Nippon India Gilt Fund
- NAV as on 25 Sep 2026
- ₹38.92-0.05%1 day
- Return since launch
- 6.0%
- 52-week range
- ₹37.27 — ₹39.49
- AUM
- ₹1,517 Cr
Nippon India Gilt Fund is a Gilt debt fund from Nippon India Mutual Fund with ₹1,517 Cr under management, launched in 2003. Over three years it has returned 4.1% a year, against 5.6% for its category. The expense ratio is 1.24% and the SEBI riskometer reading is Moderate.
Performance
Nippon India Gilt Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.9% against +2.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.2% | +0.4 pts | 2.8% | 3.1% |
| 2Y | 2.9% | −0.1 pts | 3.0% | 3.0% |
| 3Y | 4.1% | −1.5 pts | 5.6% | 4.3% |
| 5Y | 5.0% | 0.0 pts | 5.0% | 5.1% |
| 7Y | 4.9% | −0.2 pts | 5.1% | 5.1% |
| 10Y | 5.7% | −0.3 pts | 6.0% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.6% | −0.1 pts | -0.5% | -0.5% |
| 3M | -0.8% | −0.2 pts | -0.6% | -0.6% |
| 6M | 3.7% | +0.2 pts | 3.5% | 3.4% |
| 1Y | 2.9% | +0.1 pts | 2.8% | 2.8% |
| 2Y | 3.1% | −0.3 pts | 3.4% | 3.5% |
| 3Y | 5.5% | −0.1 pts | 5.6% | 5.7% |
| 5Y | 4.7% | −0.2 pts | 5.0% | 4.9% |
| 7Y | 5.5% | −0.1 pts | 5.6% | 5.5% |
| 10Y | 6.3% | +0.4 pts | 6.0% | 6.0% |
Since launch (27 Jun 2003): 6.0%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.7% | −1.3 pts | 5.0% |
| 2024 | 8.8% | −0.7 pts | 9.5% |
| 2023 | 6.7% | −0.8 pts | 7.5% |
| 2022 | 2.1% | −1.0 pts | 3.0% |
| 2021 | 1.8% | −1.1 pts | 2.9% |
| 2020 | 11.2% | −0.7 pts | 11.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.21%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.02%
- Brokerage
- 0.00%
- Transaction charges
- 0.01%
- Statutory levies
- 0.18%
- Exit load
- Exit load of 0.25% if redeemed within 7 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY All Duration G-Sec Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | -0.03 | 0.19 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | -0.04 | 0.27 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 3.95 | 3.54 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Nippon India Gilt Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt82.2%
- Other17.8%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 17.92% | ₹272 Cr | +0.30% | +0.30% | +0.18% |
| company:10198 | Financial | 4.94% | ₹74.98 Cr | +6.05% | — | — |
| GOI | Sovereign | 2.72% | ₹41.31 Cr | +1.07% | +0.97% | +0.98% |
| Andhra Pradesh State | Financial | 1.64% | ₹24.84 Cr | +1.51% | +4.08% | — |
| Tamilnadu State | Others | 1.00% | ₹15.19 Cr | +0.92% | +0.08% | — |
| Kerala State | Others | 0.33% | ₹5.06 Cr | +0.31% | +0.28% | +0.28% |
| Uttar Pradesh State | Others | 0.33% | ₹4.97 Cr | +0.30% | +0.80% | +0.80% |
| Karnataka State | Others | 0.31% | ₹4.75 Cr | +0.29% | +0.26% | +1.39% |
| Maharashtra State | Others | 0.17% | ₹2.53 Cr | +0.15% | +0.14% | +0.14% |
| Haryana State | Others | 0.14% | ₹2.16 Cr | +0.13% | +0.12% | +0.12% |
| Rajasthan State | Others | 0.12% | ₹1.87 Cr | +0.11% | +0.10% | — |
| Bihar State | Others | 0.05% | ₹0.82 Cr | +0.05% | +0.04% | +0.04% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:10198 | 0.00% | 4.94% | +4.94% |
| Maharashtra State | 3.32% | 0.17% | -3.15% |
| GOI | 1.66% | 2.72% | +1.06% |
| Andhra Pradesh State | 1.63% | 1.64% | +0.01% |
| Others | 0.17% | 0.16% | -0.01% |
| Tamilnadu State | 0.99% | 1.00% | +0.01% |
| Uttar Pradesh State | 0.32% | 0.33% | +0.01% |
| Bihar State | 0.05% | 0.05% | 0.00% |
| Haryana State | 0.14% | 0.14% | 0.00% |
| Karnataka State | 0.31% | 0.31% | 0.00% |
| Kerala State | 0.33% | 0.33% | 0.00% |
| Rajasthan State | 0.12% | 0.12% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,167 Cr | 1.02% | 4.8% | 5.4% | 5.9% |
 SBI Gilt Fund | ₹8,215 Cr | 0.98% | 4.2% | 4.9% | 5.8% |
 Bandhan Gilt Fund | ₹1,713 Cr | 1.17% | 7.4% | 6.4% | 6.5% |
 UTI Gilt Fund | ₹420 Cr | 0.85% | 4.2% | 5.3% | 5.9% |
 Axis Gilt Fund | ₹341 Cr | 0.86% | 3.9% | 5.3% | 6.0% |
 Franklin India Gilt Fund | ₹147 Cr | 1.22% | 4.5% | 5.3% | 5.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Pranay SinhaMr. 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).
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.68% absolute | ₹60,000 | ₹62,208 | 3.68% | |
| 1 year2.85% annualised | ₹1,20,000 | ₹1,21,869 | 1.56% | |
| 3 years5.46% annualised | ₹3,60,000 | ₹3,91,976 | 8.88% | |
| 5 years4.73% annualised | ₹6,00,000 | ₹6,78,059 | 13.01% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.