Nippon India Gilt Securities Fund Direct-Growth

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

The Nippon India Gilt Securities Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 9.37% since inception. Nippon India Gilt Securities Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 12.66% 8.69% 6.9% 8.93% 9.37%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹43.3761+0.08% 1 day change	9.37% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹43.3761 as on Apr 23, 2025

This fund Category average

Nippon India Gilt Securities Fund overview

VRO rating	3
Expense ratio	0.5% as on Mar 31, 2025
Exit load	0.25% Exit load of 0.25% if redeemed within 7 days.!
AUM (Fund size)	₹2,060 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	NIFTY All Duration G-Sec
Min. investment	SIP ₹500 & Lump. ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Nippon India Gilt Securities 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 Apr 24, 2025

Period	This fund	Category average
1 month	2.93%	3.01%
3 months	4.52%	4.56%
6 months	6.12%	6.17%
1 year	12.66%	12.58%
3 years	8.69%	8.65%
5 years	6.9%	6.99%
7 years	8.82%	8.39%
10 years	8.93%	8.16%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 95.85%

Cash & Call Money 4.1%

Others 0.05%

Top Debt Holdings

GOI 82.37%

Karnataka State 4.58%

Chhattisgarh State 2.46%

West Bengal State 1.75%

Allocation by Instruments

GOI Securities 82.37%

State Development Loan 11.41%

Repo 2.19%

Central Government Loan 2.07%

Other Holdings

Others 1.91%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Nippon India Gilt Securities Fund	N.A.	₹2,060 Crs	12 yrs 3 m	0.5%
SBI Magnum Gilt Fund	N.A.	₹11,489 Crs	12 yrs 3 m	0.46%
PGIM India Gilt Fund	N.A.	₹116 Crs	12 yrs 3 m	0.5%
DSP Gilt Fund	N.A.	₹1,566 Crs	12 yrs 3 m	0.56%
LIC MF Gilt Fund	N.A.	₹87 Crs	12 yrs 3 m	0.75%
Edelweiss Government Securities Fund	N.A.	₹171 Crs	11 yrs 2 m	0.51%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Gilt Securities Fund	2.93%	6.12%	12.66%	8.69%	6.9%	8.93%
SBI Magnum Gilt Fund	3.21%	6.31%	12.84%	9.17%	7.51%	8.77%
PGIM India Gilt Fund	2.97%	6.12%	12.88%	8.65%	7.08%	7.89%
DSP Gilt Fund	3.35%	6.29%	13.67%	9.19%	7.56%	8.69%
LIC MF Gilt Fund	3.23%	6.31%	12.35%	8.09%	6.53%	7.86%
Edelweiss Government Securities Fund	3.11%	6.18%	12.69%	8.63%	7.85%	8.4%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Gilt Securities Fund	2.56	0.75	0.53	0.98
SBI Magnum Gilt Fund	2.37	0.63	0.79	1.41
PGIM India Gilt Fund	2.29	0.64	0.6	1.12
DSP Gilt Fund	2.86	0.79	0.62	1.18
LIC MF Gilt Fund	2.47	0.67	0.31	0.64
Edelweiss Government Securities Fund	2.65	0.77	0.5	0.96

View all Gilt funds

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

Alpha	0.03 vs. 2.41 Underperformed at beating benchmark
Sharpe	0.53 vs. 2.08 Poor risk-adjusted returns
Beta	0.75 vs. 0.69 More sensitive to market's ups & downs
Standard deviation	2.56 vs. 2.05 More volatile performance

Compare Nippon India Gilt Securities Fund in detail with

About this fund

About Nippon India Gilt Securities Fund

Nippon India Gilt Securities Fund Direct-Growth is a Gilt mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. Nippon India Gilt Securities Fund Direct-Growth has ₹2,060 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Gilt Securities Fund Direct-Growth as of 23/04/2025 is ₹43.38. The fund has an expense ratio of 0.5%, which is close to what most other Gilt funds charge.

Nippon India Gilt Securities Fund Direct-Growth returns of last 1-year are 12.55%. Since launch, it has delivered 9.38% average annual returns. The fund has doubled the money invested in it every 9 yrs.
Nippon India Gilt Securities Fund Direct-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 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 GOI, Karnataka State, Chhattisgarh State, West Bengal State, Maharashtra State.

...

Fund AUM	₹2,060 Crs as on Mar 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	65 view all schemes
Total AUM	₹5,61,387 Crs as on Mar 31, 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 (in Crs.)	1Y	3Y
Nippon India Nivesh Lakshya Fund	N.A.	₹9,659 Crs	13.37%	9.48%
Nippon India Income Fund	N.A.	₹420 Crs	11.59%	8.63%
Nippon India Credit Risk Fund	N.A.	₹1,001 Crs	10.21%	8.3%
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund	N.A.	₹759 Crs	13.53%	N.A.
Nippon India Dynamic Bond Fund	N.A.	₹4,358 Crs	11.61%	8.04%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Gilt Securities Fund?

The current Net Asset Value (NAV) of the Nippon India Gilt Securities Fund - Direct Growth plan is approximately ₹43.3761 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Gilt Securities Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 9.37% since inception.

Nippon India Gilt Securities Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
12.66%	8.69%	6.9%	8.93%	9.37%

How much does this mutual fund charge as expense ratio?

The Nippon India Gilt Securities Fund - Direct Growth has an expense ratio of 0.5%, 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 Securities Fund currently has assets under management (AUM) or fund size valued at approximately ₹2,060 Crs crore as of Mar 31, 2025.

To whom does Nippon India Gilt Securities Fund lend to?

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

Holding Name	Percentage of Portfolio
GOI	82.37%
Karnataka State	4.58%
Chhattisgarh State	2.46%

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 Securities Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	95.85%
Cash & Call Money	4.1%
Others	0.05%

What is risk level of Nippon India Gilt Securities 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 Securities Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Nippon India Gilt Securities Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Nippon India Gilt Securities Fund is complete.

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

Redeeming your investments in Nippon India Gilt Securities 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 Securities Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Gilt

#NA

Return Outperformance: This fund has generated highest return amongst Gilt funds in the last 10 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Exit Load: Exit load of 0.25% if redeemed within 7 days.