Nippon India Income Fund Direct Growth

Nippon India Income Fund Direct Growth

Get the latest NAV of Nippon India Income Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹100.90

0.1%1D

NAV as on 16 May 2025

8.24%/per year

Since Inception

Absolute Gain%

104 people have invested ₹ 41.2L in Nippon India Income Fund Direct Growth in the last three months

Fund Performance

as on (16-May-25)

Period
This Fund
Medium to Long Duration Index
1 Month
1.22%
1.09%
3 Months
4.2%
3.94%
6 Months
6.18%
5.65%
1 Year
10.83%
10.07%
3 Years
8.99%
8.05%
5 Years
6.79%
6.29%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Nippon India Income Fund
-
428Cr
0.67%
10.83%
8.99%
8.24%
ICICI Prudential Bond Fund Direct Growth
1/5
2,858Cr
0.62%
11.27%
9.12%
8.35%
Kotak Bond Fund Direct Growth
3/5
2,130Cr
0.7%
10.92%
8.83%
8.01%
Aditya Birla Sun Life Income Fund Direct Growth
4/5
2,304Cr
0.74%
10.72%
8.27%
8.09%

Nippon India Income Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

Nippon India Income Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Debt & Cash 99.8%

AAA
100%

Debt allocation has gone down from 80.4% to 78.6%
Debt allocation has gone down from 80.4% to 78.6%
Cash allocation has gone up from 19.4% to 21.1%
Cash allocation has gone up from 19.4% to 21.1%

Nippon India Income Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Debt & Cash 99.8%

Government
87.6%
Cash Equivalent
8.6%
Corporate
3.8%

Top 3 Sectors in April were Financial Services, Government & Corporate

Apr'25

Financial Services

100%

Government

63%

Corporate

21%

Mar'25

Financial Services

100%

Government

65%

Corporate

21%

Nippon India Income Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.67%
Benchmark
NIFTY Medium Long Dur Debt A-III TR INR
AUM₹428 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
216.06%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

About Nippon India Income Fund

Nippon India Income Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vivek Sharma, Kinjal Desai. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Income Fund Direct Growth has ₹428 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Nippon India Income Fund Direct Growth has given a CAGR return of 8.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.83%, 8.99% and 6.79% respectively.

Holdings

Nippon India Income Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.09% Govt Stock 2054, 7.12% State Government Of Maharashtra 2036, 7.1% Govt Stock 2029, Tata Capital Limited

Taxation

As it is a medium to 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:
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.

Investment objective of Nippon India Income Fund Direct Growth

The primary investment objective of the scheme is to generate optimal returns consistent with moderate level 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 Income Fund Direct Growth has no lock in period.

Fund Manager

Vivek Sharma

Fund Manager of Nippon India Income Fund Direct Growth, since 1 February 2020

Kinjal Desai

Fund Manager of Nippon India Income Fund Direct Growth, since 25 May 2018

Learn more about Nippon Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 427.7 Cr
₹ 419.8 Cr
₹ 411.3 Cr
  • AUM of the fund stands at 427.7 Cr as of Apr'25
  • AUM increased by 8 Cr between Apr'25 and Mar'25

Frequently Asked Questions for Nippon India Income Fund Direct Growth

What is the current NAV of Nippon India Income Fund Direct Growth?

The current NAV of Nippon India Income Fund Direct Growth is ₹100.9 as on 16-May-2025.

What are the average returns of Nippon India Income Fund Direct Growth?

Existing (Absolute + CAGR) as on 16-May-2025.
Nippon India Income Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.22%
1.22%
6 Month Returns
6.18%
6.18%
1 Year Returns
10.83%
10.83%
3 Years Returns
29.45%
8.99%

How do I invest in Nippon India Income Fund Direct Growth?

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.

What is the expense ratio of Nippon India Income Fund Direct Growth?

0.67% as on April 2025

What is net assets under management (AUM) of Nippon India Income Fund Direct Growth?

₹428 Cr as on April 2025

What are the top 5 holdings of Nippon India Income Fund Direct Growth?

7.3% Govt Stock 2053(19.91%), 7.09% Govt Stock 2054(18.22%), 7.12% State Government Of Maharashtra 2036(9.63%), 7.1% Govt Stock 2029(6.05%), Tata Capital Limited(5.97%) as on April 2025

What are the top 3 sectors that this Nippon India Income Fund Direct Growth has invested in?

Government(63.39%), Corporate(21.21%), Cash Equivalent(15.41%) as on April 2025

What is the yield to maturity ratio of Nippon India Income Fund Direct Growth?

Yield to Maturity is 7.32 as on April 2025. 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.

What is the modified duration of Nippon India Income Fund Direct Growth?

Modified Duration is 6.53 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of Nippon India Income Fund Direct Growth?

AAA
100

Who is the manager of Nippon India Income Fund Direct Growth?

Vivek Sharma, Kinjal Desai are the fund managers of Nippon India Income Fund Direct Growth

What is the exit load of Nippon India Income Fund Direct Growth?

The Exit load of Nippon India Income Fund Direct Growth is 0.25%