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Unrated

Nippon India Nivesh Lakshya Fund - Direct Plan


Debt: Long Duration

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.30 Lakh

Suitability:

Long Duration debt funds invest in bonds maturing in more than 7 years' time. They aim to earn slightly better returns than inflation and 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 do not guarantee returns or safety of capital.

We believe that equity funds, which invest your money in shares, are more suitable alternatives for such a long investment horizon because of their ability to earn much higher returns. They witness more severe ups and downs than Long Duration funds but the possibility of incurring a loss is substantially reduced if you invest for 7 years and above.

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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 10.94 0.17 0.60 2.12 7.34 10.88 11.17 -- -- -- --
VR Bond 5.41 0.15 0.30 0.82 3.14 5.25 7.44 -- -- -- --
Debt: Long Duration 9.74 0.29 0.70 2.13 7.74 9.68 11.25 -- -- -- --
Rank within category 1 3 2 2 2 1 2 -- -- -- --
Number of funds in category 2 3 3 3 3 3 2 1 1 1 0

As on 08-Jul-2020

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 11.17 -- -- 0.21 1,307
ICICI Prudential Long Term Bond Fund - Direct Plan  | Invest Now
Unrated
Jan-13 11.34 9.62 10.76 1.58 1,016
BHARAT Bond FOF - April 2030 - Direct Plan  | Invest Online
Unrated
Dec-19 -- -- -- 0.05 962

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.96 (01-Jul-2019 - 08-Jul-2019) -2.48 (31-Mar-2020 - 09-Apr-2020)
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) -3.42 (16-Jul-2019 - 15-Oct-2019)
Year 25.89 (16-Jul-2018 - 16-Jul-2019) 11.22 (19-Dec-2018 - 19-Dec-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 6.73 1.95 0.74 1.57 -- --
Debt: Long Duration* 8.97 4.52 0.81 1.94 6.20 11.27
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 3 3 3 6
Modified Duration (yrs) 11.26 11.53 10.84 --
Average Maturity (yrs) 24.75 25.78 24.02 --
Yield to Maturity (%) 6.58 7.35 6.58 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 8.13% GOI 22/06/2045 GOI Securities SOV 36.72 - 45.96 37.07
up 8.17% GOI 2044 Central Government Loan SOV 25.44 - 38.41 31.59
equal 7.06% GOI 2046 Central Government Loan SOV 17.14 - 30.20 26.87

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 18-Jun-2018

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:


0.17%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 13.7231

Dividend Yearly: ₹ 12.1369

More

Dividend Quarterly: ₹ 11.9350

Dividend Monthly: ₹ 11.8699

Dividend Half Yearly: ₹ 12.1134

Dividend: ₹ 13.7231


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

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 60
Minimum Withdrawal (₹) 100
Minimum Balance (₹) --
Exit Load For units in excess of 10% 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: 17.07%
Benchmark: CRISIL Long Term Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,307 Cr (As on 31-May-2020)
Expense: 0.21% (As on 31-May-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly22-Jun-20200.1965

 20-Mar-20200.2134
 20-Dec-20190.1183
 20-Sep-20190.1514
 20-Jun-20190.3280
 20-Dec-20180.1871
Dividend Monthly19-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
Dividend Half Yearly19-Mar-20200.3532

 19-Sep-20190.3159
 19-Mar-20190.3338
Dividend Yearly19-Mar-20200.6814

 19-Mar-20190.3347

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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