VR Logo

Unrated

Nippon India Nivesh Lakshya Fund - Direct Plan download report


Debt: Long Duration

1 Lakh

Investment declined to
₹ 0.99 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.18 Lakh

Suitability:

"Long Duration debt funds invest mainly in bonds maturing in more than seven years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they can be fairly volatile in response to changes in interest rates.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with a long investment horizon of seven years or more may consider investing at least some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss is substantially reduced if you invest for seven years and more."

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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

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 Nivesh Lakshya Fund Direct-G -3.04 -0.22 -0.11 -1.49 -3.58 -3.24 -1.46 7.01 -- -- --
VR Bond -0.46 -0.01 0.03 -0.32 -0.88 -0.49 1.53 4.84 -- -- --
Debt: Long Duration -2.50 -0.08 -0.03 -1.51 -2.69 -2.51 -0.30 6.59 -- -- --
Rank within category 5 5 4 4 6 4 3 1 -- -- --
Number of funds in category 5 6 6 6 6 4 4 2 1 1 0

As on 20-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Nivesh Lakshya Fund - Direct Plan  | Invest Online
Unrated
Jul-18 -1.46 7.01 -- 0.25% 1,890
BHARAT Bond FOF - April 2030 - Direct Plan  | Invest Online
Unrated
Dec-19 1.41 -- -- 0.05% 3,273
BHARAT Bond FOF - April 2031 - Direct Plan  | Invest Online
Unrated
Jul-20 0.65 -- -- 0.05% 2,104
BHARAT Bond ETF FOF - April 2032 - Direct Plan  | Invest Online
Unrated
Dec-21 -- -- -- 0.05% 700
ICICI Prudential Long Term Bond Fund - Direct Plan  | Invest Now
Unrated
Jan-13 -1.79 6.17 6.57 1.41% 628

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.96 01-Jul-2019 - 08-Jul-2019 -3.22 02-May-2022 - 09-May-2022
Month 6.75 21-May-2019 - 20-Jun-2019 -3.81 09-Mar-2020 - 09-Apr-2020
Quarter 13.90 16-Apr-2019 - 16-Jul-2019 -3.58 18-Feb-2022 - 20-May-2022
Year 25.89 16-Jul-2018 - 16-Jul-2019 -2.41 06-May-2021 - 06-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Nippon India Nivesh Lakshya Fund Direct-G 8.28 6.51 0.73 1.17 6.32 8.99
VR Bond 5.18 2.13 0.78 1.13 -- --
Debt: Long Duration 7.65 5.64 0.73 1.16 6.28 8.33
Rank within category 1 2 2 1 2 1
Number of funds in category 2 2 2 2 2 2

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 5 5 3 8
Modified Duration (yrs) 10.47 10.93 10.47 6.71
Average Maturity (yrs) 22.82 23.48 22.82 10.52
Yield to Maturity (%) 7.30 7.30 6.73 7.25
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.13% GOI 22/06/2045 GOI Securities SOV 39.01 - 41.09 39.01
up 8.17% GOI 2044 Central Government Loan SOV 32.33 - 35.83 35.83
up 7.06% GOI 2046 Central Government Loan SOV 20.12 - 20.81 20.30
equal 6.67% GOI 17/12/2050 GOI Securities SOV 0.00 - 0.50 0.48
equal 8.30% GOI 31/12/2042 Central Government Loan SOV 0.00 - 1.59 0.29
equal Others Margin Money -- - 0.01

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:


-0.22%

Change from previous, NAV as on 20-May-2022

Growth: ₹ 13.8002

IDCW Yearly: ₹ 11.2626

More

IDCW Quarterly: ₹ 11.3264

IDCW Monthly: ₹ 11.3107

IDCW Half Yearly: ₹ 11.4863

IDCW: ₹ 13.8004


Investment Strategy

The scheme seeks to generate optimal returns consistent with moderate levels of risk.This income may be complemented by capital appreciation of the portfolio.

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 (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 20% of the investment,1% will be charged for redemption within 1080 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 06-Jul-2018
Return Since Launch: 8.67%
Benchmark: CRISIL Long Duration Fund AIII Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,890 Cr (As on 30-Apr-2022)
Expense: 0.25% (As on 30-Apr-2022)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Yearly21-Mar-20220.2694

 19-Mar-20210.6800
 19-Mar-20200.6814
 19-Mar-20190.3347
IDCW Monthly21-Feb-20220.0441

 20-Dec-20210.0476
 22-Nov-20210.0171
 20-Sep-20210.0822
 19-Jan-20210.0917
 21-Dec-20200.1377
 19-Nov-20200.1388
 19-Oct-20200.0146
 20-Jul-20200.0634
 19-Jun-20200.0725
 19-May-20200.1808
 20-Feb-20200.1985
 19-Nov-20190.0164
 22-Oct-20190.1739
 19-Jul-20190.0615
 19-Jun-20190.0776
 20-May-20190.1291
 22-Apr-20190.0863
 19-Mar-20190.0151
 20-Feb-20190.0108
 19-Dec-20180.0614
 19-Nov-20180.1442
IDCW Quarterly20-Dec-20210.0569

 20-Sep-20210.1557
 21-Jun-20210.1007
 21-Dec-20200.2739
 21-Sep-20200.0984
 22-Jun-20200.1965
 20-Mar-20200.2134
 20-Dec-20190.1183
 20-Sep-20190.1514
 20-Jun-20190.3280
 20-Dec-20180.1871
IDCW Half Yearly20-Sep-20210.2133

 19-Mar-20210.0803
 21-Sep-20200.4022
 19-Mar-20200.3532
 19-Sep-20190.3159
 19-Mar-20190.3338

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

Upcoming Video

Investors' Hangout

How to lock your profits?

DateFriday, 27-May-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot