Nippon India Income Fund Overview
Category Medium to Long Duration Fund
BMSMONEY Rank 5
Rating
Growth Option 03-04-2025
NAV ₹88.89(R) -0.11% ₹99.2(D) -0.11%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 9.05% 7.24% 5.99% 7.08% -%
Direct 9.98% 8.25% 7.04% 8.07% -%
Benchmark
SIP (XIRR) Regular 9.67% 8.26% 6.65% 6.8% 6.6%
Direct 10.61% 9.22% 7.66% 7.81% 7.59%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.15 -0.06 0.57 1.48% 0.0
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.99% -1.3% -1.24% 0.71 1.41%

NAV Date: 03-04-2025

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA INCOME FUND - MONTHLY IDCW Option 10.9
-0.0100
-0.1100%
NIPPON INDIA INCOME FUND - Direct Plan - MONTHLY IDCW Option 11.57
-0.0100
-0.1100%
NIPPON INDIA INCOME FUND - HALF YEARLY IDCW Option 12.61
-0.0100
-0.1100%
NIPPON INDIA INCOME FUND - ANNUAL IDCW Option 12.96
-0.0100
-0.1100%
NIPPON INDIA INCOME FUND - QUARTERLY IDCW Option 13.31
-0.0100
-0.1100%
NIPPON INDIA INCOME FUND - Direct Plan - HALF YEARLY IDCW Option 13.56
-0.0100
-0.1100%
NIPPON INDIA INCOME FUND - Direct Plan - QUARTERLY IDCW Option 14.03
-0.0200
-0.1100%
NIPPON INDIA INCOME FUND - Direct Plan - ANNUAL IDCW Option 14.2
-0.0200
-0.1100%
Nippon India Income Fund - Growth Plan Bonus Option 25.55
-0.0300
-0.1100%
Nippon India Income Fund - Direct Plan Growth Plan-Bonus Option 28.35
-0.0300
-0.1100%
Nippon India Income Fund - Growth Plan Growth Option 88.89
-0.1000
-0.1100%
Nippon India Income Fund - Direct Plan Growth Plan - Growth Option 99.2
-0.1100
-0.1100%

Review Date: 03-04-2025

Beginning of Analysis

Nippon India Income Fund is the 5th ranked fund in the Medium to Long Duration Fund category. The category has total 13 funds. The 4 star rating shows a very good past performance of the Nippon India Income Fund in Medium to Long Duration Fund. The fund has a Jensen Alpha of 1.48% which is higher than the category average of 1.41%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of -0.15 which is lower than the category average of -0.28.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Medium to Long Duration Mutual Funds are ideal for long-term investors seeking higher returns by taking advantage of interest rate movements. These funds invest in debt instruments with a portfolio duration of 4 to 7 years, making them highly sensitive to interest rate changes. While they offer the potential for significant capital appreciation in a falling interest rate environment, they also carry higher risks, including interest rate risk and volatility. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help navigate interest rate cycles effectively.

Nippon India Income Fund Return Analysis

  • The fund has given a return of 2.5%, 3.33 and 4.32 in last one, three and six months respectively. In the same period the category average return was 2.4%, 2.95% and 4.03% respectively.
  • Nippon India Income Fund has given a return of 9.98% in last one year. In the same period the Medium to Long Duration Fund category average return was 9.41%.
  • The fund has given a return of 8.25% in last three years and ranked 2.0nd out of 13 funds in the category. In the same period the Medium to Long Duration Fund category average return was 7.56%.
  • The fund has given a return of 7.04% in last five years and ranked 7th out of 13 funds in the category. In the same period the Medium to Long Duration Fund category average return was 7.48%.
  • The fund has given a SIP return of 10.61% in last one year whereas category average SIP return is 9.85%. The fund one year return rank in the category is 5th in 13 funds
  • The fund has SIP return of 9.22% in last three years and ranks 3rd in 13 funds. LIC MF Medium to Long Duration Fund has given the highest SIP return (9.5%) in the category in last three years.
  • The fund has SIP return of 7.66% in last five years whereas category average SIP return is 7.68%.

Nippon India Income Fund Risk Analysis

The fund has a standard deviation of 1.99 and semi deviation of 1.41. The category average standard deviation is 3.05 and semi deviation is 1.78. The fund has a Value at Risk (VaR) of -1.3 and a maximum drawdown of -1.24. The category average VaR is -2.03 and the maximum drawdown is -1.96. The fund has a beta of 0.71 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Medium to Long Duration Fund Category
  • Good Performance in Medium to Long Duration Fund Category
  • Poor Performance in Medium to Long Duration Fund Category
  • Very Poor Performance in Medium to Long Duration Fund Category

  • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Nippon India Income Fund NAV Regular Growth Nippon India Income Fund NAV Direct Growth
    03-04-2025 88.8881 99.199
    02-04-2025 88.9869 99.307
    28-03-2025 88.4862 98.7367
    27-03-2025 88.2975 98.5239
    26-03-2025 88.1967 98.4091
    25-03-2025 87.9668 98.1503
    24-03-2025 87.9131 98.088
    21-03-2025 87.8537 98.015
    20-03-2025 87.8288 97.9849
    19-03-2025 87.7191 97.8602
    18-03-2025 87.5217 97.6378
    17-03-2025 87.4263 97.529
    13-03-2025 87.311 97.3914
    12-03-2025 87.2486 97.3195
    11-03-2025 87.1592 97.2174
    10-03-2025 87.1043 97.154
    07-03-2025 87.0543 97.0914
    06-03-2025 87.0392 97.0724
    05-03-2025 86.8809 96.8936
    04-03-2025 86.7676 96.7649
    03-03-2025 86.7798 96.7762

    Fund Launch Date: 20/Dec/1997
    Fund Category: Medium to Long Duration Fund
    Investment Objective: The fund will follow 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 will be implemented through high grade assets like G-Secs/ SDLs/ Corporate Bonds to generate alpha by actively using G-Secs, IRF and IRS curve.
    Fund Description: An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 to 7 years.
    Fund Benchmark: NIFTY Medium to Long Duration Debt Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.