Nippon India Income Fund Direct Bonus-0.16%

11.54%
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 Ratio0.72%
NAV21.59 (29 Oct 2020)
Fund Started01 Jan 2013
Fund Size425 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Income Fund Direct Bonus
11.5%
9.4%
9.4%
9.2%
Category Average
10.1%
6.8%
7.3%
-
Rank within category
7
2
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 11.5% annual returns

    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 Sec27.8%
    GOISovereignGOI Sec18.0%
    GOISovereignGOI Sec17.3%
    GOISovereignGOI Sec8.2%
    GOISovereignGOI Sec6.4%
    Bharat Sanchar Nigam LtdCommunicationNCD5.9%
    GOISovereignGOI Sec5.8%
    Rajasthan StateOthersSDL0.0%

    Fund Managers

    addPrashant R Pimple
    Education
    Mr. Pimple is a MBA (Finance) and CTM.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
    Funds Managed
    addVivek Sharma
    Education
    Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
    Experience
    He has been associated with Reliance AMC since 2006.
    Funds Managed

    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 ₹425 Cr and the Latest NAV as of 29 Oct 2020 is ₹21.59.

    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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