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Fund Overview

Fund Size

Fund Size

₹324 Cr

Expense Ratio

Expense Ratio

0.67%

ISIN

ISIN

INF204K01XS2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Nippon India Income Fund Direct Growth is a Medium to Long Duration mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 5 months and 11 days, having been launched on 01-Jan-13.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹91.63, Assets Under Management (AUM) of 324.28 Crores, and an expense ratio of 0.67%.
  • Nippon India Income Fund Direct Growth has given a CAGR return of 8.03% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 93.30% in debts, and 6.49% 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

+7.31%

+5.40% (Cat Avg.)

3 Years

+6.00%

+4.92% (Cat Avg.)

5 Years

+7.32%

+5.72% (Cat Avg.)

10 Years

+8.20%

+6.03% (Cat Avg.)

Since Inception

+8.03%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Debt302.55 Cr93.30%
Others21.73 Cr6.70%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.18% Govt Stock 2037Bond - Gov't/Treasury100.92 Cr31.12%
7.18% Govt Stock 2033Bond - Gov't/Treasury75.67 Cr23.34%
7.1% Govt Stock 2029Bond - Gov't/Treasury45.08 Cr13.90%
7.3% Govt Stock 2053Bond - Gov't/Treasury25.5 Cr7.86%
7.1% Govt Stock 2034Bond - Gov't/Treasury25.2 Cr7.77%
LIC Housing Finance LtdBond - Corporate Bond14.99 Cr4.62%
Triparty RepoCash - Repurchase Agreement14.23 Cr4.39%
7.32% Govt Stock 2030Bond - Gov't/Treasury10.13 Cr3.13%
Net Current AssetsCash6.69 Cr2.06%
Indian Railway Finance Corporation LimitedBond - Corporate Bond5.06 Cr1.56%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End0.68 Cr0.21%
Cash Margin - CcilCash - Collateral0.13 Cr0.04%
7.26% Govt Stock 2029Bond - Gov't/Treasury0 Cr0.00%
08.19 RJ UDAY 2026Bond - Gov't Agency Debt0 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Gov't/Treasury282.5 Cr87.12%
Bond - Corporate Bond20.05 Cr6.18%
Cash - Repurchase Agreement14.23 Cr4.39%
Cash6.69 Cr2.06%
Mutual Fund - Open End0.68 Cr0.21%
Cash - Collateral0.13 Cr0.04%
Bond - Gov't Agency Debt0 Cr0.00%

Risk & Performance Ratios

Standard Deviation

This fund

2.11%

Cat. avg.

2.72%

Lower the better

Sharpe Ratio

This fund

0.25

Cat. avg.

-0.25

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.12

Higher the better

Fund Managers

Vivek Sharma

Vivek Sharma

Since February 2020

KD

Kinjal Desai

Since May 2018

Additional Scheme Detailsas of 31st May 2024

ISININF204K01XS2Expense Ratio0.67%Exit LoadNo ChargesFund Size₹324 CrAge01 Jan 2013Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Medium to Long Dur Debt TR INR

Investment ObjectiveInvestment 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

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Bond Fund - Income Plan Regular Growth

Moderate Risk

2.0%1.0%₹491.18 Cr4.0%
UTI Bond Fund Regular Growth

Moderate Risk

1.6%0.0%₹297.39 Cr5.9%
HDFC Income Fund Regular Growth

Moderate Risk

1.4%0.0%₹754.30 Cr6.6%
Nippon India Income Fund Regular Growth

Moderate Risk

1.5%0.0%₹324.28 Cr6.4%
ICICI Prudential Bond Fund Regular Growth

Moderate Risk

1.0%0.0%₹2957.93 Cr7.2%
SBI Magnum Income Fund Regular Growth

Moderately High risk

1.5%1.0%₹1754.62 Cr6.5%
Canara Robeco Income Fund Regular Growth

Moderate Risk

1.9%0.0%₹122.15 Cr5.6%
HSBC Medium to Long Duration Fund Regular Growth

Moderate Risk

1.9%0.0%₹45.99 Cr5.7%
Kotak Bond Fund Regular Growth

Moderate Risk

1.6%0.0%₹1903.40 Cr6.8%
JM Medium to Long Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹22.87 Cr6.1%

About the AMC

Total AUM

₹4,73,879 Cr

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013

Other Funds by Nippon India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Nippon India Fixed Maturity Plan - XLVI - Series 1 - 92 Days Direct Growth

Moderately High risk

-0.0%--
Nippon India Innovation Fund Direct Growth

Very High Risk

0.8%1.0%₹1454.62 Cr-
Nippon India Fixed Horizon Fund XLII Series 1 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLII Series 7 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 6 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 5 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 7 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 4 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Quarterly Series I Direct Growth

Low Risk

-0.0%₹52.30 Cr7.0%
Nippon India Fixed Horizon Fund XXXX Series 10 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Low to Moderate Risk

---7.1%
Nippon India Fixed Horizon Fund XLIV Series 3 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Annual Series I Direct Growth

Low Risk

-0.0%₹16.55 Cr7.2%
Nippon India Fixed Horizon Fund XLIV Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 1 Direct Growth

Low to Moderate Risk

-0.0%₹186.11 Cr7.3%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Moderate Risk

-0.0%-7.3%
Nippon India Fixed Horizon Fund - XLIII - Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLIII Series 5 Direct Growth

Moderate Risk

-0.0%₹161.40 Cr7.2%
Nippon India Fixed Horizon Fund XXXIX Series 12 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 2 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 3 Direct Growth

Moderate Risk

-0.0%--
Nippon India Capital Protection Oriented Fund II Plan A Direct Growth

Low Risk

--₹40.32 Cr9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth

Low Risk

-0.0%₹4.97 Cr7.1%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Quarterly Series II Direct Growth

Moderate Risk

-0.0%₹58.13 Cr7.4%
Nippon India Fixed Horizon Fund XXXX Series 18 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Monthly Series II Direct Growth

Low Risk

-0.0%₹3.78 Cr6.3%
Nippon India Fixed Horizon Fund XXXX Sr 20 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XXXX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLV - Series 4 Direct Growth

Low to Moderate Risk

-0.0%-7.1%
Nippon India Fixed Horizon Fund XLI Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth

Moderate Risk

-0.0%₹59.65 Cr7.4%
Nippon India Interval Fund Monthly Series I Direct Growth

Low Risk

-0.0%₹3.16 Cr6.3%
Nippon India Fixed Horizon Fund - XLV - Series 5 Direct Growth

Moderately High risk

-0.0%-9.0%
Nippon India Fixed Horizon Fund XXXIX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 2 Direct Growth

Moderate Risk

----
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹247.60 Cr7.2%
Nippon India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹15157.75 Cr8.5%
Nippon India Gilt Securities Fund Direct Growth

Moderate Risk

0.5%0.0%₹1864.74 Cr7.8%
Nippon India Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹5462.71 Cr25.6%
Nippon India Power & Infra Fund Direct Growth

Very High Risk

1.2%1.0%₹5697.01 Cr79.5%
Nippon India Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹4606.22 Cr6.9%
Nippon India Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹27931.43 Cr60.7%
Nippon India Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹31963.02 Cr54.1%
Nippon India Gold Savings Fund Direct Growth

High Risk

0.9%1.0%₹1877.33 Cr18.4%
Nippon India Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹7955.53 Cr7.6%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Nippon India Income Fund Direct Growth, as of 11-Jun-2024, is ₹91.63.
The fund has generated 7.31% over the last 1 year and 6.00% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 93.30% in bonds, and 6.49% in cash and cash equivalents.
The fund managers responsible for Nippon India Income Fund Direct Growth are:-
  1. Vivek Sharma
  2. Kinjal Desai