MF Gyan
otherModerate risk9 years oldCooling recently (last 6m ≈ -24% p.a.)

Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option

A specialised fund. Check the scheme details for what it invests in. From Nippon India Mutual Fund. It's been running since 20 Jul 2017.

Latest price per unit
₹10.00
▼ 15.29% today
As of 20 Oct 2020 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹91.0k
▼ ₹9.0k loss · -9.0% / year
Invested 3 years ago
₹97.9k
▼ ₹2.1k loss · -0.7% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.65 L
Gain / loss-₹15.3k
XIRR (annualised)-5.80%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.65 L
Projected gain*+-₹15.2k
*at this fund's historical rate of -5.80% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in IDF

Same plan
1-year return
-9.03%median 3.33% (-12.36%)
Rank #352 of 501Beats 14% of peers
3-year return
-0.70%median 4.93% (-5.63%)
Rank #267 of 501Beats 6% of peers
Bumpiness (3Y)
10.34%median 3.16% (+7.18%)
Rank #377 of 501Less risky than 15% of peers
Worst-ever drop
-15.29%median -2.36% (-12.94%)
Rank #63 of 501Less risky than 86% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 4 years were positive.

+2%
2017
+7%
2018
+2%
2019
-11%
2020
Best year
2018 · 7.16%
Worst year
2020 · -10.65%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
10.3%

The value swings roughly 10% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-15.29%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option against other other funds.

Technical details (for the pros)
CAGR — 1 year-9.03%
CAGR — 3 years-0.70%
CAGR — 5 years—
CAGR — since launch-0.05%
Volatility — 1 year (annualised)16.92%
Volatility — 3 years (annualised)10.34%
Max drawdown — 1 year-15.29%
Max drawdown — 3 years-15.29%
Sharpe ratio — 1 year (rf=6%)-0.94
Sharpe ratio — 3 years (rf=6%)-0.65

Fund info

Fund house
Nippon India Mutual Fund
Category
IDF
Plan
Direct
Option
Dividend
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
141613
First price on record
20 Jul 2017 · 788 daily prices

About Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option

Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option is a IDF offered by Nippon India Mutual Fund under the Direct plan with the Dividend option. It has approximately 9 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option is ₹10.0000 (as of 20 Oct 2020). Historically, it has delivered -9.10% over the last year, -0.70% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 10.3% annualised volatility — a "moderate" level of bumpiness; its deepest peak-to-trough fall on record was 15.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option?+

The latest NAV of Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option is ₹10.0000 as of 20 Oct 2020, down 15.29% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option?+

Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option has delivered 1-year return -9.10%, 3-year CAGR -0.70%, since-inception CAGR -0.05%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option belong to?+

Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option is categorised as IDF. A specialised fund. Check the scheme details for what it invests in.

How risky is Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option?+

Based on its 3-year annualised volatility of 10.3%, Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option sits in the "moderate" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option a direct plan?+

Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option?+

Nippon India Fixed Horizon Fund XXXIV- Series 8- Direct Plan- Dividend Payout Option has NAV history available from 20 Jul 2017 — approximately 9 years of track record and 788 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.