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Nippon India Income Fund (Growth)

Debt
Medium to Long Duration
Moderate Risk
1.79%
1Y return
-0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹71.30
Min. SIP Amount₹100
Rating3star
Fund Size₹285.25 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Medium to Long Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.8%9.0%7.1%8.7%
Category average3.0%7.4%6.6%NA
Rank with in category1246NA
Understand termsinfo

Holdings (11)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec13.4%
GOI
SovereignGOI Sec12.9%
Madhya Pradesh State
OthersSDL9.5%
GOI
SovereignGOI Sec9.3%
GOI
SovereignGOI Sec9.1%
Bharat Sanchar Nigam Ltd
CommunicationNCD8.7%
Food Corporation of IndiaFMCGDebenture8.6%
Maharashtra State
OthersSDL5.7%
Maharashtra State
OthersSDL5.2%
GOI
SovereignGOI Sec5.0%
See All

Pros and cons

Category: Debt Medium to Long Duration

Pros

  • Age is more than 10 years
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • 10Y Returns are higher than the category average returns

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • Higher expense ratio - 1.89%
  • 1Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 1.89%

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 termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹100

Fund management

Prashant R Pimple
Oct 2008 - Present
View Details
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Vivek Sharma
Feb 2020 - Present
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Fund house & investment objective

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Fund house contact details

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