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Unrated

Nippon India Fixed Horizon Fund XLI - Series 12 - Regular Plan


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.07 Lakh

Suitability:

"Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

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
Fund 6.13 0.02 0.11 0.43 1.21 2.83 6.72 -- -- -- --
CCIL T Bill Liquidity Weight 1.85 0.00 0.04 0.19 0.43 1.06 2.01 -- -- -- --
Debt: FMP 4.16 0.01 0.08 0.40 0.87 2.14 4.50 -- -- -- --
Rank within category 22 24 13 46 23 22 22 -- -- -- --
Number of funds in category 264 285 283 282 277 267 264 78 3 3 0

As on 02-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Fixed Horizon Fund XLI - Series 12 - Regular Plan
Unrated
Jul-19 6.72 -- -- 0.51% 47
Kotak FMP Series 252 - 1261 Days - Regular Plan
Unrated
Nov-18 3.84 -- -- -- 1,356
HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Regular Plan
Unrated
Sep-18 8.83 9.65 -- 0.27% 797
Kotak FMP Series 239 - 1330 Days - Regular Plan
Unrated
Aug-18 7.55 9.43 -- -- 786
SBI Fixed Maturity Plan - Series 41 (1498 Days) - Regular Plan
Unrated
Mar-21 -- -- -- 0.35% 757

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.41 24-Mar-2020 - 31-Mar-2020 -1.63 12-Mar-2020 - 19-Mar-2020
Month 2.61 10-Jun-2020 - 10-Jul-2020 -2.02 25-Feb-2020 - 26-Mar-2020
Quarter 4.73 30-Apr-2020 - 31-Jul-2020 -0.74 07-Feb-2020 - 08-May-2020
Year 13.08 29-Apr-2020 - 29-Apr-2021 6.68 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.18 0.40 -1.54 -4.30 -- --
Debt: FMP* 7.96 1.90 2.50 6.51 1.79 5.26
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-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 13 14 13 16
Modified Duration (yrs) 0.34 1.03 0.34 --
Average Maturity (yrs) 0.42 1.23 0.42 --
Yield to Maturity (%) 5.78 7.34 5.69 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 2.00% Tata Steel 23/04/2022 Debenture AA+ 0.00 - 10.60 10.53
equal 9.15% Coastal Gujarat Power 14/06/2022 Debenture AA 8.78 - 9.58 8.78
equal Asirvad Microfinance 30/06/2022 Non Convertible Debenture AA- 8.70 - 9.26 8.70
equal 9.50% India Infoline Finance 2022 Debenture AA 8.57 - 8.94 8.59
equal 8.90% Vedanta 2021 Non Convertible Debenture AA- 8.16 - 8.53 8.16
equal Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 8.06 - 8.14 8.06
equal Indusind Bank 28/02/2022 Certificate of Deposit A1+ 0.00 - 7.27 7.19
equal 7.28% Power Finance Corporation 2022 Bonds AAA 5.89 - 6.43 5.89
equal 8.48% Uttar Pradesh Power Corporation 15/03/2022 Structured Obligation AA 4.42 - 9.39 4.42
equal 9.50% Piramal Capital & Housing Finance 15/04/2022 Debenture AA 0.00 - 4.42 4.34
equal 8.45% Tata Power Renewable Energy 25/05/2022 Structured Obligation AA 4.15 - 4.50 4.15
equal 8.15% REC 2022 Non Convertible Debenture AAA 3.07 - 3.37 3.07
equal 7.50% Tata Motors 22/06/2022 Debenture AA- 1.09 - 1.16 1.09

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-Oct-2021

Fund Manager

— Amit Tripathi since 25-Jun-2019

Education: Mr. Tripathi is a B.Com (H) and PGDM.

Experience: Prior to joining Nippon India Mutual Fund he has worked with New India Assurance Co. Ltd, Sun Invest Associates Ltd and CFS Financial Services Pvt. Ltd.

Interviews:

Funds Managed:

  • Intervals - since Apr 2007
  • FMPs - since Feb 2018

0.02%

Change from previous, NAV as on 02-Dec-2021

Growth: ₹ 12.3581

IDCW: ₹ 12.3581


Investment Strategy

The scheme seeks to generate returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and Other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.

Investment Details

Tenure (Days) 1116
Maturity date 01-Aug-2022

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 12-Jul-2019
Return Since Launch: 9.24%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderately High
Type: Closed-end

Contact Information

AMC: Nippon Life India Asset Management Ltd.

Address: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai - 400013

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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