Nippon India Income Fund Direct Growth
DebtMedium to Long DurationModerate Risk
Direct
NAV (01-Sep-26)
Returns (Since Inception)
Fund Overview
Fund Size
₹351 Cr
Expense Ratio
0.67%
ISIN
INF204K01XS2
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 01-Sep-26, it has a Net Asset Value (NAV) of ₹104.83, Assets Under Management (AUM) of 350.55 Crores, and an expense ratio of 0.67%.
- Nippon India Income Fund Direct Growth has given a CAGR return of 7.73% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 89.94% in debts, and 9.70% in cash & cash equivalents.
- You can start investing in Nippon India Income Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+5.70%
+4.50% (Cat Avg.)
3 Years
+6.76%
+6.39% (Cat Avg.)
5 Years
+6.23%
+5.73% (Cat Avg.)
10 Years
+7.04%
+5.48% (Cat Avg.)
Since Inception
+7.73%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2026
| Debt | ₹315.29 Cr | 89.94% |
| Others | ₹35.25 Cr | 10.06% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Maharashtra State Development Loans | Bond - Gov't/Treasury | ₹50.25 Cr | 14.31% |
| 6.9% Govt Stock 2065 | Bond - Gov't/Treasury | ₹37.21 Cr | 10.60% |
| 7.09% Govt Stock 2054 | Bond - Gov't/Treasury | ₹33.86 Cr | 9.64% |
| 7.6% Uttarpradesh Sgs 2037 | Bond - Gov't/Treasury | ₹30.32 Cr | 8.64% |
| 7.03% Tamilnadu SDL 2030 | Bond - Gov't/Treasury | ₹30.18 Cr | 8.60% |
| Triparty Repo | Cash - Repurchase Agreement | ₹26.37 Cr | 7.51% |
| 7.93% Uttarpradesh Sdl 2030 | Bond - Gov't/Treasury | ₹25.82 Cr | 7.36% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.04 Cr | 7.13% |
| 6.48% Govt Stock 2035 | Bond - Gov't/Treasury | ₹24.57 Cr | 7.00% |
| 6.79% Andhra Sgs 2036 | Bond - Gov't/Treasury | ₹23.88 Cr | 6.80% |
| 7.24% Govt Stock 2055 | Bond - Gov't/Treasury | ₹19.73 Cr | 5.62% |
| Karnataka SDL | Bond - Gov't/Treasury | ₹10.03 Cr | 2.86% |
| Net Current Assets | Cash | ₹7.26 Cr | 2.07% |
| Rec Limited | Bond - Corporate Bond | ₹4.93 Cr | 1.40% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Unspecified | ₹1.25 Cr | 0.36% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹0.42 Cr | 0.12% |
| Interest Rate Swaps Pay Fix Receive Floating (10/03/2027) (Fv 2500 Lacs) | Interest Rate Swap | ₹-0.07 Cr | 0.02% |
| 7.26% Govt Stock 2029 | Bond - Gov't/Treasury | ₹0 Cr | 0.00% |
| Cash | Cash | ₹-0 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹285.85 Cr | 81.43% |
| Bond - Corporate Bond | ₹29.96 Cr | 8.54% |
| Cash - Repurchase Agreement | ₹26.79 Cr | 7.63% |
| Cash | ₹7.26 Cr | 2.07% |
| Mutual Fund - Unspecified | ₹1.25 Cr | 0.36% |
| Interest Rate Swap | ₹-0.07 Cr | 0.02% |
Risk & Performance Ratios
Standard Deviation
This fund
2.82%
Cat. avg.
2.65%
Lower the better
Sharpe Ratio
This fund
0.14
Cat. avg.
0.09
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.18
Higher the better
Fund Managers
Additional Scheme Detailsas of 15th August 2026
ISIN INF204K01XS2 | Expense Ratio 0.67% | Exit Load No Charges | Fund Size ₹351 Cr | Age 13 years 8 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Medium Long Dur Debt A-III TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Medium to Long Duration Funds
About the AMC
Nippon India Mutual Fund
Total AUM
₹8,00,996 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
Take control of your wealth
Related Articles
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What is the current NAV of Nippon India Income Fund Direct Growth?
What are the returns of Nippon India Income Fund Direct Growth?
What is the portfolio composition of Nippon India Income Fund Direct Growth?
Who manages the Nippon India Income Fund Direct Growth?
- Vivek Sharma
- Kinjal Desai
- Amber Singhania
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