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​​​​​​​​​​​​​ ​​​​​Home Funds and Performance Nippon India Income Fund​.​ ​​​​​​​

Nippon India Income Fund

An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 to 7 years. (Please refer to the page number 14 of the Scheme Information Document on which the concept of Macaulay’s Duration has been explained)

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This product is suitable for investors who are seeking*:

  • Income over long term.
  • Investment in debt and money market instruments with portfolio Macaulay Duration of 4 - 7 yrs

*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 returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio.Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (10 Aug 2020)69.8218


NAV as on Jun 30, 2020: ` 69.5129

Performance of Nippon India Income Fund as on 30/06/2020
Particulars1 Year CAGR %
3 Year CAGR %5 Year CAGR %Since Inception
Nippon India Income Fund 12.448.189.099.00
B: NIFTY Medium to Long Duration Debt Index13.518.319.04N.A.
AB: Crisil 10 Yr Gilt Index11.126.878.44N.A.
Value of `10000 Invested
Nippon India Income Fund 11,255 12,663 15,461 69,514
B: NIFTY Medium to Long Duration Debt Index 11,363 12,710 15,421 N.A.
AB: Crisil 10 Yr Gilt Index 11,122 12,208 15,004 N.A
Inception Date: Jan 01, 1998
B - Benchmark    |   AB - Additional Benchmark   
Fund Manager:Vivek Sharma w.e.f. 1st Feb,2020
NA stands for schemes in existence for more than 1 year but less than 3 years or 5 years or instances where benchmark data for corresponding period is not available.

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER ​: Vivek Sharma

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Banking & PSU Debt Fund12.7811.668.807.918.948.31
Nippon India Dynamic Bond Fund10.8013.316.808.398.409.32
Nippon India Prime Debt Fund9.049.357.447.887.858.05
Bottom 3
Nippon India Low Duration Fund8.788.037.177.587.537.74
Nippon India Short Term Fund5.714.306.194.936.195.30
Nippon India Ultra Short Duration Fund1.947.194.517.565.357.66

Note:

a.Mr. Vivek Sharma manages 7 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).

Mr. Vivek Sharma has been managing Nippon India Ultra Short Duration Fund since Oct 2013, Nippon India Income Fund since Feb 2020, Nippon India Prime Debt Fund since Feb 2020, Nippon India Short Term Fund since Feb 2020, Nippon India Low Duration Fund since Feb 2020, Nippon India Banking & PSU Debt Fund since Jun 2020, Nippon India Dynamic Bond Fund since Jun 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) .

Note:

##The Scheme Returns are inclusive of the impact of Segregation of portfolio in the respective schemes. For impact on NAV on account of Segregation of portfolio, please refer SID/KIM of the relevant Schemes​.






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Fund Details

  • Inception Date1 Jan 1998
  • Fund ManagerMr.Vivek Sharma
Current Investment Philosophy
    • The fund will follow two pronged strategy: Core and Tactical
      a)Core strategy to reflect medium to long term view on interest rates and yield curve.
      b)Tactical strategy to benefit out of short term opportunities in the market.
    • Strategy will be implemented through high grade assets like G-Secs/ SDLs/ Corporate Bonds to generate alpha by actively using G-Secs, IRF and IRS curve.
Minimum Investment
5000.00

    and in multiples of `1 thereafter for Growth Option For Monthly Dividend option - `25000 & in multiples of `1 thereafter For Quarterly Dividend option - `10000 & in multiples of `1 thereafter For Half Yearly Dividend option - `5000 & in multiples of `1 thereafter For Annual Dividend option - `5000 & in multiples of `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 15 days from the date of allotment of units.

Nil, thereafter.

Exit load levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date.

**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 debt and money market instruments with portfolio Macaulay Duration of 4 - 7 yrs

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



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Details as on Jun 30 , 2020

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Other funds in such category

Nippon India Dynamic Bond Fund An open ended dynamic debt scheme investing across duration-Growth Plan - Growth Option

Latest NAV

28.5035 10-Aug-2020

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