Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt

Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt is a debt fund. This fund was started on 5 July, 2016. The fund is managed by Pranay Sinha. This fund is suitable to keep your money safe.

1. Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt has ₹2643 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt has given a CAGR return of 7.33% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.42%, 9.75% and 5.99% respectively.

Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 6.79% Govt Stock 2034, 7.1% Govt Stock 2034, 7.18% Govt Stock 2033

As it is a 10 yr government bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 8-13 yr G-Sec Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt has no lock in period.