This is a guest login. You can create a regular account or login to an existing one.

VR Logo

Nippon India Income Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

Medium to Long Duration debt funds invest in bonds maturing in 4 to 7 years' time. They aim to earn slightly better returns than inflation and 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 do not guarantee returns or safety of capital.

We believe that Aggressive Hybrid funds or Large Cap Equity funds, which invest predominantly in shares, are more suitable alternatives for an investment horizon of 5 years or more because of their ability to earn much higher returns. They witness more severe ups and downs than Medium to Long Duration funds but the possibility of incurring a loss is substantially reduced if you invest for 5 years and above.

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 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 10.59 -0.61 0.16 11.41 6.63 8.21 --
VR Bond 6.71 -0.12 0.36 7.30 5.80 6.98 --
Debt: Medium to Long Duration 7.11 -0.31 0.12 7.80 5.44 7.32 --
Rank within category 1 12 9 2 5 4 --
Number of funds in category 14 14 14 14 14 14 0

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
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 6.36 4.52 0.13 0.20 1.88 0.82
VR Bond 5.65 2.30 -0.06 -0.09 -- --
Debt: Medium to Long Duration 5.26 3.81 -0.01 0.08 1.32 -0.34
Rank within category 6 12 6 6 14 6
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-Nov-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 7 15 4 20
Modified Duration (yrs) 5.31 6.54 5.03 5.04
Average Maturity (yrs) 7.65 9.84 6.96 7.28
Yield to Maturity (%) 6.88 8.20 6.38 6.94

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 40.61 27.40
down 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 29.74 25.43
down 7.27% GOI 2026 GOI Securities SOV 0.00 - 39.72 21.94
new 8.65% Reliance Industries 2028 Non Convertible Debenture AAA 0.00 - 9.21 9.21
new 7.42% Power Finance Corp. 19/11/2024 Non Convertible Debenture AAA 0.00 - 8.80 8.80
new 6.45% GOI 2029 GOI Securities SOV 0.00 - 1.75 1.75
equal 8.19% Rajasthan State 23/06/2026 State Development Loan SOV 0.00 - 0.00 0.00

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-Nov-2019

Fund Manager

— Prashant R Pimple since 01-Jan-2013

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:


-0.08%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 67.4013

Dividend Yearly: ₹ 15.1601

More

Dividend Quarterly: ₹ 13.8420

Dividend Monthly: ₹ 10.9913

Dividend Half Yearly: ₹ 13.2737

Bonus: ₹ 19.2607


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
Exit Load 0.25% for redemption within 15 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 01-Jan-2013
Benchmark: NIFTY Medium to Long Duration Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 285 Cr (As on 30-Nov-2019)
Expense: 0.87% (As on 30-Nov-2019)
Risk Grade: Above Average
Return Grade: High
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly19-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
Dividend Monthly19-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
 20-Aug-20180.0264
 19-Jul-20180.0297
 19-Apr-20180.1129
 19-Sep-20170.0105
 21-Aug-20170.0308
 19-Jul-20170.0047
 19-Jun-20170.0992
 19-May-20170.0488
 19-Apr-20170.0836
 19-Jan-20170.0712
 21-Nov-20160.1431
 19-Oct-20160.1133
 19-Sep-20160.0836
Dividend Quarterly19-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
 19-Mar-20140.1336
 19-Dec-20130.0138
 19-Jun-20130.5979
 19-Mar-20130.1695
Dividend Yearly19-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: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM