Nippon India Fixed Horizon Fund XLV Series 5 Direct Growth
Debt
Direct
Fixed Maturity Short-Term Bond
NAV as on 05-09-2024
₹ 11.32
Inception Returns
9%
/yr
About the Fund
Nippon India Fixed Horizon Fund XLV Series 5 Direct Growth is a debt fund. This fund was started on 31 March, 2023. The fund is managed by Anju Chhajer. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Fixed Horizon Fund XLV Series 5 Direct Growth has ₹0 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 XLV Series 5 Direct Growth has given a CAGR return of 9.03% since inception. Over the last 1 year the fund has given a CAGR return of 8.89%.
Holdings
Nippon India Fixed Horizon Fund XLV Series 5 Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are National Bank For Agriculture And Rural Development, Mindspace Business Parks Reit, Rural Electrification Corporation Limited, Power Finance Corporation Limited, Nuvoco Vistas Corporation Limited
Taxation
As it is a fixed maturity short-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 XLV Series 5 Direct Growth
The 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 XLV Series 5 Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.1% |
Benchmark | CRISIL Medium Term Debt TR INR |
| AUM | ₹0 Cr |
| Inception Date | 31 March, 2023 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 44.52% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Dec-69)
Top 2 Sectors in July were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 9.4% | 0% | |
Mindspace Business Parks Reit | 8.26% | 0% | |
Rural Electrification Corporation Limited | 7.98% | 0% | |
Power Finance Corporation Limited | 7.1% | 0% | |
Nuvoco Vistas Corporation Limited | 6.79% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Nippon India Fixed Horizon Fund XLV Series 5 Direct Growth | 8.89% | - | - | 9.03% |
Nippon India Fixed Horizon Fund XLV Series 5 Direct Growth Highlights
Moderately High risk
About the fund
Expense Ratio 0.1%
Frequently Asked Questions
Nippon India Fixed Horizon Fund XLV Series 5 Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 4.54% | 4.54% |
1 Year Returns | 8.89% | 8.89% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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AAA | 48.8 |
AA | 26.49 |
A | 24.71 |