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Nippon India Income Fund Direct IDCW Monthly

Debt
Medium to Long Duration
Low to Moderate Risk
Payout
8.75%
3Y annualised
+0.06% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Jan 2022₹11.27
Min. SIP amount₹100
Rating3
Fund size₹259.33Cr

Returns and rankings

Category: Debt Medium to Long Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.6%8.8%7.0%8.3%
Category average3.0%7.4%6.6%NA
Rank with in category1046NA
Understand terms

Holdings (5)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec30.2%
GOI
SovereignGOI FRB21.2%
GOI
SovereignGOI Sec18.8%
CommunicationNCD8.0%
GOI
SovereignGOI Sec0.1%

Pros and cons

Category: Debt Medium to Long Duration

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 1.03 The fund has generated returns higher than benchmark - NIFTY Medium to Long Duration Debt - in the last 3Y
Lower expense ratio: 0.58%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 259Cr. Funds with lower AUM tend to have higher expense ratio
1Y annualised returns lower than category average by 1.06%

Expense ratio, exit load and tax

Expense ratio: 0.58%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 15 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹25,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Vivek Sharma
Feb 2020 - Present
View details

Fund house & investment objective

Fund house contact details

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