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Unrated

Nippon India Annual Interval Series I Retail


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 1.63 0.01 0.06 0.28 0.92 1.79 4.01 6.12 6.53 7.07 7.66
CCIL T Bill Liquidity Weight 0.86 0.00 0.02 0.17 0.49 0.95 2.11 3.55 3.78 4.23 4.61
Debt: FMP 1.32 0.01 0.05 0.23 0.75 1.42 2.77 4.62 5.53 6.32 7.20

As on 18-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Annual Interval Series I Retail
Unrated
May-07 4.01 6.12 6.53 0.10 14

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.24 10-Dec-2008 - 17-Dec-2008 -1.76 13-Oct-2008 - 20-Oct-2008
Month 2.96 21-Nov-2008 - 23-Dec-2008 -2.05 01-Oct-2008 - 31-Oct-2008
Quarter 5.73 31-Oct-2008 - 30-Jan-2009 -0.98 01-Aug-2008 - 31-Oct-2008
Year 11.62 29-Oct-2008 - 30-Oct-2009 4.01 17-Jun-2020 - 17-Jun-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.02 0.64 2.70 6.35 1.28 2.71
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: FMP 4.61 0.72 0.60 1.31 0.88 0.99

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

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 5 8 1 3
Modified Duration (yrs) 0.07 0.71 0.07 0.07
Average Maturity (yrs) 0.07 0.75 0.07 0.01
Yield to Maturity (%) 3.48 4.32 3.42 3.28
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 8.69% Uttar Pradesh State 2021 State Development Loan SOV 0.00 - 33.89 31.80
equal 8.70% Reliance Industries 18/07/2021 Debenture AAA 0.00 - 11.68 10.91
equal 8.15% REC 18/06/2021 Bonds/Debentures AAA 0.00 - 11.61 10.87
equal IDFC First Bank 15/06/2021 Certificate of Deposit A1+ 0.00 - 9.39 9.39
equal 10.40% Sikka Ports and Terminals 18/07/2021 Bonds/NCDs AAA 0.00 - 9.46 8.75

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-2021

Fund Manager

— Amit Tripathi since 30-Apr-2007

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 Nov 2017

0.01%

Change from previous, NAV as on 18-Jun-2021

Growth: ₹ 28.6294

IDCW: ₹ 10.3785


Investment Strategy

The scheme aims to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) 5,000
Lock-in Period Not Applicable
Exit Load 2%

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 03-May-2007
Return Since Launch: 7.72%
Benchmark: CRISIL Short-Term Bond TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 14 Cr (As on 31-May-2021)
Expense: 0.10% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW15-Jul-20200.0008

 14-Jul-20200.6031
 10-Jul-20190.0011
 09-Jul-20190.5904
 04-Jul-20180.0044
 03-Jul-20180.4954
 28-Jun-20170.0011
 27-Jun-20170.5526
 21-Jun-20160.0012
 20-Jun-20160.5897
 16-Jun-20150.0014
 15-Jun-20150.6446
 10-Jun-20140.0018
 09-Jun-20140.6524
 04-Jun-20130.0018
 03-Jun-20130.7642
 28-May-20120.8646
 23-May-20110.5868
 14-May-20100.4865
 08-May-20090.8042
 05-May-20080.0993
 26-Mar-20080.7945

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

Last Session

Investors' Hangout

Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM

Registration Over