Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl
Debt
Direct
Long Duration
NAV: ₹ 11.66 as on 18-04-2024
Fund Performance
About the Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl
Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout 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
- Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl has ₹7417 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.
Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl Overview
 | 0.3% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹7417 Cr |
 | 6 July, 2018 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 7.13% |
Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
96.1%
Cash Equivalent
3.9%
Top Holdings of Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl as on (31-Mar-24)
Debt Holdings16
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 8.17% Govt Stock 2044 | 30.12% | -1.2% | |
8.13% Govt Stock 2045 | 15.28% | 0% | |
7.06% Govt Stock 2046 | 12.5% | 0% | |
9.23% Govt Stock 2043 | 11.03% | 0% | |
6.99% Govt Stock 2051 | 7.58% | 4.6% |
See all
Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 7.4K Cr as of Mar'24
- AUM increased by 158.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl Fund Manager
Kinjal Desai
Fund Manager of Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl, since 31 July 2018
Top funds managed
Pranay Sinha
Fund Manager of Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl, since 31 March 2021
Top funds managed
Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.73% since inception which is more than its category average return of 5.57%
AUM size ₹7417 Cr
This fund has AUM of ₹7417 Cr which is more than its category average of ₹ 1983 Cr
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 - Monthly Payout Inc Dist cum Cap Wdrl is ₹11.66 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -0.63% | -0.63% |
6 Month Returns | 5.97% | 5.97% |
1 Year Returns | 8.1% | 8.1% |
3 Years Returns | 16.41% | 5.19% |
5 Years Returns | 43.41% | 7.48% |
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.3% as on March 2024
₹7417 Cr as on March 2024
8.17% Govt Stock 2044(30.12%), 8.13% Govt Stock 2045(15.28%), 7.06% Govt Stock 2046(12.5%), 9.23% Govt Stock 2043(11.03%), 6.99% Govt Stock 2051(7.58%) as on March 2024
Yield to Maturity is 7.26 as on March 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 10.31 as on March 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 - Monthly Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Nivesh Lakshya Fund - Direct Plan - Monthly Payout Inc Dist cum Cap Wdrl is 1%