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Nippon India Gilt Securities Fund download report

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Debt: Gilt

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1 Lakh

Investment Grown to
₹ 1.00 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.19 Lakh

Suitability:

"This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."

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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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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
Nippon India Gilt Securities -G -1.58 0.00 0.09 0.05 -1.55 -1.58 0.37 5.30 6.01 7.88 8.43
CCIL All Sovereign Bond - TRI -2.52 -0.08 -0.03 0.15 -2.50 -2.52 0.46 5.27 6.19 7.74 8.18
Debt: Gilt -1.04 0.08 0.19 0.37 -1.17 -1.04 0.93 5.29 5.47 7.10 7.70
Rank within category 26 31 31 28 18 26 25 14 9 7 5
Number of funds in category 30 33 33 33 32 30 29 25 25 24 21

As on 01-Jul-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Gilt Securities Fund  | Invest Online
3 star
 Jul-03 0.37 5.30 6.01 1.56% 1,182
SBI Magnum Gilt Fund  | Invest Online
5 star
 Dec-00 2.49 6.66 6.36 0.94% 3,532
ICICI Prudential Gilt Fund  | Invest Now
4 star
 Aug-99 1.78 6.61 6.07 1.14% 2,348
IDFC Government Securities Fund - Investment Plan - Regular Plan  | Invest Online
4 star
 Dec-08 0.74 6.42 6.54 1.24% 1,391
Aditya Birla Sun Life Government Securities Fund  | Invest Online
4 star
 Oct-99 1.29 6.03 6.05 0.94% 1,171

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 6.83 11-Dec-2008 - 18-Dec-2008 -18.16 14-Aug-2008 - 22-Aug-2008
Month 15.73 18-Nov-2008 - 18-Dec-2008 -17.82 23-Jul-2008 - 22-Aug-2008
Quarter 29.27 03-Oct-2008 - 02-Jan-2009 -17.46 30-Jun-2008 - 29-Sep-2008
Year 21.37 13-Feb-2014 - 13-Feb-2015 -16.12 28-Sep-2007 - 29-Sep-2008

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Nippon India Gilt Securities -G 5.24 3.47 0.50 0.72 0.73 0.44
CCIL All Sovereign Bond - TRI 5.28 4.41 0.41 0.61 -- --
Debt: Gilt 5.21 3.36 0.51 0.85 0.68 0.50
Rank within category 14 14 14 15 16 14
Number of funds in category 25 25 25 25 25 25

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

As on 30-Jun-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 33 33 21 14
Modified Duration (yrs) 3.65 5.99 3.65 3.03
Average Maturity (yrs) 4.69 9.03 4.69 4.56
Yield to Maturity (%) 6.43 6.43 5.38 6.38
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 7.59% GOI 2026 GOI Securities SOV 0.00 - 18.20 13.91
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 13.30 13.30
equal GOI 2028 GOI Securities SOV 0.00 - 12.90 12.90
up 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 10.21 10.21
equal 6.96% Haryana State 2029 State Development Loan SOV 0.00 - 7.26 7.26
down 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 16.53 6.86
equal 8.22% Tamilnadu State 13/05/2025 State Development Loan SOV 0.00 - 5.21 5.21
new 5.15% GOI 2025 GOI Securities SOV 0.00 - 3.22 3.20
new 8.15% GOI 24/11/2026 Central Government Loan SOV 0.00 - 3.07 3.07
equal 8.35% Gujarat State 28/02/2028 State Development Loan SOV 0.00 - 1.75 1.75
equal 7.59% Karnataka State 29/03/2027 State Development Loan SOV 0.00 - 1.70 1.70
equal 7.62% Tamilnadu State 29/03/2027 State Development Loan SOV 0.00 - 0.85 0.85
down 7.73% GOI 19/12/2034 GOI Securities SOV 0.04 - 0.90 0.79
equal 6.64% GOI 16/06/2035 GOI Securities SOV 0.61 - 22.09 0.62
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.05 - 0.44 0.44
equal 7.27% GOI 2026 GOI Securities SOV 0.39 - 12.54 0.42
down 7.50% GOI 2034 Central Government Loan SOV 0.00 - 0.66 0.41
equal 7.62% GOI 15/09/2039 GOI Securities SOV 0.00 - 0.40 0.40
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 1.15 0.33
equal 8.33% GOI 2036 Central Government Loan SOV 0.00 - 0.30 0.30
new 7.40% GOI 2035 Central Government Loan SOV 0.00 - 0.25 0.25
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.19 - 18.61 0.21
equal 5.77% GOI 2030 GOI Securities SOV 0.00 - 0.30 0.18
equal 6.79% GOI 26/12/2029 GOI Securities SOV 0.00 - 7.81 0.15
equal 6.45% GOI 2029 GOI Securities SOV 0.00 - 0.75 0.14

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 31-May-2022

Fund Manager

— Pranay Sinha since 31-Mar-2021

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:

Invest Online
0.00%

Change from previous, NAV as on 01-Jul-2022

Growth: ₹ 30.4541

IDCW Monthly: ₹ 10.2991

Investment Strategy

The scheme aims to generate optimal credit risk-free returns by investing in a portfolio of securities, issued and guaranteed by the Central and State Government.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 100
Min. No of Cheques 60
Min. Withdrawal (₹) 100
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 7 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 04-Jul-2003
Return Since Launch: 8.36%
Benchmark: CRISIL Dynamic Gilt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,182 Cr (As on 31-May-2022)
Expense: 1.56% (As on 31-May-2022)
Risk Grade: Above Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly25-Nov-20210.0431

 27-Sep-20210.1022
 25-Aug-20210.0510
 26-Jul-20210.0143
 25-May-20210.0385
 28-Dec-20200.0005
 25-Nov-20200.0172
 26-Oct-20200.1545
 25-Sep-20200.1217
 27-Jul-20200.1347
 25-Jun-20200.0366
 26-May-20200.2033
 27-Apr-20200.1587
 25-Feb-20200.1700
 26-Dec-20190.0218
 25-Nov-20190.0344
 25-Oct-20190.0534
 26-Aug-20190.0658
 25-Jul-20190.1707
 25-Jun-20190.1907
 27-May-20190.1398
 25-Mar-20190.0905
 25-Feb-20190.0358
 26-Dec-20180.2198
 26-Nov-20180.0749
IDCW Monthly25-May-20040.0384

 27-Apr-20040.0452
 25-Mar-20040.0397
 25-Feb-20040.0080
 26-Jan-20040.0438
 25-Dec-20030.0425
 25-Nov-20030.0397
 27-Oct-20030.0438
 25-Sep-20030.0425
 25-Aug-20030.0425
 25-Jul-20030.0233

Registrar & Transfer Agent: KFin Technologies Ltd.

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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