December 15, 2023
mayank
Nippon India Fixed Horizon XLVI-Series 1, Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Managers
- Should You Invest in this NFO?
- Invest Online
What is the Nippon India Fixed Horizon XLVI-Series 1 Open Date, Close Date?
NFO opens on December 14, 2023
NFO will close on December 18, 2023
What is Fund Investment Strategy?
The scheme seeks to generate returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and Other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.
Basic Details of Nippon India Fixed Horizon XLVI-Series 1?
| Fund House | Nippon India Mutual Fund |
| Issue Open | 14 December 2023 |
| Issue Close | 18 December 2023 |
| Type | Closed-end |
| Category | Debt: Fixed Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Tenure (Days) | 92 |
| Riskometer | Moderate |
| Benchmark | NIFTY Ultra Short Duration Debt |
What is the Benchmark Index?
NIFTY Fixed Income Aggregate Indices consist of 13 indices which measure the performance of various fixed income portfolios covering Government securities, Corporate bonds of different credit rating categories, Commercial papers, Certificate of deposits, T-Bills and Overnight rate.
| Index Characteristics | |
| Methodology | Total Returns |
| Launch Date | February 09, 2018 |
| Base Date | September 03, 2001 |
| Base Value | 1000 |
| Calculation Frequency | Daily – End of day |
| Weight Reset Frequency | Monthly |
Statistics of Nippon India Fixed Horizon XLVI-Series 1
| Index Name | Avg. Macaulay Duration* | Avg. Modified Duration* | Avg. Maturity* | Avg. Yield %* | 3 M | 6 M | 1 Yr. | 3 Yr. | Since Inception |
| NIFTY Liquid Index | 0.09 | 0.09 | 0.09 | 7.29 | 1.75 | 3.51 | 7.12 | 5.10 | 6.83 |
| NIFTY Ultra Short Duration Debt Index | 0.30 | 0.28 | 0.33 | 7.76 | 1.79 | 3.69 | 7.67 | 5.49 | 7.44 |
| NIFTY Low Duration Debt Index | 0.60 | 0.56 | 0.61 | 7.94 | 1.69 | 3.55 | 7.55 | 5.24 | 7.45 |
| NIFTY Money Market Index | 0.36 | 0.34 | 0.36 | 7.64 | 1.74 | 3.55 | 7.37 | 5.14 | 7.09 |
| NIFTY Short Duration Debt Index | 1.68 | 1.57 | 1.80 | 7.92 | 1.48 | 3.04 | 6.89 | 4.84 | 7.62 |
| NIFTY Medium Duration Debt Index | 3.21 | 3.02 | 3.71 | 7.89 | 1.41 | 2.61 | 6.69 | 4.54 | 7.68 |
| NIFTY Medium to Long Duration Debt Index | 5.59 | 5.32 | 7.39 | 7.79 | 0.97 | 1.86 | 6.56 | 4.37 | 7.71 |
| NIFTY Long Duration Debt Index | 7.93 | 7.56 | 13.42 | 7.73 | 0.54 | 0.96 | 6.38 | 4.11 | 7.70 |
| NIFTY Composite Debt Index | 4.82 | 4.58 | 6.83 | 7.84 | 1.06 | 2.06 | 6.64 | 4.47 | 7.70 |
| NIFTY Corporate Bond Index | 2.26 | 2.10 | 2.51 | 8.23 | 1.43 | 2.99 | 6.93 | 4.95 | 8.00 |
| NIFTY Credit Risk Bond Index | 1.90 | 1.77 | 2.10 | 9.53 | 1.82 | 3.97 | 8.90 | 7.54 | 8.84 |
| NIFTY Banking & PSU Debt Index | 2.49 | 2.32 | 2.95 | 7.80 | 1.43 | 2.68 | 6.55 | 4.50 | 7.57 |
| NIFTY All Duration G-Sec Index | 6.65 | 6.41 | 10.59 | 7.47 | 0.83 | 1.44 | 6.87 | 4.04 | 7.11 |
Performance Review of the Fund Manager of Nippon India Fixed Horizon XLVI-Series 1?
1) Anju Chhajer
Education: Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience: Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
Past Performance of his Schemes
| Fund | Nippon India Low Duration Fund | It’s Benchmark | Nippon India Liquid Fund | It’s Benchmark |
| 1 Year | 6.64 | 4.42 | 6.93 | 4.42 |
| 3 Year | 4.93 | 2.97 | 4.90 | 2.97 |
| 5 Year | 5.86 | 3.28 | 5.17 | 3.28 |
| 7 Year | 6.15 | 3.51 | 5.70 | 3.51 |
| 10 Year | 6.92 | 4.04 | 6.50 | 4.04 |
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Should I Invest in Nippon India Fixed Horizon XLVI-Series 1?
Guidance for Nippon India Fixed Horizon XLVI-Series 1 by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
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