Nippon India Medium Term Fund
- NAV as on 9 Nov 2026
- ₹16.94+0.06%1 day
- Return since launch
- 4.3%
- 52-week range
- ₹16.14 — ₹16.93
- AUM
- ₹144 Cr
Nippon India Medium Term Fund is a Medium Duration debt fund from Nippon India Mutual Fund with ₹144 Cr under management, launched in 2014. Over three years it has returned 7.1% a year, against 7.1% for its category. The expense ratio is 1.08% and the SEBI riskometer reading is Moderate.
Performance
Nippon India Medium Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.8% against +4.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.9% | +0.3 pts | 4.6% | 5.1% |
| 2Y | 6.3% | +0.9 pts | 5.4% | 5.6% |
| 3Y | 7.1% | 0.0 pts | 7.1% | 6.2% |
| 5Y | 7.2% | +0.9 pts | 6.2% | 6.4% |
| 7Y | 7.0% | +0.4 pts | 6.6% | 6.2% |
| 10Y | 4.6% | −1.5 pts | 6.1% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.6% | −0.1 pts | 0.7% | 0.8% |
| 3M | 0.4% | +0.2 pts | 0.1% | 0.6% |
| 6M | 2.9% | +0.1 pts | 2.8% | 3.2% |
| 1Y | 4.8% | +0.3 pts | 4.6% | 4.8% |
| 2Y | 7.5% | +1.1 pts | 6.4% | 6.3% |
| 3Y | 7.8% | +0.7 pts | 7.1% | 7.0% |
| 5Y | 6.3% | +0.1 pts | 6.2% | 5.9% |
| 7Y | 2.7% | −3.5 pts | 6.1% | 6.2% |
| 10Y | 2.8% | −3.3 pts | 6.1% | 6.3% |
Since launch (6 Jun 2014): 4.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 9.6% | +1.2 pts | 8.5% |
| 2024 | 8.3% | −0.5 pts | 8.7% |
| 2023 | 7.0% | −0.4 pts | 7.4% |
| 2022 | 2.0% | −2.8 pts | 4.8% |
| 2021 | 17.4% | +11.2 pts | 6.2% |
| 2020 | -23.5% | −30.6 pts | 7.1% |
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
1.08%
Expense ratio as on 31 Oct 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.92%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.16%
- Exit load
- Exit load of 1% if redeemed within 12 months
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Medium Duration Debt A-III 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 | 0.87 | 1.04 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.57 | 1.68 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.11 | 1.74 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Nippon India Medium Term Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt85.1%
- Other14.9%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 15.82% | ₹23.14 Cr | +1.32% | +1.36% | +1.60% |
| National Bank For Agriculture & Rural Development | Financial | 6.78% | ₹9.90 Cr | — | — | — |
| Indian Railway Finance Corporation Ltd. | Financial | 3.63% | ₹5.30 Cr | +3.62% | +3.64% | — |
| REC Ltd. | Financial | 3.50% | ₹5.11 Cr | +3.47% | +3.60% | +4.42% |
| Triumph Composites Pvt. Ltd. | Chemicals | 3.50% | ₹5.11 Cr | +3.33% | — | — |
| Truhome Finance Ltd. | Financial | 3.45% | ₹5.04 Cr | +3.37% | +3.53% | +4.28% |
| Godrej Industries Ltd. | Consumer Staples | 3.43% | ₹5.00 Cr | +3.33% | +3.49% | +4.22% |
| Muthoot Fincorp Ltd. | Financial | 3.43% | ₹5.01 Cr | +3.34% | +3.38% | — |
| Rajasthan State | Others | 3.41% | ₹4.98 Cr | +3.36% | — | — |
| Adani Power Ltd. | Energy | 3.40% | ₹4.97 Cr | +3.34% | +3.47% | — |
| Aditya Birla Real Estate Ltd | Consumer Staples | 3.40% | ₹4.97 Cr | +3.36% | +3.48% | +4.25% |
| GMR Airports Ltd. | Construction | 3.40% | ₹4.97 Cr | — | — | — |
| Adani Airport Holdings Ltd. | Services | 3.39% | ₹4.95 Cr | — | — | — |
| Vastu Finserve India Private Ltd. | Financial | 3.39% | ₹4.95 Cr | +3.27% | +3.40% | — |
| Chhattisgarh State | Others | 3.38% | ₹4.95 Cr | +3.34% | +3.46% | — |
| Kotak Mahindra Investments Ltd. | Financial | 3.37% | ₹4.92 Cr | +3.31% | +3.47% | — |
| Tamilnadu State | Others | 3.37% | ₹4.92 Cr | +3.34% | — | — |
| Maharashtra State | Others | 3.34% | ₹4.88 Cr | +3.29% | — | — |
| Godrej Finance Ltd. | Financial | 3.27% | ₹4.78 Cr | — | — | — |
| Siddhivinayak Securitisation Trust | Others | 3.27% | ₹4.78 Cr | +3.28% | +3.43% | +4.17% |
| GOI | Sovereign | 3.20% | ₹4.67 Cr | +3.43% | +3.50% | +12.87% |
| Delhi International Airport Ltd. | Services | 2.79% | ₹4.07 Cr | +2.74% | +2.84% | +3.41% |
| Vedanta Ltd. | Metals & Mining | 2.42% | ₹3.54 Cr | +2.36% | +2.45% | +2.93% |
| Arka Fincap Ltd. | Financial | 2.06% | ₹3.00 Cr | +2.00% | +2.09% | +2.53% |
| National Highways Infra Trust | Construction | 0.88% | ₹1.29 Cr | +0.88% | +0.88% | +1.04% |
| Andhra Pradesh State Beverages Corporation Ltd. | Consumer Staples | 0.35% | ₹0.51 Cr | +3.37% | +3.53% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| GMR Airports Ltd. | 0.00% | 3.40% | +3.40% |
| Godrej Finance Ltd. | 0.00% | 3.27% | +3.27% |
| Andhra Pradesh State Beverages Corporation Ltd. | 3.47% | 0.35% | -3.12% |
| GOI | 3.50% | 3.20% | -0.30% |
| Vastu Finserve India Private Ltd. | 3.33% | 3.39% | +0.06% |
| Siddhivinayak Securitisation Trust | 3.32% | 3.27% | -0.05% |
| Muthoot Fincorp Ltd. | 3.40% | 3.43% | +0.03% |
| National Bank For Agriculture & Rural Development | 6.75% | 6.78% | +0.03% |
| Adani Airport Holdings Ltd. | 3.37% | 3.39% | +0.02% |
| Adani Power Ltd. | 3.38% | 3.40% | +0.02% |
| Arka Fincap Ltd. | 2.04% | 2.06% | +0.02% |
| Delhi International Airport Ltd. | 2.77% | 2.79% | +0.02% |
| Godrej Industries Ltd. | 3.41% | 3.43% | +0.02% |
| Tamilnadu State | 3.39% | 3.37% | -0.02% |
| Truhome Finance Ltd. | 3.43% | 3.45% | +0.02% |
| Chhattisgarh State | 3.39% | 3.38% | -0.01% |
| Kotak Mahindra Investments Ltd. | 3.36% | 3.37% | +0.01% |
| Maharashtra State | 3.35% | 3.34% | -0.01% |
| National Highways Infra Trust | 0.89% | 0.88% | -0.01% |
| Indian Railway Finance Corporation Ltd. | 3.62% | 3.63% | +0.01% |
| REC Ltd. | 3.49% | 3.50% | +0.01% |
| Triumph Composites Pvt. Ltd. | 3.49% | 3.50% | +0.01% |
| Vedanta Ltd. | 2.41% | 2.42% | +0.01% |
| Aditya Birla Real Estate Ltd | 3.40% | 3.40% | 0.00% |
| Others | 0.34% | 0.34% | 0.00% |
| Rajasthan State | 3.41% | 3.41% | 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 | ₹4,075 Cr | 1.35% | 5.5% | 7.2% | 7.5% |
 SBI Medium Term Fund | ₹6,319 Cr | 1.22% | 5.2% | 6.4% | 6.7% |
 ICICI Prudential Medium Term Fund | ₹5,260 Cr | 1.36% | 5.7% | 7.2% | 7.3% |
 HDFC Medium Term Fund | ₹3,514 Cr | 1.30% | 5.3% | 6.5% | 6.6% |
 Aditya Birla Sun Life Medium Term Fund | ₹3,343 Cr | 1.55% | 6.1% | 9.1% | 10.1% |
 Axis Medium Term Fund | ₹1,939 Cr | 1.32% | 5.4% | 6.8% | 7.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Sushil Hari Prasad BudhiaMr. Budhia has done CAPrior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
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 months2.89% absolute | ₹60,000 | ₹61,734 | 2.89% | |
| 1 year4.85% annualised | ₹1,20,000 | ₹1,23,200 | 2.67% | |
| 3 years7.81% annualised | ₹3,60,000 | ₹4,06,827 | 13.01% | |
| 5 years6.32% annualised | ₹6,00,000 | ₹7,07,173 | 17.86% |
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.