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Fincash » Mutual Funds » Nippon India Income Fund

Nippon India Income Fund - G

NAV  ₹81.2616 ↑ 0.18  (0.23 %) as on 22 Apr 24

Scheme Objective

The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.

Nippon India Income Fund is a Debt - Medium to Long term fund launched on 1 Jan 98. It is a fund with Moderate risk and has given a CAGR return of 8.3% since its launch.  Ranked 28 in Medium to Long term category.  Return for 2023 was 6.8% , 2022 was 3.3% and 2021 was 1.2% .

Below is the key information for Nippon India Income Fund

NAV as on 22 Apr 24₹81.2616 ↑ 0.18  (0.23 %)
Net Assets (AUM) as on 31 Mar 2024 ₹283 Cr.
Launch Date1 Jan 1998
CategoryDebt - Medium to Long term
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity7.2%
Effective Maturity10 Years 6 Months 11 Days
Modified Duration6 Years 5 Months 26 Days
Alpha Ratio0.0
Expense Ratio1.7 %
Sharpe Ratio0.412
Information Ratio0.0
BenchmarkNot Available
ISININF204K01CL1
AMCNippon Life Asset Management Ltd.
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-15 Days (0.25%),15 Days and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Apr 24

DurationReturns
1 Month -0.3%
3 Month 1.4%
6 Month 4.1%
1 Year 6.2%
3 Year 4.7%
5 Year 6.6%
10 Year
15 Year
Since launch 8.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 6.8%
2022 3.3%
2021 1.2%
2020 10.5%
2019 11.4%
2018 6.1%
2017 2.4%
2016 13.8%
2015 5.1%

Growth of 10k Over Years

DateValue
31 Mar 19₹10,000
31 Mar 20₹11,260
31 Mar 21₹11,869
31 Mar 22₹12,195
31 Mar 23₹12,794
31 Mar 24₹13,789
Nippon India Income Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash7.82%
Debt91.94%
Other0.24%
Nippon India Income Fund Asset Allocation

Sector Allocation

SectorValue
Government86.68%
Cash Equivalent7.82%
Corporate5.26%
RatingValue
AAA100%
Nippon India Income Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
30%₹86 Cr8,500,000
7.18% Govt Stock 2037
Sovereign Bonds | -
18%₹50 Cr5,000,000
7.1% Govt Stock 2029
Sovereign Bonds | -
16%₹45 Cr4,500,000
7.3% Govt Stock 2053
Sovereign Bonds | -
9%₹25 Cr2,500,000
7.54% Govt Stock 2036
Sovereign Bonds | -
7%₹21 Cr2,050,000
LIC Housing Finance Ltd
Debentures | -
5%₹15 Cr150
↑ 150
7.37% Govt Stock 2028
Sovereign Bonds | -
4%₹10 Cr1,000,000
↑ 1,000,000
Indian Railway Finance Corporation Limited
Debentures | -
2%₹5 Cr50
5.85% Govt Stock 2030
Sovereign Bonds | -
1%₹3 Cr314,300
Corporate Debt Market Development Fund Class A2
Investment Fund | -
0%₹1 Cr662
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Fund Managers

NameSinceTenure
Vivek Sharma1 Feb 204.17 Yr.
Kinjal Desai25 May 185.86 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Nippon India Income Fund
Annual Dividend, Payout
₹12.678
↑ 0.03
-3.75 %-1.78 %0.72 %3.39 %
Nippon India Income Fund
Annual Dividend, Reinvestment
₹12.678
↑ 0.03
-3.75 %-1.78 %0.72 %3.39 %
Nippon India Income Fund
Quarterly Dividend, Payout
₹12.9204
↑ 0.03
3.99 %6.02 %4.6 %5.8 %
Nippon India Income Fund
Quarterly Dividend, Reinvestment
₹12.9204
↑ 0.03
3.99 %6.02 %4.6 %5.8 %
Nippon India Income Fund
Monthly Dividend, Payout
₹10.7087
↑ 0.02
4.03 %4.99 %4.67 %5.94 %
Nippon India Income Fund
Monthly Dividend, Reinvestment
₹10.7087
↑ 0.02
4.03 %4.99 %4.67 %5.94 %
Nippon India Income Fund
Half-Yearly Dividend, Reinvestment
₹12.2792
↑ 0.03
3.91 %5.91 %4.58 %5.69 %
Nippon India Income Fund
Growth
₹81.2616
↑ 0.18
4.06 %6.19 %4.7 %6.58 %
Nippon India Income Fund
Half-Yearly Dividend, Payout
₹12.2792
↑ 0.03
3.91 %5.91 %4.58 %5.69 %
Data as on 22 Apr 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.