Fund Performance
Lumpsum
SIP
3.54
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,100 today.
NAV Performance
Fund Information
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₹ 78.990
as on 08 Dec 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 248 Cr.
as on 31 May 2023 -
1.69%
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02 Jan 2013
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CRISIL 10 Year Gilt Index
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Nippon India Mutual Fund
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Highlights of this fund
Nippon India Income Fund is an Open-ended Debt Fund. The fund belongs to Medium to Long Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 02 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Debt funds offered by Nippon India Mutual Fund.
Latest NAV of the fund is ₹ 78.990 as on 08 Dec 2023.
This fund has 10 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.69%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk.
List of Fund Managers of Nippon India Income Fund
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About Kinjal Desai
Kinjal Desai is Fund Manager – Overseas at Reliance Mutual Fund. Kinjal has obtained her Masters in Economics from Warwick University, UK. She has a total experience of 6 years as Research Analyst – Equities at Reliance Mutual Fund where she started her career as an Associate.
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About Vivek Sharma
Vivek Sharma, Fund Manager Fixed has total 9 years experience with Reliance Mutual Fund Assisting in actively managing the duration and asset-allocation of various debt portfolios such as Income Fund, Gilt Fund, Dynamic Bond Fund, Ultra Short Term Fund, FMPs, Credit Fund, Liquid Fund & Liquid Plus Funds. Vivek Sharma joined RNAM in 2006 as Management Trainee & has been working with Fixed Income Team since 2007.
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About Akshay Sharma
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.39% | 0.52% | 1.59% | 2.63% | 6.94% | 7.57% | 8.38% | 7.32% | 7.91% | 6.92% | 6.77% | 8.13% | 6.94% | 7.11% |
| Category Average | 0.21% | 0.38% | 0.92% | 1.37% | 5.24% | 3.77% | 3.85% | 5.66% | 6.85% | 5.26% | 5.33% | 4.66% | 4.97% | 5.80% |
| Nippon India Income Fund | 0.36%₹ 10,036 | 0.45%₹ 10,044 | 0.92%₹ 10,091 | 1.62%₹ 10,161 | 5.89%₹ 10,589 | 5.53%₹ 12,356 | 4.30%₹ 10,879 | 5.79%₹ 25,460 | 3.54%₹ 11,100 | 4.86%₹ 38,762 | 6.62%₹ 13,783 | 5.18%₹ 68,395 | 7.42%₹ 20,479 | 6.41%₹ 1,66,840 |
| SBI Magnum Income Fund | 0.24%₹ 10,023 | 0.48%₹ 10,047 | 1.16%₹ 10,115 | 2.17%₹ 10,216 | 6.58%₹ 10,658 | 6.31%₹ 12,406 | 4.66%₹ 10,952 | 6.20%₹ 25,566 | 4.45%₹ 11,395 | 5.34%₹ 39,047 | 7.32%₹ 14,244 | 6.07%₹ 69,953 | 7.83%₹ 21,274 | 7.11%₹ 1,73,019 |
| ICICI Prudential Bond Fund | 0.25%₹ 10,025 | 0.51%₹ 10,051 | 1.47%₹ 10,146 | 2.63%₹ 10,262 | 6.94%₹ 10,694 | 6.92%₹ 12,445 | 4.74%₹ 10,969 | 6.59%₹ 25,665 | 4.32%₹ 11,351 | 5.54%₹ 39,160 | 7.13%₹ 14,113 | 5.96%₹ 69,745 | 7.91%₹ 21,424 | 6.88%₹ 1,70,995 |
| Aditya Birla Sun Life Income Fund | 0.27%₹ 10,026 | 0.49%₹ 10,049 | 0.83%₹ 10,082 | 1.66%₹ 10,165 | 5.85%₹ 10,584 | 5.36%₹ 12,345 | 3.91%₹ 10,796 | 5.27%₹ 25,330 | 4.14%₹ 11,295 | 4.75%₹ 38,700 | 6.96%₹ 14,001 | 5.61%₹ 69,137 | 7.66%₹ 20,930 | 6.65%₹ 1,68,905 |
| K Bond Fund Regular | 0.30%₹ 10,030 | 0.52%₹ 10,051 | 1.14%₹ 10,114 | 2.01%₹ 10,201 | 5.97%₹ 10,596 | 5.83%₹ 12,375 | 3.56%₹ 10,724 | 5.40%₹ 25,363 | 3.47%₹ 11,078 | 4.56%₹ 38,590 | 6.54%₹ 13,734 | 5.20%₹ 68,425 | 7.19%₹ 20,043 | 6.18%₹ 1,64,813 |
| UTI Bond Fund | 0.26%₹ 10,026 | 0.41%₹ 10,041 | 0.53%₹ 10,053 | 1.16%₹ 10,116 | 5.66%₹ 10,565 | 4.87%₹ 12,314 | 7.57%₹ 11,571 | 6.77%₹ 25,711 | 8.38%₹ 12,729 | 8.13%₹ 40,704 | 3.99%₹ 12,163 | 6.94%₹ 71,482 | 6.21%₹ 18,286 | 5.37%₹ 1,58,018 |
Portfolio Holdings
Top Debt Instrument Type holdings of Nippon India Income Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| GOI | 70.47% | ₹ 189.23 Cr. |
| NCD & Bonds | 17.15% | ₹ 46.08 Cr. |
| Others | 12.38% | - |
Top Debt Holdings of Nippon India Income Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 70.47% | ₹ 189.23 Cr. |
| Bond - Bharat Sanchar Nigam Limited | 3.92% | ₹ 10.53 Cr. |
| Bond - Mahanagar Telephone Nigam Ltd. | 3.84% | ₹ 10.32 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 3.75% | ₹ 10.07 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 3.74% | ₹ 10.06 Cr. |
| Others | 14.28% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 10.75% |
| Net Receivables | 1.47% |
| Margin | 0.16% |