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Nippon India Nivesh Lakshya Fund Direct Growth-0.17%

14.33%
1 Year Return
Debt
Long Duration
3.0star
6M
1Y
All

Fund Details

Nippon India Nivesh Lakshya Fund Direct Growth

RiskModerate
Min SIP Amount₹100
Expense Ratio0.22%
NAV₹14.12 (15 Jan 2021)
Fund Started06 Jul 2018
Fund Size1,687 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
14.3%
-
-
14.8%
Category Average
13.0%
9.7%
9.9%
-
Rank Within Category
1
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Would have become
0
with 14.3% returns per annum

Comparison

Data not available
Pros
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.22%
3. 1Y Returns are higher than the category average returns
Cons
1. Age is less than 3 years

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec41.6%
GOISovereignCGL34.3%
GOISovereignCGL20.0%

Fund Managers

Prashant R Pimple
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Kinjal Desai
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Hardik Shah
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Nippon India Nivesh Lakshya Fund Direct Growth Details

Nippon India Nivesh Lakshya Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 06 Jul 2018. Prashant R.Pimple, Kinjal Desai is the Current Fund Manager of Nippon India Nivesh Lakshya Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,687 Cr and the Latest NAV as of 15 Jan 2021 is ₹14.12.

The Nippon India Nivesh Lakshya Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. For units above 10%, 1% will be charged if redeemed within 36 months.

Investment Objective

The scheme seeks to generate optimal returns consistent with moderate levels of risk.This income may be complemented by capital appreciation of the portfolio.

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
For units above 10%, 1% will be charged if redeemed within 36 months.
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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