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3 star

Nippon India Gilt Securities PF download report


Debt: Gilt

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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(₹)
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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 PF -Automatic Annual Reinvest -1.62 -0.08 0.25 -0.76 -1.58 -1.65 0.31 6.81 6.73 7.93 8.72
CCIL All Sovereign Bond - TRI* -2.42 -0.22 0.85 -0.30 -2.05 -2.47 -0.32 7.16 6.99 7.80 8.47
Debt: Gilt* -1.32 -0.14 0.46 -0.46 -1.29 -1.17 0.77 6.62 6.04 7.09 7.90
Rank within category* 18 13 23 25 18 25 21 13 7 4 4
Number of funds in category* 30 33 33 33 30 30 29 25 25 24 21

As on 13-May-2022

* As on 16-May-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 PF
3 star
Aug-08 0.31 6.81 6.73 1.71% 1,232
SBI Magnum Gilt Fund  | Invest Online
4 star
Dec-00 1.96 8.12 6.91 0.94% 3,530
ICICI Prudential Gilt Fund  | Invest Now
4 star
Aug-99 2.56 7.97 7.27 1.14% 2,327
IDFC Government Securities Fund - Investment Plan - Regular Plan  | Invest Online
4 star
Dec-08 0.53 7.82 6.99 1.24% 1,426
Aditya Birla Sun Life Government Securities Fund  | Invest Online
4 star
Oct-99 1.30 7.37 6.80 0.94% 1,108

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.59 19-Aug-2013 - 26-Aug-2013 -4.85 12-Aug-2013 - 19-Aug-2013
Month 6.23 19-Aug-2013 - 18-Sep-2013 -7.88 19-Jul-2013 - 19-Aug-2013
Quarter 9.48 12-Sep-2014 - 12-Dec-2014 -11.58 20-May-2013 - 19-Aug-2013
Year 21.37 13-Feb-2014 - 13-Feb-2015 -1.69 20-May-2013 - 20-May-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Nippon India Gilt Securities PF -Automatic Annual Reinvest 7.21 3.77 0.98 1.49 0.75 0.58
CCIL All Sovereign Bond - TRI 7.67 4.73 0.88 1.29 -- --
Debt: Gilt 6.88 3.63 0.92 1.58 0.70 0.48
Rank within category 10 16 10 13 18 11
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-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 31 31 21 13
Modified Duration (yrs) 3.99 5.99 3.99 3.05
Average Maturity (yrs) 5.01 9.03 5.01 4.47
Yield to Maturity (%) 6.13 6.13 5.38 5.89
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
up 7.59% GOI 2026 GOI Securities SOV 0.00 - 18.20 18.20
equal GOI 2028 GOI Securities SOV 0.00 - 12.40 12.40
up 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 16.53 11.44
down 5.63% GOI 2026 GOI Securities SOV 0.00 - 24.82 8.66
new 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 7.44 7.44
equal 6.96% Haryana State 2029 State Development Loan SOV 0.00 - 7.15 7.15
equal 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 8.95 7.10
equal 8.22% Tamilnadu State 13/05/2025 State Development Loan SOV 0.00 - 5.11 5.11
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 4.18 4.18
equal 8.35% Gujarat State 28/02/2028 State Development Loan SOV 0.00 - 1.72 1.72
equal 7.59% Karnataka State 29/03/2027 State Development Loan SOV 0.00 - 1.67 1.66
up 7.73% GOI 19/12/2034 GOI Securities SOV 0.03 - 0.90 0.90
equal 7.62% Tamilnadu State 29/03/2027 State Development Loan SOV 0.00 - 0.83 0.83
up 5.79% GOI 2030 GOI Securities SOV 0.03 - 0.75 0.75
up 7.50% GOI 2034 Central Government Loan SOV 0.00 - 0.66 0.66
down 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 22.09 0.61
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.04 - 0.43 0.43
equal 7.27% GOI 2026 GOI Securities SOV 0.39 - 12.54 0.41
equal 7.62% GOI 15/09/2039 GOI Securities SOV 0.00 - 0.39 0.39
down 6.10% GOI 2031 GOI Securities SOV 0.00 - 4.85 0.36
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 1.15 0.33
up 6.68% GOI 17/09/2031 GOI Securities SOV 0.07 - 5.95 0.33
equal 8.33% GOI 2036 Central Government Loan SOV 0.00 - 0.29 0.29
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.19 - 19.45 0.20
up 5.77% GOI 2030 GOI Securities SOV 0.00 - 1.60 0.18

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-Apr-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:


-0.08%

Change from previous, NAV as on 13-May-2022

Automatic Annual Reinvest: ₹ 25.5231

Growth: ₹ 30.4411


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: 22-Aug-2008
Return Since Launch: 8.15%
Benchmark: CRISIL Dynamic Gilt Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,232 Cr (As on 30-Apr-2022)
Expense: 1.71% (As on 28-Feb-2017)
Risk Grade: Average
Return Grade: Average

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

Last Session

Investors' Hangout

How much will debt funds deliver now?

DateFriday, 13-May-2022
Time12:30 PM - 12:40 PM

Registration Over