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

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

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Debt
Direct
Long Duration

NAV: ₹ 14.8 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 500 in mutual fund in the last three months

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
This Fund
1.1%
3.5%
6.4%
6.1%
5.3%
Benchmark
1.1%
2.6%
4.3%
5.6%
4%
About the Fund

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 Kinjal Desai, Pranay Sinha, Akshay Sharma. 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 a NAV of 14.8123 as on 08-02-2023.

2) Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl has 2706 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 0.15 %.

Fund Overview

Expense ratio
Expense ratio
0.15%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹2706 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
3.32%

Fund Distribution as on (31-Dec-22)

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

Sector Allocation

Dec'22

Nov'22

Oct'22

Government

97.2%

Cash Equivalent

2.8%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings11
Holdings
Weight%
Holdings Trend
1M Change
8.13% Govt Stock 2045
8.13% Govt Stock 2045
35.2%
4.3%
8.17% Govt Stock 2044
8.17% Govt Stock 2044
30.98%
0%
7.06% Govt Stock 2046
7.06% Govt Stock 2046
14.84%
2.5%
9.23% Govt Stock 2043
9.23% Govt Stock 2043
9.02%
24.1%
8.3% Govt Stock 2042
8.3% Govt Stock 2042
3.42%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 22.8 Cr in last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 2.6K Cr
Nov'22
₹ 2.6K Cr
Oct'22
₹ 2.3K Cr

Fund Returns vs Benchmark

Jan'23
1.13%
1.30%
Dec'22
-0.46%
-0.57%
Nov'22
2.67%
1.92%
Fund Return
Benchmark Return

Fund Manager

Kinjal Desai

Kinjal Desai

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

Pranay Sinha

Fund Manager of Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl, since 31 March 2021
Akshay Sharma

Akshay Sharma

Fund Manager of Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl, since 1 December 2022

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund 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 9.65% since inception which is more than its category average return of 4.41%
AUM size ₹2706 Cr

AUM size ₹2706 Cr

This fund has AUM of ₹2706 Cr which is more than its category average of ₹ 1025 Cr
Expense Ratio 0.15%

Expense Ratio 0.15%

This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 0.86%

Frequently Asked Questions

The current NAV of Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl is 14.85 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Nippon India Nivesh Lakshya Fund - Direct Plan - Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.43%
1.43%
6 Month Returns
6.51%
6.51%
1 Year Returns
7.71%
7.71%
3 Years Returns
16.97%
5.36%
5 Years Returns
0%
0%
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0.15 as on January 2023
2706 Cr as on January 2023
Yield to Maturity is 7.55 as on January 2023. 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 10.36 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Kinjal Desai,Pranay Sinha,Akshay Sharma 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%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.