NAV (Nov 24)
6 Month CAGR
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 5 Yr Benchmark G-Sec Index before expenses,subject to tracking errors. However,there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Low to Moderate
Launched (2y ago)
Apr 07, 2021
AUM in Crores
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
|Fund Name||Till Date CAGR|
Nippon India ETF Nifty 5 Yr Benchmark G Sec (G) is an Exchange Traded Fund which is benchmarked to Nifty 5 yr Benchmark G-sec TR INR. Nippon India ETF Nifty 5 Yr Benchmark G Sec (G) is managed by the Nippon Life India Asset Management Ltd with the fund managers being Pranay Sinha, Siddharth Deb. The Nippon India ETF Nifty 5 Yr Benchmark G Sec (G) was launched on Apr 07, 2021 with no lock-in period. Since its inception, the fund has delivered 4.5% as a return on investment. The fund has delivered a 1-year return of 6.6%, a 3-year return of null%, and a 5-year return of null%.
As on 24 Nov, 2023 the NAV of the fund is Rs 53.52 and the AUM is Rs 153.50 crores. The fund charges an expense ratio of 0.09% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.
Since the scheme is benchmarked to Nifty 5 yr Benchmark G-sec TR INR, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Nippon India ETF Nifty 5 Yr Benchmark G Sec (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.
Scripbox provides a unique feature through which you can compare the performance of Nippon India ETF Nifty 5 Yr Benchmark G Sec (G) with another fund in a similar category. This way you can make a well-informed investment decision.