Nippon India Nivesh Lakshya Fund Direct Growth
About the Fund
Nippon India Nivesh Lakshya Fund Direct 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
- Nippon India Nivesh Lakshya Fund Direct Growth has ₹7906 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Nippon India Nivesh Lakshya Fund Direct Growth has given a CAGR return of 9.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.07%, 7.38% and 6.52% respectively.
Holdings
Nippon India Nivesh Lakshya Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 8.17% Govt Stock 2044, 8.13% Govt Stock 2045, 7.06% Govt Stock 2046, 9.23% Govt Stock 2043, 6.99% Govt Stock 2051
Taxation
As it is a long duration 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 Nivesh Lakshya Fund Direct Growth
The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Nivesh Lakshya Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.3% |
Benchmark | CRISIL Composite Bond Fund TR INR |
| AUM | ₹7906 Cr |
| Inception Date | 6 July, 2018 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 7.13% |
| Risk |   Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 8.17% Govt Stock 2044 | 29.46% | 0% | |
8.13% Govt Stock 2045 | 14.42% | 0% | |
7.06% Govt Stock 2046 | 12.28% | 4.3% | |
9.23% Govt Stock 2043 | 10.52% | 0% | |
6.99% Govt Stock 2051 | 8.84% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Nippon India Nivesh Lakshya Fund Direct Growth | 9.1% | 7.4% | 6.5% | 9.1% |
 ICICI Prudential Long Term Bond Fund Direct Plan Growth | 8.2% | 5.7% | 5.9% | 8.1% |
 BHARAT Bond FOF April 2031 Direct Growth | 8% | 6.1% | - | 5.6% |
Mutual Fund Insights
Nippon India Nivesh Lakshya Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹7906 Cr
Expense Ratio 0.3%
Frequently Asked Questions
Nippon India Nivesh Lakshya Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 6.54% | 6.54% |
1 Year Returns | 9.07% | 9.07% |
3 Years Returns | 23.82% | 7.38% |
5 Years Returns | 37.11% | 6.52% |
- 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.
AAA | 100 |