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Nippon India Income Fund (Growth)-0.03%

10.23%
1 Year Return
Debt
Medium to Long Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Income Fund (Growth)

RiskModerate
Min SIP Amount₹100
Expense Ratio1.73%
NAV₹71.12 (21 Jan 2021)
Fund Started01 Jan 1998
Fund Size422 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
10.2%
9.3%
8.7%
8.2%
Category Average
9.9%
7.4%
7.5%
-
Rank Within Category
7
2
3
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 10.2% returns per annum

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
5. Age is more than 10 years
6. 1Y Returns are higher than the category average returns
7. 3Y Returns are higher than the category average returns
8. 5Y Returns are higher than the category average returns
9. 10Y Returns are higher than the category average returns
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
4. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
5. Higher expense ratio - 1.76%

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec16.5%
GOISovereignGOI Sec15.5%
GOISovereignGOI Sec12.1%
GOISovereignGOI Sec6.5%
Bharat Sanchar Nigam LtdCommunicationNCD6.0%
Food Corporation of IndiaFMCGDebenture5.9%
GOISovereignGOI Sec5.9%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture5.9%
GOISovereignGOI Sec5.9%
Maharashtra StateOthersSDL4.8%
See All

Fund Managers

Prashant R Pimple
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Vivek Sharma
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Nippon India Income Fund (Growth) Details

Nippon India Income Fund (Growth) 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 (Growth) fund.The fund currently has an Asset Under Management(AUM) of ₹422 Cr and the Latest NAV as of 21 Jan 2021 is ₹71.12.

The Nippon India Income Fund (Growth) 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.

Scheme Information Document(SID)

₹5000
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
Nippon India 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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