Nippon India Income Fund Direct Dividend Monthly-0.85%

5Groww
12.53%
1 Year Return
Debt
Medium to Long Duration
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Income Fund Direct Dividend Monthly

RiskModerate
Min SIP Amount₹100
Expense Ratio0.87%
NAV11.06 (05 Dec 2019)
Fund Started01 Jan 2013
Fund Size270 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Income Fund Direct Dividend Monthly
12.5%
6.2%
8.6%
8.8%
Category Average
9.7%
5.7%
7.8%
-
Rank within category
1
5
3
-
*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 12.5% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec32.8%
    GOISovereignGOI Sec29.2%
    GOISovereignGOI Sec28.9%
    Rajasthan StateOthersSDL0.0%
    See All

    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

    Other Details

    Nippon India Income Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Prashant R.Pimple is the Current Fund Manager of Nippon India Income Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹270 Cr and the Latest NAV as of 05 Dec 2019 is ₹11.06.

    The Nippon India Income Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 25000. Exit load of 0.25% if redeemed within 15 days.

    Investment Objective

    Aims to generate optimal returns consistent with moderate level of risk by investing in Debt and Money Market Instruments.

    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)

    ₹25000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 0.25% if redeemed within 15 days
    Exit Load

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    About Reliance 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
    29 Jun 1995
    Reliance Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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