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
NAV as on 19 May 2025
8.24%/per year
Since Inception
▲▼
109 people have invested ₹ 41.3L in Nippon India Income Fund Direct Growth in the last three months
Fund Performance
as on (19-May-25)
Peer comparison
Nippon India Income Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
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%
Nippon India Income Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Debt & Cash 99.8%
Top 3 Sectors in April were Financial Services, Government & Corporate
Financial Services
100%
Government
63%
Corporate
21%
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 ratio | 0.67% |
Benchmark | NIFTY Medium Long Dur Debt A-III TR INR |
| AUM | ₹428 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 216.06% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   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
- 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.
- 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 10.93%, 8.96% and 6.76% 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
- AUM of the fund stands at 427.7 Cr as of Apr'25
- AUM increased by 8 Cr between Apr'25 and Mar'25
More funds from Nippon
Frequently Asked Questions for Nippon India Income Fund Direct Growth
What is the current NAV of Nippon India Income Fund Direct Growth?
What are the average returns of Nippon India Income Fund Direct Growth?
Nippon India Income Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.16% | 1.16% |
6 Month Returns | 6.02% | 6.02% |
1 Year Returns | 10.93% | 10.93% |
3 Years Returns | 29.37% | 8.96% |
How do I invest in Nippon India Income Fund Direct Growth?
- 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?
What is net assets under management (AUM) of Nippon India Income Fund Direct Growth?
What are the top 5 holdings of Nippon India Income Fund Direct Growth?
What are the top 3 sectors that this Nippon India Income Fund Direct Growth has invested in?
What is the yield to maturity ratio of Nippon India Income Fund Direct Growth?
What is the modified duration of Nippon India Income Fund Direct Growth?
What is the credit rating breakup of Nippon India Income Fund Direct Growth?
AAA | 100 |