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

Debt
Direct
Long Duration
Nippon India Nivesh Lakshya Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl

About the Fund

Nippon India Nivesh Lakshya Fund - Direct Plan - Quarterly 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

  1. Nippon India Nivesh Lakshya Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl has ₹7844 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.

Returns

Nippon India Nivesh Lakshya Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl has given a CAGR return of 7.68% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.55%, 6.27% and 5.30% respectively.

Holdings

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

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 Plan - Quarterly Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 5K in Nippon India Nivesh Lakshya Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.3%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹7844 Cr
Inception Date6 July, 2018
Min Lumpsum/SIP₹5000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
7.13%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Government
98.1%
Cash Equivalent
1.9%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
8.17% Govt Stock 2044
8.17% Govt Stock 2044
29.64%
0%
8.13% Govt Stock 2045
8.13% Govt Stock 2045
14.53%
0%
7.06% Govt Stock 2046
7.06% Govt Stock 2046
12.38%
4.3%
9.23% Govt Stock 2043
9.23% Govt Stock 2043
10.55%
0%
6.99% Govt Stock 2051
6.99% Govt Stock 2051
8.91%
0%

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

Nippon India Nivesh Lakshya Fund - Direct Plan - Quarterly Payout 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 7.68% since inception which is more than its category average return of 7.43%
AUM size ₹7844 Cr

AUM size ₹7844 Cr

This fund has AUM of ₹7844 Cr which is more than its category average of ₹ 2151 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 - Quarterly Payout Inc Dist cum Cap Wdrl is ₹11.47 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Nippon India Nivesh Lakshya Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-1.05%
-1.05%
6 Month Returns
4.13%
4.13%
1 Year Returns
6.55%
6.55%
3 Years Returns
20.02%
6.27%
5 Years Returns
29.49%
5.3%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.3% as on June 2024
₹7844 Cr as on June 2024
8.17% Govt Stock 2044(29.64%), 8.13% Govt Stock 2045(14.53%), 7.06% Govt Stock 2046(12.38%), 9.23% Govt Stock 2043(10.55%), 6.99% Govt Stock 2051(8.91%) as on June 2024
Yield to Maturity is 7.22 as on June 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 10.23 as on June 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 - Quarterly Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Nivesh Lakshya Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl is 1%