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Nippon India Mutual Fund

Nippon India Medium Duration Fund - Direct Plan - Growth Option

★★★★★ TopFund est.

TopFund Score (fallback rating)

  • Calculated by: TopFund — used only when no third-party rating exists for this fund
  • Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis

Full rating methodology →

TopFund Score: 79/100 · Good

How this score is calculated

  • Star rating (35%)5/5
  • 3Y CAGR (30%)8.4%
  • Expense ratio (20%)0.5%
  • AUM (15%)₹150 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Nippon India Mutual Fund · Income/Debt Oriented · Medium Term Fund

₹18.34

+0.0 (+0.0%)

AUM: ₹150 Cr

NAV updated 25 days ago

Plan

Direct

Option

Growth

Risk

Moderate

Expense Ratio

0.5%

Exit Load

Exit load of 1% if redeemed within 12 months

Fund Manager

Prashant R.Pimple, Jahnvee Shah

Inception

Jun 2014

Benchmark

CRISIL Medium Duration Debt A-III Index

Sharpe Ratio

0.05

Std Dev (1Y)

1.42%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

+0.14%

3m

+2.25%

6m

+2.89%

1y

+6.58%

3y

+8.4%

5y

+6.81%

10y

+3.72%

since inception

+5.09%

TopFund's Take on Nippon India Medium Duration Fund - Direct Plan - Growth Option

Nippon India Medium Duration Fund - Direct Plan - Growth Option holds up reasonably well within the Medium Term Fund category, backed by a 5-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 79/100.

Cost: At 0.5%, the expense ratio is meaningfully cheaper — about 32% below the Medium Term Fund category average of 0.74% (based on 43 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.05 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 1.42% is on the lower side for a Medium Term Fund fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented fund.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Non Convertible Debenture 29.43%
GOI Securities 19.84%
Debenture 14.67%
State Development Loan 13.33%
Bonds 7.33%
Certificate of Deposit 6.35%
Repo 3.77%
Securitised Debt 3.28%
Net Current Assets 1.63%
Alternative Investment Fund 0.33%
Margin Money 0.04%

Frequently Asked Questions about Nippon India Medium Duration Fund - Direct Plan - Growth Option

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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