Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl

Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl

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Debt
Direct
Long Duration
NAV: ₹ 16.29 as on 19-04-2024
Fund Performance

About the Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl

Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl 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 - 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.
  2. The fund has an expense ratio 0.3.

Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹7417 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 - Payout Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Mar'24

Feb'24

Jan'24

Government
96.1%
Cash Equivalent
3.9%

Top Holdings of Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl as on (31-Mar-24)

  • Debt & Cash

Debt Holdings16
Holdings
Weight%
1M Change
8.17% Govt Stock 2044
8.17% Govt Stock 2044
30.12%
-1.2%
8.13% Govt Stock 2045
8.13% Govt Stock 2045
15.28%
0%
7.06% Govt Stock 2046
7.06% Govt Stock 2046
12.5%
0%
9.23% Govt Stock 2043
9.23% Govt Stock 2043
11.03%
0%
6.99% Govt Stock 2051
6.99% Govt Stock 2051
7.58%
4.6%

Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 7.4K Cr
₹ 7.3K Cr
₹ 7K Cr
  • 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

Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl Fund Manager

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

Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
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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 9.38% since inception which is more than its category average return of 5.6%
AUM size ₹7417 Cr

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%

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 - Payout Inc Dist cum Cap Wdrl is ₹16.29 as on 19-Apr-2024.
Existing (Absolute + CAGR) as on 19-Apr-2024.
Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.42%
-0.42%
6 Month Returns
6.11%
6.11%
1 Year Returns
8.18%
8.18%
3 Years Returns
16.75%
5.3%
5 Years Returns
47.87%
8.14%
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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
Pranay Sinha, Kinjal Desai are the fund managers of Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl is 1%