• Mutual Funds
  • Nippon Mutual Fund
  • Nippon India Nivesh Lakshya Fund (Growth)

Formerly Reliance Nivesh Lakshya Reg Gr

Nippon Mutual Fund

Nippon India Nivesh Lakshya Fund (Growth)

DebtLong Duration

13.6284

NAV (May 17)

8.3%
Till Date CAGR
Scripbox Opinion

Not Recommended

Click here for top ranked funds in long duration mutual funds.

However, Scripbox does not recommend investing in long duration mutual funds.

Long Duration Funds invest in debt and money market instruments such that the duration of the portfolio is greater than 7 years.

The tenure of the instruments held by these funds exposes them to very high degrees of variations when interest rate changes.These funds tend to have high credit quality paper as the underlying - thereby reducing the Credit Risk of the fund.This is one of the smallest categories(less than 0.5 % of the total debt fund assets) with very few funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the high interest rate risk.

Our analysis of this fundLearn how we rate funds ->

Track Record

4 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.

Relative Size

1,890 Cr. Medium within the category

Impact of Interest Rate Changes

Highest Interest Rate Risk. The impact on fund value is very high when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

Scripbox Recommended Debt Funds

Want the floating rate funds that are right for your short term investment needs?

Learn More

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

13.6284

NAV (May 17)

Fund Returns

Last 1Y

-1.7%

Last 3Y

6.7%

Last 5Y

NA

Last 10Y

NA

Since Inception

8.3%

6 Month CAGR

-3.3%

Scheme Information

Investment Objective

The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels 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

0.52

Launched (4y ago)

Jul 06, 2018

AUM in Crores

1889.540

ISIN

INF204KB1ZB0

Lock-in

No Lock-in

Benchmark

CRISIL Long Duration Fund TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Pranay Sinha

Fund Manager

Kinjal Desai

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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

Last updated on 2022-05-17

Top Debt Holdings

8.13% govt stock 2045

39%
39%

8.17% govt stock 2044

35.8%
35.8%

7.06% govt stock 2046

20.3%
20.3%

net current assets

2.2%
2.2%

triparty repo

1.9%
1.9%
See all holdings
allocation by market cap

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 39,901 cr

5

₹ 16,313 cr

5

₹ 13,070 cr

5

₹ 16,158 cr

5

₹ 39,901 cr

5

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 243,421 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,369 debt and 34 hybrid funds.

amc-img

  • 022-33031000
  • customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    16.6%

    15.4%

    4.4%

    6.9%

    4.2%

    6.7%

    16.2%

    17.3%

    4.2%

    5.6%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    Nippon India Nivesh Lakshya Fund (G) Review

    Nippon India Nivesh Lakshya Fund (G) is a Long Duration Debt fund and has delivered an annualised return of 8.3% over a period of 3 years. The fund was previously known as Reliance Nivesh Lakshya Reg Gr. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Kinjal Desai, Pranay Sinha.

    Nav of Nippon India Nivesh Lakshya Fund (G) as of 5/17/2022 is ₹13.63 with the total AUM as of 5/18/2022 is ₹1889.54. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Nivesh Lakshya Fund (G) was launched on Jul 06, 2018. The category risk of the fund is Moderate Risk.

    The minimum SIP amount for Nippon India Nivesh Lakshya Fund (G) 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 Nivesh Lakshya Fund (G) 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 CRISIL Long Duration Fund TR INR.

    Nippon India Nivesh Lakshya Fund (G) is rated as a 1 fund in Debt and delivered -1.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Nivesh Lakshya Fund (G).

    Frequently Asked Questions

    What is Nippon India Nivesh Lakshya Fund (G)?

    Nippon India Nivesh Lakshya Fund (G) is a Long Duration Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in Nippon India Nivesh Lakshya Fund (G)?

    You can invest in Nippon India Nivesh Lakshya Fund (G) 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 Nivesh Lakshya Fund (G)?

    The minimum sip amount for Nippon India Nivesh Lakshya Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is Nippon India Nivesh Lakshya Fund (G) good to invest in?

    As per Scripbox experts, Nippon India Nivesh Lakshya Fund (G) is a Not Recommended fund. You can investNippon India Nivesh Lakshya Fund (G) 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 Nivesh Lakshya Fund (G)?

    The expense ratio of the Nippon India Nivesh Lakshya Fund (G) is 0.52% for regular plan.