Nippon India Gilt Securities Fund

Details as on March 31, 2022
Gilt Fund
Type of Scheme

An open ended debt scheme investing in government securities across maturity. Relatively High interest rate risk and Relatively Low Credit Risk.

Current Investment Philosophy

The fund follows two-pronged strategy: Core and Tactical. Core strategy to reflect medium to long term view on interest rates and yield curve. Tactical strategy to benefit out of short term opportunities in the market. Strategy is implemented through high grade assets like G-Secs/SDLs to generate alpha by actively using G-Secs, IRF and IRS curve.

Date of Allotment

August 22, 2008

Fund Manager

Pranay Sinha

Benchmark

CRISIL Dynamic Gilt Index

Fund Size
Monthly Average : ₹ 1,279.66 Cr
Month End : ₹ 1,259.70 Cr
NAV as on March 31, 2022
Growth Plan ₹ 30.9342
Monthly IDCW Plan ₹ 10.4615
Automatic Annual Reinvestment Plan ₹ 25.9366
Automatic Capital Appreciation Plan ₹ 30.9342
Defined Maturity Plan ₹ 30.9342
Direct - Growth Plan ₹ 33.9447
Direct - Monthly IDCW Plan ₹ 11.5163
Direct - Bonus Option ₹ 18.9718
Direct - Automatic Annual Reinvestment Plan ₹ 18.3732
Direct - Automatic Capital Appreciation Plan₹ 33.8566
Direct - Defined Maturity Plan ₹ 34.0364
Institutional - Growth Plan ₹ 31.3743

Load structure
Entry Load: Nil
Exit Load:0.25%, if redeemed or switched out on or before completion of 7 days from the date of allotment of units. Nil, thereafter.

Average Maturity
Average Maturity 5.55 Years
Modified Duration
Modified Duration 4.31 Years
Yield to Maturity
Yield to Maturity5.65%
Macaulay Duration
Macaulay Duration3.08 Years

Total Expense Ratio^
Regular/Other than Direct1.56%
Direct0.60%
Company/IssuerRating% of Assets
Government Bond 73.86
Government of India SOV 73.86
State Government Bond 16.40
State Government Securities SOV 16.40
Cash & Other Receivables 9.74
Grand Total 100.00

Record DateRate (₹/ Unit) Cum IDCW NAV Ex-IDCW NAV
Monthly IDCW Plan
25-Nov-21 0.0431 10.5465 10.5034
27-Sep-21 0.1022 10.5930 10.4908
25-Aug-21 0.0510 10.5416 10.4906
Direct - Monthly IDCW Plan
25-Nov-21 0.0649 11.5894 11.5245
27-Sep-21 0.1218 11.6322 11.5104
25-Aug-21 0.0647 11.5745 11.5098

Past performance may or may not be sustained in future. Pursuant to IDCW payment, NAV falls to the extent of payout & statutory levy (if applicable). Face Value-₹10.

This product is suitable for investors who are seeking*:
• Income over long term
• Investment in government securities across maturity

Fund Riskometer
Nippon India Gilt Securities Fund



Benchmark Riskometer
CRISIL Dynamic Gilt Index

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.



Special Feature: Nippon India Any Time Money Card
Please click here for explanation on symbol: ^ and @ wherever available
For scheme performance please click here. For Fund manager wise scheme performance click here.

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