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Unrated

Nippon India ETF Long Term Gilt


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.28 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 sharper ups and downs because of changes in interest rates.

Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

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 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.

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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 8.63 0.04 0.59 1.07 6.32 8.35 10.93 8.53 -- -- --
CCIL All Sovereign Bond - TRI 9.88 -0.09 0.52 1.33 6.28 9.42 11.72 9.73 -- -- --
Debt: Gilt 8.74 0.03 0.53 1.10 6.39 8.44 11.04 8.13 -- -- --
Rank within category 13 12 4 14 12 13 14 10 -- -- --
Number of funds in category 25 25 25 25 25 25 25 25 24 22 20

As on 09-Jul-2020

Peer Comparison

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
Unrated
Jul-16 10.93 8.53 -- 0.10 10
SBI Magnum Gilt Fund  | Invest Online
4 star
Dec-00 12.80 8.84 10.18 0.95 2,752
Nippon India Gilt Securities PF
5 star
Aug-08 12.36 9.50 10.59 1.71 1,381
Nippon India Gilt Securities Fund  | Invest Online
5 star
Jul-03 12.36 9.50 10.59 1.58 1,381
DSP Government Securities Fund  | Invest Online
4 star
Sep-99 13.82 9.47 9.99 1.09 1,173

Best & Worst Performance

Best (Period) Worst (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)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.98 4.38 0.61 1.31 0.88 -0.70
CCIL All Sovereign Bond - TRI 9.12 4.76 0.80 1.80 -- --
Debt: Gilt 7.61 3.92 0.60 1.38 0.76 -0.59
Rank within category 12 22 14 15 22 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-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 5 5 5 9
Modified Duration (yrs) 6.86 6.93 6.59 --
Average Maturity (yrs) 9.48 9.96 9.48 --
Yield to Maturity (%) 5.94 6.99 5.94 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.45% GOI 2029 GOI Securities SOV 0.00 - 42.40 41.87
up 7.26% GOI 14/01/2029 GOI Securities SOV 12.82 - 46.98 20.25
up 6.79% GOI 26/12/2029 GOI Securities SOV 0.00 - 16.70 14.03
new 6.68% GOI 17/09/2031 GOI Securities SOV 0.00 - 12.82 11.34
up 7.88% GOI 19/03/2030 GOI Securities SOV 0.00 - 12.12 10.60

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-2020

Fund Manager

— Prashant R Pimple since 27-Jun-2016

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:


0.04%

Change from previous, NAV as on 09-Jul-2020

Dividend: ₹ 21.9440


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) 100
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 05-Jul-2016
Return Since Launch: 9.19%
Benchmark: NIFTY 8-13 yr G-Sec Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 10 Cr (As on 31-May-2020)
Expense: 0.10% (As on 31-May-2020)
Risk Grade: --
Return Grade: --

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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