Nippon India Nivesh Lakshya Fund- Growth Option
(Erstwhile Reliance Nivesh Lakshya Fund- Growth Option)
Fund House: Nippon India Mutual Fund| Category: Debt: Long Duration |
| Launch Date: 05-07-2018 |
| Asset Class: Fixed Income |
| Benchmark: CRISIL Long Duration Fund AIII Index |
| Expense Ratio: 0.63% As on (28-02-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 2,949.05 Cr As on (28-02-2023) |
| Turn over: - | Exit Load: For units in excess of 20% of the investment,1% will be charged for redemption within 1080 days |
14.7113
-0.01 (-0.0469%)
8.64%
Benchmark: 8.07%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks to generate optimal returns consistent with moderate levels of risk.This income may be complemented by capital appreciation of the portfolio.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 5.3 |
| Sharpe Ratio | 0.12 |
| Alpha | 6.47 |
| Beta | 4.62 |
| Yield to Maturity | 7.55 |
| Average Maturity | 21.64 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Nippon India Nivesh Lakshya Fund- Growth Option | 05-07-2018 | 4.94 | 3.36 | 4.82 | - | - |
| ICICI Prudential Long Term Bond Fund - Growth | 09-07-1998 | 3.46 | 2.57 | 4.09 | 6.44 | 7.21 |
| BANDHAN Bond Fund - Income Plan - Regular Plan - Growth | 14-07-2000 | 1.8 | 2.72 | 4.41 | 6.32 | 6.98 |
Scheme Characteristics
Investment in Debt & Money Market Instruments such that the Macaulay duration of the portfolio is greater than 7 years.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
Scheme Documents
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund
