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
TER: 0.64% As on (31-01-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 6,984.29 Cr As on (31-01-2024)
Turn over: - | Exit Load: Exit load of 1%

16.0084

8.8%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
Nifty 10 year Benchmark G-Sec Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

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 4.94
Sharpe Ratio -0.2
Alpha 7.33
Beta 4.49
Yield to Maturity 7.37
Average Maturity 20.98

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 9.56 6.45 5.59 8.07 -
SBI Long Duration Fund - Regular Plan - Growth 21-12-2022 10.54 - - - -
HDFC Long Duration Debt Fund - Growth Option 20-01-2023 10.41 - - - -
Aditya Birla Sun Life Long Duration Fund-Regular Growth 05-08-2022 9.94 - - - -
Axis Long Duration Fund - Regular Plan - Growth 27-12-2022 9.52 - - - -
ICICI Prudential Long Term Bond Fund - Growth 09-07-1998 9.0 5.36 4.64 6.81 8.09
BANDHAN Bond Fund - Income Plan - Regular Plan - Growth 14-07-2000 7.74 4.13 4.1 6.4 7.36

Scheme Characteristics

Investment in Debt & Money Market Instruments such that the Macaulay duration of the portfolio is greater than 7 years.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

Tax Benefits of investing in this fund

Capital gains will be deemed as short-term capital gains (STCG) for units acquired on or after April 1, 2023 and will be taxed at the applicable income tax slab rate**.

Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.

** Capital gains on sale of units acquired on or before March 31, 2023 & redeemed on or after April 1, 2023 will be taxed as below:

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months.

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.

Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months.

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