Nippon India Nivesh Lakshya Fund Direct Growth
DebtLong DurationModerate Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹9,052 Cr
Expense Ratio
0.30%
ISIN
INF204KB1YQ1
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
06 Jul 2018
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹17.39, Assets Under Management (AUM) of 9051.88 Crores, and an expense ratio of 0.3%.
- Nippon India Nivesh Lakshya Fund Direct Growth has given a CAGR return of 9.06% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 96.27% in debts, and 3.50% in cash & cash equivalents.
- You can start investing in Nippon India Nivesh Lakshya 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
+11.57%
+10.12% (Cat Avg.)
3 Years
+6.83%
+6.04% (Cat Avg.)
5 Years
+7.32%
+6.35% (Cat Avg.)
Since Inception
+9.06%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Debt | ₹8,714.42 Cr | 96.27% |
| Others | ₹337.46 Cr | 3.73% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 8.17% Govt Stock 2044 | Bond - Gov't/Treasury | ₹1,640.64 Cr | 18.12% |
| 6.99% Govt Stock 2051 | Bond - Gov't/Treasury | ₹1,243.76 Cr | 13.74% |
| 8.13% Govt Stock 2045 | Bond - Gov't/Treasury | ₹1,149.95 Cr | 12.70% |
| 6.62% Govt Stock 2051 | Bond - Gov't/Treasury | ₹981.13 Cr | 10.84% |
| 7.06% Govt Stock 2046 | Bond - Gov't/Treasury | ₹947.92 Cr | 10.47% |
| 9.23% Govt Stock 2043 | Bond - Gov't/Treasury | ₹840.44 Cr | 9.28% |
| 6.67% Govt Stock 2050 | Bond - Gov't/Treasury | ₹468.59 Cr | 5.18% |
| 7.16% Govt Stock 2050 | Bond - Gov't/Treasury | ₹386.28 Cr | 4.27% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹323.82 Cr | 3.58% |
| 7.72% Govt Stock 2049 | Bond - Gov't/Treasury | ₹238.9 Cr | 2.64% |
| Net Current Assets | Cash | ₹224.24 Cr | 2.48% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹168.48 Cr | 1.86% |
| 7.54% Govt Stock 2036 | Bond - Gov't/Treasury | ₹141.59 Cr | 1.56% |
| Triparty Repo | Cash - Repurchase Agreement | ₹92.72 Cr | 1.02% |
| 6.83% Govt Stock 2039 | Bond - Gov't/Treasury | ₹74.29 Cr | 0.82% |
| 8.3% Govt Stock 2040 | Bond - Gov't/Treasury | ₹33.94 Cr | 0.37% |
| 8.83% Govt Stock 2041 | Bond - Gov't/Treasury | ₹32.94 Cr | 0.36% |
| 8.3% Govt Stock 2042 | Bond - Gov't/Treasury | ₹25.55 Cr | 0.28% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹20.29 Cr | 0.22% |
| 7.69% Govt Stock 2043 | Bond - Gov't/Treasury | ₹16.21 Cr | 0.18% |
| Cash Margin - Ccil | Other Assets And Liabilities | ₹0.21 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹8,714.42 Cr | 96.27% |
| Cash | ₹224.24 Cr | 2.48% |
| Cash - Repurchase Agreement | ₹92.72 Cr | 1.02% |
| Mutual Fund - Open End | ₹20.29 Cr | 0.22% |
| Other Assets And Liabilities | ₹0.21 Cr | 0.00% |
Risk & Performance Ratios
Standard Deviation
This fund
4.21%
Cat. avg.
3.95%
Lower the better
Sharpe Ratio
This fund
0.32
Cat. avg.
0.06
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.12
Higher the better
Fund Managers
Pranay Sinha
Since March 2021
Kinjal Desai
Since July 2018
Additional Scheme Detailsas of 15th November 2024
ISIN INF204KB1YQ1 | Expense Ratio 0.30% | Exit Load 1.00% | Fund Size ₹9,052 Cr | Age 6 years 4 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Long Duration 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:
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 Long Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| BHARAT Bond ETF - April 2032 Moderate Risk | 0.0% | - | ₹10624.07 Cr | 10.1% |
| Aditya Birla Sun Life Long Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹157.16 Cr | 10.7% |
| Aditya Birla Sun Life Long Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹157.16 Cr | 11.4% |
| Kotak Nifty AAA Bond Plus SDL Apr 2031 70:30 ETF Moderate Risk | - | - | - | - |
| ICICI Prudential Long Term Bond Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹1017.95 Cr | 10.4% |
| SBI Long Duration Fund Regular Growth Moderately High risk | 0.7% | 0.0% | ₹2637.50 Cr | 11.5% |
| SBI Long Duration Fund Direct Growth Moderately High risk | 0.2% | 0.0% | ₹2637.50 Cr | 12.0% |
| Axis Long Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹486.90 Cr | 11.5% |
| Axis Long Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹486.90 Cr | 11.1% |
| UTI Long Duration Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹115.52 Cr | 11.5% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,78,235 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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- Pranay Sinha
- Kinjal Desai
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