- Mutual Funds
- Nippon Mutual Fund
- Nippon India Income Fund (RIDCW-Q)
Formerly Nippon India Income Qt DR
Nippon India Income Fund (RIDCW-Q)
₹ 12.9354
NAV (Nov 28)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 12.9354
NAV (Nov 28)
Fund Returns
Last 1Y | 5.7% |
Last 3Y | 3.4% |
Last 5Y | 5.9% |
Last 10Y | 5.9% |
Since Inception | 7.3% |
6 Month CAGR | 1.4% |
Scheme Information
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.
Expense Ratio | 1.37 |
Launched (25y ago) | Jan 01, 1998 |
AUM in Crores | 266.518 |
ISIN | INF204K01CQ0 |
Lock-in | No Lock-in |
Benchmark | NIFTY Medium to Long Dur Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 10000 |
Standard Deviation (3yr) | 2.6 |
Standard Deviation (5yr) | 3.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.627 |
Sharpe Ratio (5yr) | 0.24 |
YTM | 7.52 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Income Fund (RIDCW-Q) | 8,44,389 | 1,11,777 | 5.9% | |
| 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
29.6%7.26% govt stock 2033
16.9%7.54% govt stock 2036
9.7%7.1% govt stock 2029
9.3%7.3% govt stock 2053
9.2%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 40,756 cr | ||
₹ 16,858 cr | ||
₹ 11,326 cr | ||
₹ 13,754 cr | ||
₹ 10,873 cr |
About the AMC
Nippon Life India Asset Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.9% | 6.8% | ||
4.9% | 6.6% | ||
4.9% | 5.7% | ||
4.9% | 6.6% | ||
4.9% | 5.7% |
Nippon India Income Fund (RIDCW-Q) Review
Nippon India Income Fund (RIDCW-Q) is a Medium To Long Duration Debt fund and has delivered an annualised return of 7.3% over a period of 25 years. The fund was previously known as Nippon India Income Qt 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-Q) as of 11/28/2023 is ₹12.94 with the total AUM as of 11/29/2023 is ₹266.518. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Income Fund (RIDCW-Q) 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-Q) 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 ₹10000. Check your estimated returns on mutual funds by using sip calculator.
Nippon India Income Fund (RIDCW-Q) 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-Q) is rated as a 3 fund in Debt and delivered 5.7% 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-Q).
Frequently Asked Questions
What is Nippon India Income Fund (RIDCW-Q)?
How to invest in Nippon India Income Fund (RIDCW-Q)?
You can invest in Nippon India Income Fund (RIDCW-Q) 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-Q)?
The minimum sip amount for Nippon India Income Fund (RIDCW-Q) is ₹1000. You can invest in multiples of ₹10000.
Is Nippon India Income Fund (RIDCW-Q) good to invest in?
As per Scripbox experts, Nippon India Income Fund (RIDCW-Q) is a Neutral fund. You can investNippon India Income Fund (RIDCW-Q) 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-Q)?
The expense ratio of the Nippon India Income Fund (RIDCW-Q) is 1.37% for regular plan.