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Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt download report


1 Lakh

Investment declined to
₹ 0.99 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 ETF Nifty 8-13 yr G-Sec Long Term Gilt-IDCW -2.29 0.61 1.24 2.08 -0.61 -1.79 -0.65 4.33 5.40 -- --
CCIL All Sovereign Bond - TRI -1.78 0.48 0.69 1.51 -1.31 -1.27 1.59 5.05 6.41 -- --
Debt: Gilt -0.58 0.30 0.69 1.10 -0.60 -0.34 1.71 5.10 5.63 -- --
Rank within category 30 1 1 1 17 30 28 19 16 -- --
Number of funds in category 30 33 33 33 33 30 28 25 25 24 21

As on 06-Jul-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt  | Invest Online
Unrated
Jul-16 -0.65 4.33 5.40 0.10% 206
SBI Magnum Gilt Fund  | Invest Online
5 star
Dec-00 2.83 6.41 6.48 0.94% 3,566
ICICI Prudential Gilt Fund  | Invest Now
4 star
Aug-99 2.34 6.33 6.22 1.14% 2,334
IDFC Government Securities Fund - Investment Plan - Regular Plan  | Invest Online
4 star
Dec-08 1.50 6.18 6.73 1.24% 1,366
Aditya Birla Sun Life Government Securities Fund  | Invest Online
4 star
Oct-99 2.18 5.77 6.17 0.94% 1,185

Best & Worst Performance

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 -3.93 11-Jun-2021 - 13-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt-IDCW 4.39 3.79 0.24 0.35 0.80 -0.53
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 19 21 20 19 23 21
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 5 6 5 14
Modified Duration (yrs) 6.83 7.11 6.70 --
Average Maturity (yrs) 9.83 10.23 8.93 --
Yield to Maturity (%) 7.44 7.44 6.20 --
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 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 40.88 40.88
down 6.10% GOI 2031 GOI Securities SOV 0.00 - 52.65 20.03
new 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 14.18 14.18
down 6.68% GOI 17/09/2031 GOI Securities SOV 0.00 - 13.39 11.04
down 7.50% GOI 2034 Central Government Loan SOV 0.00 - 12.71 10.44
equal Others Margin Money -- - 0.02

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-Jun-2022

*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:

— Siddharth Deb since 31-Mar-2021

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.

Funds Managed:


0.61%

Change from previous, NAV as on 06-Jul-2022

IDCW: ₹ 22.2926


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) --
Min. SIP Investment (₹) --
Min. No of Cheques --
Min. Withdrawal (₹) 100
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 05-Jul-2016
Return Since Launch: 6.34%
Benchmark: NIFTY 8-13 yr G-Sec Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 206 Cr (As on 30-Jun-2022)
Expense: 0.10% (As on 31-May-2022)
Risk Grade: --
Return Grade: --

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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