Nippon India Income Fund Regular Growth
DebtMedium to Long DurationModerate Risk
Regular
NAV (05-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹357 Cr
Expense Ratio
1.52%
ISIN
INF204K01CL1
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 1998
About this fund
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹84.71, Assets Under Management (AUM) of 356.91 Crores, and an expense ratio of 1.52%.
- Nippon India Income Fund Regular Growth has given a CAGR return of 8.35% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 94.29% in debts, and 5.48% in cash & cash equivalents.
- You can start investing in Nippon India Income Fund Regular 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
+8.30%
+8.16% (Cat Avg.)
3 Years
+5.46%
+5.72% (Cat Avg.)
5 Years
+5.88%
+5.68% (Cat Avg.)
10 Years
+7.48%
+6.39% (Cat Avg.)
Since Inception
+8.35%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Debt | ₹336.51 Cr | 94.29% |
| Others | ₹20.39 Cr | 5.71% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹106.98 Cr | 29.97% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹97.16 Cr | 27.22% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹45.54 Cr | 12.76% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹25.92 Cr | 7.26% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹25.62 Cr | 7.18% |
| Triparty Repo | Cash - Repurchase Agreement | ₹15.96 Cr | 4.47% |
| 07.03 Goi 2054 | Bond - Gov't/Treasury | ₹15.13 Cr | 4.24% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹15.05 Cr | 4.22% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹5.11 Cr | 1.43% |
| Net Current Assets | Cash | ₹3.3 Cr | 0.93% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹0.85 Cr | 0.24% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.28 Cr | 0.08% |
| 7.26% Govt Stock 2029 | Bond - Gov't/Treasury | ₹0 Cr | 0.00% |
| 08.19 RJ UDAY 2026 | Bond - Gov't Agency Debt | ₹0 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹316.35 Cr | 88.64% |
| Bond - Corporate Bond | ₹20.16 Cr | 5.65% |
| Cash - Repurchase Agreement | ₹15.96 Cr | 4.47% |
| Cash | ₹3.3 Cr | 0.93% |
| Mutual Fund - Open End | ₹0.85 Cr | 0.24% |
| Cash - Collateral | ₹0.28 Cr | 0.08% |
| Bond - Gov't Agency Debt | ₹0 Cr | 0.00% |
Risk & Performance Ratios
Standard Deviation
This fund
2.11%
Cat. avg.
2.63%
Lower the better
Sharpe Ratio
This fund
-0.15
Cat. avg.
-0.13
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.02
Higher the better
Fund Managers
Vivek Sharma
Since February 2020
Kinjal Desai
Since May 2018
Additional Scheme Detailsas of 31st August 2024
ISIN | INF204K01CL1 | Expense Ratio | 1.52% | Exit Load | No Charges | Fund Size | ₹357 Cr | Age | 01 Jan 1998 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Medium to Long Dur Debt 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Bond Fund - Income Plan Regular Growth Moderate Risk | 2.0% | 1.0% | ₹491.99 Cr | 4.0% |
| UTI Bond Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹301.09 Cr | 7.8% |
| HDFC Income Fund Regular Growth Moderate Risk | 1.4% | 0.0% | ₹841.88 Cr | 8.8% |
| Nippon India Income Fund Regular Growth Moderate Risk | 1.5% | 0.0% | ₹356.91 Cr | 8.3% |
| ICICI Prudential Bond Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2937.41 Cr | 8.5% |
| SBI Magnum Income Fund Regular Growth Moderately High risk | 1.5% | 1.0% | ₹1792.09 Cr | 7.9% |
| Canara Robeco Income Fund Regular Growth Moderate Risk | 1.9% | 0.0% | ₹115.65 Cr | 7.7% |
| HSBC Medium to Long Duration Fund Regular Growth Moderate Risk | 1.9% | 0.0% | ₹45.99 Cr | 7.6% |
| Kotak Bond Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹2154.76 Cr | 8.5% |
| JM Medium to Long Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹23.83 Cr | 8.1% |
About the AMC
Total AUM
₹5,54,956 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
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- Vivek Sharma
- Kinjal Desai
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