Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth
Debt
Direct
Fixed Maturity Ultrashort Bond
NAV as on 05-03-2025
₹ 35.84
Inception Returns
7%
/yr
About Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth
Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth is a debt fund. This fund was started on 8 August, 2013. The fund is managed by Siddharth Deb, Vikash Agarwal. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth has ₹31 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.
Returns
Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth has given a CAGR return of 6.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.16%, 6.82% and 5.51% respectively.
Holdings
Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are
Taxation
As it is a fixed maturity ultrashort 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:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth
The investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and Other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth has no lock in period.
Historical NAV & Returns
Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth Overview
| Expense ratio | 0.04% |
Benchmark | CRISIL Liquid Debt TR INR |
| AUM | ₹31 Cr |
| Inception Date | 8 August, 2013 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 267.06% |
| 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 |   Low to Moderate Risk |
Trailing Returns
as on (05-Mar-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 31.2 Cr as of Jan'25
- AUM increased by 0.2 Cr between Jan'25 and Dec'24
Top 2 Sectors in January were Corporate, Government
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth | 7.16% | 6.82% | 5.51% | 6.97% |
Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹31 Cr
Expense Ratio 0.04%
Frequently Asked Questions for Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth
Nippon India Interval Fund Quarterly Interval Fund Series II Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.47% | 0.47% |
6 Month Returns | 3.38% | 3.38% |
1 Year Returns | 7.16% | 7.16% |
3 Years Returns | 21.88% | 6.82% |
5 Years Returns | 30.77% | 5.51% |
- 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 |