Debt
Direct
Fixed Maturity Intermediate-Term Bond
NAV as on 05-09-2024
₹ 11.31
Inception Returns
7.3%
/yr
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth is a debt fund. This fund was started on 7 December, 2022. The fund is managed by Anju Chhajer. This fund is suitable to keep your money safe.
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth has given a CAGR return of 7.28% since inception. Over the last 1 year the fund has given a CAGR return of 8.03%.
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are Goi 12.04.2026 Gov, Goi 12.04.2026 Gov
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.
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
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth has no lock in period.
Expense ratio | 0.05% |
Benchmark | CRISIL Medium Term Debt TR INR |
AUM | ₹0 Cr |
Inception Date | 7 December, 2022 |
Min Lumpsum/SIP | --/-- |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 99.33% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (05-Sep-24)
as on (31-Dec-69)
Top Sector in July was Government
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 4.07% | 4.07% |
1 Year Returns | 8.03% | 8.03% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
AAA | 100 |