Fund Details
Nippon India Income Fund (Half Yearly)
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.67% |
| NAV | ₹12.43 (12 May 2021) |
|---|---|
| Fund Started | 01 Jan 1998 |
| Fund Size | ₹300 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.67%
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 20.3% |
| GOI | Sovereign | GOI Sec | 12.1% |
| GOI | Sovereign | GOI Sec | 8.7% |
| GOI | Sovereign | GOI Sec | 8.4% |
| Bharat Sanchar Nigam Ltd | Communication | NCD | 8.1% |
| Food Corporation of India | FMCG | Debenture | 8.0% |
| GOI | Sovereign | GOI Sec | 7.8% |
| Maharashtra State | Others | SDL | 6.5% |
| Sundaram Finance Ltd. | Financial | NCD | 1.6% |
| Maharashtra State | Others | SDL | 1.0% |
Fund Managers
Nippon India Income Fund (Half Yearly) Details
Nippon India Income Fund (Half Yearly) is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 1998. Prashant R.Pimple is the Current Fund Manager of Nippon India Income Fund (Half Yearly) fund.The fund currently has an Asset Under Management(AUM) of ₹300 Cr and the Latest NAV as of 12 May 2021 is ₹12.43.
The Nippon India Income Fund (Half Yearly) is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. 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.
