Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth
Debt
Direct
Fixed Maturity Intermediate-Term Bond
NAV as on 06-01-2025
₹ 15.86
Inception Returns
8.4%
/yr
About Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth is a debt fund. This fund was started on 26 April, 2019. The fund is managed by Siddharth Deb. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth has ₹63 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth has given a CAGR return of 8.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.10%, 6.69% and 7.18% respectively.
Holdings
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 08.14 Gj Sdl 2029apr, 08.17 GJ Sdl 2029, 06.94 CG Sdl 2029, 7.11% State Government Securities, 08.31 KL Sdl 2029
Taxation
As it is a fixed maturity intermediate-term bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth
The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility • Central and State Government securities and • Other fixed income/ debt securities However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth has no lock in period.
Historical NAV & Returns
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth Overview
| Expense ratio | 0.11% |
Benchmark | CRISIL Dynamic Gilt TR INR |
| AUM | ₹63 Cr |
| Inception Date | 26 April, 2019 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 6.12% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (06-Jan-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 62.5 Cr as of Nov'24
- AUM increased by 0.4 Cr between Nov'24 and Oct'24
Top Sector in November was Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 08.14 Gj Sdl 2029apr | 39.15% | 0% | |
08.17 GJ Sdl 2029 | 24.96% | 0% | |
06.94 CG Sdl 2029 | 3.98% | 0% | |
7.11% State Government Securities | 3.37% | 0% | |
08.31 KL Sdl 2029 | 3.17% | 0% |
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹63 Cr
Expense Ratio 0.11%
Frequently Asked Questions for Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.17% | 0.17% |
6 Month Returns | 4.28% | 4.28% |
1 Year Returns | 9.1% | 9.1% |
3 Years Returns | 21.45% | 6.69% |
5 Years Returns | 41.42% | 7.18% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |