Medium to long duration 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.
Medium to Long Duration Funds invest in debt and money market instruments such that the duration of the portfolio is between 3 to 4 years.
The tenure of the instruments held by these funds exposes them to very high degrees of variations when interest rate changes.Funds in this category tend to invest in instruments that are highly rated.This is a small category(less than 1 % of total debt fund assets).We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
The performance of the fund on a Fund Size metric has been Neutral
The performance of the fund on a Rolling Returns metric has been Good
NAV (Sep 22)
6 Month CAGR
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.
Launched (25y ago)
Jan 01, 1998
AUM in Crores
NIFTY Medium to Long Dur Debt TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Nippon India Income Fund (RIDCW-6M)||8,34,080||1,01,468||5.4%|
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.
7.26% govt stock 203340.3%
7.54% govt stock 20369.1%
7.1% govt stock 20298.7%
7.06% govt stock 20288.7%
7.38% govt stock 20277%
|Fund Name||Fund Size||Rolling Returns|
₹ 44,468 cr
₹ 18,357 cr
₹ 10,408 cr
₹ 14,357 cr
₹ 9,121 cr
Nippon Life India Asset Management Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
Nippon India Income Fund (RIDCW-6M) is a Medium To Long Duration Debt fund and has delivered an annualised return of 7.1% over a period of 25 years. The fund was previously known as Nippon India Income HY DR. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Akshay Sharma, Kinjal Desai, Vivek Sharma.
Nav of Nippon India Income Fund (RIDCW-6M) as of 9/22/2023 is ₹12.33 with the total AUM as of 9/23/2023 is ₹286.552. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Income Fund (RIDCW-6M) was launched on Jan 01, 1998. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Nippon India Income Fund (RIDCW-6M) 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 Income Fund (RIDCW-6M) 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 Medium to Long Dur Debt TR INR.
Nippon India Income Fund (RIDCW-6M) is rated as a 3 fund in Debt and delivered 7.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Income Fund (RIDCW-6M).
What is Nippon India Income Fund (RIDCW-6M)?
How to invest in Nippon India Income Fund (RIDCW-6M)?
You can invest in Nippon India Income Fund (RIDCW-6M) 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 Income Fund (RIDCW-6M)?
The minimum sip amount for Nippon India Income Fund (RIDCW-6M) is ₹1000. You can invest in multiples of ₹5000.
Is Nippon India Income Fund (RIDCW-6M) good to invest in?
As per Scripbox experts, Nippon India Income Fund (RIDCW-6M) is a Neutral fund. You can investNippon India Income Fund (RIDCW-6M) 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 Income Fund (RIDCW-6M)?
The expense ratio of the Nippon India Income Fund (RIDCW-6M) is 1.37% for regular plan.