Nippon India Gilt Fund -Growth

Q: What are the returns of Nippon India Gilt Fund?

The Nippon India Gilt Fund is a 22 yrs 2 m old fund and has delivered average annual returns of 6.13% since inception. Nippon India Gilt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 3.88% 6.38% 4.68% 7.42% 6.13%

Previously called: Nippon India Gilt Securities-G

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹37.4469+0.43% 1 day change	6.13% p.a.	App exclusive #NA View Ranked Funds	₹2,068 Cr

Historical NAV & returns

NAV: ₹37.4469 as on Sep 03, 2025

This fund Category average

Nippon India Gilt Fund overview

Expense ratio	1.27% as on Aug 31, 2025
Plan type	Regular
Exit load	0%
AUM (Fund size)	₹2,068 Cr
Lock-in Period	Nil
Age	22 yrs 2 m since Jun 27, 2003
Benchmark	NIFTY All Duration G-Sec Index
Min. investment	SIP: ₹100 & Lumpsum: ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Nippon India Gilt Fund 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%

Trailing returns as on Sep 04, 2025

Period	This fund	Category average
1 Month	-2.05%	-1.93%
3 Months	-3.02%	-2.74%
6 Months	1.77%	2.15%
1 Year	3.88%	4.25%
2 Years	6.46%	6.62%
3 Years	6.38%	6.47%
4 Years	4.94%	5.2%
5 Years	4.68%	4.99%
7 Years	7.24%	7.11%
10 Years	7.42%	6.98%

Asset allocationas on May 31, 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 89.96%

Cash & Call Money 9.98%

Others 0.06%

Top Debt Holdings

GOI 75.78%

Karnataka State 4.66%

Chhattisgarh State 2.5%

West Bengal State 1.77%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 4.15%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Gilt Fund	N.A.	2,068 Cr	22 yrs 2 m	1.27%
SBI Magnum Gilt Fund	N.A.	12,573 Cr	24 yrs 8 m	0.94%
PGIM India Gilt Fund	N.A.	117 Cr	16 yrs 11 m	1.38%
Axis Gilt Fund	N.A.	836 Cr	13 yrs 7 m	0.82%
DSP Gilt Fund	N.A.	1,904 Cr	25 yrs 11 m	1.15%
ICICI Prudential Gilt Fund	N.A.	7,347 Cr	26 yrs 1 m	1.09%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Gilt Fund	-2.05%	1.77%	3.88%	6.38%	4.68%	7.42%
SBI Magnum Gilt Fund	-1.45%	2.72%	4.84%	7.33%	5.76%	7.79%
PGIM India Gilt Fund	-1.73%	2.25%	4.42%	6.36%	4.9%	6.68%
Axis Gilt Fund	-1.61%	2.9%	5.34%	6.97%	5.47%	7.18%
DSP Gilt Fund	-1.72%	2.88%	4.62%	7.14%	5.63%	7.65%
ICICI Prudential Gilt Fund	-1.04%	3.81%	7.12%	7.71%	6.13%	7.95%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Gilt Fund	3.18	0.88	-0.07	-0.09
SBI Magnum Gilt Fund	3.02	0.81	0.2	0.28
PGIM India Gilt Fund	2.92	0.81	-0.08	-0.11
Axis Gilt Fund	2.97	0.8	0.12	0.19
DSP Gilt Fund	3.53	0.96	0.14	0.2
ICICI Prudential Gilt Fund	1.9	0.46	0.56	0.64

View all Gilt funds

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

Alpha	-1.48 vs. 1.24 Underperformed at beating benchmark
Sharpe	-0.07 vs. 1.79 Poor risk-adjusted returns
Beta	0.88 vs. 0.34 More sensitive to market's ups & downs
Standard deviation	3.18 vs. 2.61 More volatile performance

Compare Nippon India Gilt Fund in detail with

About this fund

About Nippon India Gilt Fund

Nippon India Gilt Fund -Growth is a Gilt mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 22 yrs 2 m, having been launched on 27/06/2003. Nippon India Gilt Fund -Growth has ₹2,068 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Gilt Fund -Growth as of 03/09/2025 is ₹37.45. The fund has an expense ratio of 1.27%, which is higher than what most other Gilt funds charge.

Nippon India Gilt Fund -Growth returns of last 1-year are 4.03%. Since launch, it has delivered 6.13% average annual returns. The fund has doubled the money invested in it every 10 yrs.
Nippon India Gilt Fund -Growth 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 average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. 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 GOI, Karnataka State, Chhattisgarh State, West Bengal State, Uttar Pradesh State.

...

Fund AUM	2,068 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Pranay Sinha

Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta. Prior to joining Nippon India Mutual Fund, he has worked with ABSLAMC, BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).

Investment objective

The scheme aims to generate optimal credit risk-free returns by investing in a portfolio of securities, issued and guaranteed by the Central and State Government.

Nippon India Mutual Fund details

No. of schemes	71 view all schemes
Total AUM	6,17,875 Cr as on Jun 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 Credit Risk Fund	N.A.	1,017 Cr	9.26%	8.15%
Nippon India Strategic Debt Fund	N.A.	103 Cr	10.1%	8.09%
Nippon India Corporate Bond Fund	N.A.	6,566 Cr	8.38%	7.75%
Nippon India Floater Fund	N.A.	7,811 Cr	8.39%	7.64%
Nippon India Money Market Fund	N.A.	19,655 Cr	7.87%	7.5%
Nippon India Short Duration Fund	N.A.	7,469 Cr	8.26%	7.33%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Gilt Fund?

The current Net Asset Value (NAV) of the Nippon India Gilt Fund - Direct Growth plan is approximately ₹37.4469 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Gilt Fund is a 22 yrs 2 m old fund and has delivered average annual returns of 6.13% since inception.

Nippon India Gilt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
3.88%	6.38%	4.68%	7.42%	6.13%

How much does this mutual fund charge as expense ratio?

The Nippon India Gilt Fund - Direct Growth has an expense ratio of 1.27%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The Nippon India Gilt Fund currently has assets under management (AUM) or fund size valued at approximately 2,068 Cr as on May 31, 2025.

To whom does Nippon India Gilt Fund lend to?

The top 3 debt holdings of Nippon India Gilt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	75.78%
Karnataka State	4.66%
Chhattisgarh State	2.5%

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 Gilt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	89.96%
Cash & Call Money	9.98%
Others	0.06%

What is risk level of Nippon India Gilt Fund?

This is a Gilt fund comes with Moderate risk.

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

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

How do I invest in Nippon India Gilt Fund?

Nippon India Gilt Fund -Growth is the regular plan of the fund. For this plan of you pay 1.27% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.5%. That's 0.77% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 0.77% if you opt for direct plan of Nippon India Gilt Fund

How can I redeem my investments in Nippon India Gilt Fund?

Redeeming your investments in Nippon India Gilt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

App exclusive

in Gilt

#NA

Return Outperformance: This fund has generated highest return amongst Gilt funds in the last 10 Years.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.