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Nippon India Income Fund Direct Bonus+0.19%

5.91%
1 Year Return
Debt
Medium to Long Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Income Fund Direct Bonus

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.58%
NAV₹21.34 (02 Mar 2021)
Fund Started01 Jan 2013
Fund Size417 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.9%
10.0%
9.2%
9.1%
Category Average
6.2%
7.3%
7.2%
-
Rank Within Category
11
2
3
-
*All returns are annualized.
SIP
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.9% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec16.6%
GOISovereignGOI Sec15.5%
GOISovereignGOI Sec12.2%
GOISovereignGOI Sec6.5%
Bharat Sanchar Nigam LtdCommunicationNCD6.0%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture6.0%
Food Corporation of IndiaFMCGDebenture6.0%
GOISovereignGOI Sec5.9%
Maharashtra StateOthersSDL4.9%
Maharashtra StateOthersSDL1.7%
See All

Fund Managers

Prashant R Pimple
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Vivek Sharma
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Nippon India Income Fund Direct Bonus Details

Nippon India Income Fund Direct Bonus is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Prashant R.Pimple is the Current Fund Manager of Nippon India Income Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹417 Cr and the Latest NAV as of 02 Mar 2021 is ₹21.34.

The Nippon India Income Fund Direct Bonus is rated Moderate risk. Minimum SIP Investment is set to 100. Exit load of 0.25% if redeemed within 15 days

Investment Objective

The scheme aims to generate capital appreciation of the portfolio and optimal returns consistent with moderate risk. The scheme will predominantly invest in debt instruments, while money market investment can also go up to 50 per cent.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 0.25% if redeemed within 15 days
Exit Load

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About Nippon India Mutual Fund

Address
Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
Phone
022-33031000/30301111
Launch Date
30 Jun 1995
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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