direct Plan - Growth is 1%