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.
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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.
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.
Nippon Life India Asset Management Ltd manages assets worth 215,397 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 90 equity,369 debt and 34 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About Nippon India Nivesh Lakshya Fund (G)
About Nippon India Nivesh Lakshya Fund (G)
Nippon India Nivesh Lakshya Fund (G) is a long duration debt fund and has delivered an annualised return of 10.5% 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
Nippon India Nivesh Lakshya Fund (G) 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. However, there is no assurance that the objective of the scheme will be realized.
Nippon India Nivesh Lakshya Fund (G) NAV,AUM,Risk
The Nippon India Nivesh Lakshya Fund (G) fund was launched on Jul 06, 2018. The NAV (Net Asset Value) of this long duration debt as of 2021-07-30 is ₹ 13.5999. The total AUM (Asset Under Management) of the fund as of 2021-08-02 is ₹ 1789.044. The category risk of the Nippon India Nivesh Lakshya Fund (G) fund is Moderate Risk.
The fund charges 0.52 % as expense ratio.
Nippon India Nivesh Lakshya Fund (G) Holdings
The fund’s highest allocation is towards debt and has invested 97.1% in this asset class. The top three holdings of the fund are 8.13% govt stock 2045,8.17% govt stock 2044 and 7.06% govt stock 2046
Nippon India Nivesh Lakshya Fund (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this 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.
Nippon India Nivesh Lakshya Fund (G) Investment volatility and Horizon
This fund 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 Term Debt Index.
Nippon India Nivesh Lakshya Fund (G) Review
Nippon India Nivesh Lakshya Fund (G) has a score of 1 on a scale of 5. The fund scores 2 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Nivesh Lakshya Fund (G) has a score of 3 out of 5.
The credit risk of the fund is 5 out of 5 as compared to other debt funds.
