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Home Mutual FundsDebtLong Duration FundNippon India Nivesh Lakshya Fund

Nippon India Nivesh Lakshya Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Long Duration Fund category.

The NAV for Nippon India Nivesh Lakshya Fund Fund is 17.027 as of 22 Nov 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 6.46% annualized return for the last 3 years.

At present Nippon India Nivesh Lakshya Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of   ₹    for

Below table shows comparison of Nippon India Nivesh Lakshya Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of ₹36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

40,960

4,960

8.54%
Bank FD

39,824

3,824

 6.5%
Gold

40,770

4,770

 8.00%

Fund Information

  • As of 31 Jan 2024, fund size of Nippon India Nivesh Lakshya Fund is 6,984.29 Cr.

  • Nippon India Nivesh Lakshya Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.64%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Nippon India Nivesh Lakshya Fund is an Debt oriented mutual fund in the - Long Duration Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for Nippon India Nivesh Lakshya Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 05 Jul 2018 as at present it is 6 years old fund.

  • Name of the AMC is Nippon India Mutual Fund. Click here to know more about Nippon India Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Nippon India Nivesh Lakshya Fund managed by following fund manager(s);

How does the Return Comparison of the Nippon India Nivesh Lakshya Fund fare against peer funds in the Long Duration fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Nippon India Nivesh Lakshya Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Long Duration fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.62% 1.81% 6.57% 6.57% 9.21% 4.43% 4.56% 9.16% 8.05%
Category Average 0.39% 1.23% 4.73% 4.73% 5.81% 3.43% 3.67% 7.72% 7.67%
Nippon India Nivesh Lakshya Fund -0.20% -0.40% 1.06% 4.48% 11.20% 8.97% 6.46% 6.94% -
ICICI Prudential Long Term Bond Fund 0.04% 0.21% 1.66% 4.41% 10.14% 8.09% 5.41% 5.79% 7.44%
Bandhan Bond Fund - Long Term Plan 0.04% -0.09% 0.97% 3.45% 8.34% 6.73% 4.51% 5.33% 6.81%
Aditya Birla Sun Life Long Duration Fund -0.08% -0.27% 1.40% 4.49% 10.56% 8.57% - - -
Axis Long Duration Fund -0.16% -0.71% 0.61% 4.09% 11.02% - - - -
SBI Long Duration Fund -0.08% -0.52% 0.82% 4.23% 11.42% - - - -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Nippon India Nivesh Lakshya Fund are shown below;

Equity -

Debt 97.18%

Others 2.82%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 17279 GOI 01DC44 8.17 FV RS 100 34.82%
GOVERNMENT OF INDIA 17714 GOI 22JU45 8.13 FV RS 100 16.00%
GOVERNMENT OF INDIA 18782 GOI 10OT46 7.06 FV RS 100 13.03%
GOVERNMENT OF INDIA 16634 GOI 23DC43 9.23 FV RS 100 10.23%
GOVERNMENT OF INDIA 30951 GOI 15DC51 6.99 FV RS 100 5.26%
Others 20.66%
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Allocation by Instruments

Type of the InstrumentHolding Percentage
GOVERNMENT SECURITIES 97.18%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Moderate risk