• 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
Top Ranked

16.5005

NAV (Jun 20)

6.3%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within 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 ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

Scripbox Recommended Debt Funds
Want the Debt 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

16.5005

NAV (Jun 20)

Fund Returns

Last 1Y
8.2%
Last 3Y
6.3%
Last 5Y
6.6%
Last 10Y
NA
Since Inception
8.8%
6 Month CAGR
6.6%

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
0.6
Launched (6y ago)
Jul 06, 2018
AUM in Crores
7706.428
ISIN
INF204KB1ZB0
Lock-in
No Lock-in
Benchmark
CRISIL Long Duration Debt TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
4.5
Standard Deviation (5yr)
5.3
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.061
Sharpe Ratio (5yr)
0.383
YTM
7.22
Fund Managers

Pranay Sinha

Fund Manager

Kinjal Desai

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Nivesh Lakshya Fund (Growth)70%8,61,233 1,28,6216.7%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2024-06-20

Top Debt Holdings

8.17% govt stock 2044

30.1%
30.1%

8.13% govt stock 2045

14.7%
14.7%

7.06% govt stock 2046

12%
12%

9.23% govt stock 2043

10.7%
10.7%

6.99% govt stock 2051

7.9%
7.9%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 380,402 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 105 equity,425 debt and 71 hybrid funds.amc-img
phone-img022-33031000
Fund NameScripbox Opinion
Till Date CAGR

5.6%

6.9%

5.6%

6.7%

5.6%

5.8%

5.6%

6.7%

5.6%

5.8%

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 8.8% over a period of 5 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 6/20/2024 is ₹16.50 with the total AUM as of 6/21/2024 is ₹7706.428. 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 Debt TR INR.

Nippon India Nivesh Lakshya Fund (G) is rated as a 4 fund in Debt and delivered 8.2% 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 instruments 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 Top Ranked 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 0.6% for regular plan.