November 15, 2022
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Guidance for NFO of Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund
by Paresh Gordhandas, Research Analyst.
Updated Soon
NFO of Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund
NFO opens on November 29 ,2022
NFO will close on December 13 ,2022
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The scheme seeks to provide investment returns corresponding to the total returns of the securities as represented by the Nifty G-Sec Jun 2036 Index before expenses, subject to tracking errors.
Basic Details
| Fund House | Nippon India Mutual Fund |
| Issue Open | 29 November 2022 |
| Issue Close | 08 December 2022 |
| Type | Open-ended |
| Category | Debt: Target Maturity |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | |
| Riskometer | Moderate |
| Benchmark | Nifty G-Sec Jun 2036 |
About Benchmark Index
The Performance of Benchmark Index will have a direct bearing on the performance of the Scheme.
The Product(s) are not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited (“IISL”)). NSE INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of
the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly or the ability of the Nifty G-Sec Jun 2036 Index to track general stock market performance in India. The relationship of NSE INDICES LIMITED to the Issuer is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NSE INDICES LIMITED without regard to the Issuer or the Product(s). NSE INDICES LIMITED does not have any obligation to take the needs of the Issuer or the owners of the Product(s) into considerati on in determining, composing or calculating the Nifty G-Sec Jun 2036 Index NSE INDICES LIMITED is not responsible for or has participated in the determination of the timing of, prices at, or quantities of the Product(s) to be issued or in the determination or cal culation of the equation by which the Product(s) is to be converted into cash. NSE INDICES LIMITED has no obligation or liability in connection with the administration, marketing or trading of the Product(s).
NSE INDICES LIMITED do not guarantee the accuracy and/or the completeness of the Nifty G-Sec Jun 2036 Index or any data included therein and NSE INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions therein. NSE INDICES LIMITED does not make any warranty, express or implied, a s to results to be obtained by the Issuer, owners of the product(s), or any other person or entity from the use of the Nifty G-Sec Jun 2036 Index or any data included therein. NSE INDICES LIMITED makes no express or implied warranties, and expressly disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, NSE INDICES LIMITED expressly disclaim any and all liability for any claims, damages or losses arising out of or related to the Products, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.
An investor, by subscribing or purchasing an interest in the Product(s), will be regarded as having acknowledged, understood and accepted the disclaimer referred to in Clauses above and will be bound by it.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – | – |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50) | – | – | – |
| Correlation (NIFTY 50) | – | – | – |
Fundamentals
| P/E | P/B | Dividend Yield |
| – | – | – |
Fund Manager
1) Siddharth Deb
Education : Mr. Deb is a B.Sc and MMS (Finance).
Experience : Prior to joining Nippon India Mutual Fund he has worked with Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
Past Performance of his Schemes
| Fund | Nippon India ETF Hang Seng BeES | It’s Benchmark | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt | It’s Benchmark |
| 1 Year | -22.46 | 3.26 | 0.55 | 1.34 |
| 3 Year | -6.97 | 18.97 | 4.38 | 5.78 |
| 5 Year | -3.54 | 12.88 | 6.02 | 7.00 |
| 7 Year | 1.59 | 14.71 | — | — |
| 10 Year | 4.24 | 14.69 | — | — |
2) Vivek Sharma
Education : Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
Experience : He has been associated with Nippon India Mutual Fund since 2006.
Past Performance of his Schemes
| Fund | Nippon India Corporate Bond Fund | It’s Benchmark | Nippon India Income Fund | It’s Benchmark |
| 1 Year | 3.85 | 2.71 | 2.24 | 2.71 |
| 3 Year | 6.21 | 4.41 | 5.02 | 4.41 |
| 5 Year | 6.51 | 5.37 | 6.20 | 5.37 |
| 7 Year | 6.95 | 5.91 | 6.73 | 5.91 |
| 10 Year | 7.54 | 6.63 | 7.17 | 6.63 |
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
*Post your MF questions @ sahifund.com/ask-me/
IPO Details & Guidance @ chanakyanipothi.com