Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl

Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl

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Debt
Direct
Long Duration
NAV: ₹ 12.14 as on 24-05-2024

About the Fund

Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 6 July, 2018. The fund is managed by Kinjal Desai, Pranay Sinha. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl has ₹7592 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance

Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹7592 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
7.13%

Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
97.3%
Cash Equivalent
2.7%

Top Holdings of Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings16
Holdings
Weight%
1M Change
8.17% Govt Stock 2044
8.17% Govt Stock 2044
30.17%
1.2%
8.13% Govt Stock 2045
8.13% Govt Stock 2045
14.9%
0%
7.06% Govt Stock 2046
7.06% Govt Stock 2046
12.12%
0%
9.23% Govt Stock 2043
9.23% Govt Stock 2043
10.81%
0%
6.99% Govt Stock 2051
6.99% Govt Stock 2051
7.95%
8.8%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 7.4K Cr
₹ 7.4K Cr
₹ 7.3K Cr
  • AUM of the fund stands at 7.4K Cr as of Apr'24
  • AUM increased by 15.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl, since 31 July 2018
Pranay Sinha
Pranay Sinha
Fund Manager of Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl, since 31 March 2021

Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk 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 8.14% since inception which is more than its category average return of 6.46%
AUM size ₹7592 Cr

AUM size ₹7592 Cr

This fund has AUM of ₹7592 Cr which is more than its category average of ₹ 2045 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.7%

Frequently Asked Questions

The current NAV of Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl is ₹12.14 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.92%
1.92%
6 Month Returns
6.89%
6.89%
1 Year Returns
6.53%
6.53%
3 Years Returns
18.07%
5.69%
5 Years Returns
40.91%
7.1%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.3% as on April 2024
₹7592 Cr as on April 2024
8.17% Govt Stock 2044(30.17%), 8.13% Govt Stock 2045(14.9%), 7.06% Govt Stock 2046(12.12%), 9.23% Govt Stock 2043(10.81%), 6.99% Govt Stock 2051(7.95%) as on April 2024
Yield to Maturity is 7.4 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 10.26 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Kinjal Desai, Pranay Sinha are the fund managers of Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Nivesh Lakshya Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl is 1%