- Mutual Funds
- Nippon Mutual Fund
- Nippon India Gilt Securities Fund Mnthly (RIDCW-M)
Formerly Nippon India Gilt Sec Mn DR
Gilt funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Gilt Funds are mandated to invest a minimum of 80% of their total assets in Government Securities.
Such a strategy results in a very high credit quality of the fund.
Gilt Funds tend to take a large exposure to long dated instruments making them highly volatile when interest rate changes.We do not recommend funds in this category since we believe that the high volatility of the category is not suited for individual investors.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.5372
NAV (Apr 18)
Fund Returns
Last 1Y | 6.6% |
Last 3Y | 5% |
Last 5Y | 6.4% |
Last 10Y | 6.9% |
Since Inception | 6.5% |
6 Month CAGR | 4.6% |
Scheme Information
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.
Expense Ratio | 1.41 |
Launched (16y ago) | Aug 22, 2008 |
AUM in Crores | 1546.552 |
ISIN | INF204K01BW0 |
Lock-in | No Lock-in |
Benchmark | NIFTY All Duration G-Sec TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 2.2 |
Standard Deviation (5yr) | 3 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.033 |
Sharpe Ratio (5yr) | 0.426 |
YTM | 7.27 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Gilt Securities Fund Mnthly (RIDCW-M) | 8,54,866 | 1,22,254 | 6.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.18% govt stock 2037
44.6%7.26% govt stock 2033
19.7%7.18% govt stock 2033
15%7.3% govt stock 2053
3.3%6.67% govt stock 2035
2.5%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Nippon Life India Asset Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.5% | 6.9% | ||
5.5% | 6.7% | ||
5.5% | 5.8% | ||
5.5% | 6.7% | ||
5.5% | 5.8% |
Nippon India Gilt Securities Fund Mnthly (RIDCW-M) Review
Nippon India Gilt Securities Fund Mnthly (RIDCW-M) is a Gilt Debt fund and has delivered an annualised return of 6.5% over a period of 15 years. The fund was previously known as Nippon India Gilt Sec Mn DR. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Kinjal Desai, Pranay Sinha.
Nav of Nippon India Gilt Securities Fund Mnthly (RIDCW-M) as of 4/18/2024 is ₹10.54 with the total AUM as of 4/19/2024 is ₹1546.552. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Gilt Securities Fund Mnthly (RIDCW-M) was launched on Aug 22, 2008. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Nippon India Gilt Securities Fund Mnthly (RIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Nippon India Gilt Securities Fund Mnthly (RIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY All Duration G-Sec TR INR.
Nippon India Gilt Securities Fund Mnthly (RIDCW-M) is rated as a 2 fund in Debt and delivered 6.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Gilt Securities Fund Mnthly (RIDCW-M).
Frequently Asked Questions
What is Nippon India Gilt Securities Fund Mnthly (RIDCW-M)?
How to invest in Nippon India Gilt Securities Fund Mnthly (RIDCW-M)?
You can invest in Nippon India Gilt Securities Fund Mnthly (RIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Nippon India Gilt Securities Fund Mnthly (RIDCW-M)?
The minimum sip amount for Nippon India Gilt Securities Fund Mnthly (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is Nippon India Gilt Securities Fund Mnthly (RIDCW-M) good to invest in?
As per Scripbox experts, Nippon India Gilt Securities Fund Mnthly (RIDCW-M) is a Neutral fund. You can investNippon India Gilt Securities Fund Mnthly (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Nippon India Gilt Securities Fund Mnthly (RIDCW-M)?
The expense ratio of the Nippon India Gilt Securities Fund Mnthly (RIDCW-M) is 1.41% for regular plan.