This 3-Year Old Long Duration Mutual Fund Has Given 9.43% Annual Average Returns

It is critical to understand these two aspects and create a balance in order to maximise your results. It will also ensure that you would continue with your investments for a long period. This long-duration fund is a good fund that helps in balancing your investment portfolio. Also, the fund has had good returns over the years to its investors.

Nippon India Nivesh Lakshya Fund - Direct Plan-Growth

As mentioned, this is a long duration mutual fund launched by the Nippon India Mutual fund house on 06 July 2018. This fund's Asset Under Managed met is worth Rs 1889.07 Crore. Whereas, the NAV declared on 08 April 2022 is Rs 14.0313. The expense ratio of this fund is 0.25%, which is very less compared to its category average expense ratio.
 
Furthermore, this fund is open-ended moderate risky that aims to generate returns with a moderate level of risk. The fund's benchmark is CRISIL Long Term Debt. For investment in this fund, the minimum amount required is Rs 5,000, whereas, for SIP it requires Rs 100. This fund is good for investors who are looking to park their money for the long term but also looking for less risky investments.

Absolute And Annualised Returns

Lump-Sum Investment Returns

Since its launch, it has delivered 9.43% average annual returns.

Investment Period	Absolute Returns	Annualised Returns
1 Year	0.28%	0.28%
2 Year	9.75%	4.76%
3 Year	27.17%	8.33%
Since Inception	40.31%	9.43%

SIP Returns

SIP Period	Absolute Returns	Annualised Returns
1 Year	0.11%	0.21%
2 Year	1.58%	1.51%
3 Year	6.36%	4.05%

Portfolio

The fund has 97.63 per cent invested in debt, with 97.63 per cent invested in government securities. The credit profile of the fund is very good, suggesting that it has been loaned to borrowers of exceptional quality. Because the majority of funds in this category lend to stronger borrowers, the risk of default in this fund is higher than in the category. Government of India is the fund's largest holding.

 

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.