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3 star

Nippon India Income Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Medium to Long Duration debt funds invest mainly in bonds maturing in four to seven years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they may experience some degree of volatility in response to changes in interest rates.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.31 0.02 0.02 0.07 2.14 2.71 3.90 10.11 7.61 9.03 --
VR Bond* 1.70 0.03 -0.19 0.07 1.39 1.63 3.02 6.84 5.83 6.93 --
Debt: Medium to Long Duration* 3.07 0.03 0.06 0.63 2.23 3.33 4.75 8.54 6.80 8.24 --
Rank within category* 10 8 12 9 5 10 8 4 6 5 --
Number of funds in category* 14 17 17 15 15 15 14 14 14 14 0

As on 14-Oct-2021

* As on 17-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Income Fund - Direct Plan  | Invest Online
3 star
Jan-13 3.90 10.11 7.61 0.58 274
Aditya Birla Sun Life Income Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.89 10.50 7.64 0.40 3,128
Kotak Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.80 10.39 7.38 0.74 2,881
ICICI Prudential Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 4.46 9.75 7.73 0.56 2,740
SBI Magnum Income Fund - Direct Plan  | Invest Online
5 star
Jan-13 5.40 10.43 8.64 0.81 1,719

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.52 19-Aug-2013 - 26-Aug-2013 -3.88 12-Aug-2013 - 19-Aug-2013
Month 5.09 25-Oct-2016 - 24-Nov-2016 -6.25 19-Jul-2013 - 19-Aug-2013
Quarter 8.44 12-Sep-2014 - 12-Dec-2014 -9.63 20-May-2013 - 19-Aug-2013
Year 18.37 24-Nov-2015 - 24-Nov-2016 -1.14 20-May-2013 - 20-May-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.96 3.88 1.55 2.13 1.70 1.15
VR Bond 6.81 2.11 1.36 1.85 -- --
Debt: Medium to Long Duration 8.43 3.60 1.55 2.40 1.17 1.13
Rank within category 4 11 9 10 13 8
Number of funds in category 14 14 14 14 14 14

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 12 16 11 27
Modified Duration (yrs) 5.70 6.84 5.24 --
Average Maturity (yrs) 11.60 11.60 7.83 --
Yield to Maturity (%) 5.49 6.15 5.49 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 45.52 45.52
up 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 18.10 18.10
equal 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 5.90 - 9.12 9.12
new 7.09% Food Corporation of India 13/08/2031 Non Convertible Debenture AAA 0.00 - 7.37 7.37
new 6.92% Indian Railway Finance Corporation 31/08/2031 Non Convertible Debenture AAA 0.00 - 7.35 7.35
equal 8.13% Maharashtra State 14/01/2025 State Development Loan SOV 0.00 - 5.91 5.91
equal 5.79% GOI 2030 GOI Securities SOV 0.09 - 8.24 0.14
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.03 - 18.22 0.06
equal 6.45% GOI 2029 GOI Securities SOV 0.00 - 0.00 0.00
equal 5.77% GOI 2030 GOI Securities SOV 0.00 - 5.92 0.00
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 0.00 0.00
equal 8.19% Rajasthan State 23/06/2026 State Development Loan SOV 0.00 - 0.00 0.00
equal Others Margin Money -- - 0.09

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2021

*As on 31-Aug-2021

Fund Manager

— Vivek Sharma since 01-Feb-2020

Education: Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).

Experience: He has been associated with Nippon India Mutual Fund since 2006.

Funds Managed:


0.02%

Change from previous, NAV as on 14-Oct-2021

Growth: ₹ 78.0555

IDCW Yearly: ₹ 14.3140

More

IDCW Quarterly: ₹ 13.5184

IDCW Monthly: ₹ 11.3028

IDCW Half Yearly: ₹ 13.0797

Bonus: ₹ 22.3051


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 60
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 15 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.57%
Benchmark: NIFTY Medium to Long Duration Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 274 Cr (As on 30-Sep-2021)
Expense: 0.58% (As on 30-Sep-2021)
Risk Grade: Above Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Half Yearly20-Sep-20210.4861

 19-Mar-20210.0740
 21-Sep-20200.7271
 19-Mar-20200.6235
 19-Sep-20190.8219
 19-Mar-20190.5023
 19-Sep-20180.1809
 19-Sep-20170.6139
 20-Mar-20170.1634
 19-Sep-20160.7854
 21-Mar-20160.1481
 21-Sep-20150.1686
 19-Mar-20150.9096
 19-Sep-20140.4976
 19-Mar-20140.1887
IDCW Monthly20-Sep-20210.1767

 20-Aug-20210.0414
 19-Jul-20210.0169
 21-Jun-20210.0088
 19-May-20210.0736
 21-Dec-20200.0339
 19-Nov-20200.0925
 19-Oct-20200.1601
 20-Jul-20200.1535
 19-Jun-20200.0704
 19-May-20200.1195
 20-Apr-20200.1168
 20-Feb-20200.2078
 19-Nov-20190.0265
 22-Oct-20190.1086
 19-Sep-20190.0115
 19-Jul-20190.1798
 19-Jun-20190.2389
 20-May-20190.0761
 22-Apr-20190.0269
 19-Mar-20190.0947
 20-Feb-20190.0301
 19-Dec-20180.1117
 19-Nov-20180.0845
 19-Oct-20180.0743
IDCW Quarterly20-Sep-20210.2408

 21-Jun-20210.3109
 21-Dec-20200.3512
 21-Sep-20200.0509
 19-Jun-20200.5930
 19-Mar-20200.4354
 19-Dec-20190.1495
 19-Sep-20190.2671
 19-Jun-20190.4483
 19-Mar-20190.0169
 19-Dec-20180.3400
 19-Sep-20180.0668
 19-Jun-20180.0478
 19-Sep-20170.1138
 19-Jun-20170.3865
 19-Dec-20160.4631
 19-Sep-20160.5512
 20-Jun-20160.2186
 21-Mar-20160.0597
 21-Dec-20150.0884
 21-Sep-20150.1842
 19-Mar-20150.3043
 19-Dec-20140.6252
 19-Sep-20140.1463
 19-Jun-20140.4606
IDCW Yearly19-Mar-20210.8951

 19-Mar-20201.4932
 19-Mar-20190.7899
 19-Mar-20180.3301
 20-Mar-20171.0234
 21-Mar-20160.4057
 19-Mar-20151.5836
 19-Mar-20140.1846
 19-Mar-20130.2460

Contact Information

AMC: Nippon India Life Asset Management Ltd.

Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055

Phone: 022-68334800 / 18602660111

Fax: 022-33037662

Email: [email protected]

Website: http://www.nipponindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over