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Unrated

Nippon India Q Interval Series III Direct


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

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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(₹)
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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 0.17 0.01 0.08 0.38 1.04 1.64 3.09 4.22 5.38 6.11 --
CCIL T Bill Liquidity Weight 0.09 0.02 0.03 0.21 0.49 1.07 2.12 3.13 3.51 3.93 --
Debt: FMP 0.14 0.01 0.06 0.29 0.81 1.74 3.24 4.07 5.26 6.04 --
Rank within category 3 2 2 2 2 8 13 10 8 7 --
Number of funds in category 21 21 21 21 21 21 20 20 20 20 0

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Q Interval Series III Direct
Unrated
Jan-13 3.09 4.22 5.38 -- 237

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.36 12-Sep-2013 - 19-Sep-2013 -0.01 24-Mar-2020 - 31-Mar-2020
Month 1.08 13-Sep-2013 - 15-Oct-2013 0.10 23-Mar-2020 - 22-Apr-2020
Quarter 2.61 10-Sep-2013 - 10-Dec-2013 0.47 20-Mar-2020 - 19-Jun-2020
Year 9.73 13-Sep-2013 - 15-Sep-2014 -33.51 07-Mar-2013 - 07-Mar-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.18 0.53 0.85 2.99 0.80 0.94
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: FMP 4.01 0.67 0.60 2.47 0.72 0.71
Rank within category 10 17 11 11 14 9
Number of funds in category 21 21 21 21 21 21

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

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 9 9 -- 4
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --
Avg Credit Rating AAA -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Piramal Enterprises 87-D 07/03/2022 Commercial Paper A1+ 0.00 - 9.61 9.61
new Chennai Petroleum Corporation 90-D 03/03/2022 Commercial Paper A1+ 0.00 - 9.24 9.24
new Reliance Retail Ventures 87-D 07/03/2022 Commercial Paper A1+ 0.00 - 9.23 9.23
new Aditya Birla Money 87-D 07/03/2022 Commercial Paper A1+ 0.00 - 9.22 9.22
new Piramal Capital & Housing Finance 82-D 07/03/2022 Commercial Paper A1+ 0.00 - 9.20 9.20
new 9.95% Food Corporation of India 2022 Bonds AAA 0.00 - 8.97 8.97
new Network 18 Media & Inv 82-D 07/03/2022 Commercial Paper A1+ 0.00 - 8.39 8.39
new TV18 Broadcast 82-D 07/03/2022 Commercial Paper A1+ 0.00 - 6.29 6.29
new Reserve Bank of India 364-D 03/03/2022 Treasury Bills SOV 0.00 - 2.10 2.10

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-Dec-2021

Fund Manager

— Anju Chhajer since 31-Mar-2021

Education: Ms. Chhajer is a B.Com (H) and a Chartered Accountant.

Experience: Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.

Funds Managed:


0.01%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 17.1551

IDCW: ₹ 10.1288


Investment Strategy

The scheme aims to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) --
Min. No of Cheques --
Min. Withdrawal (₹) 100
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0.3%

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 6.66%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 237 Cr (As on 31-Dec-2021)
Expense: -- (As on )
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW07-Sep-20210.0006

 06-Sep-20210.0581
 08-Jun-20210.0023
 07-Jun-20210.0729
 09-Mar-20210.0009
 08-Mar-20210.0759
 08-Dec-20200.0008
 07-Dec-20200.0736
 08-Sep-20200.0009
 07-Sep-20200.0773
 09-Jun-20200.0006
 08-Jun-20200.0506
 09-Mar-20200.0016
 06-Mar-20200.0813
 09-Dec-20190.0029
 06-Dec-20190.0932
 09-Sep-20190.0031
 06-Sep-20190.1181
 07-Jun-20190.0011
 06-Jun-20190.1345
 07-Mar-20190.0012
 06-Mar-20190.1266
 07-Dec-20180.0013
 06-Dec-20180.1331
 07-Sep-20180.0014

Contact Information

AMC: Nippon Life India Asset Management Ltd.

Address: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai - 400013

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

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