Nippon India Medium to Long Term Fund
- NAV as on 9 Nov 2026
- ₹93.28+0.06%1 day
- Return since launch
- 8.1%
- 52-week range
- ₹89.46 — ₹93.87
- AUM
- ₹297 Cr
Nippon India Medium to Long Term Fund is a Medium to Long Duration debt fund from Nippon India Mutual Fund with ₹297 Cr under management, launched in 1997. Over three years it has returned 4.6% a year, against 6.0% for its category. The expense ratio is 1.44% and the SEBI riskometer reading is Moderate.
Performance
Nippon India Medium to Long Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.4% against +3.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.0% | +0.9 pts | 3.1% | 3.4% |
| 2Y | 3.7% | 0.0 pts | 3.7% | 3.7% |
| 3Y | 4.6% | −1.5 pts | 6.0% | 4.6% |
| 5Y | 5.4% | +0.3 pts | 5.1% | 5.3% |
| 7Y | 5.2% | −0.1 pts | 5.3% | 5.2% |
| 10Y | 5.7% | +0.3 pts | 5.4% | 5.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 1.3% | +0.3 pts | 0.9% | 0.9% |
| 3M | -0.4% | +0.1 pts | -0.4% | -0.4% |
| 6M | 2.8% | +0.3 pts | 2.5% | 2.5% |
| 1Y | 3.4% | +0.4 pts | 3.1% | 3.0% |
| 2Y | 4.3% | −0.2 pts | 4.6% | 4.5% |
| 3Y | 5.9% | −0.1 pts | 6.0% | 6.0% |
| 5Y | 5.1% | 0.0 pts | 5.1% | 4.9% |
| 7Y | 5.6% | 0.0 pts | 5.6% | 5.5% |
| 10Y | 5.8% | +0.4 pts | 5.4% | 5.6% |
Since launch (20 Dec 1997): 8.1%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 4.9% | −1.4 pts | 6.3% |
| 2024 | 8.1% | −0.9 pts | 9.0% |
| 2023 | 6.8% | −0.5 pts | 7.3% |
| 2022 | 3.3% | 0.0 pts | 3.4% |
| 2021 | 1.2% | −2.3 pts | 3.5% |
| 2020 | 10.5% | −0.3 pts | 10.8% |
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
1.44%
Expense ratio as on 31 Oct 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.22%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.22%
- Exit load
- Exit load of 0.25% if redeemed within 15 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Medium to Long Duration Debt Index A-III
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 | 0.16 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | -0.04 | 0.23 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.89 | 2.66 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Nippon India Medium to Long Term Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt76.1%
- Other23.9%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 37.44% | ₹117 Cr | +1.70% | +1.65% | +1.40% |
| Tamilnadu State | Others | 9.52% | ₹29.70 Cr | +8.35% | +8.11% | — |
| GOI | Sovereign | 8.01% | ₹24.99 Cr | 0.00% | 0.00% | +19.27% |
| National Bank For Agriculture & Rural Development | Financial | 7.98% | ₹24.89 Cr | +6.94% | +6.78% | +6.04% |
| Andhra Pradesh State | Financial | 7.43% | ₹23.19 Cr | +6.59% | +13.66% | — |
| REC Ltd. | Financial | 1.55% | ₹4.83 Cr | +1.37% | +1.32% | +1.18% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| GOI | 0.00% | 8.01% | +8.01% |
| company:6961 | 7.79% | 0.00% | -7.79% |
| company:5848 | 7.51% | 0.00% | -7.51% |
| company:6919 | 3.00% | 0.00% | -3.00% |
| Tamilnadu State | 9.10% | 9.52% | +0.42% |
| National Bank For Agriculture & Rural Development | 7.57% | 7.98% | +0.41% |
| Andhra Pradesh State | 7.13% | 7.43% | +0.30% |
| REC Ltd. | 1.48% | 1.55% | +0.07% |
| Others | 0.38% | 0.40% | +0.02% |
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 | ₹1,143 Cr | 1.26% | 4.1% | 5.1% | 5.8% |
 SBI Medium to Long Term Fund | ₹1,995 Cr | 1.48% | 4.0% | 5.0% | 5.8% |
 ICICI Prudential Medium to Long Term Fund | ₹1,977 Cr | 1.00% | 3.4% | 5.2% | 6.0% |
 Bandhan Medium to Long Term Fund | ₹425 Cr | 1.94% | 4.6% | 4.9% | 5.3% |
 LIC MF Medium to Long Term Fund | ₹173 Cr | 0.62% | 4.4% | 5.4% | 6.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to generate capital appreciation of the portfolio and optimal returns consistent with moderate risk. The scheme will predominantly invest in debt instruments, while money market investment can also go up to 50 per cent.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Vivek SharmaMr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).He has been associated with Nippon India Mutual Fund since 2006.
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 months2.78% absolute | ₹60,000 | ₹61,668 | 2.78% | |
| 1 year3.43% annualised | ₹1,20,000 | ₹1,22,253 | 1.88% | |
| 3 years5.92% annualised | ₹3,60,000 | ₹3,94,829 | 9.67% | |
| 5 years5.13% annualised | ₹6,00,000 | ₹6,85,238 | 14.21% |
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.