Nippon India Fixed Maturity Plan XLIV - Series 1

Q: What are the returns of this mutual fund scheme?

The Nippon India Fixed Maturity Plan XLIV - Series 1 is a 3 yrs 1 m old fund and has delivered average annual returns of 8.06% since inception. Nippon India Fixed Maturity Plan XLIV - Series 1 Returns 1-Year 3-Year Since Inception 7.93% 8.07% 8.06%

Previously called: Nippon India FHF XLIV - Series 1 Reg-G

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹12.6795+0.07% 1 day change	8.06% p.a.	App exclusive #NA View Ranked Funds	₹77 Cr

Historical NAV & returns

NAV: ₹12.6795 as on Oct 20, 2025

This fund Category average

Nippon India Fixed Maturity Plan XLIV - Series 1 overview

AUM (Fund size)	₹77 Cr
Exit load	0%
Lock-in Period	Nil
Age	3 yrs 1 m since Sep 14, 2022
Benchmark	NIFTY Medium to Long Duration Debt Index A-III
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.37% as on Sep 30, 2025
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Nippon India Fixed Maturity Plan XLIV - Series 1 Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 98.2%

Cash & Call Money 1.8%

Others 0.0013031%

Top Debt Holdings

Gujarat State 59.86%

GOI 31.86%

Tamilnadu State 2.65%

Kerala State 2.12%

Allocation by Instruments

State Development Loan 66.34%

GOI Securities 31.86%

Net Current Assets 1.58%

Repo 0.22%

Other Holdings

Others 0.22%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Fixed Maturity Plan XLIV - Series 1	0.65%	3.38%	7.93%	8.07%	N.A.	N.A.
Nippon India Quarterly Interval Series II	0.45%	2.88%	6.25%	6.92%	5.64%	6.24%
Aditya Birla Sun Life Interval Income Quarterly Series I	0.4%	2.62%	6.09%	6.89%	5.88%	6.02%
Nippon India Annual Interval Series I	0.51%	3.57%	7.22%	7.2%	5.85%	6.43%
UTI Annual Interval Fund - I	0.4%	2.7%	6.0%	6.55%	5.98%	5.72%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Fixed Maturity Plan XLIV - Series 1	1.17	3.01	1.2	2.14
Nippon India Quarterly Interval Series II	0.2	0.24	2.1	4.03
Aditya Birla Sun Life Interval Income Quarterly Series I	0.23	0.17	1.77	2.48
Nippon India Annual Interval Series I	0.34	0.19	1.88	4.15
UTI Annual Interval Fund - I	0.26	0.63	0.1	0.12

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Fixed Maturity Plan XLIV - Series 1	N.A.	77 Cr	3 yrs 1 m	0.37%
Nippon India Quarterly Interval Series II	N.A.	14 Cr	18 yrs 5 m	0.08%
Aditya Birla Sun Life Interval Income Quarterly Series I	N.A.	8 Cr	18 yrs 2 m	0.15%
Nippon India Annual Interval Series I	N.A.	3 Cr	18 yrs 5 m	0.26%
UTI Annual Interval Fund - I	N.A.	21 Cr	18 yrs 3 m	0.16%

View all Fmp funds

Key risk & return ratios Compared to other funds in the category

Alpha	6.81 vs. 2.63 Higher outperformance against benchmark
Sharpe	1.2 vs. 2.51 Poor risk-adjusted returns
Beta	3.01 vs. 1.18 More sensitive to market's ups & downs
Standard deviation	1.17 vs. 0.55 More volatile performance

Compare Nippon India Fixed Maturity Plan XLIV - Series 1 in detail with

About this fund

About Nippon India Fixed Maturity Plan XLIV - Series 1

Nippon India Fixed Maturity Plan XLIV - Series 1 is a FMP mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 3 yrs 1 m, having been launched on 14/09/2022. Nippon India Fixed Maturity Plan XLIV - Series 1 has ₹77 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Fixed Maturity Plan XLIV - Series 1 as of 20/10/2025 is ₹12.68. The fund has an expense ratio of 0.37%, which is higher than what most other Fmp funds charge.

Nippon India Fixed Maturity Plan XLIV - Series 1 returns of last 1-year are 7.85%. Since launch, it has delivered 8.01% average annual returns.
Nippon India Fixed Maturity Plan XLIV - Series 1 scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Gujarat State, GOI, Tamilnadu State, Kerala State, Haryana State.

...

Fund AUM	77 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Vikash Agarwal

Mr. Agarwal is a B.Com., CA, CFA Prior to joining Nippon AMC, he has worked with HDFC AMC, Larsen & Toubro Ltd.

Investment objective

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.

Nippon India Mutual Fund details

No. of schemes	71 view all schemes
Total AUM	6,63,684 Cr as on Sep 30, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Nippon India Medium Duration Fund	N.A.	120 Cr	10.07%	8.48%
Nippon India Nivesh Lakshya Long Duration Fund	N.A.	9,652 Cr	5.31%	8.46%
Nippon India Credit Risk Fund	N.A.	983 Cr	9.25%	8.46%
Nippon India Fixed Maturity Plan XLI - Series 8	N.A.	67 Cr	8.0%	8.45%
Nippon India Fixed Maturity Plan XLIII - Series 5	N.A.	181 Cr	8.16%	8.43%
Nippon India Dynamic Bond Fund	N.A.	4,336 Cr	7.77%	8.28%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Fixed Maturity Plan XLIV - Series 1?

The current Net Asset Value (NAV) of the Nippon India Fixed Maturity Plan XLIV - Series 1 plan is approximately ₹12.6795 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Fixed Maturity Plan XLIV - Series 1 is a 3 yrs 1 m old fund and has delivered average annual returns of 8.06% since inception.

Nippon India Fixed Maturity Plan XLIV - Series 1 Returns

1-Year	3-Year	Since Inception
7.93%	8.07%	8.06%

How much does this mutual fund charge as expense ratio?

The Nippon India Fixed Maturity Plan XLIV - Series 1 has an expense ratio of 0.37%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Nippon India Fixed Maturity Plan XLIV - Series 1 currently has assets under management (AUM) or fund size valued at approximately 77 Cr as on Sep 30, 2025.

To whom does Nippon India Fixed Maturity Plan XLIV - Series 1 lend to?

The top 3 debt holdings of Nippon India Fixed Maturity Plan XLIV - Series 1 are as follows

Holding Name	Percentage of Portfolio
Gujarat State	59.86%
GOI	31.86%
Tamilnadu State	2.65%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Nippon India Fixed Maturity Plan XLIV - Series 1 allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	98.2%
Cash & Call Money	1.8%
Others	0.0013031%

What is risk level of Nippon India Fixed Maturity Plan XLIV - Series 1?

This is a Fmp fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Nippon India Fixed Maturity Plan XLIV - Series 1?

Redeeming your investments in the Nippon India Fixed Maturity Plan XLIV - Series 1 is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in FMP

#NA

Return Outperformance: This fund has generated highest return amongst FMP funds in the last 3 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.