1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
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:
|CCIL All Sovereign Bond - TRI||0.03||-0.02||0.07||0.67||1.47||1.20||5.64||11.00||--||--||--|
|Rank within category||12||1||2||16||16||13||13||9||--||--||--|
|Number of funds in category||26||29||29||29||26||25||25||25||24||23||20|
As on 14-May-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Nippon India ETF Long Term Gilt | Invest Online||Jul-16||4.54||10.23||--||0.10||15|
|SBI Magnum Gilt Fund | Invest Online||Dec-00||5.38||10.31||9.29||0.95||4,202|
|IDFC Government Securities Fund - Investment Plan - Regular Plan||Dec-08||5.25||11.46||9.46||1.23||1,621|
|DSP Government Securities Fund | Invest Online||Sep-99||5.62||11.02||9.16||1.05||472|
|SBI Magnum Gilt Fund - PF Fixed 3 Years||Nov-03||5.39||10.32||9.29||0.95||4,202|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||2.87||16-Apr-2020 - 23-Apr-2020||-3.13||02-Feb-2017 - 09-Feb-2017|
|Month||5.02||06-Mar-2018 - 05-Apr-2018||-3.04||30-Jan-2017 - 01-Mar-2017|
|Quarter||9.33||16-Apr-2019 - 16-Jul-2019||-4.34||24-Nov-2016 - 23-Feb-2017|
|Year||18.72||04-Sep-2018 - 04-Sep-2019||-2.99||11-Sep-2017 - 11-Sep-2018|
|CCIL All Sovereign Bond - TRI||10.54||4.67||1.32||1.90||--||--|
|Rank within category||9||20||12||10||22||12|
|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-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||5||5||5||11|
|Modified Duration (yrs)||6.94||7.14||6.86||4.66|
|Average Maturity (yrs)||9.56||10.06||9.48||6.40|
|Yield to Maturity (%)||6.20||6.36||5.91||5.63|
|Avg Credit Rating||GOI/Cash||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|5.85% GOI 2030||GOI Securities||SOV||0.00 - 35.07||35.07|
|5.77% GOI 2030||GOI Securities||SOV||0.00 - 46.12||20.01|
|7.57% GOI 17/06/2033||GOI Securities||SOV||0.00 - 20.76||14.68|
|6.45% GOI 2029||GOI Securities||SOV||14.26 - 41.87||14.45|
|5.79% GOI 2030||GOI Securities||SOV||0.00 - 33.91||12.74|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-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).
Education: Mr. Deb is a B.Sc and MMS (Finance).
Experience: Prior to joining Nippon India Mutual Fund he has worked with Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
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The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 8-13 yr G-Sec Index before expenses, subject to tracking errors.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||--|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||100|
|Minimum Balance (₹)||--|
|Lock-in Period||Not Applicable|
|Fund House:||Nippon India Mutual Fund|
|Return Since Launch:||8.07%|
|Benchmark:||NIFTY 8-13 yr G-Sec Index|
|Assets:||₹ 15 Cr (As on 30-Apr-2021)|
|Expense:||0.10% (As on 30-Apr-2021)|
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
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]