Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth
Debt
Direct
Government Bond
NAV as on 22-11-2024
₹ 40.89
1D
Inception Returns
9.4%
/yr
About Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth
Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth is a debt fund. This fund was started on 23 July, 2013. The fund is managed by Pranay Sinha, Kinjal Desai. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth has ₹2094 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth has given a CAGR return of 9.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.10%, 6.36% and 6.97% respectively.
Holdings
Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 7.34% Govt Stock 2064, 7.3% Govt Stock 2053, 7.09% Govt Stock 2054, 7.18% Govt Stock 2033
Taxation
As it is a government 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 Gilt Securities Fund Defined Maturity Date Direct Growth
The primary investment objective of the scheme is to generate optimal credit risk-free returns by investing in a portfolio of securities issued and guaranteed by the Central Government and State Government.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth has no lock in period.
Historical NAV & Returns
Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth Overview
| Expense ratio | 0.5% |
Benchmark | ICICI Securities Mibex TR INR |
| AUM | ₹2094 Cr |
| Inception Date | 23 July, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 293.51% |
| STCG | Selling 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 (22-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 2.2K Cr as of Oct'24
- AUM increased by 185.3 Cr between Oct'24 and Sep'24
Top Sector in October was Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2034 | 15.04% | -6.8% | |
7.34% Govt Stock 2064 | 13.38% | 14.9% | |
7.3% Govt Stock 2053 | 11.35% | 0% | |
7.09% Govt Stock 2054 | 8.41% | 0% | |
7.18% Govt Stock 2033 | 7.29% | 26.9% |
Mutual Fund Insights
Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹2094 Cr
Expense Ratio 0.5%
Frequently Asked Questions for Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth
Nippon India Gilt Securities Fund Defined Maturity Date Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.06% | -0.06% |
6 Month Returns | 4.55% | 4.55% |
1 Year Returns | 10.1% | 10.1% |
3 Years Returns | 20.3% | 6.36% |
5 Years Returns | 40.09% | 6.97% |
- 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 |