Nippon India Nivesh Lakshya Fund Direct Growth
Get the latest NAV of Nippon India Nivesh Lakshya 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.
₹18.36
1D
NAV as on 09 May 2025
9.29%/per year
Since Inception
▲▼
436 people have invested ₹ 1.6Cr in Nippon India Nivesh Lakshya Fund Direct Growth in the last three months
Fund Performance
as on (09-May-25)
Peer comparison
Nippon India Nivesh Lakshya Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Nippon India Nivesh Lakshya Fund Asset Allocation
as on (31-Dec-69)
Fund Distribution
as on (31-Dec-69)
Debt & Cash 99.7%
Nippon India Nivesh Lakshya Fund Sector Allocation
as on (31-Dec-69)
Sector Allocation
Debt & Cash 99.7%
Top Sector in March was Government
Government
97%
Government
98%
Nippon India Nivesh Lakshya Fund Holdings Details
as on (30-Apr-25)
Debt & Cash
Nippon India Nivesh Lakshya Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.3% |
Benchmark | CRISIL Long Duration Debt TR INR |
| AUM | ₹9762 Cr |
| Inception Date | 6 July, 2018 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 39% |
| 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 Nivesh Lakshya Fund
Nippon India Nivesh Lakshya Fund Direct Growth 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
- Nippon India Nivesh Lakshya Fund Direct Growth has ₹9762 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Nippon India Nivesh Lakshya Fund Direct Growth has given a CAGR return of 9.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.03%, 10.42% and 6.82% respectively.
Holdings
Nippon India Nivesh Lakshya Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 8.17% Govt Stock 2044, 6.62% Govt Stock 2051, 6.99% Govt Stock 2051, 8.13% Govt Stock 2045, 7.06% Govt Stock 2046
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: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 Nivesh Lakshya Fund Direct Growth
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 Growth has no lock in period.
Fund Manager
Kinjal Desai
Fund Manager of Nippon India Nivesh Lakshya Fund Direct Growth, since 31 July 2018
Pranay Sinha
Fund Manager of Nippon India Nivesh Lakshya Fund Direct Growth, since 31 March 2021
- AUM of the fund stands at 9.7K Cr as of Mar'25
- AUM increased by 170.1 Cr between Mar'25 and Feb'25
Frequently Asked Questions for Nippon India Nivesh Lakshya Fund Direct Growth
What is the current NAV of Nippon India Nivesh Lakshya Fund Direct Growth?
What are the average returns of Nippon India Nivesh Lakshya Fund Direct Growth?
Nippon India Nivesh Lakshya Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.87% | 0.87% |
6 Month Returns | 5.11% | 5.11% |
1 Year Returns | 12.03% | 12.03% |
3 Years Returns | 34.62% | 10.42% |
How do I invest in Nippon India Nivesh Lakshya 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 Nivesh Lakshya Fund Direct Growth?
What is net assets under management (AUM) of Nippon India Nivesh Lakshya Fund Direct Growth?
What are the top 5 holdings of Nippon India Nivesh Lakshya Fund Direct Growth?
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What is the credit rating breakup of Nippon India Nivesh Lakshya Fund Direct Growth?
AAA | 100 |