Nippon India Income Fund ( Quarterly)+0.02%

4
11.59%
1 Year Return
Debt
Medium to Long Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Income Fund ( Quarterly)

RiskModerate
Min SIP Amount₹100
Expense Ratio1.75%
NAV13.34 (09 Jul 2020)
Fund Started01 Jan 1998
Fund Size420 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Income Fund ( Quarterly)
11.6%
8.5%
9.1%
9.0%
Category Average
9.9%
5.9%
7.5%
-
Rank within category
3
2
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 11.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. 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 is higher compared to the benchmark
    3. Higher expense ratio

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec28.3%
    GOISovereignGOI Sec12.8%
    GOISovereignGOI Sec12.3%
    Reliance Industries Ltd.EnergyNCD6.5%
    Power Finance Corpn. Ltd.FinancialNCD6.0%
    REC Ltd.FinancialDebenture5.9%
    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 ( Quarterly) Details

    Nippon India Income Fund ( Quarterly) 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 ( Quarterly) fund.The fund currently has an Asset Under Management(AUM) of ₹420 Cr and the Latest NAV as of 09 Jul 2020 is ₹13.34.

    The Nippon India Income Fund ( Quarterly) is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 10000. 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)

    ₹10000
    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 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
    Reliance 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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