Formerly Reliance Nivesh Lakshya Reg Mn DR
₹ 11.4106
NAV (Feb 24)
Not Recommended
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
Relative Size
1,718 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
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderate Risk
0.53 %
Expense Ratio
Jul 06, 2018
Launched (3y ago)
₹ 1,718
AUM in Crores
INF204KB1ZF1
ISIN
No Lock-in
Lock-in
CRISIL Long Term Debt Index
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 190,624 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 87 equity,369 debt and 34 hybrid funds.
Liquid
Recommended
Top Ranked
₹ 19,337 Cr
Fund Size
5.9%
3Y returns
Mid Cap
Recommended
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₹ 8,153 Cr
Fund Size
10.9%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
5.2%
3Y returns
Mid Cap
Top Ranked
₹ 8,153 Cr
Fund Size
9.7%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
3.9%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Nippon India Nivesh Lakshya Fund (DR-M) is a long duration debt fund and has delivered an annualised return of 10.1% over a period of 3 years .The fund was previously known as Reliance Nivesh Lakshya Reg Mn DR.The fund is managed by Nippon Life India Asset Management Ltd.The fund managers are Hardik Shah, Kinjal Desai, Prashant Pimple
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.
The Nippon India Nivesh Lakshya Fund (DR-M) fund was launched on Jul 06, 2018. The NAV (Net Asset Value) of this long duration debt as of 2021-02-24 is ₹ 11.4106. The total AUM (Asset Under Management) of the fund as of 2021-02-24 is ₹ 1717.169. The category risk of the Nippon India Nivesh Lakshya Fund (DR-M) fund is Moderate Risk. The fund charges 0.53 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 97.6% 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
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.
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 (DR-M) 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 (DR-M) 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.