Nippon India Nivesh Lakshya Fund Direct Growth-0.03%

3
11.02%
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%
NAV13.86 (14 Jul 2020)
Fund Started06 Jul 2018
Fund Size1,365 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Nivesh Lakshya Fund Direct Growth
11.0%
NA
NA
17.5%
Category Average
13.5%
8.5%
9.9%
-
Rank within category
1
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 11.0% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.21%
    3. 1Y Returns are higher than the category average returns
    Cons
    1. Age is less than 3 years

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec37.1%
    GOISovereignCGL31.6%
    GOISovereignCGL26.9%

    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
    addKinjal Desai
    Education
    Ms. Desai is MSc(Economics)
    Experience
    Associate Equity Investments at RNAM Assisting lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in Stock Selection and monitoring of overseas investments.
    Funds Managed
    addHardik 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 ₹1,365 Cr and the Latest NAV as of 14 Jul 2020 is ₹13.86.

    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 primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & 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)

    ₹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
    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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