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​​​​​​​​​​​​ ​​​​​Home Funds and Performance Nippon India-Gilt-Securities-Fund​.​ ​​​​​​

Nippon India Gilt Securities Fund

An open ended debt scheme investing in government securities across maturity

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This product is suitable for investors who are seeking*:

  • Income over long term.
  • Investment in Government securities across maturity

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

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  • Investment Objective:
    The primary investment objective of the scheme is to generate optimal credit risk-free returns by investing in a portfolio of securities issued and guaranteed by the Central Government and State Government.

Fund PerformanceGrowth Plan Growth Option

  • Latest NAV (03 Apr 2020)28.1776


NAV as on Feb 29, 2020: ` 28.0896

Performance of Nippon India Gilt Securities Fund as on 29/02/2020
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Nippon India Gilt Securities Fund 15.279.219.229.37
B: CRISIL Dynamic Gilt Index12.937.878.258.89
AB: Crisil 10 Yr Gilt Index13.286.697.707.67
Value of `10000 Invested
Nippon India Gilt Securities Fund 11,527 13,026 15,551 28,090
B: CRISIL Dynamic Gilt Index 11,293 12,553 14,872 26,685
AB: Crisil 10 Yr Gilt Index 11,328 12,143 14,498 23,428
Inception Date: Aug 22, 2008
​​​B - Benchmark    |   AB - Additional Benchmark   
​​​Fund Manager: Prashant Pimple (Since Oct 2008 till 31st Jan,2020), Hardik Shah w.e.f. 1st Feb,2020​
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​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER : Hardik Shah

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Nippon India Nivesh Lakshya Fund18.5517.04N.A.N.A.N.A.N.A.
Nippon India Banking & PSU Debt Fund11.6010.778.107.43N.A.N.A.
Nippon India Dynamic Bond Fund11.0713.216.528.097.038.54
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Note:

a. ​Mr. Hardik Shah manages 4 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan) .

*The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using Dividend Reinvestment NAV's.​

Mr. Hardik Shah has been managing Nippon India Banking & PSU Debt Fund since Feb 2020, Nippon India Dynamic Bond Fund since Feb 2020, Nippon India Gilt Securities Fund since Feb 2020, Nippon India Nivesh Lakshya Fund since Feb 2020

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other Investment. Dividends (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted. Performance of dividend option would be Net of Dividend distribution tax, if any. Face value of scheme is `10/- per unit. Face Value of Nippon India Low Duration Fund is `1000/- per unit. Face Value of Nippon India Money Market Fund, Nippon India Liquid Fund, Nippon India Ultra Short Duration Fund is `1000/- per unit w.e.f 5th Aug 2012. Face value of Nippon India ETF Junior BeES is `1.25/- per unit. Face value of Nippon India ETF Liquid BeES is `1000/- per unit. Face Value of Nippon India ETF Nifty BeES, Nippon India ETF Bank BeES, Nippon India ETF PSU Bank BeES, Nippon India ETF NV20, Nippon India ETF Hang Seng BeES has changed from `10/- per unit to `1/- per unit w.e.f 20th Dec 2019. Face value of Nippon India ETF Gold BeES has changed from `100/- per unit to `1/- per unit w.e.f 20th Dec 2019.​ Face value of Nippon India Overnight Fund is `100/- per unit. In case, the start/end date of the concerned period is non-business day (NBD), the NAV of the previous date is considered for computation of returns. Schemes which have not completed one year, performance details for the same are not provided. Performance details of closed ended schemes are not provided since these are not comparable with other schemes.​​​​​​Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan) .

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Fund Details

  • Inception Date22 Aug 2008
  • Fund ManagerHardik Shah
Current Investment Philosophy
    • The fund will follow two pronged strategy: Core and Tactical
    • Core strategy to reflect medium to long term view on interest rates and yield curve
    • Tactical strategy to benefit out of short term opportunities in the market
    • Strategy will be implemented through high grade assets like G-Secs/SDLs to generate alpha by actively using G-Secs, IRF and IRS curve.
Minimum Investment
5000.00

    and in multiples of Re. 1 thereafter

Fund Manager
Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load**:

0.25%, if units redeemed or switched out on or before completion of 7 days from the date of allotment of units.

Nil, thereafter.

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • Income over long term.
  • Investment in Government securities across maturity

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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Details as on Feb 29 , 2020

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