Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
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Showing Funds Performance since Sep 07, 2020

Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth Fund Overview

Min. investment

SIP ₹0 & Lump. ₹5000

AUM (Fund size)

176 Cr

Lock In Period

N/A

Expense Ratio

0.28

Exit Load

Nil

Benchmark

CRISIL Composite Bond Fund Index

Summary

Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth NAV is ₹12.6492 as of 24 May, 2026. Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth has delivered 25.94% returns since its launch. The minimum SIP investment amount in Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth is ₹0. The AUM of Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth is ₹176 Cr. The expense ratio of the fund is 0.28%, and its benchmark is CRISIL Composite Bond Fund Index. The current exit load of the fund is Nil. In the last 1M months, Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth has delivered 0.25% returns.

Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.25-1.694.54
6M2.070.2612.55
1Y5.472.5316.20
3Y7.998.4836.71

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2021-08-15
View allocation % by

1. Triparty Repo89.60%
2. Net Current Assets0.72%
3. Non Convertible Debentures0.00%
4. Money Market Instruments0.00%
5. Triparty Repo/ Reverse Repo Instrument0.00%

1. 7.5% Power Finance Corporation Limited9.68%

About Fund Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth

Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth managed by Nippon India Mutual Fund,is a Debt - FMPscheme with Assets Under Management of ₹176 Crore. The fund benchmarks its performance against the CRISIL Composite Bond Fund Index while maintaining an expense ratio of 0.28. Under the expert guidance of Amit Tripathi ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Amit Tripathi

Mr. Amit holds BCom (Hons), PGDM and has over 6 years experience in Financial Services. From 1999 to 2003 he served at the New India Assurance Co. Ltd as an admin officer in the Investment Dept. Also featuring in his profile are stints with Sun Invest Associates Ltd as an Analyst for Equity Market Operations and CFS Financial Services P. Ltd as an Equity Dealer.

Peer Comparison

Fund Name1Y3Y
This FundKotak FMP Series - 217 Growth3.957325.9371
This FundUTI Fixed Term Income Fund Series XXX - Plan V Growth3.523425.9382
This FundNippon India Fixed Horizon Fund XXXVIII - Series 7 Growth5.468925.9391

Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth FAQs

Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth is 0.28. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth’s fund performance is as follows:
  • 1 Month : 0.25%
  • 6 Months : 2.07%
  • 1 Year : 5.47%
  • 3 Years : 7.99%
Returns of Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth are updated daily based on NAV of ₹ 12.6492 as on Aug 23,2021. Since inception, the return has been 25.94%.

You can invest in Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth is ₹176 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Nippon India Fixed Horizon Fund XXXVIII - Series 7 Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.