March 14, 2024
mayank
Nippon India Fixed Maturity Plan XLVI-Series 5 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
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Nippon India Fixed Maturity Plan XLVI-Series 5 Open Date, Close Date?
NFO opens on March 12, 2024
NFO will close on March 22, 2024
What is the 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
| Fund House | Nippon India Mutual Fund |
| Issue Open | 12 March 2024 |
| Issue Close | 22 March 2024 |
| Type | Closed-end |
| Category | Debt: Fixed Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Tenure (Days) | 1868 |
| Riskometer | High |
| Benchmark | NIFTY Medium to Long Duration Debt |
What is the Benchmark Index of Nippon India Fixed Maturity XLVI-Series 5?
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
| 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 | 0.08 | 0.09 | 7.40 | 1.84 | 3.62 | 7.33 | 5.47 | 6.84 |
| NIFTY Ultra Short Duration Debt Index | 0.29 | 0.27 | 0.29 | 8.16 | 1.90 | 3.72 | 7.84 | 5.86 | 7.45 |
| NIFTY Low Duration Debt Index | 0.63 | 0.58 | 0.63 | 8.14 | 1.83 | 3.55 | 7.74 | 5.62 | 7.45 |
| NIFTY Money Market Index | 0.37 | 0.34 | 0.37 | 7.90 | 1.88 | 3.65 | 7.61 | 5.53 | 7.10 |
| NIFTY Short Duration Debt Index | 1.62 | 1.51 | 1.75 | 7.93 | 1.98 | 3.49 | 7.69 | 5.53 | 7.63 |
| NIFTY Medium Duration Debt Index | 3.24 | 3.06 | 3.76 | 7.72 | 2.13 | 3.57 | 8.03 | 5.60 | 7.70 |
| NIFTY Medium to Long Duration Debt Index | 5.85 | 5.56 | 7.75 | 7.59 | 2.78 | 3.78 | 8.65 | 5.90 | 7.76 |
| NIFTY Long Duration Debt Index | 9.03 | 8.62 | 18.20 | 7.49 | 4.11 | 4.67 | 9.87 | 6.29 | 7.81 |
| NIFTY Composite Debt Index | 5.18 | 4.93 | 8.20 | 7.67 | 2.80 | 3.89 | 8.64 | 5.88 | 7.75 |
| NIFTY Corporate Bond Index | 2.19 | 2.04 | 2.44 | 8.19 | 2.02 | 3.47 | 7.87 | 5.77 | 8.01 |
| NIFTY Credit Risk Bond Index | 1.85 | 1.72 | 2.06 | 9.48 | 2.25 | 4.10 | 9.34 | 7.98 | 8.84 |
| NIFTY Banking & PSU Debt Index | 2.55 | 2.38 | 3.04 | 7.76 | 2.09 | 3.55 | 7.57 | 5.44 | 7.58 |
| NIFTY All Duration G-Sec Index | 7.55 | 7.29 | 14.23 | 7.22 | 3.76 | 4.62 | 9.90 | 5.93 | 7.21 |
Performance Review of the Fund Manager?
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 | 7.72 | 4.80 | 7.17 | 4.80 |
| 3 Year | 6.00 | 3.20 | 5.27 | 3.20 |
| 5 Year | 6.41 | 3.29 | 5.18 | 3.29 |
| 7 Year | 6.75 | 3.52 | 5.73 | 3.52 |
| 10 Year | 7.39 | 4.03 | 6.47 | 4.03 |
Which Company Owns Nippon India Fixed Maturity Plan XLVI-Series 5?
Nippon Life India Asset Management Ltd.
Address: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400013
Website: https://mf.nipponindiaim.com/
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Is it good to invest in Nippon India Fixed Maturity XLVI-Series 5 NFO?
Guidance for Nippon India Fixed Maturity Plan XLVI-Series 5 by Paresh Gordhandas, C.A., Research Analyst.
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