1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from 3 months to 5 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.
If you are looking to invest for a defined tenure during which you are sure you will not need to redeem your money, you may consider investing in an FMP of a matching duration. But avoid them if your investment horizon is more than 3 years. We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. That makes FMPs unsuitable.
Taxability of earnings:
|CCIL T Bill Liquidity Weight||2.04||0.00||0.04||0.24||0.86||1.94||3.94||4.14||4.32||4.70||4.78|
As on 09-Jul-2020
|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||May-07||6.00||6.97||7.26||0.07||17|
|Best (Period)||Worst (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)||4.58 (01-Nov-2007 - 31-Oct-2008)|
|CCIL T Bill Liquidity Weight||4.07||0.28||-4.34||-7.86||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Jun-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||8||8||--||6|
|Modified Duration (yrs)||--||--||--||--|
|Average Maturity (yrs)||--||--||--||--|
|Yield to Maturity (%)||--||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Bank of Baroda 2020||Certificate of Deposit||A1+||0.00 - 11.67||11.66|
|SIDBI 2020||Certificate of Deposit||A1+||0.00 - 11.66||11.66|
|Axis Bank 26/06/2020||Certificate of Deposit||A1+||0.00 - 11.63||11.63|
|7.30% Power Finance Corp. 30/06/2020||Debenture||AAA||0.00 - 11.55||11.11|
|8.37% National Bank Agr. Rur. Devp 22/06/2020||Debenture||AAA||0.00 - 11.65||11.11|
|9.30% Power Grid Corporation 28/06/2020||Bonds||AAA||0.00 - 10.81||10.24|
|Indusind Bank 23/06/2020||Certificate of Deposit||A1+||0.00 - 9.30||9.30|
|8.80% HDFC 18/06/2020||Debenture||AAA||0.00 - 6.14||5.84|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-May-2020
Education: Mr. Tripathi is a B.Com (H) and PGDM.
Experience: Prior to joining Reliance Mutual Fund he has worked with New India Assurance Co. Ltd, Sun Invest Associates Ltd and CFS Financial Services Pvt. Ltd.
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The scheme aims to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||--|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||--|
|Minimum Balance (₹)||5,000|
|Fund House:||Nippon India Mutual Fund|
|Return Since Launch:||7.99%|
|Benchmark:||CRISIL Short-Term Bond|
|Assets:||₹ 17 Cr (As on 31-May-2020)|
|Expense:||0.07% (As on 30-Sep-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
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
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]