Overview
Nippon India Income Fund Direct Growth
Nippon India Mutual Fund
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.
Investments in Nippon India Income Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 100.0327
Fund Size (AUM)
₹419.76 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹100
Launch Date
31-Dec-2012
Expense Ratio
0.67%
Exit Load
Exit load of 0.25% if redeemed within 15 days
Benchmark
NIFTY Medium to Long Duration Debt Index A-III
Standard Deviation
2.17
History
Performance & Ratios
1-Year SIP Return
7.55%
3-Year SIP Return
8.19%
5-Year SIP Return
7.02%
Mean Return
8.2%
Alpha
0.94
Beta
1.3
Sharpe Ratio
0.73
Sortino Ratio
1.31
Information Ratio
1.07
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 11.39% | 8.53% | 6.83% | 8.63% |
| Category Average | 10.64% | 7.42% | 6.14% | N/A |
| Rank Within Category | 8 | 4 | 7 | N/A |
Holdings (14)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 21.89% |
| GOI | Sovereign | GOI Sec | 19.98% |
| Maharashtra State | Others | SDL | 9.66% |
| GOI | Sovereign | GOI Sec | 6.09% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 6.01% |
| Tata Capital Ltd. | Financial | NCD | 6.0% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 5.98% |
| HDFC Bank Ltd. | Financial | CD | 5.86% |
| Axis Bank Ltd. | Financial | CD | 5.77% |
| Power Finance Corporation Ltd. | Financial | Debenture | 2.4% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| UTI Medium to Long Duration Fund Direct Growth | 319.6 | 11.47 | 10.55 | 1.17 | N/A |
| ICICI Prudential Bond Fund Direct Plan Growth | 2816.38 | 11.84 | 8.61 | 0.62 | N/A |
| Nippon India Income Fund Direct Growth | 419.76 | 11.39 | 8.53 | 0.67 | N/A |
| SBI Magnum Income Direct Plan Growth | 1918.19 | 11.28 | 8.35 | 0.77 | N/A |
| HDFC Income Fund Direct Growth | 884.76 | 11.86 | 8.32 | 0.8 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 2
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 8, 15, 22
Min Amount: ₹ 500
Min Installments: 1
AMC Details
Asset Management Company
Nippon India Mutual Fund
Reliance Mutual Fund started their mutual fund on 30/06/1995 and its managing total assets of ₹2,32,169 Cr. Its ranked at 3 as per total assets at end of 30th Sep 2017. Nippon India Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Reliance Mutual Fund is a part of Reliance Anil Dhirubhai Ambani (ADA) Group and it is one of the largest growing asset management companies in India. It has an asset under management of Rs 239,145.
Reliance Mutual Fund is present across 160 cities across the country. The main motto of the asset management company is to launch products that are not only innovative, but also conducive for investors. They believe in increasing their value to investors.
RMF provides a host of mutual funds across various categories, be it equity, debt and hybrid. The schemes have a well-managed portfolio and it has pioneered to become one of the most trusted asset management companies in India.
Reliance Mutual Fund has been sponsored by Reliance Capital Limited and Nippon Life Insurance Company.
Launch Date
1995-06-30T00:00:00.149Z
Total AUM
₹ 560218.54 Cr
Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400013
Phone
None
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Nippon India Income Fund Direct Growth
Nippon India Mutual Fund
You May Be Interested In
Axis Credit Risk Fund Direct Growth
Credit Risk
JM Dynamic Bond Fund Direct Growth
Dynamic Bond
HDFC Income Fund Direct Growth
Medium to Long Duration
Sundaram Corporate Bond Fund Direct Growth
Corporate Bond
Mirae Asset Low Duration Fund Direct Growth
Low Duration
Invesco India Liquid Fund Direct Growth
Liquid
Axis Income Advantage FoF Direct Growth
Dynamic Bond
Nippon India Floating Rate Fund Direct Growth
Floater
WhiteOak Capital Ultra Short Duration Fund Direct Growth
Ultra Short Duration
Quantum Dynamic Bond Fund Direct Growth
Dynamic Bond
Explore More Mutual Funds
Equity Mutual Funds - Top Equity Fund Picks
Explore top equity mutual funds to diversify your portfolio. Filter by NAV, fund size, and more to find the best equity funds.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Nippon India Income Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Nippon India Income Fund Direct Growth?
The top stocks held by Nippon India Income Fund Direct Growth include GOI, GOI, Maharashtra State.
Which industries does Nippon India Income Fund Direct Growth invest in?
Nippon India Income Fund Direct Growth primarily invests in the following industries: Sovereign, Others, Financial.
Who is the fund manager of Nippon India Income Fund Direct Growth?
The fund manager of Nippon India Income Fund Direct Growth is Vivek Sharma.
How many years has the fund manager been managing Nippon India Income Fund Direct Growth?
Vivek Sharma: Calculating...
What is the minimum investment for Nippon India Income Fund Direct Growth?
The minimum investment for Nippon India Income Fund Direct Growth is ₹5000 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Nippon India Income Fund Direct Growth?
Calculating...
What are the average 3-year returns for Nippon India Income Fund Direct Growth?
Calculating...
What is the expense ratio of Nippon India Income Fund Direct Growth, and how does it compare to its category?
The expense ratio of Nippon India Income Fund Direct Growth is 0.67%. The average expense ratio for similar funds in the Debt is Calculating....