6M
1Y
3Y
All
Fund Details
Nippon India Nivesh Lakshya Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.25% |
| NAV | ₹13.69 (22 Jul 2021) |
|---|---|
| Fund Started | 06 Jul 2018 |
| Fund Size | ₹1,789 Cr |
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
-1.5%
10.9%
-
12.7%
Category Average
2.9%
9.3%
8.1%
-
Rank Within Category
3
1
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount₹100
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
₹0
with -1.5% returns per annum
Comparison
Data not available
Pros
1. Lower expense ratio - 0.25%
2. 3Y Returns are higher than the category average returns
Cons
1. Age is less than 3 years
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 41.0% |
| GOI | Sovereign | CGL | 33.8% |
| GOI | Sovereign | CGL | 20.8% |
| GOI | Sovereign | CGL | 1.6% |
Fund Managers
Prashant R Pimple
Education
Mr. Pimple is a MBA (Finance) and CTM.
Experience
Prior to joining Nippon India Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
Funds Managed
Pranay Sinha
Education
Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.
Experience
Prior to joining Nippon India Mutual Fund, he has worked with ABSLAMC, BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).
Funds Managed
Kinjal Desai
Education
Ms. Desai is MSc(Economics)
Experience
Associate Equity Investements at NAM India Assisting Lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in stock selection and monitoring of overseas investments.
Funds Managed
Hardik Shah
Education
Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Quantum Asset Management Company and ICAP India (P) Ltd.
Funds Managed
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 ₹1,789 Cr and the Latest NAV as of 22 Jul 2021 is ₹13.69.
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 20%, 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 20%, 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
E-mail
[email protected]Website
NANippon 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,
Email
[email protected]Website
www.karvymfs.com
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